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....
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...
Ika’s $21 million raise, supported by a who’s-who of Web3 investors, is more than a typical funding announcement. It’s the really big, blinking neon sign that is actually aimed right at every regulator’s desk around the globe. Sui plans to be the cross-chain DeFi leader, and Ika is helping them...
Colle AI (COLLE) is taking the NFT realm by storm. As an AI-driven multichain NFT platform, Colle AI is making waves by expanding its XRP cryptocurrency solutions to streamline cross-chain NFT creation and real-time asset management. AI unlocks a greater speed of transactions and reduction in fees. It’s a better,...
The Fed just blinked. Their retreat from stringent crypto guidance for banks – specifically, rescinding those 2022 and 2023 supervisory letters – might seem like dry regulatory housekeeping. But for a community often overlooked, this shift could be a lifeline: Southeast Asian artists diving into the Web3 space.Forgotten Voices, Finally...
The Federal Reserve (Fed) and the Federal Deposit Insurance Corporation (FDIC) recently announced the withdrawal of previously issued guidance concerning banks' involvement with crypto-assets. The American Bankers Association (ABA) applauded the announcement. It withdraws a 2022 supervisory letter that called on state member banks to inform the Fed prior to...
Colle AI’s decision to use XRP as the main currency of its multichain NFT platform is a confident decision, for sure. Is this truly visionary, or are they just striding boldly into a regulatory buzzsaw? Let’s be frank: XRP has history. It’s not your average, squeaky-clean crypto darling. Even though...
The Federal Reserve has recently gone out on a limb. Its reverberations are rippling across the financial landscape, deeply affecting one of the most dynamic spaces, the burgeoning cryptocurrency industry. The Fed has rescinded its supervisory guidance letter to banks it supervises discouraging their participation in activities related to crypto-assets....
Did the Fed just open Pandora's Box? It certainly feels that way. The recent withdrawal of crypto guidance for banks – the rescinding of those 2022 and 2023 supervisory letters, the backing away from joint statements with the FDIC and OCC – screams one thing: the potential for a regulatory...
Colle AI is making a big splash on the surface. They claim it's all about empowering artists, particularly in emerging markets like Southeast Asia, by offering accessible, AI-driven tools and streamlined workflows. This is why I am personally committed to community activism and ensuring blockchain works for all of us....
