This week, we dive into the world of Blockchain to explore the latest trends and developments. From the newest regulations to cutting-edge projects, get ready to stay up to date.
Technology
NBA Hall-of-Famer Pierce to pay $1.4 million over crypto promotion, SEC says
https://www.reuters.com/technology/former-nba-star-pierce-pay-14-mln-improper-crypto-promotion-sec-2023-02-17/
Japan to launch pilot programme for issuing digital yen
https://www.reuters.com/markets/currencies/boj-launch-pilot-programme-april-issuing-digital-yen-2023-02-17/
Britain sets out legislation to regulate buy-now-pay-later credit
https://www.reuters.com/business/finance/britain-sets-out-legislation-regulate-buy-now-pay-later-credit-2023-02-13/
PayPal tells Australia it supports buy-now-pay-later regulation
https://www.reuters.com/business/finance/paypal-tells-australia-it-supports-buy-now-pay-later-regulation-2023-02-16/
eBay NFT platform KnownOrigin launches creator smart contract
https://cointelegraph.com/news/ebay-nft-platform-knownorigin-launches-creator-smart-contract
Bitcoin surpasses Visa’s market cap to be 11th largest asset in the world
https://finance.yahoo.com/news/bitcoin-surpasses-visa-market-cap-121105760.html
UK Financial Regulator Takes Enforcement Action Against Crypto ATM Operators
https://finance.yahoo.com/news/uk-financial-regulator-takes-enforcement-122018749.html
PUMA Makes a Splash with the Launch of Super PUMA NFTs
https://nftplazas.com/super-puma-nft/
Crypto
Binance’s U.S. partner confirms firm run by CEO Zhao operated on exchange
https://www.reuters.com/technology/binances-us-partner-confirms-firm-run-by-ceo-zhao-operated-exchange-2023-02-17/
Investors pull $2.5 bln in days from Binance’s stablecoin on regulatory scrutiny
https://www.reuters.com/technology/investors-pull-25-bln-days-binances-stablecoin-regulatory-scrutiny-2023-02-17/
Exclusive: Crypto giant Binance moved $400 million from U.S. partner to firm managed by CEO Zhao
https://www.reuters.com/technology/crypto-giant-binance-moved-400-million-us-partner-firm-managed-by-ceo-zhao-2023-02-16/
Charlie Munger downplays risk of Taiwan invasion, says crypto fans are ‘idiots’
https://www.reuters.com/business/finance/charlie-munger-downplays-risk-taiwan-invasion-says-crypto-fans-are-idiots-2023-02-15/
Bitcoin hits six-month high as investors warm to risk
https://www.reuters.com/technology/bitcoin-hits-six-month-high-investors-warm-risk-2023-02-16/
Bitcoin price nears $25,000 as crypto market reaches $1.17tn
https://finance.yahoo.com/news/bitcoin-crypto-price-latest-market-cap-094912920.html
The good news is markets look resilient — but the bad news is just about everything else
https://finance.yahoo.com/news/good-news-markets-look-resilient-110000437.html
Privacy-Focused Gnosis Chain Co-Founder Proposes Plan to Reduce Ethereum Dependency for GNO Token
https://finance.yahoo.com/news/co-founder-privacy-focused-gnosis-080849515.html
El Salvador is opening a ‘bitcoin embassy’ in Texas in a bid to promote more acceptance of crypto
https://finance.yahoo.com/news/el-salvador-opening-bitcoin-embassy-200016019.html
NFT
Cryptoverse: Punk apes and a resurrection of NFTs
https://www.reuters.com/technology/cryptoverse-punk-apes-resurrection-nfts-2023-02-14/
5 ways to monetize your digital art with NFTs
https://cointelegraph.com/news/5-ways-to-monetize-your-digital-art-with-nfts
France’s top museum to display NFTs: Nifty Newsletter, Feb 8–14
