The United States Securities and Exchange Commission (SEC) charged the creators of the project Stoner Cats with selling unregistered securities around the launch of NFTs in 2021. Stoner Cats 2 LLC, the company behind the NFT-based cartoon project, agreed to a cease-and-desist order and will pay a $1 million civil penalty without admitting fault. The company will also destroy any…
MetaMask is a leading crypto wallet, and relies on browser integration and good design to serve as one of the main gateways to the world of Web3, decentralized finance (DeFi) and NFTs. Here’s how it works, and how to get started with it. What Is MetaMask? MetaMask is a browser extension and mobile app that […] Source: https://decrypt.co/156246/how-to-use-metamask
Cryptocurrency exchange Huobi is celebrating its 10th anniversary with a controversial marketing move — the firm is rebranding from “Huobi” to “HTX,” echoing the name of the bankrupt exchange FTX. Huobi officially announced its rebranding on Sept. 13, renaming the company to the new global brand, HTX. The new naming stands for the first letters of Huobi, Justin Sun’s blockchain project…
Ask 10 different people to define a decentralized autonomous organization (DAO), and you’ll likely get 10 different definitions. But there is at least one thing most agree on: DAO governance is a mess. At best, it’s an experiment in the works. According to DeepDAO, DAOs today handle a whopping $17.2 billion in value. Yet many DAOs managing millions of dollars…
The BNB Chain blockchain ecosystem is set to tap into Optimism’s rollup technology powering its newly launched opBNB layer 2 scaling platform. BNB Chain announced the public mainnet launch of its Ethereum Virtual Machine (EVM) compatible L2, which delivers lower gas fees and faster transactions to decentralized applications running within the ecosystem. The opBNB platform reportedly handled over 35 million…
The blockchain has seen many narratives over the years. Some of these have turned into actual use cases and continued with strength. But there is a new kid on the block, and they go by the name of real world assets (RWAs). What are RWAs? In simple terms, RWAs are tangible assets from the physical world that interact with the…
Digital Currency Group (DCG) has proposed a new agreement plan for the creditors of the now-bankrupt Genesis Global that would also see Gemini Earn users recover nearly all of their claims. In a new filing on Sept. 13, DCG outlined a plan that estimates “unsecured creditors a 70–90% recovery with a meaningful portion of the recovery in digital currencies.” Additionally,…
Cryptocurrency prices traded sideways on Wednesday after a widely watched inflation gauge showed inflation grew hotter in the U.S. last month. The Consumer Price Index (CPI) rose 3.7% in the 12 months through August, the Bureau of Labor Statistics (BLS) said on Wednesday, coming in slightly above economists’ expectations of 3.6%. The index rose 0.6% in August on a month-to-month…
Bitcoin (BTC) saw snap volatility on Sep. 13 as United States macroeconomic data showed inflation beating expectations. BTC/USD 1-hour chart. Source: TradingView Fuel, shelter boost August CPI beyond target Data from Cointelegraph Markets Pro and TradingView followed BTC price action as it threatened a fresh loss of the $26,000 mark. The Consumer Price Index (CPI) print for August came in at…
We’re thrilled to announce that Kraken now supports Genshiro (GENS), Picasso (PICA) and OriginTrail (OTP)! Funding Funding is live. You can add GENS, PICA or OTP to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Please note, trading for these tokens will not be supported. GENS, PICA and OTP are available for funding on Kraken…
