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” Hermès asks court to halt sales of MetaBirkin NFTs following recent jury decision “ Hermès International, the French luxury fashion house, has requested a Manhattan federal court to block artist Mason Rothschild from marketing or owning his “MetaBirkin” non-fungible tokens (NFTs) following a recent jury decision that found Rothschild had violated Hermes’ trademark rights…
” U.S. lawmakers argue SEC accounting policy places crypto customers at risk “ Two United States lawmakers have criticized crypto accounting guidelines outlined by the securities regulator, arguing it places crypto customers at greater risk of loss. The guidelines came from the United States Securities and Exchange Commission (SEC), which became effective in April last…
” Soulbound tokens power new identity solution on Celo blockchain “ A central focus for many in the Web3 community has been improving identity solutions available to consumers. Last year, the emergence of soulbound tokens (SBT) introduced a new way for users to define themselves. Although the SBT hype quieted over the last months, they have not disappeared…
” Goldman Sachs still open to crypto hires amid massive 3,200 staff cut “ Goldman Sachs’ digital assets unit is reportedly open to bolstering its 70-strong team, despite a massive cost-cutting exercise at the firm last month that will see 3,200 employees clear their desks. Mathew McDermott, Global Head of Digital Assets for Goldman Sachs said…
” FSB, IMF and BIS papers to set global crypto framework, says G20 “ The Financial Stability Board (FSB), the International Monetary Fund (IMF), and the Bank for International Settlements (BIS) will deliver papers and recommendations establishing standards for a global crypto regulatory framework, announced on Feb. 25 the group of the 20 biggest economies…
” Galaxy acquires institutional crypto custody firm for $44M “ Galaxy Digital has invested $44 million into an institutional cryptocurrency custody platform to tap into its proprietary asset storage and management capabilities. Mike Novogratz’s cryptocurrency investment firm has completed the acquisition of GK8, which has developed its own patent cryptocurrency custody technology aimed at giving…
” Web3 Domain Alliance expands with 51 new members “ The Web3 Domain Alliance, a member-led coalition that aims to provide a standardized framework for Web3 naming services, has announced 51 new members, including Blockchain.com, Rarible, Wyre, Bitdegree, WazirX, and Klever. These firms will help promote the development of the Web3 naming industry and the…
” Bakkt sunsets its consumer-facing crypto app to focus on B2B solutions “ Digital asset platform Bakkt has announced its plans to shift its focus to B2B technology solutions. The company said it will soon be sunsetting its consumer-facing app, which was designed to give users the ability to utilize their digital assets in different…
” Coincover secures $30 million in funding to strengthen digital asset security “ London-based digital asset protection firm, Coincover, has secured $30 million in a funding round led by Foundation Capital, with a follow-on investment from CMT digital. According to Coincover’s announcement, the funds will be used to scale its operations, drive recruitment, develop new…
” Opinion: Should Bored Ape buyers be legally entitled to refunds? “ Should people who purchase nonfungible tokens (NFT) be entitled to refunds if they decide they don’t like their digital pictures? Some Europeans are beginning to make that case under a 25-year-old law. Unhappy buyers have claimed that their right to a refund is…