Tag: leadership change

DeGods Founder Frank DeGods Steps Down Amidst Sales Surge

DeGods Founder Frank DeGods Steps Down Amidst Sales Surge

• NFT Drops

Frank DeGods, the founder of the famous Solana-based NFT collection DeGods, has just dropped a huge bomb. After three short yet impactful years, he is now leaving his post as CEO. Under these circumstances, the leadership change couldn’t come at a better moment. Soaring sales on both the DeGods NFTs’...

Kentucky Court Halts 18-State Lawsuit Against SEC Amid Leadership Change

Kentucky Court Halts 18-State Lawsuit Against SEC Amid Leadership Change

• Regulation

Additionally, a Kentucky federal judge has issued a 60-day stay in the lawsuit. This lawsuit, led by 18 state AGs and the DeFi Education Fund against the SEC. In early November 2023, a new legal challenge appeared on the scene. This lawsuit argues that the SEC has overstepped its boundaries...

Further Reading

Japan's "New Capitalism 2025" Plan Signals Regulatory Embrace of Bitcoin and Web3

Japan is strategically positioning itself as a global leader in digital innovation with its updated "New Capitalism 2025" plan, released on April 13. Taken together, this plan represents a major regulatory turning point event toward welcoming Bitcoin and Web3 technologies. The initiative aims to leverage digital assets to solve social...

Senate Republicans Forge Ahead on Crypto Market Structure Framework

Republican senators working on a new framework for digital assets legislation, riding the positive bipartisan wave in the Senate as of late. This announcement follows the Senate’s passage of a bill to regulate stablecoins last week. It was passing with overwhelming bipartisan support.Senators Tim Scott, Cynthia Lummis, Thom Tillis, and...

Civitas Adopts Immutable Passport for Gas-Free Gameplay

Welcome to Civitas, an exciting new digital universe where players create and lead their own city-states. To make that experience all the more seamless, they’ve recently added Immutable Passport. This transition allows players to shape their civilization's future using augmented reality (AR), on-chain tools, and subDAOs without incurring gas costs....

Pompliano's ProCap Launches Bitcoin-Focused Financial Firm After $750M Raise

Anthony Pompliano is now in charge at ProCap Financial. This new entity will offer exclusive bitcoin-native financial services tailored to the needs of sophisticated investors. This venture was made possible through a SPAC merger between Pompliano's ProCap BTC and Columbus Circle Capital (NASDAQ: CCCM).ProCap Financial’s first fundraising round was met...

MiCA Fuels Crypto Migration as US Regulatory Uncertainty Persists

The European Union’s Markets in Crypto-Assets (MiCA) regulation is quickly altering the global cryptocurrency playing field. With its promise of clarity and a unified regulatory framework, MiCA is attracting major crypto platforms and investors, while the United States grapples with regulatory ambiguity. This change is causing a huge exodus of...

NFT Market Sees Shift as Solana and Bitcoin Gain Ground

The non-fungible token (NFT) market is experiencing a transformative evolution. Ethereum’s NFT dominance is under siege as Solana and Bitcoin-based NFTs are taking the spotlight. Though Ethereum-based NFTs still dominate the market, they suffered an 8.26% drop in sales. NFT sales on Solana soared by 6.39%, totaling an impressive $19.4...

U.S. Attorney Aims to Recover Millions Lost in Crypto ‘Confidence Scams’

The U.S. Attorney’s Office recently filed a civil action targeting cryptocurrency investment fraud, seeking to recover funds lost by dozens of victims across the country. U.S. Attorney Jeanine Ferris Pirro joined other officials in announcing the dramatic action. This action comes in response to more than $225.3 million connected to...

Europe's MiCA Regulation Surges Ahead, Outpacing US in Crypto Race

The European Union’s Markets in Crypto-Assets (MiCA) regulation is officially changing the crypto game at lightning speed. This groundbreaking initiative is putting Europe at the forefront of the global crypto race. Effective as of January 1, 2025, MiCA has introduced a single licensing regime across all EU member states. This...