Cointelegraph By Tom Mitchelhill
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OpenSea updates banned countries list sparking decentralization debate
Cointelegraph By Tom Mitchelhill - 0
U.S.-based NFT marketplace OpenSea has reportedly begun barring Iranian users from its platform, sparking outrage from NFT collectors and raising fresh debate about decentralization in the crypto space. On Thursday morning, Iranian OpenSea users started posting on Twitter that their accounts were being deactivated or deleted with no prior...
Bob Dylan goes meta as Sony and Universal partner with Snowcrash NFT platform
Cointelegraph By Tom Mitchelhill - 0
Solana-based NFT marketplace Snowcrash has announced that Sony Music and Universal Music Group — the two largest music labels in the world — have officially partnered with the upcoming platform. The two music labels will release Bob Dylan and Miles Davis NFT collections later this year, ahead of...
Tencent files for patent related to virtual concerts in Metaverse
Cointelegraph By Tom Mitchelhill - 0
Chinese tech conglomerate Tencent has filed for a virtual concerts patent with the Chinese National Intellectual Property Administration (CNIPA) according to business data-tracker Qichacha. The application comes as Chinese companies race to secure Metaverse trademarks.Even though the People’s Bank of China (PBoC) took a strong stance against the...
SEC investigating NFT market over potential securities violations: Reports
Cointelegraph By Tom Mitchelhill - 0
The U.S. Securities and Exchange Commission (SEC), led by crypto-skeptical Chairman Gary Gensler, is reportedly investigating NFT creators and marketplaces for securities violations, according to a report from Bloomberg. Anonymous sources in the report claim that the SEC is investigating whether: “certain nonfungible tokens… are being utilized to raise...
Snow Crash’s Metaverse was filled with ads in 1992, and the real one will be too
Cointelegraph By Tom Mitchelhill - 0
Neal Stevenson’s Snow Crash, a techno-dystopian science-fiction novel that has become a legend among Silicon Valley tech bros, predicted the rise of a future Metaverse all the way back in 1992. Despite Stephenson saying that he was “just making sh*t up”, the eerily accurate predictions and worldbuilding of Snow...
Seller ‘rugs’ $30M CryptoPunks collection minutes before Sotheby’s auction
Cointelegraph By Tom Mitchelhill - 0
NFT enthusiasts and fine art collectors have been left confused, after an auction for a collection of 104 CryptoPunks estimated to be worth around $30 million was canceled at the last-minute.The event, hosted by famous fine-goods auctioneer Sotheby’s, was on track to be one of the largest NFT...
BNY Mellon partners with Chainalysis to track users’ crypto transactions
Cointelegraph By Tom Mitchelhill - 0
The Bank of New York (BNY) Mellon has announced a partnership with blockchain-data platform Chainalysis to help track and analyze cryptocurrency products. BNY Mellon is the world’s largest custodian bank, currently overseeing $46.7 trillion in assets. Chainalysis is a blockchain-data analysis platform that offers services to traditional financial...
Crypto is like ‘venereal disease’ and should be banned: Charlie Munger
Cointelegraph By Tom Mitchelhill - 0
Charlie Munger, the ancient vice chairman of Berkshire Hathaway and Warren Buffet’s right hand man, has no issue with providing his honest thoughts on cryptocurrency: He hates it. Speaking at a shareholder’s Q&A session at the annual meeting for LA-based newspaper company, Daily Journal Corp, the 98-year-old investing icon...
Cybercriminals are using bots purchased on Telegram to trick users into giving them access to their cryptocurrency accounts. According to a report from cybersecurity firm Intel471, One Time Password (OTP) bots are “remarkably easy to use” and are relatively inexpensive to operate relative to the amount that can be...
Aussie trading platform SelfWealth to offer crypto trading to its 325K users
Cointelegraph By Tom Mitchelhill - 0
Publicly-listed company SelfWealth (ASX: SWF) has reportedly become the first Australian online share trading platform to offer cryptocurrency investing after announcing a deal with the local crypto exchange BTC Markets. In an interview with Cointelegraph, BTC Markets CEO Caroline Bowler stated that investors will be able to trade five...