Opinion

Republican members of the US congressional committee responded to the SEC's recently proposed regulation on the definition of an  “exchange”. Some of the committee members think the adjustments do not favor decentralized outfits. Also, they expressed their concern that the changes could come back to haunt them. Asides concerns from the committee, several notable bodies have also raised objections against the draft. The US SEC’s Proposed Rule This time last month, the Securities and Exchange Commission proposed an amendment regarding…

From the failure of the “Let’s Go Brandon” token to controversies around Will Smith Inu, meme coins are beginning to generate suspicious rep, despite their popularity. Spanning almost a decade of existence themselves, meme tokens have managed to carve out their own flourishing niche in the crypto industry. They are also most likely going to stay. Considering their cheap prices and popularity, some argue that meme tokens are a good entry point into crypto for newbies. But are they really?…

On the Cardano ($ADA) network, Snoop Dogg aims to distribute unreleased songs as non-fungible tokens (NFTs). Clay Nation, a Cardano-based NFT project, collaborates with the rapper to make the change. What should we make of this new partnership? Most importantly, how can the deal affect the music and blockchain world? A New Way to Enjoy Snoop Dogg’s Music Snoop Dogg has long been a pioneer in hip-hop music and has contributed significantly to its development. Non-fungible tokens, the creation of…

Rishi Sunak, Chancellor in the UK, has ordered the Royal Mint to create a government-backed NFT for trading. The Chancellor expects the NFTs by the Summer as the government examines new possibilities to use blockchain.  What does the Government wish to achieve with this new political action? And what can the impact of the news be on the NFT and blockchain market? More Information About the Project One of the hottest topics in blockchain technology right now is the use…

There is no way to avoid NFTs if you've been on the internet recently. Some view them as the future of technology, while others regard them as potential fraud. NFTs had great success in 2021, which is probably because of their natural integration with Metaverse projects. It is not surprising that many important companies (even outside of the gaming world) have decided to invest in the Metaverse. Rumors claim that Activision may be the latest company to join this trend…

Tesla’s founder and CEO, Elon Musk, withdraws from joining Twitter’s board of directors. Parag Agrawal, Twitter’s CEO announced this in a tweet in the early hours of Monday, 11th April.  Elon has decided not to join our board. I sent a brief note to the company, sharing with you all here,” Agrawal tweeted.  Musk was offered a seat on the board a day after he disclosed a 9.2% stake in the company, which made him Twitter’s biggest shareholder. According to…

In the past, Bitcoin has followed a few predictable patterns when it has split in half. This argument seems to be true for mid-halving events, like the one taking place this month.  The mid-halving event has been bad for Bitcoin in the past, and it may happen again this time. However, it's important to remember that the short-term price action of Bitcoin will still be hard to figure out.  This article will remind our readers about the halving phenomenon, its…

The crypto and blockchain space has seen a record rise in its valuation over the past year. As a result, its rising traction reflects in the growing fortunes of crypto investors from various spheres of the industry. From the NFT market to exchanges and various others, crypto influencers continue to make it to the world’s richest list. While some names make new entries in 2022, familiar names like Binance’s CZ are even further up the list. At present, the exchange’s…

In a recent SEC filing, MicroStrategy stated that it purchased over 4,000 Bitcoin ($BTC) between February 15 and April 4th for $190.5 million. The company used its subsidiary, MacroStrategy LLC, to buy this impressive amount of cryptocurrencies. What does this decision imply for the company led by Michael Saylor? And what should we expect from the future? A Quick Introduction to MicroStrategy and Michael Saylor As a provider of business intelligence (BI), mobile software, and cloud-based services, MicroStrategy Incorporated first…