Binance affiliate Gopax sold Genesis creditor claims at steep discount: Report
The Gopax exchange reportedly owes 100 billion Korean won in unreturned user staking deposits.
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NFT studio Mojito completes $20M seed round with help from Sotheby’s
Mojito previously helped develop Sotheby’s new digital NFT marketplace platform, Metaverse. 224 Total views 26 Total shares NFT development studio Mojito announced Friday that they have raised $20M in seed funding from a number of investors, including internationally known auction house Sotheby's.According to an announcement published in Forbes, Sotheby’s auction house in partnership with Future…

Department of Homeland Security Awards $200K to Develop Blockchain Security Tech
The United States Department of Homeland Security (DHS) has awarded Virginia-based Digital Bazaar $199,984 to develop its blockchain security technology, according to a press release, Nov. 14.The Department’s Science and Technology Directorate (S&T) made the Phase 1 award, as it explores blockchain and distributed ledger technology (DLT) solutions to fulfill common needs across DHS missions.Replacing…

Ethereum ETF approvals becoming 'giant political issue' — Joseph Lubin
Ethereum co-founder Joseph Lubin expects several 19b-4 Ether ETF applications to get the green light but anticipates a long wait before they go public.

Bitcoin Movement launches collection of blockchain-backed streetwear designed by Zuby
Designed in collaboration with British influencer Zuby, each piece is linked to the VeChain blockchain for “Proof of authenticity”. 896 Total views 12 Total shares On Friday, the online retail store Bitcoin Movement (BTCMVMNT), launched a limited edition streetwear line featuring a blockchain-backed system of “Proof of authenticity.”The 300-item collection, which was designed with input…

More Crypto Development Means More Trading Returns, Findings Say
Recent research shows a correlation between crypto prices and their underlying code. 1430 Total views 32 Total shares A new report preprint shows a correlation between crypto asset prices and their code developers. "We reveal that the first coding event linking two cryptocurrencies through a common developer leads to the synchronization of their returns in the…

SEC wins case against defunct crypto firm over $18M ICO
A US federal judge found Rivetz and its CEO Steven Sprague sold unregistered securities when it offered an Ethereum-based token in 2017.

Chinese artist showcases NFT real estate at Alibaba-sponsored innovation festival
NFT artworks depicting “socialist cyberpunk” housing are being showcased at the Taobao Maker Festival in Shanghai. 482 Total views 4 Total shares This year’s Taobao Maker Festival — an annual event celebrating Chinese art and entrepreneurship hosted by the Alibaba-owned e-commerce platform Taobao — will showcase nonfungible tokens (NFTs) for the first time.This year’s event…

Global Regulators Haven’t Properly Addressed Stablecoins
Facebook’s plans to launch its cryptocurrency Libra this year has more than a few agencies in the European Union and the United States wondering what to do. While government bodies around the world are working to better understand crypto, regulations and laws pertaining to stablecoins aren’t being implemented quickly enough, according to a global finance…