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NFT The non-fungible token (NFT) space witnessed exponential growth during 2021. From Snoop Dogg and Mark Cuban to Stephen Curry, many famous personalities are capitalizing on the trend of owning digital art. This article features the top 5 NFTs under 1 ETH to buy in February 2023. What are NFTs? NFTs or non-fungible tokens (NFTs) are a type of cryptographic token based on blockchain technology. Unlike cryptocurrencies that are fungible, NFTs cannot be exchanged or traded equivalently. They represent Internet collectibles like art, music, and games. Here are the Top 5 NFTs under 1 ETH The future of NFTs is…
De Nederlandsche Bank (DNB), the Dutch central Bank, fined cryptocurrency exchange Coinbase 3.3 million euros ($3.6 million), due to non-compliance with local regulations for financial service providers, according to a Reuters report on Jan 26. The exchange reportedly failed to obtain the necessary registration to offer services in the Netherlands prior to beginning operations in the country. The DNB said it took into consideration the size of Coinbase as a company and the fact that it has a “significant number of customers in the Netherlands.”The authorities claimed Coinbase was non-compliant during the time period between November 2020 and August 2022. In…
NASCAR is all set to drop its first officially licensed digital collectible trading cards. The collectibles featuring 31 NASCAR drivers will launch on the Candy marketplace on December 13. Each driver comes in 3 rarities and has an edition size of 404 ICONs. For the uninitiated, ICONs are Candy’s digital collectibles featuring athletes. Let’s take a closer look at what NASCAR’s digital collectibles are all about! The NASCAR official digital collectibles will drop next week. What are the NASCAR digital collectibles? Called the 2022 NASCAR ICON Driver Series, NASCAR digital collectible trading cards come as blind packs. To explain, as…
NFT California’s Department of Motor Vehicles will test the Tezos network for the digitization of car titles as NFTs. The agency may also release a consumer application after successful testing. The California Department of Motor Vehicles (DMV) is testing the Tezos network to digitize car titles as NFTs. The venture comes from a collaboration between the DMV, Tezos, and crypto software development company Oxhead Alpha. The DMC is a state agency that registers motor vehicles and boats and is responsible for issuing driving licenses. Physical Documents Moving to NFTs In addition to digitizing car titles, it will also aim to…
An investigation into FTX’s collapse by an examiner could cost the firm upwards of $100 million without providing any benefit to creditors or equity holders, argues lawyers representing the bankrupt crypto exchange. The arguments were part of a Jan. 25 objection to a motion from the United States Trustee in December, which called for the judge to appoint an independent examiner to ensure any investigations are transparent and their findings made public. This will be fascinating.4 Senators submitted a letter asking for an Independent Examiner. Will they do more?Several States have entered the FTX case. Will they lend support for an…
NFT Yuga Labs does not have copyright registration for the images in the BAYC NFT collection. The information comes from court documents in the case against Ryder Ripps. Court documents reveal that Bored Ape Yacht Club’s (BAYC) parent company Yuga Labs does not have any copyright registrations for images in the collection. The information comes from court filings in the case between Yuga Labs and artist Ryder Ripps. Ripps used images from the famous NFT collection in his own NFT collection called RR/BAYC. Yuga Labs has sued Ripps for various reasons, including false advertising, trademark infringement, and cybersquatting. The parent…
Blockchain The chairman of the newly formed U.S. congressional subcommittee on digital assets has pledged for progressive crypto regulations to ensure that America is the place for innovation in fintech and blockchain. Speaking on CNBC’s Squawk Box on Jan. 26, Congressman French Hill offered some of his first insights into what is anticipated for crypto regulations in the country. The Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion, which is chaired by Hill, was put together on Jan. 12 with the remit of “identifying best practices and policies that continue to strengthen diversity and inclusion in the digital…
There is no better time than now to be a fan of movies, TV shows, and other pop culture content. This is because there are so many ways to collect physical and digital memorabilia relating to your favorite pieces of media. Now, pop culture fans can get their fix with more ease thanks to JUKE, a new digital collectibles platform created specifically for them.Tapping into Pop Culture CollectiblesDue to launch on February 1, 2023, JUKE will offer digital collectibles for some of the best-known franchises in the world. As such, its maiden offering has officially licensed Ace Ventura: Pet Detective…
The oldest public aquarium in the world, The Aquarium de Paris, and culture curated metaverse Metaseum, team up to launch a special Jellyfish NFT collection. The scientifically accurate NFT collection is also approved by marine biologists. The collection will display 1,234 NFTs on the Metaseum website. Read on to learn more about this amazing new collection! What Is The Aquarium de Paris NFT Collection? The Aquarium de Paris NFT collection is a first-of-its-kind scientifically accurate marine biology NFT project. The project is in collaboration with Metaseum, a metaverse of culture and cultural institutions. Furthermore, the Aquarium has the largest collection…
A spokesperson for USD Coin (USDC) issuer Circle has denied reports that it blames the United States Securities and Exchange Commission (SEC) over its failed $9 billion plan to go public in December.The stablecoin issuer representative was responding to a Jan. 25 Financial Times article that characterized Circle as having “blamed” the securities regulator for its “derailed” listing by dragging its feet on the approval of a merger agreementHowever, a Circle spokesperson clarified to Cointelegraph that was not the case and that it doesn’t hold any blame over the SEC for the termination of its merger agreement. “Circle has not and does not…
