The Los Angeles County Museum of Art (LACMA) has become the latest major art studio to delve into non-fungible tokens (NFTs), acquiring a string of notable pieces and collections to add to its catalog.  Bridging Both Sides of the Art...

Last week, we saw a lot of action in AI. While Microsoft launched the long-rumored ChatGPT-powered Bing, Alphabet also announced its own AI offering Bard. China’s Baidu also announced plans to bring chatbots to its search engine in China. However,...

Several blockchain projects have launched fundraising efforts to assist the areas of Turkey affected by the earthquake that lost thousands of lives. The Optimism Protocol is currently leading in contributions. https://twitter.com/WhaleChart/status/1624818563402833926?s=20&t=UkJAvSKzTxfQGxe-WxbEQA Connext, a decentralized exchange and payment network, declared on...

The United States Securities and Exchange Commission (SEC) is preparing to file a suit against Paxos Trust Co. over its issuance of the BUSD stablecoin, which it considers a security.  Are Stablecoins Securities?  Over the weekend, the Wall Street Journal...

Cryptocurrency exchange Kraken has announced the end of its crypto staking services as part of an agreement with the SEC. The announcement follows Coinbase's Brian Armstrong's confirmation of reports that the SEC was targeting crypto-staking service providers. https://twitter.com/nftpowerranking/status/1623859741889032192?s=20&t=x87Qswcpr9sZ_nQnxSGE6Q Hester Pierce,...

The Mississippi lawmakers have passed a bill establishing a framework to legalize cryptocurrency mining in the state and protect miners from imposed discriminatory energy charges.  The Concept Behind the New Legislative Bill The Mississippi digital asset mining framework was created...

WazirX, an Indian cryptocurrency exchange platform with a high trading volume, calls Binance's allegations "false and misleading" and intends to take legal action. According to a blog post on February 7, 2023, Indian cryptocurrency exchange WazirX claimed that the allegations made...

Dubai Virtual Asset Regulatory Authority (VARA) has introduced a new rulebook for digital trading assets in the city. The new virtual asset regulatory framework is set to foster growth and mitigate the potential misuse of cryptocurrencies.  VARA Rulebook: What Does...

Affirm (NYSE: AFRM) stock is trading sharply lower in US premarkets today after the company missed both topline and bottomline estimates for the second quarter of the fiscal year 2023 and also slashed its guidance. The company also announced that...

The Bank for International Settlements (BIS) has unveiled priorities for 2023, including launching a stablecoin project, exploring central bank digital currencies (CBDCs), and data monitoring.  Pyxtrial: The Optimal Regulator to Build Policy Framework On February 7, the BIS Innovation Hub...