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Singapore High Court rules crypto personal property, compares it to fiat money
Cryptocurrency is property capable of being held in trust, Judge Philip Jeyaretnam of the High Court of Singapore ruled on July 25. The judge said he didn’t see any difference between crypto, fiat money or shells as long as all those…
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OpenAI creator launches Worldcoin
In the latest episode of The Market Report, analyst and writer Marcel Pechman discusses the Worldcoin token launch, why it is controversial, and the differences between it and most altcoins. According to the analysis, investors should…
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Axie Infinity creator to develop new game in partnership with CyberKongz
Sky Mavis, the company behind the popular play-to-earn (P2E) blockchain game Axie Infinity, has announced a partnership with the Ethereum-based nonfungible token (NFT) collection CyberKongz to create a more comprehensive gaming ecosystem…
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An Offer of Only $500 to Solve a $5 Million Hack
A security outfit led by ethical hackers who specialize in security audits claimed to be offered a $500 bounty by DxSale Network, a decentralized token launchpad, after informing the platform of a breach that could cost…
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Vladimir Putin signs Russia’s digital ruble bill into law
The digital ruble bill was passed by the lower and upper parliaments before the president signed it into law.
Russia is…
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A Positive Indicator for BTC Price
Both the monthly and yearly Bitcoin absorption rates are currently negative. Analysts are reading this as a bullish sign for the price of BTC.
With Bitcoin yet to break through $32,000 this year and below $30,000 for much of the past…
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XRP court ruling marks milestone, but new crypto law could take years
The recent court ruling that Ripple’s XRP (XRP) token is not considered a security when sold on digital asset exchanges has sparked a wave of positive sentiment across the cryptocurrency ecosystem. Stuart Alderoty, chief legal officer at…
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BAYC Has Tanked 90% as NFT Collection Floor Prices Plummet
Nonfungible tokens (NFTs) have not recovered anywhere near the levels that crypto markets have. Even the largest collections in the industry, such as Yuga Labs’ Bored Ape Yacht Club, are heavily discounted.
On July 3,…
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Korean banks research stablecoin, CBDC alternative
Several private banks in South Korea are studying the potential of tokenized deposit technology, an alternative to both private stablecoins and central bank digital currencies (CBDCs). According to a report from Maeli Business News…
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Dormant Bitcoin Whale Wakes up After 11 Years to Transfer $31M in BTC
A Bitcoin wallet that was inactive for more than a decade has recently sent out more than $30 million worth of BTC to another address.
The whale received the stash in mid-April 2012 when the USD valuation of the primary…
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