A Web3 startup has also created a subscription model that uses nonfungible tokens to offer lifetime Netflix and Spotify memberships. In this week’s newsletter, read about Playboy’s upcoming virtual mansion in The Sandbox (SAND). Check out how a startup is offering lifetime Netflix and Spotify access through nonfungible tokens (NFTs) and how NFTs can bridge gaming…
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Video game developer Mark Venturelli launched a surprise attack on NFTs at a Brazilian gaming event, and Limewire is trending again following its NFT marketplace launch. GameStop’s new NFT marketplace took home roughly $44,500 from transaction fees in the first 24 hours after it launched via a public beta on Monday. GameStop NFT reportedly generated…
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The public has until Sept. 12 to submit evidence, which the committee may use in its report to Parliament on the risks and opportunities related to crypto and DLT. The Treasury Committee of the United Kingdom’s House of Commons has called on the public to submit evidence related to the role of crypto’s risks and…
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An unnamed source told CNBC that the company plans to file the bankruptcy paperwork “imminently.” Crypto lending platform Celsius has reportedly filed for Chapter 11 bankruptcy, with its lawyers starting to notify individual U.S. state regulators as of Wednesday, July 13. The news was reported by CNBC and referred to an unnamed source, who asked…
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According to the latest crypto prediction report published by the product comparison platform finder.com, 77% of 53 fintech specialists polled in the report say cryptocurrency markets are officially in a “crypto winter.” The poll further explains that only 29% of the report’s participants believe the bear market will end in 2022. While bitcoin is expected…
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Swiss post office’s banking unit, the state-owned Postfinance, is reportedly preparing to enter the crypto market. “Our clients want direct access to this market through their house bank.” Swiss Post Office’s Banking Arm to Enter Crypto Market The banking and financial services arm of Swiss Post, the state-owned enterprise responsible for Switzerland’s postal and other…
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European Securities and Markets Authority (ESMA) Chair Verena Ross says that the crypto market crash should be a “cautionary lesson” for investors. She noted that there is a “real question” about whether many crypto assets will survive. ESMA Chair on Crypto Risks and Regulation Verena Ross, chair of the European Securities and Markets Authority (ESMA),…
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PRESS RELEASE. Adshares (ADS) is putting another stake in Metaverse’s advertising territory through a partnership with Sandbox (SAND). The long-awaited partnership by the Adshares community has finally come to a head. The official partnership will bring the two projects closer, in order to jointly devise a clear and transparent path for the development of Adshares…
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Michael Barr was on the advisory board of Ripple Labs from 2015 to 2017 and has called on lawmakers to create a regulatory framework on stablecoins to prevent the risk of runs. The United States Senate has confirmed the nomination of law professor Michael Barr to become the next vice chair for supervision for the…
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Civil Procedure Rules in the U.K. have previously allowed for lawsuits to be served using Instagram, Facebook and a contact form on a website. According to a Tuesday notice from U.K. law firm Giambrone & Partners, a case brought by Fabrizio D’Aloia against Binance Holdings, Poloniex, gate.io, OKX, and Bitkub over allegations someone was operating…
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