Arsenal football club sanctioned by UK’s advertising watchdog for deceptive crypto adverts
UK’s advertising watchdog Advertising Standards Authority (ASA), recently ruled against two crypto advertisements of Arsenal’s fan tokens ($AFC). Arsenal has infringed the UK’s advertising code, according to the ASA, after a review of $AFC’s adverts from August. According to the ASA, the fan token commercials “trivialized investment in cryptoassets” and were “misleading” because they failed […]
China’s State-run Media Xinhua News Agency to Issue NFTs Despite Crypto Crackdown
China has been obstructing citizens’ access to cryptocurrencies. However, it appears that Xinhua News Agency will use NFTs as collectibles. The NFTs would be coined from certain select news photographic reports from the year 2021, according to an announcement made on Wednesday, December 22 by the Xinhua News Agency. Additionally, they will be distributed for […]
Just-in: El Salvador Buys the Dip Again as Bitcoin Price approaches $50K
El Salvador’s President, Nayib Bukele, announced a new Bitcoin purchase on his Twitter page on Wednesday 22nd December. The government has purchased another 21 bitcoins , which are currently valued at around $1 million. President Nayib Bukele said in late November that he had purchased $5.4 million in Bitcoin. El Salvador became Bitcoin legal money […]
VeVe and Disney launch Mickey Mouse NFTs
Disney continues to introduce renowned IP to the world of non-fungible tokens (NFTs) through its long-standing NFT partner VeVe It’s the latest in a long line of top-tier IP that’s on its way to becoming its own NFT . Let’s take a look at the most recent VeVe marketplace developments, as well as what we […]
Shiba Inu rises 10% amid $4 trillion inflow from Ether whales
Shiba Inu ($SHIB), the popular meme currency, has risen by 10% in the last 24 hours after an Ether ($ETH) Whale contributed 4 trillion SHIB, or $136 million. Tokens went green overnight as the crypto market slowly recovered from a brief bear market. Surprisingly, Dogecoin’s offspring, SHIB , outpaced the OG crypto, Bitcoin ($BTC), with […]