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Ethereum Scarcity Increases as Net Daily Issuance Hits a 2-Month Low

Ethereum Scarcity Increases as Net Daily Issuance Hits a 2-Month Low

The daily net issuance in the Ethereum network continues to drop, signifying a supply deficit.

Democratic Party of Korea Pushes for Reconsideration of Spot Bitcoin ETFs

Democratic Party of Korea Pushes for Reconsideration of Spot Bitcoin ETFs

The Democratic Party of Korea plans to request the Financial Services Commission to review its stance on the legal status of spot Bitcoin ETFs, following opposition to its previous statement.

South Korea May Reconsider Stance on Bitcoin ETFs

South Korea May Reconsider Stance on Bitcoin ETFs

South Korea's Presidential Office has urged the Financial Services Commission to reconsider its stance on Bitcoin ETFs, indicating a potential shift in the country's cryptocurrency regulation, following initial warnings against U.S.-based spot Bitcoin ETFs.

Nissan Expands Web3 Efforts with Trademarks and Metaverse Auto Sales

Nissan Expands Web3 Efforts with Trademarks and Metaverse Auto Sales

Nissan has filed four new Web3-related trademarks in the US and is experimenting with auto sales in the metaverse in Japan. The trademarks cover its Infiniti, Nismo, and Nissan brands and include plans for virtual goods and a nonfungible token (NFT) marketplace. Nissan Japan is conducting a three-month "demonstration experiment" of its virtual store "Nissan Hype Lab," allowing customers to "study, consult, test drive and purchase Nissan vehicles" while in the metaverse. The company's moves are in line with other car manufacturers, including General Motors and Ford, who have also been actively filing trademark applications for Web3, crypto, NFTs, and the metaverse.

SEC Commissioners Peirce and Uyeda Disagree on Impact Theory Enforcement Action

SEC Commissioners Peirce and Uyeda Disagree on Impact Theory Enforcement Action

The US SEC has launched its first enforcement action against Impact Theory, LLC, for raising $30 million through an unregistered offering of NFTs disguised as securities, despite Commissioners Peirce and Uyeda arguing for clearer regulations.

SEBA Bank Secures SFC License, Expanding Crypto Services to Hong Kong

SEBA Bank Secures SFC License, Expanding Crypto Services to Hong Kong

Swiss cryptocurrency bank SEBA Bank has been granted a Hong Kong Securities and Futures Commission license to offer trading, distribution, advisory, and asset management services in the Asia Pacific region.

Former Nissan CEO Paid Crypto Worth $500,000 to Flee Financial Charges in Japan

Former Nissan CEO Paid Crypto Worth $500,000 to Flee Financial Charges in Japan

Carlos Ghosn, the former Nissan Motors CEO and chairman, paid cryptocurrency worth nearly $500,000 to escape criminal charges he was facing in Japan. This payment was made by his son Anthony Ghosn to American citizen Peter Taylor

Bitcoin Futures Exchange BitMEX to Block Ontario Crypto Traders

Bitcoin Futures Exchange BitMEX to Block Ontario Crypto Traders

Cryptocurrency derivatives exchange BitMEX announced today that it planned on removing its trading platform services from a Canadian province.

First Crypto Fund Approved by Hong Kong’s Financial Regulator Aims to Pass $100M in its First Year

First Crypto Fund Approved by Hong Kong’s Financial Regulator Aims to Pass $100M in its First Year

Hong Kong’s first approved cryptocurrency fund, Arrano Capital, the blockchain arm of Venture Smart Asia announced its rollout of a new Bitcoin fund in Hong Kong.

Twitter Says Bitcoin Hack Originated From Phone Phishing Attack

Twitter Says Bitcoin Hack Originated From Phone Phishing Attack

On Thursday, Twitter provided an update addressing the massive Bitcoin hack that overtook its platform earlier this month.

Blockchain Brings Monetary and Financial Freedom

Blockchain Brings Monetary and Financial Freedom

We look at three key aspects (money form, money issuance, and the flow of money) of our monetary and financial system where the blockchain technology may have a major impact

UK Launches Global Crypto Law Review as it Considers Legal Reforms

UK Launches Global Crypto Law Review as it Considers Legal Reforms

The Law Commission of England and Wales will explore legal proceedings from other countries to create its own crypto-based legal reforms

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