Month: March 2022

Meta files 8 digital asset and Web 3 trademark applications

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Meta, formerly Facebook, has filed eight trademark applications with the United States Patent and Trademark Office, or USPTO, relating to blockchain technology and its proposed metaverse. The applications and their fields of interest are as follows, organized by serial number: 97320155: Online social networking and dating services, including a specific branch tailored for networking between cryptocurrency investors. 97320153: Design and development of computer hardware and software relating to Web3, including gaming, e-commerce, blockchain transactions, etc.  97320149: Entertainment and electronic publishing services, partly within virtual reality.  97320147: Telecommunication services for electronic…

MoonPay, Startup Known for Celeb NFT Buys, Adds Obama-Era Money Laundering Watchdog

Freis, who ran the Treasury’s Financial Crimes Enforcement Network (FinCEN) under former Presidents George W. Bush and Barack Obama, will advise MoonPay’s executives and compliance officials as the startup further establishes its systems for allowing people to buy and sell cryptocurrencies using a range of payment methods, such as credit cards, bank transfers and Apple Pay, the company said in a statement. Source

ETC up 80% in the Last Week, as Loopring Gains 42% on Wednesday – Market Updates Bitcoin News

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Loopring was trading by over 42% on Wednesday, overtaking QNT as the world’s 65th largest crypto in the process. This came as ethereum classic was trading 10.30% higher on the day, taking its one week gain to over 80%. Loopring (LRC) On Wednesday, loopring (LRC) rose to its highest level in three months, a move which saw it cement itself as the world’s 65th largest cryptocurrency. Following a low of $0.8075 on Tuesday, LRC/USD rallied to an intraday high above $1.21 during hump-day. Today’s move came as LRC has consolidated…

LUNA Holds Ground Over $90, Do-Kwon Hints At Factors Behind Rally

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LUNA, Terra’s native cryptocurrency, remains on an upward trajectory. The cryptocurrency follows the general market sentiment and is one of the best performers in the crypto top 10. Related Reading | Terra (LUNA) Surpasses Ethereum Becoming Second Most Staked Asset This trend could continue in the short term, but some indicators point to caution. In the long term, the outlook seems clearer. At the time of writing, Terra’s cryptocurrency trades at $94 with sideways movement in the last 24 hours and 6% profit in the past week. LUNA trends to…

PUBG Publisher Krafton Partners With Solana Labs

“Krafton will continuously see ways to work closely with blockchain companies like Solana Labs as we work toward establishing our Web 3 ecosystem,” Hyungchul Park, lead of Krafton’s Web 3 division, said in a statement. “Solana represents the best of the Web 3.0 ecosystem and its technologies. Through this cooperation, Krafton will acquire the insight needed to accelerate its investment in and output of blockchain-based experiences.” Source

The State of Bitcoin and Ethereum Mining in 10 Charts

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India’s Crypto Industry Fears Proposed Tax Rules Will Increase ‘Brain Drain’

“For short-term investors who are into day trading, margin trading, arbitrage trading, the 1% TDS becomes infeasible. The majority of the population is still waiting on the fence, once we see the bill then we should see exponential growth. India is very rich in talent. Most tech-savvy people are here. So, if India gets the right crypto framework, it can be the next Silicon Valley,” he said. Source