Cointelegraph By Prashant Jha
Popular sneaker maker Nike has started the “licensed NFT” wars by taking an online reseller called StockX to court for trademark infringement or sale of unlicensed nonfungible token (NFT) sneakers.According to a Reuters report, Nike has filed a lawsuit against the reseller in a New York Federal court,...
Investor-focused social media platform Stocktwits, which gained popularity during last year’s ‘retail short squeeze’ frenzy involving GameStop and AMCTheaters, rolled out its own crypto trading services on Thursday.Stocktwits has partnered with FTX.US to carry out its crypto trading services and is set to launch US equity trading next...
2021 was not just the year of institutionalization of crypto and new all-time highs; it also turned out to be the biggest year for crypto philanthropy.According to research data from The Giving platform, crypto donation volume rose to $69.6 million in 2021 compared to $4.2 million in 2020. Crypto...
Major crypto exchanges originating from Asia as well as from the West have shown an increasing interest in the Asia-Pacific region. Coinbase launched in Japan last year, joining the selected group of exchanges to offer crypto trading services to native customers. Binance, the world’s leading crypto exchange by trading...
The head of the Central Board of Direct Taxes (CBDT) in India said the recent announcement of a 30% tax on crypto holdings doesn’t necessarily make the crypto trade legal in India.The finance minister of India announced a 30% tax on crypto holdings during the budget session on...
MicroStrategy, the fortune 500 company with a 125,051 Bitcoin (BTC)-strong treasury, announced its Q4 2021 financial results on Feb. 2.The institutional software solution provider reported a net loss of $146.6 million incurred in impairment charges on its Bitcoin holdings. The high impairment losses added to the company’s operating expenses...
A former Bank of Japan (BOJ) official who reportedly headed the digital currency research is now advising against its use.According to a report published in the Japan Times, Hiromi Yamaoka, the former head of the BOJ’s financial settlement department, advised against using the digital yen as a part...
Astar, a multichain DApp protocol formerly known as Plasm, has raised $22 million in its latest strategic fundraise.The funding round was led by Polychain and saw participation from the likes of Alameda Research, Crypto.com Capital, Digital Finance Group and a few other angel investors. Astar rose to popularity...
Bitcoin (BTC) craze among lawmakers has reached the Belgian parliament now, as Brussels member of parliament Christophe De Beukelaer became the first European politician to convert his salary to Bitcoin.The Brussels MP’s monthly salary of EUR 5,500 will be converted to Bitcoin using Bit4You crypto trading platform, reported Bruzz....
The United States Securities and Exchange Commission (SEC) is reportedly reviewing some of the high-yield crypto lending products offered by Gemini, Celsius Network and Voyager Digital.According to a report published in Bloomberg, the SEC is conducting an inquiry into digital asset lending services. The main focus of the...
