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Learn Concept: Decentralized Autonomous Organizations (DAOs) Legalised in Abu Dhabi
November 4, 2023
IntroductionRecently, the Abu Dhabi Global Market (ADGM) created a unique legal framework for digital asset entities, including Decentralized Autonomous Organizations (DAOs). This move demonstrates a huge step towards Abu Dhabi …
Read moreOpenSea Shrinks Workforce by 50% Ahead of 2.0 Launch
November 3, 2023
Leading Nonfungible token (NFT) marketplace, OpenSea, has announced a significant downsizing of its staff in anticipation of its OpenSea 2.0 launch. CEO Devin Finzer, without revealing specifics, stated that approximately …
Read moreBitcoin Magazine Facing Trademark Infringement Allegations from Federal Reserve
November 3, 2023
Bitcoin Magazine, a renowned cryptocurrency-focused publication, is allegedly facing legal action from the United States Federal Reserve over supposed trademark infringements. The core issue lies in the use of the …
Read moreAbu Dhabi Paves Way for DAOs and Web3 with DLT Regulations
November 3, 2023
Abu Dhabi Global Market (ADGM) announced its initiative of a first-of-its-kind legal framework for digital asset entities, including Decentralized Autonomous Organizations (DAOs) with the launch of Distributed Ledger Technology (DLTs) …
Read moreSolana Experiences Price Dip and Rally, Influenced by Exchange Transfers and Coinbase Buyers
November 3, 2023
Solana (SOL), a major player in the crypto realm, has experienced dynamic price activity within a period of two weeks. SOL's price dipped by 5% in the wake of large …
Read moreBlock Witnesses Major Q3 Revenue Growth with Strong Bitcoin Profits
November 3, 2023
Block, the company previously known as Square and led by Jack Dorsey, reported a triumphant third quarter with significant growth in its Bitcoin-related business. As per the recently released earnings …
Read moreElon Musk Discusses AI Advancements and Body Double Rumours: What's the connection?
November 3, 2023
In a recent AI safety summit hosted by the UK government, Tesla CEO Elon Musk made warnings about the exponential advancement in Artificial Intelligence, his fears about AI surpassing humans …
Read moreSEC Calls for Summary Judgment Against Terraform's Kwon
November 3, 2023
The US Securities and Exchange Commission (SEC) is insisting on a summary judgment against Do Kwon and his creation, Terraform Labs. The SEC believes that no rational jury could conclude …
Read moreCrypto King Sam Bankman-Fried Convicted on Seven Charges Awaits Sentencing
November 3, 2023
After less than five hours of deliberation, the jury found the infamous crypto mogul Sam Bankman-Fried (SBF), former CEO of crypto trading platform FTX, guilty on all seven charges brought …
Read moreLearn Concept: Profiting from Ethereum Price Declines with Short Ethereum-linked ETFs
November 3, 2023
ProShares, a leading entity in the crypto-linked exchange-traded fund (ETF) realm, launched the world's first short Ethereum (ETH) ETF, labelled ProShares Short Ether Strategy ETF (SETH), on November 2. This …
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