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Hadeswap, an NFT marketplace, has acquired one of the earliest and most prominent NFT projects on Solana. This is according to an announcement made at the start of the week. In a statement, Hadeswap notes that it intends to respect the legacy of the Solana Monkey Business while “bridging the gaps of its shortcomings.” Also, there are plans to make the project more accessible to a broader audience. And in the future, the project will be integrated with the Hades token ecosystem.Solana Monkey Business launched 20 months ago, initially releasing 205-pixel collectibles that showed a monkey in space. Then there…

Google-owned YouTube has appointed Web3-friendly exec Neal Mohan as its new CEO following the departure of Susan Wojcicki this week. Wojcicki stepped down from YouTube on Feb. 16 after nine years at the helm, outlining plans to start a “new chapter” focused on family, health and personal projects. During her tenure, she oversaw the pivotal introduction of the revenue-sharing model, among other things. Moving forward she will remain an advisor for Google’s parent company Alphabet Inc. Thank you, @SusanWojcicki. It’s been amazing to work with you over the years. You’ve built YouTube into an extraordinary home for creators and viewers.…

Judge Lewis Kaplan reportedly targeted Sam Bankman-Fried’s internet usage during a hearing reviewing the former FTX CEO’s use of a virtual private network, or VPN.According to a Feb. 16 tweet from NPR correspondent David Gura, Judge Kaplan seemed to suggest that Bankman-Fried be denied access to any electronic device and the internet as a condition of his bail. Though SBF’s lawyers reportedly said there was no television in Joe Bankman’s and Barbara Fried’s California home — where the former FTX CEO has largely been confined since his arraignment in the United States in December — the judge countered that a “garden…

NFT In the world of digital marketing, new technologies are emerging all the time, and businesses need to stay ahead of the curve to succeed. One of the most exciting new technologies to hit the scene in recent years is NFTs or non-fungible tokens. NFTs are unique digital assets that can be bought, sold, and traded like physical assets. They have quickly gained popularity in the art world, but their potential uses extend far beyond that. In this article, we’ll explore the benefits of using NFT PR for marketing and why your business should consider incorporating NFTs into your marketing…

NFT OpenSea, the leading non-fungible token (NFT) marketplace, announced today that it will temporarily eliminate its 2.5% fee on sales, as well as cut down on creator royalty protections, in an effort to acclimatize the rapidly changing crypto market. This move comes in response to increasing competition from upstart rival Blur. OpenSea Brings New Changes On Friday, OpenSea announced through Twitter that it will only enforce a 0.5% required creator royalty charge on NFT trades for projects that do not have an on-chain enforcement method. However, sellers have the option to pay a bigger proportion if they so want. A…

Legal A draft law filed in the Russian parliament permits operators of platforms providing financial services to also run blockchain platforms. The legislation will allow them to combine their regular activities in the traditional financial market with issuing digital assets. New Law Opens Door to Blockchain Space for Russian Financial Service Providers The State Duma, the lower house of parliament in Russia, has adopted on first reading a bill allowing financial marketplaces, as defined by another Russian law, to also function as blockchain platforms facilitating the issuance and exchange of digital financial assets (DFAs). The legislative initiative comes from a…

GBBC Digital Finance announced on Feb. 16 that it has joined the International Organization of Securities Commissions (IOSCO) as an affiliate member. The IOSCO is an international association that develops and promotes international standards for securities. IOSCO’s members include 35 national securities regulators and over 200 affiliated organizations. In addition, the IOSCO has an Affiliate Members Consultative Committee, which GBBC Digital Finance has joined as its 70th member. The committee provides input on IOSCO policy and standards. Committee members also form groups that hold annual trainings on securities-related issues.The IOSCO released its “Crypto-Asset Roadmap” in July. GBBC Digital Finance chair Lawrence…

GQ, the New York-based men’s magazine, is launching an NFT collection that will offer its fans various perks. Holders of these NFTs will have access to magazine subscriptions, merchandise, and live events. To bring the collection to life, GQ Magazine tapped into the expertise of four renowned artists: REO, Chuck Anderson, Sewath Attafuah, and Kelsey Niziolek.The company challenged the quartet to use its motto, “Change Is Good,” as a guide in generating the digital art that would later form the collection. The end result was that each artist came up with over 100 “unique traits that could be combined in…

Debtors for crypto lender Celsius Network have the authority to sell coupons for mining firm Bitmain coupons worth roughly $7.4 million following a ruling from a bankruptcy judge.In a Feb. 16 court filing, United States Bankruptcy Judge Martin Glenn said it was in the “best interests of the Debtors’ estates, their creditors, and other parties” to allow Celsius debtors to sell their Bitmain coupons. The judge’s ruling does not require the debtors to liquidate the holdings in question, which would need the consent of the committee of unsecured creditors.interim Celsius CEO Christopher Ferraro claimed in a Feb. 9 declaration that the…

NFT The time for Bitcoin holders to look at NFTs from the sidelines is over. Since January, there have been nearly 130,000 Bitcoin Ordinals inscribed to the world’s most powerful computing network. But what challenges do these inscriptions face, and what opportunities, if any, do they present? Bitcoin Inscriptions (Ordinals) Explained To understand the emergence of Bitcoin inscriptions as NFTs is to understand the ordinal theory. In computer science, the ordinal theory has been used for decades to sort items based on specific criteria. This is where the ordinal theory got its name – from the Latin word “ordo,” relayed…