Author: Arijit Sarkar

Sony eyes NFT transfers across multiple game platforms, reveals patent

CoinTelegraph

Sony Interactive Entertainment, the video game goliath running the PlayStation brand, filed a patent for a framework allowing users to transfer and utilize nonfungible tokens (NFTs) across multiple game platforms.  Over several years, Sony’s interest in crypto has been evidenced Read More

Over 100 VCs, investors voice solidarity with Silicon Valley Bank

CoinTelegraph

As the 40-year-old banking institution, Silicon Valley Bank (SVB), winds down operations, numerous venture capitalists (VCs) and investors joined hands and decided to cushion the impact in case the bank “were to be purchased and appropriately capitalized.” Approximately 125 VCs Read More

BNB Chain hackathon winner accuses Binance of stealing AI-powered NFTs idea

CoinTelegraph

Crypto exchange Binance has been accused of “blatantly” copying the winner of the BNB Chain hackathon after launching Bicasso — an AI-based nonfungible token (NFT) creation tool. Binance allegedly ripped off a tool created by Chatcasso just two months after Read More

Voyager is selling crypto assets through Coinbase, suggests on-chain data

CoinTelegraph

Voyager Digital, the centralized finance (CeFi) platform that filed for Chapter 11 bankruptcy in July 2022, is reportedly selling assets through the Coinbase crypto exchange. On-chain data suggest that Voyager received at least $100 million in USD Coin (USDC) in Read More

US agencies recommend old risk management principles for crypto liquidity

CoinTelegraph

In a joint statement released by three United States federal agencies, the banking sector was advised against creating new risk management principles to counter liquidity risks resulting from crypto-asset market vulnerabilities. The Board of Governors of the Federal Reserve, the Read More

Consumer Federation of California reattempts to regulate crypto companies

CoinTelegraph

The Consumer Federation of California (CFC), a nonprofit advocacy organization working for consumer rights, sponsored a bill that seeks to license and regulate the activities of cryptocurrency exchanges. The legislation demanding regulatory oversight of crypto businesses — the Digital Financial Read More

Bitcoin logo imperfection found on original artwork after 12 years

CoinTelegraph

While Satoshi Nakamoto is credited as the anonymous creator of Bitcoin (BTC), what often goes unnoticed are the selfless contributions of the community members — miners, developers, designers, hodlers and investors — that help materialize the original vision. However, one Read More

Kazakhstan to mandate 75% revenue sale from crypto mining for tax purposes

CoinTelegraph

Kazakhstan, one of the biggest Bitcoin (BTC) mining hubs in the world, announced plans to introduce new crypto regulations aimed at reducing tax fraud and unlawful business operations.  A new law signed by Kazakh President Kassym-Jomart Tokayev on Feb. 6 Read More

London emerges as world’s most crypto-ready city for business — Research

CoinTelegraph

Along with pro-crypto regulations, mainstream adoption of cryptocurrencies requires a supporting infrastructure that can allow the general public access and exposure to the ecosystem. When considering eight key indicators around taxes, ATMs, jobs and events in crypto, London stands at Read More

Here’s how Kazakhstan aims to enhance its legacy crypto trading framework

CoinTelegraph

Kazakhstan, one of the world’s biggest Bitcoin (BTC) mining destinations, issued a consultation paper to gauge public interest in proposed amendments to improve the cryptocurrency trading framework. The policy paper, released on Jan. 27, was laid down by the Astana Financial Services Authority (AFSA), a Read More

Turkish automaker Togg onboards Metaco for crypto custody and governance

CoinTelegraph

Turkish automotive company Togg announced a partnership with Metaco, a digital asset custody orchestration technology provider, to secure its open mobility ecosystem built on Avalanche.  Togg’s Mobility-as-a-Service platform (MaaS), a.k.a, Mobility Ecosystem, aims to deliver smart contract-powered use cases — Read More

Less than 100 Bitcoin ATMs added worldwide in the second half of 2022: Data

CoinTelegraph

While Bitcoin (BTC) ATMs were an afterthought to Satoshi Nakamoto’s vision of sound money, they are now considered one of the main pillars of Bitcoin’s mainstream adoption. However, the global Bitcoin ATM network, which used to add thousands of machines Read More