Pudgy Penguins CEO unfazed by SEC actions against the NFT sector
While the SEC focuses on investor protection, Pudgy Penguins CEO Luca Schnetzler believes that investors should also hold some form of accountability for their purchases.
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China Merchants Bank Subsidiary Uses Blockchain for DeFi Applications
Hong Kong-based China Merchants Bank International (CMBI) will develop and launch blockchain-based solutions for its financial services.CMBI and Huobi partner with NervosIn an Oct. 3 press release shared with Cointelegraph, CMBI, a wholly-owned subsidiary of China Merchants Bank, announced that it is partnering with Chinese blockchain startup Nervos to apply blockchain technology to its financial…

Law firm urges Metaplex rethink fee sweep or risk ‘extended litigation’
Burwick Law says Metaplex could be sued if it doesn’t change its plan to sweep unclaimed NFT value from its resize upgrade to its DAO treasury instead of returning them to NFT holders. Crypto law firm Burwick Law has called out Solana-based non-fungible token platform Metaplex’s plan to sweep unclaimed Solana (SOL) into its treasury

Crypto mining stocks surge to yearly highs after Bitcoin bounces back
The surge in crypto mining stocks was a relief for the industry after a crippling year, where public crypto miners incurred $4 billion in liabilities. 674 Total views 25 Total shares Own this piece of history Collect this article as an NFTThe Bitcoin (BTC) price rebound to a multi-month high has also positively affected mining…

IOTA co-founder: Lummis-Gillibrand is a blessing for the crypto industry
There’s never a good time for a crypto winter, but it would be difficult to envision a worse time than right now.Even before 70% of Bitcoin’s (BTC) value evaporated seemingly overnight, things were not going great in the court of public opinion. Negative sentiment was everywhere; a Twitter account documenting crypto bros taking it on…

Ebang aims to set up digital financial platform in New Zealand
The Nasdaq-listed company is moving ahead with its ambitious expansion plan. 1050 Total views 13 Total shares Ebang, a major Chinese Bitcoin (BTC) mining equipment supplier, is planning to acquire a financial firm in New Zealand to set up a local digital asset financial service platform.According to an official announcement on Oct. 14, Ebang International…

Research Suggests Russian-Based Hackers Behind Ryuk Ransomware’s $2.5 Million Gains
A recent spate of ransomware attacks estimated to have earned hackers 705.08 Bitcoin (BTC) ($2.5 million) likely came from Russian cybercriminals, not North Korean state-sponsored actors as initially thought. The development was reported on The Next Web’s crypto-focused news site Hard Fork on Jan. 14.Hard Fork cites evidence from cybersecurity research teams McAfee Labs and…

Will Telegram-linked Toncoin bounce back after Pavel Durov’s arrest?
TON traders might view the recent dip as a chance to buy low if Durov’s arrest is an isolated incident.

Anchorage Launches Support for DeFi Token KEEP
Crypto custodian Anchorage has launched support for KEEP in its latest bid to emerge as a leading custodian for DeFi tokens. 1701 Total views 23 Total shares Cryptocurrency custodian Anchorage is continuing to expand its focus on decentralized finance (DeFi), announcing support for custody of Keep Network’s token.The KEEP token powers tBTC, a trustless and…