Dapper Labs’ $4M settlement reaffirms NBA NFTs aren’t securities: CEO
Dapper Labs has entered a $4 million agreement to settle an investor lawsuit that claimed it sold NBA Top Shot Moments NFTs as unregistered securities.
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Korea’s Largest Internet Firm Kakao Is Running a Crypto ICO That Is Not Subject to SEC Scrutiny
Kakao, South Korea’s largest internet conglomerate that operates applications and have nearly a 90 percent dominance in their respective markets, is running an Initial Coin Offering (ICO) to raise funds for its blockchain project called Clay.In March, Kakao released its initial attempt to conduct a token sale by establishing an entity in Switzerland. But, with…

Fixed interest rates to create a DeFi 2.0 for institutions, says former bank exec
In its latest seed funding Infinity Exchange investors allied behind the need for an increase in more secure institutional investment. 366 Total views 11 Total shares Infinity Exchange, a new platform providing institutional grade capital efficiency in decentralized finance (DeFi), announced a $4.2 million seed found in a bid to boost institutional adoption for DeFi.Infinity…

Bitcoin is the perfect settlement layer to build apps on top of: Hiro CEO
Bitcoin programmability may also help further drive Bitcoin adoption as both a technical and financial layer in our society, which in turn may “drive up the price” over the long term. 578 Total views 8 Total shares While the Bitcoin network isn’t programmable, it serves as an excellent settlement layer to build robust applications on…

Meta’s prototype ‘full holographic’ glasses could be a game changer for Web3
The new holographic display could give NFTs the Pokemon Go treatment.

Ethereum's L2 approach equals many high-throughput chains — Avail exec
A multitude of execution layers with different block times gives Ethereum a unique value proposition, Avail co-founder Anurag Arjun said. Ethereum's focus on scaling through many layer-2 networks, each with its own transaction processing speed and parameters, potentially gives the network an unlimited number of unique high-throughput chains, according to Anurag Arjun, co-founder of Avail

Binance Set to Launch NEO/USDT Futures With Up to 50x Leverage
Major cryptocurrency exchange Binance announced that it is about to launch a new futures product tracking crypto asset NEO.Per the announcement published on Feb. 16, the NEO/USDT futures will be launched on Feb. 17 and traders will be able to select leverage between 1x and 50x. The fees that the exchange imposes on trades of…

Who was Len Sassaman, and why might HBO think he is Satoshi Nakamoto?
The late cryptographer and privacy advocate is in the spotlight because bettors on Polymarket think he may be identified as Satoshi Nakamoto.

Hedera to Compensate Investors That Lock Tokens With More Crypto
Blockchain firm Hedera announced that holders of its HBAR token that decide to lock their crypto assets will be compensated with more cryptocurrency.In a blog post on Dec. 23, the company announced that, beginning in early 2020, HBAR holders that participated in the token sale will be able to take part in a program that…