https://cointelegraph.com/news/france-s-top-museum-to-display-nfts-nifty-newsletter-feb-8-14
Weekly NFT sales spike after Blur’s Valentines airdrop
https://finance.yahoo.com/news/weekly-nft-sales-spike-blur-091624443.html
Blur Surpassed OpenSea in Daily NFT Trading Volume Wednesday, Nansen Shows
https://finance.yahoo.com/news/blur-surpassed-opensea-daily-nft-194024968.html
Amazon Goes Bold with $20 Million Investment in Superplastic
https://nftplazas.com/amazon-superplastic-million/
Everything You Need to Know About NFT Ticketing
https://nftplazas.com/everything-nft-ticketing/
GQ Magazine Steps In with a Utility Driven NFT Art Project
https://nftplazas.com/gq-magazine-nft/
NFTGo Publishes Insightful 2023 NFT Market Annual Report
https://nftplazas.com/nftgo-annual-report/
Cyber Crimes
Norway seizes record $5.8 million of crypto stolen by North Korea
https://www.reuters.com/technology/norway-seizes-record-58-million-crypto-stolen-by-north-korea-2023-02-16/
Yuga Labs accused of IP theft for trademarking BAYC wolf skull logo
https://cointelegraph.com/news/yuga-labs-accused-of-ip-theft-for-trademarking-bayc-wolf-skull-logo
Hacking Crypto Wallets Is Latest Strategy in Quest to Recover Lost Billions
https://finance.yahoo.com/news/hacking-crypto-wallets-latest-strategy-201025712.html
EU Cybersecurity Agency Warns Against Chinese
https://www.infosecurity-magazine.com/news/eu-warns-chinese-apts/
Armenia and Azerbaijan Hackers Use OxtaRAT to Monitor Conflict
https://www.infosecurity-magazine.com/news/armenia-azerbaijan-hackers-deploy/
Google Report Reveals Russia’s Elaborate Cyber Strategy in Ukraine
https://www.infosecurity-magazine.com/news/google-report-russia-elaborate/
Metaverse
This metaverse is reshaping GameFi and Web3 gaming
https://cointelegraph.com/news/this-metaverse-is-reshaping-gamefi-and-web3-gaming
Upland and Decentraland Bring the Brazilian Carnival to the Metaverse
https://nftplazas.com/upland-decentraland-carnival/
Tom Sachs: Rocket Factory and the Monaverse Go Galactic
https://nftplazas.com/tom-sachs-monaverse/
Tencent scraps plans for VR hardware as metaverse bet falters
https://economictimes.indiatimes.com/tech/technology/tencent-scraps-plans-for-vr-hardware-as-metaverse-bet-falters/articleshow/98003923.cms
Web3 News
Headlines of the Week:
- Bitcoin surges 8.3% above $24,000 (Reuters)
- Crypto startup MoonPay hires legal chief from Blockchain.com (Reuters)
- YouTube appoints Web3-friendly exec as new CEO (CoinTelegraph)
- Sequoia, Dragonfly Back Web3 Startup Caldera in $9M Rounds
(YahooFinance) - Hong Kong’s Proposed Crypto Rules Seek Investor, Deposit Protection
(WSJ) - Bitcoin’s Future Depends on a Handful of Mysterious Coders (WSJ)
- Crypto Investors Brace for More Crackdowns From Regulators (WSJ)
This Week in the Market: (CoinMarketcap)
- The global crypto market cap is $1.13T, a 0.61% Increase over the last Day
- Bitcoin is at $24,882.57 and is Up 15.18% over the last 7 days
- Ethereum is at $1,708.49 and is Up 15.29% over the last 7 days
- BNB is at $317.81 and is Up 9.54% over the last 7 days
Key Dates/Events
- 27 February – 28 February – Blockchain Economy London Summit
- 8 March – 9 March – Crypto Expo
- 27 March – 29 March – FinTech India Expo
Accounts to Follow
This week we have metav3rse, Metaverse provides comprehensive coverage of the world of cryptocurrencies, catering to both seasoned investors and those just starting out. Content ranges from original reporting and commentary to interviews, podcasts, events, and more.
