Galaxy tokenizes violin to secure loan, NFT sales volume tumbles: Nifty Newsletter
NFTs recorded a 54% drop in sales volume, from over $1 billion in April to $624 million in May.
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SEC delays staking decision for Grayscale ETH ETFs
The delay comes after the agency cleared options trading on Ether ETFs. The final deadline for staking services, however, remains October 2025. 4609 Total views 3 Total shares The United States Securities and Exchange Commission (SEC) has delayed a decision on whether to approve Ether staking in two Grayscale funds. The decision on Grayscale Ethereum

10 obstacles to cross-chain interoperability (and how they can be overcome)
Even crypto industry outsiders are gaining clarity on the benefits of blockchain technology, which is a significant step forward for the ecosystem. However, a challenge remains: The industry still struggles with interoperability between blockchain networks. Unless different chains can safely and efficiently communicate and exchange data, the full power of blockchain — including true decentralization,…

US lawmakers introduce bill to ‘fix’ crypto reporting requirement from infrastructure law
The bill proposes pushing back the mandated reporting requirements to 2026 as well as changing the definition of broker. 178 Total views 6 Total shares A bipartisan group of United States lawmakers has introduced legislation to change the tax reporting requirements that will go into effect due to the recently signed infrastructure bill.House Representatives Patrick…

‘We are worried about a recession,’ but there’s a silver lining — Cathie Wood
ARK Invest CEO Cathie Wood believes the White House is underestimating the recession risk facing the US economy stemming from US President Donald Trump’s tariff policies — an oversight that will eventually force the president and Federal Reserve to enact pro-growth policies. Speaking virtually at the Digital Asset Summit in New York on March 18

Cash, not crypto, still top funding choice for terrorists, Singapore reports
Singapore’s 2024 terrorism threat assessment reveals a continued reliance on cash transfers for funding by terrorist groups despite some increase in crypto usage.

Crypto Biz: A Futurist take on crypto
You might not know it, but Canada is quietly becoming a major player in the blockchain and crypto scene: Ethereum has strong Canadian roots, Toronto-based 3iQ launched North America’s first physically-settled Bitcoin (BTC) exchange-traded fund (ETF) and the percentage of active crypto holders in the country has increased steadily over the past two years. Against this backdrop,…

Consensus 2022: Web3, unpacking regulations, and optimism for crypto’s future
“Everything is bigger in Texas” proved to be true during Consensus 2022. The crypto conference took place June 9–12 in Austin, Texas, this year, attracting 17,000 people from across the globe, despite the 100-degree plus weather. According to the event sponsors, Consensus 2018, which was held at the Hilton Hotel in New York, had previously…

Georgian citizens made to swear an oath to stop mining crypto
A holy oath was taken to try to ensure the region’s power grid would work at its most efficient level, as crypto miners are blamed for drawing off too much juice. 657 Total views 31 Total shares Residents of Svaneti, Georgia, have reportedly been made to pledge a holy oath they will not mine cryptocurrency…