China-based regulatory and trade associations target NFTs in latest risk notice
“We solemnly call on consumers to […] be vigilant and stay away from NFT-related illegal financial activities,” said the associations. Go to Source Powered by WPeMatico
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Facebook whistleblower warns Metaverse will repeat ‘all the harms’
Frances Haugen, Facebook whistleblower at large, has now turned her focus to the Metaverse. She is worried about how Meta will handle privacy and intensely sensitive information. Go to Source Powered by WPeMatico
Nifty News: Bored & Hungry? Or want to listen to a podcast hosted by a Mutant Ape?
Bored Ape Yacht Club owners can take advantage of IP rights by auditioning for a BAYC movie trilogy, while other popular NFT characters now make up the cast of iHeartMedia’s latest podcast venture. Go to Source Powered by WPeMatico
Bitmex Co-Founder Arthur Hayes Says Bitcoin Could Drop to $30K Amid a Stock Market Rout
The co-founder and former CEO of Bitmex, Arthur Hayes, has published a new blog post concerning the current state of cryptocurrency markets. Hayes says currently there’s an inability to recognize the cyclical nature of markets and the “inconvenient truth” that is crypto is now moving in “lockstep” with market equities. Hayes expects the Nasdaq 100 … Read more
China’s Central Bank Adds More Digital Yuan Pilot Cities
China’s central bank, the People’s Bank of China, has added more cities to test its digital currency. According to the latest official data, the digital yuan has more than 261 million users. PBOC Adds More Cities to Test Its CBDC The Chinese central bank, the People’s Bank of China (PBOC), said Saturday that it is … Read more
Crypto pundits gather online to discuss innovation and national security
Sheila Warren and Jerry Brito joined security expert Juan Zarate to address ways to use cryptocurrency in the national interest. Go to Source Powered by WPeMatico
Is China’s apprehension to ban NFTs a hopeful sign for investors?
China’s mixed signals regarding its local NFT industry have investors confused about where the local market may be headed. Go to Source Powered by WPeMatico
Volvo’s parent company establishes blockchain joint venture headquarters in Wuxi, China
Geely Holding sold over 2.2 million vehicles in 2021, including 698,693 Volvo cars. Go to Source Powered by WPeMatico
US exceptionalism could be tested as digital assets find footing worldwide — Sheila Warren
“Innovation is going to flow to where it can thrive the most, and actively trying to block it is going to encourage it to head elsewhere,” said Sheila Warren. Go to Source Powered by WPeMatico
Chinese internet giants remove NFT platforms fearing gov’t crackdown
WeChat removed several accounts for digital collectible platforms for violating the policy of illegal trade, while Ant Group and Tencent-owned NFT platforms updated their user agreements. Go to Source Powered by WPeMatico