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NFTThere are greater than 288,000 Ordinal inscriptions hosted on the Bitcoin blockchain. Galaxy Digital's analysis crew claims the market dimension of non-fungible tokens (NFTs) constructed on Bitcoin may attain $4.5 billion over the subsequent two years. The researchers at Galaxy suppose that new use instances stemming from the inscription development will drive growing interest and adoption for bitcoin.
Galaxy Digital Report Predicts Bitcoin NFT Market Could Reach $4.5 Billion by 2025 – Bitcoin News
EnvironmentVisa and Mastercard has delayed the launch of new partnerships with crypto firms due to a series of high-profile bankruptcies in the industry. The delays are reportedly not attributable to their core business, but to an uncertain regulatory environment for crypto. The move follows a period of warming relations between payment giants and crypto firms as the popularity of cryptocurrencies exploded.
Breaking: Visa and Mastercard halt new crypto partnerships
Coverage: 2 sources
Tyson Fury · TorontoDrake lost a whopping $400,000 after placing a bet on Jake Paul to win his boxing match Sunday against Tommy Fury, the reality TV star and younger brother of two-time heavyweight champion Tyson Fury.
Drake Loses $400K Bitcoin On Jake Paul Vs Tommy Fury Bet
43% Left coverage: 14 sources
SanctionsMajor crypto exchanges have failed to prevent sanctioned Russian banks and traders from transacting, according to a report by Inca Digital. At least two established coin trading platforms continue to allow Russians to use their bank cards in peer-to-peer deals, the analysis shows. The study also highlights an increased Russian interest in tether.
Crypto exchanges are allowing sanctioned Russian banks to transact: Report
Coverage: 2 sources
Business · WashingtonGroup of 20 (G20) nations have some disagreements over restructuring debt for distressed economies, the chief of the International Monetary Fund (IMF) said on Saturday, adding that banning private cryptocurrencies should be an option.
Banning cryptocurrencies should be an option for financial stability, IMF says
54% Right coverage: 13 sources
Sam Bankman-Fried · New YorkNew charges were unsealed against Sam Bankman-Fried, accused of fraud in last year’s implosion of the FTX cryptocurrency exchange.
Bankman-Fried Charged With 4 New Counts in FTX Criminal Case
63% Center coverage: 87 sources
Grand Jury · PortlandA federal grand jury on Wednesday charged the founders of Forsage with running a sophisticated multi-hundred-million-dollar international Ponzi scheme under the guise of a decentralized cryptocurrency investment platform
Russian founders of Forsage charged with running Ponzi scheme
100% Center coverage: 5 sources
BusinessDapper Labs will have to defend itself against a lawsuit claiming its Top Shot NFTs are securities. A judge declined to dismiss the case on Wednesday. The lawsuit alleges that Top Shot Moments, an NFT collection that features short clips of NBA highlights, are securities that should have been registered with the SEC.
US judge permits lawsuit claiming NBA Top Shot NFTs are securities
60% Center coverage: 5 sources
