Tag: blockchain

3 Ways SEC Crypto Regulation Can Unleash Southeast Asia's Web3 Artists

3 Ways SEC Crypto Regulation Can Unleash Southeast Asia's Web3 Artists

• Commentary

Let's be honest, when you hear "SEC crypto regulation," your first thought probably isn't Southeast Asian artists thriving. Or, as is more likely, it’s a tidal wave of compliance headaches and innovation quashed. Or, what if I told you that just a well-defined regulatory regime from the SEC might free...

Nike's NFT Fail: A Betrayal of the Creator Economy?

Nike's NFT Fail: A Betrayal of the Creator Economy?

• Commentary

The promise of Web3 was simple: democratize creation, empower artists, and cut out the middleman. With its acquisition of RTFKT back in 2021, Nike certainly appeared to be purchasing that vision. Now, with RTFKT's closure and the subsequent lawsuit alleging a "rug pull," the question isn't just about money –...

Nike's NFT Lawsuit: A Wake-Up Call for Web3 Regulation?

Nike's NFT Lawsuit: A Wake-Up Call for Web3 Regulation?

• Commentary

Nike’s being sued for suddenly shutting down RTFKT? Alright, on the surface, this is nothing new—another company trying to navigate the often-volatile space of NFTs. Dig a little deeper, and you’ll find an invitation revealed under a flashing neon sign. This signal underscores the real Wild West nature of Web3...

NFT Sales Down, CryptoPunks Up 106%: What's Going On?

NFT Sales Down, CryptoPunks Up 106%: What's Going On?

• Facts

For many, the NFT market, once seen as an indomitable force of explosive growth and boundless potential, is now a shadow of that reality. As of this writing, recent figures indicate a precipitous drop in the total NFT sales volume. Conversely, the CryptoPunks collection is witnessing a stunning revival. This...

NFT Market Cools to $89.4 Million as CryptoPunks Buck the Trend

NFT Market Cools to $89.4 Million as CryptoPunks Buck the Trend

• NFT Drops

NFT sales have plummeted to one-sixth of the all-time peak at $89.4 million. Even in this recently cooled climate, CryptoPunks have proven themselves to hold a strong position. In fact, sales were up 106% on the year! This divergence is representative of the varied and complicated narrative developing in the...

Nike Faces Lawsuit Over Crypto Venture Closure

Nike Faces Lawsuit Over Crypto Venture Closure

• NFT Drops

Nike Inc. is now caught in the crossfire. This legal duel—case no. 25-02305—follows the company’s recent announcement that it will shutter its crypto operations. The lawsuit, filed on Friday, argues that the shutdown stranded purchasers of these digital assets with digital wares of greatly reduced value. Jagdeep Cheema is an...

NFT Sales Plunge, Punks Pump: Is This Web3's Canary in the Coal Mine?

NFT Sales Plunge, Punks Pump: Is This Web3's Canary in the Coal Mine?

• Commentary

Something feels off. Bitcoin is touching incredible new highs, and the entire crypto ecosystem is flourishing in this bullish environment. As NFT market songs, the chorus sounds quite different. Though overall sales are dropping, CryptoPunks – the pixelated godfathers of profile picture NFTs – appear to be moonwalking. Is this...

CryptoPunks Surge: A Glimmer of Hope for Emerging Artists?

CryptoPunks Surge: A Glimmer of Hope for Emerging Artists?

• Commentary

Those same Nintendo 64-style avatars, once considered the embarrassing vestige of a faded Web3 trend, are back in the news. Sales are up 106%. At a time where NFT volume across the entire market is down, this seems like… counter intuitive. Is this return truly an indication that the future...

India's Crypto Paradox: Innovation Killer or Digital Leader?

India's Crypto Paradox: Innovation Killer or Digital Leader?

• Commentary

We're at a crossroads. India, a nation rightfully proud of its Digital India initiative and the transformative power of UPI, now stares down a very different kind of digital revolution: cryptocurrency and Web3. However, rather than welcoming this moment with jubilation, the vibe is… trepidatious. Is this caution warranted, or...

India's Digital Leap and Crypto's Role: A Balancing Act

India's Digital Leap and Crypto's Role: A Balancing Act

• Web3 Projects

The Indian government’s ambitious Digital India initiative, launched in 2015, has not produced desired results. Its vision is to make the country digitally empowered in all the aspects of the economy. Nevertheless, India still has more than 15 million cryptocurrency holders—second only to the United States. Furthermore, the country’s dynamic...

ProCap's Billion-Dollar Bitcoin Bet: Genius Move or Regulatory Minefield?

ProCap’s billion-dollar Bitcoin play, made possible by taking the company public through a SPAC merger with Columbus Circle Capital, is nothing if not audacious. It's a statement. A great big middle finger, I suppose, to the established financial universe. Anthony Pompaliano, Bitcoin bull and crypto entrepreneur. He is taking a...

5 Ways MiCA Fuels Europe's Crypto Art Boom While US Stalls

Let’s face it, the crypto art world is booming. It’s a great sign that digital artists are getting their long-overdue recognition. They are establishing tangible careers, reaching audiences across the world in ways we could have never fathomed just years ago. Here's the thing: that explosion is happening much faster...

Crypto Confidence Scams: $225M Seized! Are You at Risk?

The crypto space is teeming with both innovation and opportunity. It obscures terrible risks, chief among them being confidence scams. Just last week, the U.S. government seized another $225 million in cryptocurrency. This is the largest-ever seizure of funds stolen through so-called “pig butchering” scams. In this article, we’ll look...

Trump's Crypto Promises Ring Hollow As MiCA Steals The Show

Donald Trump speeding into the crypto lane now has all the makings of a not-so-subtle, last ditch effort to grab votes. He's saying all the right things, promising a crypto-friendly environment, but forgive me if I don't exactly rush out to buy a "Trump Coin" just yet. Words are cheap....

Coinbase Goes EU-Wide: MiCA License Secured in Luxembourg!

Coinbase has received an official Markets in Crypto-Assets (MiCA) license from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF). This pivotal move allows the cryptocurrency exchange to extend its services across all 27 member states of the European Union, potentially reaching a market of 450 million people. This license puts...

Europe's Crypto Crown: MiCA Fuels Boom as US Regulation Stalls

The global landscape of cryptocurrency regulation is rapidly evolving, with Europe emerging as a frontrunner thanks to its comprehensive Markets in Crypto-Assets (MiCA) framework. While the U.S. grapples with regulatory uncertainty, MiCA offers crypto businesses and investors a clear, unified pathway forward, potentially sparking a boom in the European crypto...