Gala Music, a Web3 startup subsidiary, is launching 3,003 NFTs on April 14, with an unreleased version of David Bowie’s “Let’s Dance” included. A previously unreleased version of David Bowie’s “Let’s Dance” has surfaced as part of a limited edition collection of nonfungible tokens (NFTs). Gala Music, a subsidiary of the Web3 startup Gala Games,...Continue Reading

The deadline for repayment registration for those affected by the Mt. Gox closed, and now the trustee released a statement on its next steps in the repayment process. The saga of the Mt. Gox cryptocurrency exchange and the repayment of its creditors continues, as the company released a new statement as to what to expect...Continue Reading

The International Organization of Securities Commissions shared its vision of stablecoin arrangements, decentralized finance and “finfluencers.“ The International Organization of Securities Commissions (IOSCO) will launch a consultation for its regulation report on crypto assets in Q2 2023. The final recommendations from the organization are planned to be published by the end of 2023.  The dates...Continue Reading

Bitcoin still lacks direction, traders agree, but both $25,000 and $30,000 remain as targets once conditions change. Bitcoin (BTC) stuck to a narrow trading range into April 7 as crypto analysts awaited the week’s main United States macroeconomic data. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $30,000 or $25,000 for Bitcoin? Data from Cointelegraph Markets...Continue Reading

Despite the crypto bear market in 2022, there wasn’t a significant decline in NFT adoption, according to the report. Crypto data website CoinGecko has released survey findings indicating that the majority of nonfungible token (NFT) holders own 51 or more NFTs, while those who only hold a single NFT comprised the smallest group among the...Continue Reading

The ECB President admitted that “there will be control” in regards to a digital euro, much to the displeasure of the crypto community. A widely shared video of European Central Bank (ECB) President Christine Lagarde admitting that a Digital Euro will be used in a “limited” way to control the payments people can make was...Continue Reading

The financial and advertising regulators posted a seven-part checklist to ensure these social media stars stay within the bounds of the law. The financial and advertising regulators of the United Kingdom have teamed up to send a warning to social media “finfluencers” telling them to stop promoting illegal “get rich quick” schemes or face law...Continue Reading

The re-staking collective aims to address Ethereum validator economic incentives. A new protocol that allows Ethereum validators and stakers to “re-stake” their assets onto other emerging networks has just launched on testnet. The mainnet launch of the EigenLayer protocol is not expected until Q3, however, and testing will be phased in three stages to onboard...Continue Reading

Finland and Australia had the highest proportion of tax-paying crypto investors, while the United States ranked 10th on the list, according to the study. Swedish crypto tax firm Divly has released a new report that estimates that only 0.53% of crypto investors globally paid tax on their crypto in 2022 — however tax experts have...Continue Reading

Bitcoin’s strong start to 2023 is persisting despite numerous headwinds, and is currently outperforming the S&P 500 Index by nearly 60 percentage points. Following Bitcoin’s (BTC) stellar start to 2023, SkyBridge Capital founder Anthony Scaramucci believes “we’re through the bear market” and expressed confidence in his firm’s crypto investments. However, “the Mooch” qualified the statement...Continue Reading