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Summarizing The NFT Royalties Debate

Summarizing The NFT Royalties Debate

Quick Take

  • Lately, the topic of NFT royalties has sparked a heated debate that has divided the market
  • NFT royalties are not enforceable on-chain, but instead are a socially constructed concept
  • A variety of potential solutions have been proposed to cater to the specific needs of different market segments

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SEC files ICO suit against crypto influencer Ian Balina

The U.S. Securities and Exchange Commission charged crypto investor and YouTuber Ian Balina with promoting an unregistered initial coin offering (ICO).

The post SEC files ICO suit against crypto influencer Ian Balina appeared first on The Block.

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Animoca Brands Company Intelligence

Quick Take

  • Shifting its focus to blockchain technology in 2018, Animoca Brands became one of today’s most active web3 investors – the company made +60 investments in H1 ’22 and +340 investments since its inception
  • Animoca Brands has subsidiaries and original products (web3 platforms, blockchain games, tokens) focusing on different verticals such as motorsports, fitness and entertainment
  • IP licensing/brand collaboration is another strategic focus of Animoca Brands (i.e. sports teams, celebrities, games, cartoon characters etc.)
  • After being delisted from ASX in March 2020, Animoca Brands raised US$764.6 million from private investors (US$544.2 million in 2022)

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Crypto markets head lower in anticipation of Wednesday’s FOMC rate hike decision

The total crypto market cap currently sits around $890 billion, after once again slipping below the $1 trillion dollar mark last week.

The post Crypto markets head lower in anticipation of Wednesday’s FOMC rate hike decision appeared first on The Block.

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Yellow Card crypto exchange raises $40 million in Series B round

Pan-African exchange Yellow Card Financial raised $40 million in its latest fundraising round.

The post Yellow Card crypto exchange raises $40 million in Series B round appeared first on The Block.

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Bitcoin miner Bitdeer bought Singaporean maximum-security vault Le Freeport: Report

Bitcoin mining company Bitdeer bought Singaporean maximum-security vault Le Freeport for $28.4 million, according to Bloomberg.

The post Bitcoin miner Bitdeer bought Singaporean maximum-security vault Le Freeport: Report appeared first on The Block.

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Ethereum Name Service says it has regained control of ‘eth.link’ domain name

The eth.link domain is now back online after Ethereum Name Service’s parent company secured an injunction from a US court.

The post Ethereum Name Service says it has regained control of ‘eth.link’ domain name appeared first on The Block.

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South Korea asks Interpol to issue red notice for Do Kwon: FT

South Korean prosecutors have reportedly asked Interpol, an international organization that facilitates police cooperation and crime control between countries, to issue a red notice against Do Kwon.

The post South Korea asks Interpol to issue red notice for Do Kwon: FT appeared first on The Block.

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Hacker stole $3.3 million from Ethereum ‘vanity addresses’ created with Profanity tool

A hacker drained $3.3 million from multiple Ethereum addresses generated with a tool called Profanity.

The post Hacker stole $3.3 million from Ethereum ‘vanity addresses’ created with Profanity tool appeared first on The Block.

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Why crypto domain names could evolve into the internet’s first identity system

In this episode of The Scoop, Unstoppable Domains’ Founder and CEO Matt Gould explains why NFT domain names are likely the future identity system for Web3, and how enduring digital identities will redefine the importance of online reputation. 

The post Why crypto domain names could evolve into the internet’s first identity system appeared first on The Block.

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