London's latest Web3 launchpad. Sounds fantastic, right? More funding, more mentorship, more... gatekeeping? While the headlines tout the UK's ambition to be a global blockchain hub, backed by names like Animoca Brands and Coinbase, I can't help but wonder: who really gets a seat at this table?The siren song of...
The FTX dumpster fire is still smoldering, and this time the blaze is being fanned towards NFT Star and Delysium. FTX, in its relentless pursuit to claw back assets, is suing these entities for failing to deliver tokens promised under SAFT agreements. Or is this only about recouping losses? Or...
GO WEB3 London is hoping to establish itself as a global center for Web3 innovation with the introduction of a new accelerator program. Together, this initiative aims to equip the next generation of blockchain startups. It will speed up innovation in strategic industries like decentralized finance (DeFi), blockchain gaming, and...
427 registered crypto exchanges in Australia. Let that number sink in. It’s almost twice the amount of suburbs in their competitors Melbourne! Does that sound right to you? Does it feel right? So it sure doesn’t compute for me. Even as someone who has lived, eaten and breathed in the...
Despite the sunny surf beaches and casual lifestyle often associated with Australia, it’s a real hub of activity for crypto exchanges. According to new data, there are an unbelievable 427 registered crypto exchanges in the country Down Under. As the Australian Transaction Reports and Analysis Centre (AUSTRAC) is warning. Their...
AUSTRAC’s strong approach is much needed, to protect and improve the DCE landscape in Australia. They’re encouraging non-operational exchanges to deregister voluntarily, or else be deregistered through cancellations. 427 registered exchanges? Yikes, now that does sound like a fertile environment for nefarious deed. And nobody wants their hard earned money...
The metaverse sold us on a pair of digital sneakers and a world oozing with customized avatars. Nike, through its acquisition of RTFKT, leaped into the NFT pool with both feet. Now? They’re under the shadow of a class-action lawsuit, charged with foisting off unregistered securities on the investing public....
Nike, a sportswear giant, faces a lawsuit over its handling of non-fungible tokens (NFTs) after the abrupt shutdown of its digital token project, RTFKT. The lawsuit raises critical questions about consumer protection in the digital asset space and whether NFTs could be classified as securities. As blockchain regulatory analyst Marcin...
So, Nike’s getting sued over the RTFKT NFT mess, right? One such investor is accusing them of fraud, securities law violations, and extreme virtual sneaker loss of value. Honestly, is anyone really surprised? This isn’t simply the story of one bad NFT project or one disgruntled investor. Corporate overreach in...
As the pioneer of parallel Multi-Party Computation (MPC) networks, Ika has a proven track record. Earlier this week, the Sui Foundation led a strategic investment round in the company. This influx of capital brings Ika's total funding to over $21 million, with the company's private placement valuation peaking at an...
