Blockchain Association: SEC Chair Gensler Legally in the Wrong

The Blockchain Association, a prominent crypto advocacy group, has published a paper expressing its concerns over the role of Securities and Exchange Commission (SEC) Chair Gary Gensler and the legitimacy of his statements and enforcement actions on the crypto industry. The group argues that Gensler’s involvement in digital asset matters should be reconsidered, citing a…

Exclusive: ‘For The Culture’ Solidifies the Rise of NFTs in Paris

When it comes to the many classical established locales of the traditional art industry, Paris, France, has long been the undisputed epicenter. Home to a variety of the most influential creators to ever have lived, the “City of Light” is the place to go when you’re seeking the center stage of the art world. So…

From Liquidation to “Celebration:” Inside Sotheby’s $17M Grails Sales

For one night earlier this month, the bear market felt a world away. On June 15, digital art enthusiasts packed the Sotheby’s New York showroom for its highly-anticipated Grails Part II live auction, featuring a notable trove of generative art NFTs headlined by Dmitri Cherniak’s Ringers #879 — affectionately nicknamed “The Goose.“ The collection being put…

Ethereum Co-Founder: ETH’s Commodity Status Is ‘a Foregone Conclusion’

In the midst of the ongoing legal skirmishes between the U.S. Securities and Exchange Commission (SEC) and the cryptocurrency industry, Joseph Lubin, co-founder of Ethereum, remains unbothered. Lubin, who also serves as the CEO of ConsenSys, the blockchain-based financial infrastructure company, expressed his views on the regulatory status of Ether (ETH), the native cryptocurrency of…

Yuga Labs’ ‘HV-MTL Forge’ Has Opened: Here’s What You Need to Know

On June 20, Yuga Labs made major waves by announcing something called the “HV-MTL Forge” to begin on June 29. After sharing only a few major details about the event on social media, the Bored Ape Yacht Club progenitors have now unveiled the full extent of the significant metaverse gaming expansion. Here’s what you need…

Coinbase Challenges the SEC: Seeks Case Dismissal, Defending Its Practices

Coinbase has sent waves throughout Web3 by taking a stand against the recent lawsuit filed by the U.S. Securities and Exchange Commission (SEC). In a response submitted on June 28, the exchange giant contends that the case lacks a solid legal foundation and should be dismissed. The action comes amidst ongoing tension between the digital…

Exclusive: Fxhash 2.0 Debuts Ethereum Integration and On-Chain Minting

Over the past few years, fxhash has solidified itself as a premiere, community-focused, and accessible platform for generative art. A longtime major facet of the Tezos NFT ecosystem, the platform is now seeking to double down on its mission to enhance and untether the creative potential of artists in the generative NFT space with an…