After multiple years of heightened legal overwatch, the future may hold much of the same. Over the past few years, regulatory bodies across the globe have increased their scrutiny on the cryptocurrency space, clarifying gray areas while also going after offenders. Although the industry has seen a lot of regulatory action, authorities have not really […]
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DLA Piper’s new tokenization platform has already completed its first asset tokenization with a “piece of fine art.” TOKO, a new tokenization platform targeting ‘high-value assets’ has launched as a proof-of-concept by tokenizing a piece of fine art. The platform is a collaboration between international law firm DLA Piper — which operates in more than 40 countries […]
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Non-fungible tokens are booming, with Animoca Brands and Skymarch revealing upcoming gaming titles powered by NFTs. Blockchain gaming firm Animoca Brands has announced a licensing agreement with electric single-seater car racing championship Formula E to develop a blockchain-powered motorsports game featuring non-fungible tokens (NFTs). The Formula E game will utilize Animoca’s REVV utility token as […]
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Brazilian soccer club CR Vasco da Gama and crypto exchange Mercado Bitcoin are looking to tokenize early-career transfers in the soccer world. Vasco da Gama, one of the leading teams in Brazilian football, and Mercado Bitcoin, one of the largest cryptocurrency exchanges in Latin America, have announced plans to tokenize the rights of the solidarity […]
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The world’s largest crypto exchange announced two subsidiary suspensions within one month. The world’s largest cryptocurrency exchange is launching a new affiliate program in Africa after announcing the termination of its Uganda-based service. On Nov. 3, Binance officially announced the launch of the Binance Africa Affiliate Program, which aims to promote Binance across the continent. […]
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Once a popular exchange, Cobinhood is phasing out more services. Taiwan-based cryptocurrency exchange Cobinhood is making significant adjustments to its customer service practices in 2021. According to an official announcement on Nov. 1, Cobinhood will change its customer service policy to get rid of real-time interactions with clients. Starting Jan. 1, 2021, Cobinhood’s customer support […]
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For now at least, the partnership appears focused on mutual brand outreach and marketing. Top-tier German soccer club Borussia Dortmund, or BVB, is entering a multi-year partnership with the crypto trading platform Bybit. At present, details of what the partnership will involve, beyond mutual brand outreach, remain slight. In a statement for Cointelegraph, Bybit CEO […]
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The “relative newcomer” to politics joined other major CEO donors to the Democratic candidate. Sam Bankman-Fried, the CEO of Hong Kong-based cryptocurrency derivatives exchange FTX, donated $5.2 million to vice president Joe Biden’s presidential campaign. As The Wall Street Journal reported on Oct. 28, Biden’s presidential campaign received a total of $79.5 million from the top 100 […]
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$2.5 million private funding round will be used to develop first “mass-market” digital collectibles platform. Digital collectibles platform Terra Virtua announced Nov. 4 that it had completed a $2.5 million private funding round, attracting support from funds such as Woodstock, NGC Ventures, and AU21 Capital. The investment raised will be used to further develop what […]
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Polkadot’s DeFi ecosystem is expanding, but will its interoperability prove to be the Ethereum-killer? The Polkadot blockchain platform only launched its mainnet in May, but it is already pushing to become a major competitive force in the sector. In late August, following a DOT token redenomination, Polkadot smashed into the top 10 cryptocurrencies, overtaking established […]
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