McDonald’s metaverse in Singapore, South Korea classifies NFTs as virtual assets: Nifty Newsletter
NFT sales surge volumes across various platforms and blockchains, with Bitcoin-based digital collectibles leading the charge.
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A Supreme Court case could kill Facebook and other socials — allowing blockchain to replace them
The internet — arguably the greatest invention in human history — has gone awry. We can all feel it. It is harder than ever to tell if we are engaging with friends or foes (or bots), we know we are being constantly surveilled in the name of better ad conversion, and we live in constant…

South African crypto landscape primed for TradFi growth after FSCA ruling
South African financial service providers have been primed to offer cryptocurrency products and services to customers after regulatory amendments in the country.This comes after South Africa’s Financial Sector Conduct Authority amended its financial advisory act from 2002 on Oct. 19, defining crypto assets in the country as financial products. Most importantly, the definition means that…

SEC, Gensler-themed memecoins surge amid Binance and Coinbase lawsuits
Memecoins that draw their likeness from Gary Gensler and the SEC have rallied significantly since the regulator sued Binance and Coinbase. A number of memecoins drawing their likeness from the United States Securities Exchange Commission (SEC) and its chair Gary Gensler have seen a sharp spike in price following the regulator's lawsuits against crypto exchanges…

Cathie Wood’s ARK ETF reportedly buys 6.93M shares of SPAC merging with Circle
Ark Invest's latest foray into the crypto sector focuses on stablecoin issuer Circle, which announced plans to merge with SPAC Concord Acquisition Corp. 39 Total views 9 Total shares Cathie Wood's Ark Invest has reportedly purchased 6.93 million shares of the special purchase acquisition company, or SPAC, that is merging with Circle, for $70.6 million…

Bitcoin prepares for $50K showdown as futures traders turn ‘modestly bearish’ on BTC
Bitcoin (BTC) edged closer to $50,000 on Aug. 22 as concerns over a bearish downturn made a timely reappearance.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Modestly bearish" signs accompany $50,000 run-upData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting a high of $49,830 on Bitstamp Sunday — itself a three-month record.The weekend had proven the staying…

NYDIG partners with Houston Rockets basketball franchise, plans to pay team in BTC
The deal seems to be part of a larger move for Rockets owner Tilman Fertitta, who is also the chairman and CEO of a restaurant group that recently launched a Bitcoin rewards program. 375 Total views 3 Total shares The New York Digital Investment Group will be paying the National Basketball Association’s Houston Rockets franchise…

45% of Bitcoin supply has not moved in 6 months — Research
A healthy portion of Bitcoin hodlers refuse to let go of their coins no matter what BTC price action delivers.

Bank of England thinks digital pound can co-exist with private stablecoins
The central bank wants an e-GBP to be retail-focused and could form part of a "mixed payments economy" alongside cryptocurrency stablecoins. 75 Total views 5 Total shares Own this piece of history Collect this article as an NFTThe United Kingdom is a step closer to launching a Central Bank Digital Currency (CBDC) after releasing a…