SK telecom to release blockchain wallet for crypto and NFTs
SK Telecom has developed a web3 wallet for digital currencies and NFTs in collaboration with other companies working on blockchain technology. A cooperation agreement between SK Telecom and other blockchain companies is being developed in order to create a digital wallet that can support cryptocurrencies, nonfungible tokens, and digital credentials. A Web3 wallet will be […]
G20 regulator will offer worldwide crypto guidelines in October 2022
Given its recent instability and “growing interconnection with the traditional financial system,” the FSB appears to be more worried about the crypto market. All G20 nations are represented on the Financial Stability Board (FSB), a global financial regulator, which is getting ready to suggest worldwide rules for crypto and stablecoins in October. The FSB announced […]
Bitcoin ETF Litigation Could Take Over Two Years – Grayscale Legal Officer
Grayscale says that approvals have nothing to do with the differences between futures and spot Bitcoin ETFs because prices are based on the same spot Bitcoin markets. As asset management businesses continue to compete for a Bitcoin (BTC) exchange-traded fund (ETF) spot in the United States, despite regulators’ skepticism, Craig Salm, chief legal officer at […]
Ripple Lampoons SEC For Unprecedented Request In Recent Response
Following litigation against Ripple by SEC, Ripple’s legal team believes that the commission lacks tenable evidence as it continues to make its information shrouded in secrecy. Ripple responded angrily to the SEC’s request to seal its response to an amici motion relating to the Daubert case. The Ripple team told Judge Torres of the Southern […]
Axie co-founder states project is “healing” as volumes increase by 205%
Following the introduction of its new NFT land staking function and continuous improvements to the Origin fight game style, interest in Axie Infinity appears to be increasing once more. Axie Infinity, a play-to-earn (P2E) Metaverse game, seems to be recovering as its NFT sales volume had increased by 205 percent during the last seven days. […]