10 Factors NFT Sales Boomed in 2022 Amid Market Collapse
Amidst a poor market environment, NFT sales soared in 2022 as a result of the following 10 factors mentioned in pointers.
Over 50M Americans Still Hold Crypto, 80% Find Global Financial System Unfair
Over 50 Million Americans Still Hold Crypto Amid Market Rout: Coinbase Survey.
Crypto’s Correlation With Macro Events, US Equity Markets Is Weakening, Bernstein Says
Crypto prices are continuing to trade in a broadly similar range as the correlation with U.S. equities and macro events weakens, Bernstein analysts said. Crypto-related stocks opened higher on Monday, with Silvergate leading the gains.
American Crypto Ownership Steady Despite Tough Year: Coinbase Survey
More than 50 million Americans own crypto, or 20% of the adult population, a recent survey commissioned by Coinbase found. That number has held steady for more than a year despite the tumult in digital assets.
Dynamic NFTs: The Evolving Crypto Assets
Dynamic NFTs are like a chameleon in the world of NFTs, able to change their characteristics as needed. These NFTs hold information known as metadata, which outlines their unique traits, such as the strengths and abilities of a gaming avatar or the colors and details of an NFT art piece.
Legal Spotlight: Digital Asset Commodities and Securities
Current regulatory interpretations of law can cause digital assets to simultaneously fall under multiple legal classifications by different federal agencies. This can potentially make it difficult to develop compliance and operational requirements for individual crypto assets – and may complicate which federal regulators have oversight of the asset.
Institutional Pipe Investor With $2bn In Executed Financing Commitments Launches Digital Asset Investment Firm
Alpha Blue Ocean (“ABO”), based in the Bahamas and Dubai has announced the launch of a new private investment firm, ABO Digital, that will provide alternative financing solutions to early-stage and high-growth companies in the digital asset space.
Fintech Dominated Sequoia and a16z Investments in 2022
Major venture capital firms are doubling down on fintech, with the industry dominating the portfolios of firms like Sequoia Capital and a16z. Both firms invested significant amounts into the space in 2022.
SEC Chair Reasserts Every Crypto is a Security Aside From Bitcoin, Lawyers Disagree
Gary Gensler’s recent interview with New York Mag (NYMAG) has ruffled feathers across the crypto industry again.
Russian Darknet Markets, Ransomware Groups Thrive Despite Sanctions, Report
Russian marketplaces on the dark web have continued to operate despite Western sanctions and efforts to shut them down, according to a report accessing the illicit blockchain space amid the world’s “first crypto war.” Ransomware actors and high-risk crypto exchanges have also remained active.
