Blockchain Association sues IRS over digital asset reporting rules: Law Decoded
The IRS issued new regulations requiring DeFi platforms to report crypto transactions. In response, the Blockchain Association filed a lawsuit against the IRS, arguing that the rules are unconstitutional.
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$3.75B Food Safety Company Enlists Blockchain Startup to Track Sourcing
Neogen Corporation, a publicly-traded food safety company with a $3.75 billion market cap, looks to food industry blockchain startup Ripe Technology to track supply chains. According to the press release, the two companies are going to work together to use blockchain as a permanent, immutable means to record the whole production process of food consumption and…

Nike sued for $5 million over its shutdown of NFT platform RTFKT
Nike has been hit with a class-action lawsuit that accuses the sportswear giant of operating a rug pull for shuttering its non-fungible token (NFT) platform RTFKT in January. A group of RTFKT users led by Jagdeep Cheema claimed in the proposed class suit filed in a Brooklyn federal court on April 25 that they suffered

How to get a job in the Metaverse and Web3?
Can you work in the Metaverse?The Metaverse is the next big career path on which to land an ideal job with firms like Meta, Roblox, Microsoft, OpenSea, The Sandbox (SAND), and the many others constructing it. So, if you want to know how to land a job in the Metaverse, you need to be aware…

Ripple celebrates SEC’s dropped appeal, but crypto rules still not set
Ripple is celebrating the United States Securities and Exchange Commission’s (SEC) decision not to pursue a court case against the firm, but it provides little legal certainty for the crypto industry. The US financial regulator has apparently dropped an appeal against Ripple, the issuing firm of crypto asset XRP. The industry saw the case as

French Retail Chain Carrefour Registers Sales Boost Following Blockchain Integration
French retail giant Carrefour has seen an increase in sales after the implementation of a blockchain-based tracking system, Reuters reported on June 3.Carrefour’s blockchain tracking system enables customers to track the supply chain of 20 items, including meat, milk, and fruit from farms to stores, thus avoiding products with genetically modified organisms, antibiotics, and pesticides.…

China’s digital yuan trials reportedly limited to small retail transactions
China’s central bank released a new statement to debunk some rumors. 1720 Total views 20 Total shares The People’s Bank of China (PBoC) announced that the test run of its central bank digital currency is currently limited to small retail transactions.According to the Global Times on Aug. 24, the central bank has clarified some details…

Strike’s Mallers to head firm seeking superior Bitcoin play to MSTR
Twenty One Capital, a new Bitcoin treasury company led by Strike founder Jack Mallers with the support of Tether, SoftBank and Cantor Fitzgerald, is looking to supplant Michael Saylor’s Strategy to become the “superior vehicle for investors seeking capital-efficient Bitcoin exposure.” Twenty One revealed it plans to launch with 42,000 Bitcoin (BTC) (worth $3.9 billion)

What are ETF fund flows, and why do they matter?
ETF fund flows refer to the movement of money into or out of exchange-traded funds, and they matter because they indicate investor sentiment and can influence market trends.