Tighter Crypto Laws and Banned Anon Accounts Coming to Lithuania
The country decided to take action in advance of the EU regulations that could ban noncustodial wallets.
Binance The Popular Crypto Exchange Set’s it’s Eyes on The Philippines Licences
The Banko Sentral ng Pilipinas is looking for virtual assets service provider licenses and e-money issuesr licenses for the exchange platform.
A 29% Increase in Power Costs are Heading in Bitcoin Miners Direction
It wasn’t enough to charge Bitcoin miners at the highest rate. Chelan County now has a 29% higher crypto rate.
Execs From Venmo, Robinhood and More Raise $8M for NFT Floor Project
Christine Brown, former Robinhood Crypto COO, is one of the co-founders Floor, a new NFT portfolio application with its own member NFTs.
Regulators From Hong Kong Again Repeat The Risks Involved with Investing in NFTs
Investors in Hong Kong have been warned by the securities regulator to be cautious about non-fungible tokens. Investors should only consider investing in NFTs if they are fully aware of the risks.
Researches of DOE Propose an Electronic Peg as a Solution to Stablecoins
A new peer-reviewed design for an asset-backed stablecoin is being proposed by materials scientists at Lawrence Livermore National Laboratory. Protocols are proposed that allow for decentralized conversion of data and electricity, with kilowatt hours as the backing asset for a stabilizecoin.
Celebrity Concierge Service Built By MoonPay Coming Soon
MoonPay announced that two new employees had joined its NFT concierge team. They include Meta’s former North American creator partnerships lead. This move reflects a greater emphasis on the celebrity service which was launched in beta last January.
The NFT and P2E Gaming Market is Showing Signs of Independence From The Crypto Meltdown
According to the new report, the NFT market may be able to decouple with financial markets just as art has been separated from the S&P 500.
The Person Who Hacked BAYC’s Discord Server May Have Been Involved in Other Scams
The Bored Ape Yacht Club’s (BAYC), Discord server was compromised on June 4, 2022. A phishing scheme targeted collectors of non-fungible tokens (NFTs) holding BAYC and Mutant Ape Yacht Clubs (MAYC), as well as other NFTs. An analysis by Certik and Blockchain Auditing and Security firm Certik revealed that the attacker of the BAYC Discord Server may have been involved with previous phishing attacks.
Coins.ph a Crypto Wallet Service Partners With Philippine Basketball Association
Coins.ph, a Philippines-based crypto wallet service provider, announced a partnership with the Philippine Basketball Association. This is the first time that the PBA has partnered with a crypto wallet service provider in the Philippines. The Coins.ph brand and logo will be displayed at the Philippine Cup’s premier tournament.
