Tag: Blockchain Technology
DraftKings Lawsuit Sparks NFT Securities Trial in U.S. Court
A recent development in the world of non-fungible tokens (NFTs) has sparked a legal battle that could potentially redefine how these digital assets are classified in the United States. A U.S. judge in Massachusetts...
Sahil Arora Faces Backlash for Fake Iggy Azalea Token Presale
Sahil Arora, a well-known figure in the celebrity crypto coin space, is facing backlash after allegedly raising $380,000 in a presale for a token falsely claimed to be endorsed by Australian rapper Iggy Azalea....
Securing Tokenization: Rethinking Public Blockchains for the Future
Tokenization has become a significant trend in Web3, attracting attention and investment from major players like BlackRock and JPMorgan. Analysts predict that the asset tokenization market will reach $2 trillion by 2030, showcasing its...
Fusing Digital Assets with Mainstream Services: Taiwan Mobile’s VASP License Bid
Taiwan Mobile, one of the major telecom operators in Taiwan, has taken a significant step in the crypto regulatory landscape by applying for a license to operate as a Virtual Asset Service Provider (VASP)....
UK High Court Freezes Craig Wright’s Assets – CoinJournal
The UK High Court recently made a significant decision regarding the assets of Craig Wright, the Australian computer scientist who had previously sued Peter McCormack, an entrepreneur and podcast host. Peter McCormack had applied...
Court Approves Accelerating Consensys vs. SEC Lawsuit for Quick Resolution
A federal judge has approved a timeline for the court to consider the lawsuit filed by software firm Consensys against the US Securities and Exchange Commission (SEC) and its commissioners. In a filing on...
New IRS Cryptocurrency Tax Rules Explained – CoinJournal
The IRS has recently introduced new tax reporting rules for cryptocurrency brokers, which are set to take effect in 2025. This framework requires crypto brokers, hosted wallet services, and digital asset outlets to file...
Cryptopia’s Token Launch on Gate.io – A Success Story in CoinJournal
Cryptopia, a decentralized gaming platform, has achieved a significant milestone with the successful launch of its token on Gate.io after five years of hard work and dedication. The community response to the massive airdrop...
Unlocking New Potential: Curve Finance’s crvUSD Fee Switch
Curve Finance recently made a significant move by implementing a fee switch for its crvUSD stablecoin, aiming to boost adoption and engagement within its ecosystem. The decision came after the stablecoin faced challenges in...
Cardano Price Analysis: ADA Nears Critical $0.3389 Support Level
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to...