Fidelity files three trademark applications, delving into the metaverse with huge plans.  The firm leverages key areas like virtual real estate investments, NFT trading, and marketplace services.  Fidelity’s belief in digital assets has not wavered even after the implosion of FTX, with the firm poised to create more impact in the sector.  Investment giant Fidelity is set to make inroads […]

OpenSea, a leading marketplace for digital collectibles and non-fungible tokens (NFTs), has announced support for Arbitrum Nova, a Layer 2 blockchain that aims to provide low-cost data availability. Arbitrum Nova, a new addition to the Arbitrum ecosystem, is intended to be the premier choice for Web3 gaming and social applications. Together with Arbitrum One, which is suitable for DeFi and […]

Cryptocurrency adoption in Europe has been on the rise in recent years, with countries like Switzerland, Germany, and the Netherlands leading the way. These countries have a high level of technological advancement, which has contributed to the early adoption of cryptocurrencies. In addition, a growing number of merchants and businesses in these countries are accepting cryptocurrencies as a form of […]

Bankrupt crypto exchange FTX’s plans to sell its digital currency futures and clearinghouse LedgerX, among other businesses, were challenged by the U.S. Trustee on Jan. 7, according to Reuters. As per the filing, U.S. Trustee Andrew Vara called for an independent investigation before any sale, claiming that valuable information related to the exchange’s bankruptcy could be compromised. The document states: […]

Indonesia is considering setting up a national crypto exchange to keep pace with the fast-changing financial landscape. Citing a Wednesday report by Bloomberg, the exchange is expected to launch later this year before the country assigns the Financial Services Authority (FSA) control over such assets. Presently, crypto assets in Indonesia are policed by “Bappebti” -the country’s commodities futures trading regulatory […]

FTX’s new management is seeking to recover millions of dollars in donations made by the crypto exchange and its former CEO Sam Bankman-Fried, reports the Wall Street Journal.  At the end of September, FTX’s charity arm, Future Fund, had committed more than $160 million to over 110 nonprofit organizations, including biotech startups and university researchers developing Covid-19 vaccines and working […]

Hedge fund billionaire Bill Ackman is taking a lot of flak for his support of a digital currency called Helium. Many users on Twitter and other social media platforms are calling him out for his alleged ignorance and claim that Helium is nothing but a Ponzi scheme. Bill Ackman Gets Jumped on for His Helium Praise The crypto space is […]

The NFT-focused company was founded by early-stage Facebook and Twitter investor Kevin Rose, and designer Justin Mezzell in February 2022. The company also has the Proof Collective and Oddities NFT collections in its catalog. Announcing the move via Twitter on Jan. 6, Rose suggested that the goal of the deal is to get the Moonbirds brand known on a “global” […]

The winds of crypto winter may be still blowing, but it doesn’t seem to be stopping venture capital firms from piling into cryptocurrencies. In fact, recent events influenced by the bear market, such as the collapse of FTX, could bring “further trust into the ecosystem,” according to Jez Mohideen, co-founder and CEO at Laser Digital, the recently launched digital assets […]