Financial News
- Aaryamann Shrivastava
The Bored Ape Yacht Club’s Discord server wasn’t the only one to be hacked, as the Discord of another NFT collection, Doodle, was also attacked.
- Thibault Vasse
The interest-payment burden is more important for assessing sovereign debt sustainability than the level of public debt itself.
- Martin Young
The U.S. Securities and Exchange Commission has stated that digital asset exchanges will have to report the assets they hold for clients on their balance sheets.
- Bob Mason
Citi analysts deliver a bullish outlook for the Metaverse. Significant investment will be needed, however, for Citi’s projections to become a reality.
- Aaryamann Shrivastava
The bill is expected to move for trilogues with the European Commission and the European Council within the next two weeks.
- Bob Mason
Binance takes another plunge into the music industry, forming a partnership with the Recording Academy who is behind the Grammy Awards.
- Aaryamann Shrivastava
While the reason behind the fallout of the deal has not been declared, the decision not to go through with the acquisition was mutual.
- Varuni Trivedi
While crypto adoption across the globe continues to rise, the IMF and the Indian government in response to IMF’s decision have warned against cryptos.
- Aaryamann Shrivastava
In a first of its kind, SHIB: The Metaverse will categorize its lands into four tiers which distribute them based on prices ranging from 0.2 to 1 ETH.
- Bob Mason
WeChat takes steps to curb NFT marketplace promoting. A continued rise in illicit activity across the NFT marketplace could lead to government action.
- Bob Mason
It’s been a busy week with KFC, Pizza Hut, Taco Bell, Dunkin Donuts, and Hooters among big names filing NFT and Metaverse-related trademark applications.
- Varuni Trivedi
Crypto exchange Blockchain.com bagged a funding led by Lightspeed Venture Partners that more than doubles the firm’s previous value.
- Aaryamann Shrivastava
His statement came two days after MicroStrategy borrowed $205 million as a loan from a unit of Silvergate Bank against its Bitcoin holdings.
- Sujha Sundararajan
The division will conduct examinations of broker-dealers and investment advisors that use cryptos on whether they consider risks and investor protection.
- Aaryamann Shrivastava
The Wave ADA Yield fund will be established in order to provide support for the development of new DeFi Dapps in the Cardano ecosystem.
- Martin Young
Two veteran stock-picking portfolio managers are preparing to enter the realms of digital assets with a new hedge fund that seeks out fundamentally strong cryptos.
- Aaryamann Shrivastava
The motive behind the new NFT marketplace will be to bring more users onto the ecosystem and also create higher incentives to hold the native token ASW.
- Sujha Sundararajan
Firms including Revolut, Copper, and ten other applicants would be allowed to continue trading using temporary licenses until a given additional time.
- Varuni Trivedi
A recent survey highlights that while crypto adoption among Americans is on the rise, familiarity with DeFi, CBDCs and Web3 is deceptively low.
- Aaryamann Shrivastava
The order comes at a time when the growing crypto adoption is also becoming the center of attention for Federal agencies.