The U.S. Securities and Exchange Commission (SEC) has charged cryptocurrency lending platform Blockfi in a first-of-its-kind action. The crypto lender has agreed to pay $100 million to settle the charges and pursue necessary registrations. SEC Charges Crypto Lending Platform Blockfi The U.S. Securities and Exchange Commission (SEC) announced Monday that crypto lending platform Blockfi has agreed to pay $100 million…
Steve Aoki is no stranger to NFTs. As an artist, Aoki has been in the NFT space for a few years and wants to see these unique assets transform the music industry. Aoki also is a fan of Gala Games and its latest offshoot, Gala Music. He gave the opening talk at a private Gala Music event at the Forum…
Despite the promise that Web3 will tear down the old guard with blockchain and decentralized tech, some old problems from Web2 have dogged the crypto and NFT space. Old tweets are resurfacing. Reputations and brands are being called into question. And, as happened on the centralized social networks of Web2, women, BIPOC (Black, Indigenous, and People of Color), and LGBTQ+…
Dear Conservatives, I was blessed to have been surrounded by many positive, conservative role models during my childhood. Otherwise, I would probably be another leftist zoomer that has replaced family with the government and God with the self. Values that were once commonplace in the west: family, religion, limited government, personal responsibility, and delayed gratification, have now been labeled as…
Airdrops, going ‘multi-chain’ and massive multi-million dollar developer incentives were some of the key marketing and rebrand tactics blockchain projects used in 2021. This trend appears set to continue in 2022 and Gnosis (GNO) appears to be jumping on the bandwagon. Data from Cointelegraph Markets Pro and TradingView shows that since hitting a low of $219 on Jan. 24, the…
In brief BlockFi has agreed to pay a $100 million settlement with the SEC and 32 states. The company says it has a path forward to create and register a similar product. Crypto lending firm BlockFi must pay $100 million to federal and state securities regulators to settle charges that it failed to properly register its high-yield Blockfi Interest Accounts…
The effort to change America’s psychosis with race relations and the passive-aggressive hold that unfettered capitalism has on its core operating system is connected. How many times have you seen the flag at your local post office or town hall at “half-mast?” This week in New York two police officers were killed in the line of duty, and we were…
press release PRESS RELEASE. Clesson, the operating firm of the LABEL Foundation, has received an extra $2 million in equity funding from eBest Investments & Securities and Groom Investments to advance the Web 3.0 NFT infrastructure for musicians, fans, and content producers and boost the revolution in the industry. eBest Investments and Securities, a leading South Korean asset management firm,…
Charities and donations have been a trending topic in the cryptocurrency realm as of late. And it’s not simply an act of giving. In countries such as the United States, the country’s revenue authority provides generous tax deductions for those who donate their crypto to registered charities. One company, The Giving Block, provides such crypto-fundraising onboarding solutions to more than…
Copyright and intellectual property issues are moving front and center in Web3 as more and more non-fungible tokens (NFTs) and decentralized autonomous organizations (DAOs) spring up around brands, books, movies, and consumer products. In December, Hermes, the creator of the Birkin Handbag, called the MetaBirkin NFT collection an infringement on the manufacturer’s trademark. Last month, Quentin Tarantino said he planned…
