Day: 12 March 2022

Yuga Labs Obtains Cryptopunks and Meebits Brands, Gives Commercial Rights to NFT Holders – Bitcoin News

[ad_1] On Friday, Yuga Labs, the firm behind the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, announced the company acquired the intellectual property behind the Cryptopunks and Meebits brands. Furthermore, after obtaining the IP from Larva Labs, Yuga has decided to give “full commercial rights to the NFT holders.” Bored Ape Creators Yuga Labs Acquires Cryptopunks and Meebits Collections From Larva Labs Last year and during the course of 2022, non-fungible tokens (NFTs) have seemingly become a mainstay within the crypto industry. One of the teams behind the…

Read More

Why digital currencies deserve a better reputation

[ad_1] Ever since its inception and throughout its turbulent journey toward mainstream acceptance, crypto has elicited both enthusiasm and trepidation in equal measure. After the unfair battering it has received over the years, the time has come to defend digital currencies. Unfortunately for crypto, first impressions count. Bitcoin (BTC) initially gained a tawdry reputation in its early years as the currency of choice for illicit activities — favored by dark web users, ransomware hackers, drug traffickers and money launderers worldwide. But, the world has changed since the first Bitcoin was…

Read More

Immutable X gains 50% following the close of a $200M fundraising round

[ad_1] Nonfungible token (NFT) projects have been hard hit by the price decline across the cryptocurrency ecosystem and the current bearish conditions have spared few tokens from a price collapse. One project that is attempting to get back on solid footing is Immutable X (IMX), an NFT-focused layer-2 scaling solution for the Ethereum network designed to offer near-instant transactions and zero gas fees for minting and trading. Data from Cointelegraph Markets Pro and TradingView shows that the price of IMX has climbed 69.6% since hitting a low of $1.09 on March…

Read More

How Europe’s new AML regulation will affect crypto

[ad_1] According to recent media reports, six European countries, led by Germany, are working on launching an Anti-Money Laundering (AML) body that will include the cryptocurrency market in its purview. Details remain scarce, but it is known that the initiative involves Germany, Spain, Austria, Italy, Luxembourg and the Netherlands. The group is working on “the remit and design” of a new international AML watchdog force that will have a particular emphasis on crypto, and the European Commission — the key executive institution of the European Union — will be the…

Read More

Bitcoin, Tectonic Shifts In The Financial System And Oil

[ad_1] Discussing the latest macroeconomic developments as they relate to Bitcoin, including oil prices and market misconceptions. Watch This Episode On YouTube Listen To This Episode: Apple Spotify Google Libsyn Overcast In this episode of Bitcoin Magazine’s “Fed Watch” podcast, CK and I welcomed a special guest, Luke Gromen. Gromen is founder and president of Forest For The Trees (FFTT), LLC, where he provides clients with macro insights and investible analysis of the global financial system. In this wide-ranging conversation, we dove deeply into Russia, gold, oil, the shadow banking…

Read More