Cryptocurrency investors in Europe are not yet protected under European Union cryptocurrency asset market rules and it will take some time for the protections to take effect. Europe’s securities regulator, the European Securities and Markets Authority (ESMA), on Oct. 17 issued a statement about the transition to the European crypto regulations known as Markets in Crypto-Assets Regulation (MiCA). The ESMA…
Month: October 2023
The Sandbox Hires Ex-PlayStation, Apple Exec to Drive Game’s Creator Economy
Voxel-style NFT gaming platform The Sandbox has hired game industry veteran Nicola Sebastiani to be its chief content officer and help develop the crypto-forward company’s creator economy, the firm announced Tuesday. Sebastiani has worked in the gaming industry for years, from a role on Ubisoft’s mobile team to co-founding the Apple Arcade subscription service for the App Store, and ultimately…
Banks’ crypto exposure must be disclosed: BIS’ Basel Committee
The Basel Committee of the Bank of International Settlements (BIS) released a consultation paper on Oct. 17, proposing to make it compulsory for banks to disclose their crypto exposure. The Basel Committee is a global regulatory platform for the regulation of banks and provides a forum for cooperation on banking supervisory matters. The latest consultation paper is based on the…
NFT Creator Royalties Are Broken—Yuga Labs and Magic Eden Join Group Trying to Fix Them
The Open Metaverse Alliance (OMA3), a consortium of dozens of notable blockchain, NFT, and metaverse companies, announced Tuesday that it has established a working group to determine how best to standardize and ensure the survival of creator royalties on NFT marketplaces. The working group will include numerous prominent crypto brands, including Yuga Labs, the company behind dominant NFT collection Bored…
Why brand consistency matters and how Web3 companies are failing to deliver
Michelle Yeoh has stiff competition for her deserved Oscar as the multiverse-hopping Evelyn in one of last year’s hottest movies. Web3 firms are also creating an “everything bagel multiverse,” attempting to be all things to all people, all the time. But, the reality is that we humans have simpler tastes. Humans have developed the intelligence to hold onto many facts…
What Is Wearable Tech: Smart Clothing, Jewelry, and Other Stuff on Your Body
When people think of wearable technology today, they likely picture smart watches, fitness trackers, virtual reality headsets, and similar products. The history of wearable tech is an important part of the longstanding connection between the fashion world and the technology sector and in fact extends back to well before those products existed. Wearable tech is also one of the fastest-evolving…
Use These AI Tools to Get Started on YouTube
Artificial intelligence is rapidly changing how content creators make videos and podcasts. While starting a YouTube channel remains as simple as turning on the front-facing camera on your phone, those looking for an edge are turning to AI for everything from script development to voiceovers, thumbnails, and editing. Here are some of the free and subscription-based AI apps that content…
BTC price holds 6% gains as Bitcoin battles for ‘crucial’ $28K support
Bitcoin (BTC) passing $28,000 hints at bullish sentiment, but reclaiming it for good is essential, analysis says. In an X post on Oct. 17, Yann Allemann and Jan Happel, co-founders of on-chain analytics firm Glassnode, described the $28,000 mark as a “critical milestone” for BTC price. Glassnode: “Keep an eye out” for $28,000 After snap volatility, which caused Bitcoin to…
Ripple job posting hints at possible IPO, XRP community says
The fintech company Ripple released a new job posting on Oct. 16 for the role of ‘Shareholder Communications Senior Manager,’ across multiple locations in and outside the United States. The job posting prompted many crypto enthusiasts to label it as an official hint about the company’s plans to go public. The job posting outlines that the role will require a…
Bitcoin Amsterdam – BTC shines in depths of crypto bear market
Bitcoin’s (BTC) value proposition continues to be a source of confidence for investors and proponents amid prevailing depressed market conditions for the wider cryptocurrency space. This was a key takeaway from in-depth interviews with Bitcoin developers, advocates, analysts and influential figures during the Bitcoin Amsterdam conference hosted at Westergas in Oct. 2023. Jameson Lopp, CEO of Bitcoin custody firm Casa,…