In a recent development that could have significant effects on the crypto industry, the United States Securities and Exchange Commission (SEC) has released a trove of documents, including emails and notes, as part of its ongoing legal dispute with cryptocurrency company Ripple. The SEC sued Ripple in 2020 for raising $1.3 billion through the sale…
On February 1, developer, crypto advocate, and Taproot Wizards founder Udi Wertheimer made history by purposefully orchestrating the largest block and transaction in Bitcoin’s history. In minting the first of many wizards to come, he achieved the absolute maximum BTC block size of 4MB, something that many, up until this point, thought was impossible. Just a…
In March 2023, the SEC charged eight celebrities with violating certain provisions of the Securities Act of 1933 in their promotion of cryptocurrency assets. The charges stem from Section 17(b) of the act, an anti-fraud and anti-touting provision that addresses the failure to disclose payments related to promotional activity. The group of celebrities — which…
The Alpha: Uniswap Labs has released the draft code for Uniswap v4, introducing unique plugins and custom liquidity pools. V4 marks the first time Uniswap Labs has opened up for community feedback before a version’s public launch, illustrating a commitment to a decentralized development model. While no official launch date for v4 has been announced,…
Legacy sportswear brand Adidas Originals has announced a collaborative partnership with renowned Web3 artist Fewocious, according to information shared with nft now. Set to launch on June 22, the pair will release the limited-edition, product-linked Trefoil Flower Mint Pass, offering NFT holders the opportunity to redeem their pass for a complimentary pair of artist-designed Campus…
Andreessen Horowitz (a16z), the venture capital behemoth known for its role in the ascension of Web3 platforms like Dapper Labs, Foundation, and more, has announced plans to establish its first international outpost in London. The strategic move comes amidst an escalating climate of regulatory scrutiny towards crypto exchanges in the United States, highlighted by a…
It seems proceedings may soon become even more complex within the U.S. Securities and Exchange Commission (SEC) crypto crackdown. Because today, June 12, House Republicans have begun pushing for significant restructuring of the regulatory body. Last week, the SEC filed civil lawsuits against Binance and Coinbase, citing investor protection failures and customer fund mismanagement. Amidst…
BOCI, Bank of China’s investment banking division, has broken new ground by issuing 200 million yuan ($28 million) in fully digital structured notes in Hong Kong. This is the first instance of a tokenized security issuance by a Chinese financial institution in the region. UBS originated the product, which was allocated to its clients across…
Over the years, the inhabitants of the metaverse have come to understand Web3 as a place where artists of all creeds and colors can flourish. Although diversity and inclusion are ideals the blockchain industry strives for, underrepresented creators still quite often go unseen, unsupported, and uncelebrated. This problem isn’t only localized to the blockchain, though,…
