The US SEC Fines Shipchain $2 Million for Conducting an Unregistered Token Offering: Company Agrees to Cease Operations

The US SEC Fines Shipchain $2 Million for Conducting an Unregistered Token Offering: Company Agrees to Cease OperationsThe US Securities and Exchange Commission (SEC) has issued a cease and desist order against Shipchain and ordered it to pay a penalty of $2.05 million. Additionally, the regulator has directed Shipchain, a shipping and logistics company, to transfer Ship tokens in the possession or control of the company’s directors to a “fund administrator.” Unregistered […]

The post The US SEC Fines Shipchain $2 Million for Conducting an Unregistered Token Offering: Company Agrees to Cease Operations appeared first on Bitcoin News.

Barcelona FC Player Gerard Piqué Invests in Ethereum-Based Fantasy Football Platform Sorare

Barcelona FC Player Gerard Pique Invests in Ethereum-Based Fantasy Football Platform SorareThe Barcelona FC captain has announced his official inception into the non-fungible token (NFT) industry by investing $4.3 million in the fantasy football platform Sorare. Barcelona FC Player Invests in NFT Fantasy Football Platform Sorare, Joins as Strategic Advisor According to Sifted, Gerard Piqué joined a seed extension round led by U.S.-based fund Cassius Family […]

The post Barcelona FC Player Gerard Piqué Invests in Ethereum-Based Fantasy Football Platform Sorare appeared first on Bitcoin News.

Survey: There Is ‘Significant Room’ for the NFT Market to Grow Despite Widespread Lack of Knowledge Among People

Survey: There Is 'Significant Room' for the NFT Market to Grow Despite Widespread Lack of Knowledge Among PeopleA survey about non-fungible token (NFT) trends on crypto users revealed that 47% of correspondents had heard of NFT, and among these, 63% of them had only a basic understanding about it, while 57% of them had never used them. Survey Reveals Common User Has Just a Basic Understanding of NFT Market According to a […]

The post Survey: There Is ‘Significant Room’ for the NFT Market to Grow Despite Widespread Lack of Knowledge Among People appeared first on Bitcoin News.

Acclaimed NFT Artist’s Blockchain-Backed Digital Art Auction Raises $3.5 Million

Acclaimed NFT Artist's Blockchain-Backed Digital Art Auction Raises $3.5 MillionBlockchain-backed digital art is continuing to make waves and this week an artist who calls himself ‘Beeple’ raised $3.5 million during his latest non-fungible token (NFT) art collection auction. The “Everydays” collection auction included 21 original single edition Beeple pieces, a 100 piece series, and three open edition variations sold in five-minutes. During the first […]

The post Acclaimed NFT Artist’s Blockchain-Backed Digital Art Auction Raises $3.5 Million appeared first on Bitcoin News.

Bitcoin on Exchanges Drop to Lows Not Seen Since 2018, Long-Term Holders Realize Profits

Bitcoin on Exchanges Drop to Lows Not Seen Since 2018, Long-Term Holders Realize ProfitsAccording to data, bitcoin balances on exchanges are shrinking a great deal and have dropped to levels not seen in two years. Arcane Research detailed that charts showing the number of bitcoin leaving exchanges has seen a sharp decline and has been “one of the main stories of the year.” Meanwhile, onchain metrics indicate a […]

The post Bitcoin on Exchanges Drop to Lows Not Seen Since 2018, Long-Term Holders Realize Profits appeared first on Bitcoin News.

Market Update: Crypto Asset Prices Spike Massively, Speculators Claim ‘Altcoin Season’ Is Here

Market Update: Crypto Asset Prices Spike Massively, Speculators Claim 'Altcoin Season' Is HereA number of crypto-asset markets saw significant gains on Saturday, as a myriad of digital assets spiked between 4-40% in value during the last 24 hours. The entire crypto market capitalization had risen above $540 billion, as top-ten coin values from the likes of bitcoin cash, cardano and XRP jumped massively in value. On Saturday, […]

The post Market Update: Crypto Asset Prices Spike Massively, Speculators Claim ‘Altcoin Season’ Is Here appeared first on Bitcoin News.