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FTX announces Australian expansion as government sets out its crypto stall

FTX announces Australian expansion as government sets out its crypto stall

The Australian government has made moves to refine its crypto strategy and introduce ‘badges of approval’ for exchanges. 

The post FTX announces Australian expansion as government sets out its crypto stall appeared first on The Block.

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Malaysian Multimedia Ministry calls on government to formalize crypto’s legal status

The Malaysian Communications and Multimedia Ministry is hoping to see crypto legalized, so it can be used by more young people.

The post Malaysian Multimedia Ministry calls on government to formalize crypto’s legal status appeared first on The Block.

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Crypto firms warn customers after Hubspot employee account compromise

Several crypto firms warned their customers over the weekend following a data breach at marketing software maker Hubspot.

The post Crypto firms warn customers after Hubspot employee account compromise appeared first on The Block.

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Why brands are racing to get trademarks that extend to the digital world 

Quick Take

  • Companies and legal experts are closely watching pending NFT trademark lawsuits.
  • It’s not clear yet what kind of legal protection brands will need to prevent copycats in “the metaverse.”

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Warren bill draws outcry over broad terms, but seems unlikely to pass

Some industry players say that athough the implications of the bill’s language are worrisome, it’s early to sound the alarm.

The post Warren bill draws outcry over broad terms, but seems unlikely to pass appeared first on The Block.

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Bored Apes creator Yuga Labs teases new project called ‘Otherside’

Yuga Labs, creator of the Bored Ape Yacht Club NFT collection, dropped a teaser trailer for a new project called Otherside.

The post Bored Apes creator Yuga Labs teases new project called ‘Otherside’ appeared first on The Block.

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Deciphering the Metaverse: The evolution of protocol-level risk

Quick Take

  • This weekly series explores the most interesting insights in NFTs, blockchain gaming, and virtual worlds
  • The overall NFT market seems to be poised for its second consecutive month of subsiding trading volume
  • Sparked by Wolf Game’s early experimentation, several projects have refined the concept of protocol-level risk

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Man passing as UN affiliate convicted for crypto scheme

A man was convicted for defrauding investors via an organization with supposed closed ties to the United Nations, according to the U.S. Attorney’s Office.

The post Man passing as UN affiliate convicted for crypto scheme appeared first on The Block.

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Australia’s consumer watchdog sues Meta for allegedly misleading users with crypto scam ads

The Australian Competition & Consumer Commission (ACCC) announced on March 18 that it has taken legal action against Meta, alleging that the company had misled Facebook users by publishing advertisements about crypto scams featuring local public figures unaware of the content. 

The post Australia’s consumer watchdog sues Meta for allegedly misleading users with crypto scam ads appeared first on The Block.

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NFT Finance Part 2: The pesky challenge of pricing NFTs at scale

Quick Take

  • Financial applications built around NFTs need to be able to value such tokens quickly and effectively.
  • We investigate why this is so problematic and how some people are trying to solve this challenge.
  • This is the second article in a three-part series focused on the financial applications of NFTs.

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