[ad_1] A paper published by the Institute of Risk Management (IRM) concluded that Bitcoin (BTC) has the potential to be a catalyst for a global energy transition. IRM Energy and Renewables Group members Dylan Campbell and Alexander Larsen published a report titled “Bitcoin and the Energy Transition: From Risk to Opportunity.” The paper argued that…
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[ad_1] In this week’s newsletter, read about how marketplace Magic Eden integrated compressed nonfungible tokens (NFTs) into its platform and how Meta launched its metaverse game on mobile and web. Check out why the Bitcoin Ordinals creator proposes changing the protocol’s numbering system and learn about Atari founder Nolan Bushnell’s perspectives on play-to-earn gaming. In…
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[ad_1] Binance CEO Changpeng Zhao has disputed a recent report that claimed the executive took a $250-million loan from BAM Management, a firm that acts as Binance.US’ holding company. On Sept. 19, a report from the media outlet Decrypt interpreted court documents related to a lawsuit between Binance and the United States Securities and Exchange…
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[ad_1] Bitcoin Ordinals’s creator and chief coder, Casey Rodarmor, has recently proposed changing the protocol’s numbering system with the aim of simplifying the project’s codebase. Since the beginning of the Ordinals protocol, each nonfungible token (NFT) created using Ordinals was assigned a unique inscription number. They functioned similarly to serial numbers and have been an…
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[ad_1] The Hong Kong Monetary Authority (HKMA), the special administrative region’s central bank, has issued a warning to users that crypto businesses presenting themselves as banks and using banking terminology could be violating the region’s banking laws. In a press release, the HKMA said that the use of certain banking terms may be misleading the…
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[ad_1] Crypto exchange JPEX has reportedly increased its withdrawal fee to up to 999 Tether (USDT) after receiving a warning from Hong Kong’s Securities and Futures Commission (SFC). The staff of the exchange has also been reportedly missing from its Token 2049 booth in Singapore. On Sept. 13, the SFC, Hong Kong’s crypto watchdog, issued a…
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[ad_1] The Bitcoin (BTC) miner who received the 19.8 BTC in fees has returned the funds to blockchain infrastructure firm Paxos, after its claims that the company made the mistake of paying over $500,000 in BTC transfer fees. F2Pool have sent the 19.82108632 BTC fee overpayment back to Paxos https://t.co/IB32RNq5uO — mempool (@mempool) September 15,…
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[ad_1] The United States Securities and Exchange Commission (SEC) charging nonfungible token (NFT) project Stoner Cats sparked feedback from commissioners Hester Peirce and Mark Uyeda, arguing that the project’s activity constitutes fan crowdfunding, which they believe is common for artists. On Sept. 13, the SEC charged Stoner Cats 2 LLC, the firm behind the animated…
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[ad_1] East Asian country Taiwan is reportedly planning to put restrictions on unregistered overseas crypto exchanges operating within its jurisdiction as a part of its incoming guidance for virtual asset service providers (VASPs). On Sept. 7, a local media outlet, the Central News Agency, reported that the Financial Supervisory Commission (FSC) of Taiwan had created a…
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[ad_1] The International Monetary Fund (IMF) and the Financial Stability Board (FSB) have published a joint paper containing policy recommendations at the request of the Indian G20 Presidency. The organizations have created the paper to combine the standards and consolidate collective recommendations to provide guidance and help various jurisdictions address risks associated with crypto asset activities.…
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