How to Explain Bitcoin Ordinals to Your Grandmother

What are Bitcoin Ordinals? If you’ve asked yourself this question in the past six months, you’re not alone. The rapid rise of the Bitcoin Ordinals ecosystem has enthralled developers, divided the Bitcoin community, and reintroduced the original blockchain to a new generation of users. In May, Bitcoin became the second-largest blockchain for NFTs with sales…

ChatGPT Creator Faces First Major Regulatory Threat With FTC Investigation

With artificial intelligence (AI) flying high for Web3 and the wider the world to see and embrace, it shouldn’t be a surprise that the Federal Trade Commission (FTC) has turned its attention to OpenAI, the maker of ChatGPT, in a new investigation, according to an initial report by The Washington Post.  The agency sent the…

XRP Ruled ‘Not a Security’ in Partial Win for Ripple Labs

In a ruling that could help shape the future of cryptocurrency regulation in the United States, U.S. federal judge Analisa Torres has delivered a mixed verdict in the case between the Securities and Exchange Commission (SEC) and San Francisco-based blockchain firm Ripple Labs. The lawsuit, which has been closely watched by the crypto industry, centered…

Next Up: Xer0x on Visual Music, Spirituality, and Creating at Night

In art, as in everything else, it’s arguably not what you do that matters but how you do it. This basic philosophy underpins much of the contemporary and post-modern art movements, in which the artistic process, narrative, and messaging often take precedence over a work’s medium or particular aesthetic. It’s little surprise that plenty of…

Former Celsius CEO Arrested, Sued by SEC for Securities Fraud 

In the latest in a string of legal actions relating to the crypto industry in recent weeks, Alex Mashinsky, the co-founder and former CEO of the now-bankrupt cryptocurrency lending platform Celsius, was taken into custody on Thursday, Bloomberg reported. The development follows an extensive investigation into the company’s abrupt downfall, according to a source familiar…

Google Play Store Opens Its Doors to NFTs in a Major Policy Shift

Google has announced an update to its Play Store policies, now allowing apps and games that incorporate NFTs onto its platform. This move marks a continued shift in the company’s attitude towards blockchain-based technology. Under the new rules, games that use tokenized assets will need to clearly state their use of blockchain elements. In an…