Author: Cointelegraph By Ezra Reguerra

Bitcoin Investing Made Simple!

OKX bags Singapore crypto license

OKX Singapore also announced that it onboarded Gracie Lin, who previously worked at MAS, as its CEO.  Source link

Crypto bankruptcies net law firms $751M in fees

Four law firms collectively earned $484 million from their work on the crypto bankruptcies, representing 64% of all fees requested and received in these cases. Source link

Trump's 4th NFT collection sees $2.2M in sales

Donald Trump’s latest NFT collection sparked criticism, with some describing the former president’s crypto push as a “grift.”  Source link

NFTs can be securities but SEC Wells notice to OpenSea ‘not productive’ — Lawyer

Atlas Development chief legal officer Oscar Franklin Tan stated that the Wells notice “does everything except provide us with clear rules to follow.” Source link

Bitcoin holdings of publicly listed firms increased to $20B in one year: Data

A survey showed that 26% of institutional investors and wealth managers support Bitcoin’s use case as a reserve asset.  Source link

Nasdaq wants to launch a Bitcoin index options, seeks SEC approval

Options would allow institutional investors to hedge risks and traders to amplify their buying power.  Source link

New Zealand introduces OECD crypto reporting framework on new tax bill

Crypto service providers who fail to take “reasonable care” to comply with the requirements could be fined between 20,000 and 100,000 New Zealand dollars ($12,000 and $62,000). Source link

Decentralized naming could bring ‘next billion’ users to Bitcoin

Spaces Protocol founder Mike Carson argues that in light of the recent Squarespace DNS attack, domains should be decentralized and put on the blockchain. Source link

FTX says creditors supported reorganization plan with a 95% vote

FTX chief restructuring officer and CEO John Ray III said the plan promises 100% return plus interest for non-governmental creditors. Source link

$24M CryptoPunk NFT quietly sold, Trump earned over $7M from NFTs: Nifty Newsletter

The most expensive CryptoPunk ever purchased was transferred for an undisclosed amount on Aug. 19, causing speculation about its sale price. Source link