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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
Offbeat · CohassetA former employee of a Massachusetts town is facing charges of allegedly setting up a secret cryptocurrency mining operation in a remote crawl space at a school, police said.
Police: Crypto mining operation found in school crawl space
46% Left coverage: 37 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
Business · New YorkBinance CEO Changpeng Zhao says the company has pulled back on some potential investments in the United States. The move follows a Bloomberg News report that said the leading crypto exchange was considering ending relationships with US business partners. Binance is also reassessing US venture capital investments and will consider delisting tokens from any US-based projects, the report said.
Binance pulls back on potential U.S. investments -CEO
60% Center coverage: 5 sources
Business · New YorkGlobal cryptocurrency exchange Binance had secret access to a bank account belonging to its purportedly independent U.S. partner and transferred large sums of money from the account to a trading firm managed by Binance CEO Changpeng Zhao, banking records and company messages show.
Crypto giant Binance moved $400 million from U.S. partner to firm managed by CEO Zhao
55% Center coverage: 11 sources
Business · WashingtonThe U.S. Securities and Exchange Commission has charged crypto developer Do Kwon and his company Terraform Labs with defrauding investors in what the regulator deemed a multibillion-dollar scheme, according to a filing in federal court in the Southern District of New York.
SEC charges Terra and Kwon with defrauding investors
50% Center coverage: 16 sources
Business · New YorkA Manhattan federal jury on Wednesday concluded that an artist's non-fungible token versions of Hermes' (HRMS.PA) famous Birkin bags violated the French fashion house's trademark rights.
Hermes wins U.S. trademark trial over 'MetaBirkin' NFTs
58% Left coverage: 12 sources
Europe · AnkaraUp to 23 million people could be affected by the massive earthquake that has killed thousands in Türkiye and Syria, the WHO warned on Tuesday (Feb 7), promising long-term assistance.
Around 23 Million May Be Affected By Earthquake In Turkey, Syria: WHO
40% Center coverage: 89 sources