In a groundbreaking move, the Law Commission of the United Kingdom (UK) Parliament recently presented the Property (Digital Assets, etc.) Bill, aimed at officially acknowledging digital assets as legit property. This bill signifies a significant shift in British legal history, as it categorizes cryptocurrencies, non-fungible tokens (NFTs), and carbon credits as personal possessions under English
App
The upcoming airdrop for the highly anticipated Rocky Rabbit Telegram game is set to take place on September 23, 2024, on The Open Network (TON). This event marks a significant milestone in the game’s development as it rewards early adopters and signals a shift towards more advanced gaming features. Players who participate in the airdrop
A Nigerian court has decided to postpone the verdict on the bail application for Tigran Gambaryan, an executive at Binance, until October 9. This ruling came after arguments were presented by Gambaryan’s lawyer, Mark Mordi, and the prosecuting counsel, Ekele Iheanacho, who was against granting bail to Gambaryan. The bail application was submitted on September
The financial landscape in Europe is witnessing a significant shift as leading Swiss bank Zurich Cantonal Bank has recently introduced cryptocurrency trading services for its customers. This move signals a growing acceptance and adoption of digital assets within the traditional banking sector. On September 4, 2024, Zurich Cantonal Bank announced the launch of Bitcoin (BTC)
Investors and gamers have been increasingly drawn to pre-market trading as a means of gaining early access to sought-after game tokens. Platforms like Telegram have introduced games such as Hamster Kombat, Catizen, WatBird, and X Empire, offering traders the opportunity to acquire tokens before they are officially released to the public. This strategy, known as
The Digital Chamber (TDC) has urged Congress to pass legislation that would designate certain non-fungible tokens (NFTs) as consumer goods and exempt them from federal securities laws. This call for action comes in response to the Securities and Exchange Commission’s (SEC) recent enforcement actions, including a Wells notice issued to NFT marketplace OpenSea. TDC argues
Bitcoin recently experienced a significant daily surge, jumping from $53,600 to over $58,000. One of the key factors behind this surge could be attributed to the US spot Bitcoin ETFs, which were introduced in mid-January. These ETFs have had a noticeable impact on Bitcoin’s price movements, with positive flows leading to price increases and negative
Cardano (ADA) has seen a surge in various key metrics within its ecosystem, especially following the successful implementation of the anticipated Chang upgrade on September 1. Despite facing a bearish market sentiment that impacted ADA’s price, the Cardano Foundation reported increased investor activity and blockchain usage. According to a recent social media post by the
SEC Commissioner Hester Peirce has recently expressed her ongoing concerns regarding the SEC’s Staff Accounting Bulletin No. 121 (SAB 121). Her comments came after a speech by SEC Chief Accountant Paul Munter, who reiterated the Commission’s stance on SAB 121, stating that it remains unchanged. Despite the growing attention around the regulation, Munter emphasized that
In 2024, the US Securities and Exchange Commission (SEC) made headlines by imposing a staggering $4.68 billion in fines against various crypto companies. This marked a significant milestone in the agency’s history, representing the most aggressive regulatory year to date. According to a report by Social Capital Markets, this hefty sum brings the total fines