Warner Music, Polygon and LGND.io partner to launch Web3 music platform
The platform LGND Music is set to officially launch in January 2023, and will also include dance record label Spinnin’ Records. Go to Source Powered by WPeMatico
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Animoca Brands secures majority stake in music metaverse gaming platform
Animoca wants to advance the music industry within Web3 and gaming through its latest partnership with Pixelynx. Go to Source Powered by WPeMatico
Maple Finance cuts ties with Orthogonal Trading over alleged misrepresentation of finances
Maple’s decision comes after Orthogonal Trading admitted on Dec 3 that it was unable to meet loan repayments following the collapse of FTX and its partner Alameda. Go to Source Powered by WPeMatico
Malta prepares to revise regulatory treatment of NFTs
The revision seeks to remove nonfungible tokens from Malta’s Virtual Financial Assets Framework. Go to Source Powered by WPeMatico
Margin trading vs. Futures: What are the differences?
Margin trading and futures are used in cryptocurrency to multiply gains. Here’s what you need to know about these tools, how they work, and their differences. Go to Source Powered by WPeMatico
FTX US ex-president reportedly seeks $6M funding to launch crypto startup
The ex-president of FTX US, Brett Harrison, is reportedly planning to launch a start-up that would build crypto trading software for big investors. Go to Source Powered by WPeMatico
Uzbekistan Approves Rules for Issuance and Circulation of Crypto Assets
The authority responsible for crypto oversight in Uzbekistan has determined the order of issuing and circulating digital assets in the country. The main reason behind the move is to establish a mechanism that would allow local companies to attract capital through coins and tokens. Uzbekistan Government Sets Out to Regulate Digital Asset Investments The National … Read more
Former FTX CEO Sam Bankman-Fried denies “improper use” of customer funds
According to the former CEO, at the time of filing for bankruptcy “FTX US was solvent.” Go to Source Powered by WPeMatico
Italy to impose 26% capital gains tax on crypto profits
The 26% capital gains tax will be imposed on cryptocurrency trading profits larger than 2000 euros ($2,062.3). Go to Source Powered by WPeMatico
Bitcoin capitulations abound — Data shows realized and unrealized losses at record-highs
Bankruptcies, shrinking profit margins and traders realizing hefty losses are all signs of capitulation from various market participants. Go to Source Powered by WPeMatico