Month: September 2022

How NFTs and the Metaverse can keep fashion luxurious

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It’s no secret that the fashion industry has started to explore the cryptoverse, with brands like Dolce & Gabbana, Gucci, Philipp Plein and Tiffany & Co. taking their own path down the metaverse runway.  Decentraland’s Metaverse Fashion Week hinted at a new wave of fashion, while Philipp Plein brought the metaverse and nonfungible tokens (NFTs) right into his London shop. The innovative technology mixed with the ever-changing fashion world was an inevitable pair, but there is always room for more. Even during its inception, the promise of the metaverse has…

State Securities Regulators Object to Celsius’ Court Motion to Sell Stablecoins – Bitcoin News

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As Celsius’ bankruptcy proceedings continue, the court’s trustee William Harrington appointed an examiner on Thursday in order to review the company’s finances, according to a filing submitted on September 29. On the same day, state securities officials from Vermont and Texas filed objections to the crypto lender accessing the company’s stablecoin cache. 15 days prior to the objections, the crypto lender filed paperwork that said Celsius was looking to access $23 million in stablecoin reserves. State Securities Officials Step Into the Celsius Bankruptcy Battle State securities regulators have been very…

Uzbekistan Introduces Monthly Fees for Crypto Companies Effective Immediately

The central Asian country is cracking down on the local crypto industry. A crypto regulation framework published in April mandated crypto exchanges, custodians and mining pools operating in the country to register with regulators. In August, the country moved to block crypto exchanges like Binance, Huobi, FTX and Bybit, saying local regulations did not allow citizens to trade crypto on foreign platforms. Source

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BTC, ETH Continue to Consolidate Ahead of U.S. Consumer Sentiment Data – Market Updates Bitcoin News

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Bitcoin continued to trade below $20,000 on Friday, as market sentiment remained mostly unchanged heading into the weekend. The world’s largest cryptocurrency attempted to climb towards this milestone, but declined as it encountered a hurdle on the relative strength index (RSI). Ethereum was also largely unchanged, as markets prepared for the release of U.S. consumer data. Bitcoin Bitcoin (BTC) prices continued to consolidate on Friday, as market sentiment remained largely unchanged heading to the weekend. The token continued to climb towards $20,000 in today’s session, hitting a peak of $19,632.98…

Blockchain could help anonymously document war crimes

Human rights investigators appointed by the United Nations (UN) have confirmed war crimes have been committed by Russian forces in Ukraine. A report developed by the Independent International Commission of Inquiry on Ukraine was created in March 2022 to provide a framework for UN human rights investigators to report war crimes in the region.  Erik Møse, chair for the Independent International Commission of Inquiry on Ukraine, stated in the UN’s article that “investigators visited 27 towns and settlements and interviewed more than 150 victims and witnesses.” Møse also noted that…

FTX CEO Sam Bankman-Fried on upcoming Ethereum merge, interest in Robinhood deal

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io FTX Founder and CEO Sam Bankman-Fried and Anthony Scaramucci, SkyBridge Capital founder, join CNBC’s ‘Squawk Box’ to discuss why FTX has taken a stake in SkyBridge Capital. Bankman-Fried also weighs in on Ethereum’s upcoming merge and the exchange’s interest in a Robinhood acquisition. For access to live and exclusive video from CNBC subscribe to CNBC PRO:  » Subscribe to CNBC TV:  » Subscribe to CNBC:  Turn to CNBC TV for the latest stock market news and analysis. From market futures to live…

Mainstream media sentiment shifts in favor of Bitcoin amid fiat currency woes

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Despite USD bringing an onslaught to stocks, commodities and its rival currencies, Bitcoin (BTC) holds steady at the $19,000 to $20,000 mark, leaving mainstream media no choice but to put BTC into the headlines. American daily newspaper The New York Times highlighted BTC’s 6.5% increase in the last seven days and noted that this had caught the attention of crypto bulls and bears. Meanwhile, Fortune Magazine’s crypto outlet has also compared Bitcoin’s standout performance to other assets like the Japanese yen, Chinese yuan and gold, apart from the euro and…