NFT: Who Owns Copyright?

We are facing the challenge of differentiating what is original from what is a copy or plagiarism. In the digital art world, this practice has become commonplace, since it is so easy to reproduce a drawing, a photo, music, a painting, a game, among other creations produced digitally or digitalized from the physical medium. However, a new technology, known as […]

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OpenSea Hits $3B in Monthly Volume on Mutant Ape NFT Drop

Key Takeaways OpenSea is benefiting enormously from the recent NFT boom. It just passed $3 billion in monthly volume. The recent Mutant Ape Yacht Club launch contributed to the surging volumes over the weekend. The new collection has already overtaken the original Bored Ape Yacht Club in trading volume. OpenSea has reached $3 billion in volume traded this month, with […]

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A Fast Growing NFT Buzz Is Hitting China, But Will It Last?

Following a government widespread clampdown on cryptocurrencies, many Chinese have now turned to NFTs — another pea in the blockchain pod— as a new form of digital investment. Non-fungible Tokens (NFTs) have since become the new catch for investors in the world’s most populous nation, as many continue to find it increasingly difficult to access services that facilitate their accumulated […]

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SEC Wins Judgment Against Actor Steven Seagal After He Ignores Court Order to Settle Crypto Fraud Case – Regulation Bitcoin News

The U.S. Securities and Exchange Commission (SEC) has won a judgment against Steven Seagal after the famous actor failed to pay the agreed sum to settle the crypto fraud case he was involved in. Seagal, now living in Russia, has been ignoring the SEC’s attempts to contact him. Steven Seagal Ignores SEC, Fails to Pay Settlement A federal judge for […]

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PARSIQ Launches Innovative Subscription Model as Decentralized SaaS Powered by IQ Protocol – Sponsored Bitcoin News

The end of ownership is fast approaching. Since 2012, the subscription economy has grown an astounding 435%, as more and more people choose access over ownership. Whereas certain objects were once seen as a sign of status, more than 68% of international adults recently surveyed no longer believe that they are defined by what they own. And in general, as […]

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Korean Government Creates Dedicated Division to Oversee Crypto Transactions – Regulation Bitcoin News

South Korea’s top financial regulator, the Financial Services Commission (FSC), is establishing a dedicated division to oversee cryptocurrency transactions. South Korea Increasing Efforts to Regulate Crypto Industry South Korea’s Financial Services Commission (FSC), the country’s top financial regulator, announced Thursday an organizational change “to help improve transparency in virtual asset transactions.” The announcement states: The FSC and the Ministry of […]

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British Billionaire’s Family Office to Bet More Money on Crypto – Bitcoin News

The family office of billionaire businessman Simon Nixon, Seek Capital, is planning to invest additional funds into crypto assets, a media report revealed. The decision adds to a trend indicating that the rich increasingly view cryptocurrency as a hedge against inflation and low interest rates. Simon Nixon’s Seek Capital Family Office to Increase Exposure to Crypto Assets London-based Seek Capital […]

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US Senator Soliciting Proposals to Ensure Federal Law Supports Cryptocurrency – Regulation Bitcoin News

U.S. Senator Pat Toomey is soliciting ideas and proposals on cryptocurrency regulation. He explained that he “intends to use the responses in forming legislation that clarifies ambiguity around how existing laws, especially in the tax and securities realms, may apply to cryptocurrencies.” US Senator Pat Toomey Seeks Proposals on Crypto Regulation The U.S. Senate Committee on Banking, Housing, and Urban […]

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