[ad_1] On Friday, Web3 subscription and ticketing solution provider Revuto announced a novel subscription model for Netflix and Spotify, using a nonfungible token (NFT) solution.Revuto said it would offer a lifetime digital subscription for Netflix and Spotify via its Revolution NFT. A total of 10,000 users would be eligible to get their hands on the unique subscription model. Dino Ivankovic, head of business development at Revuto explained how these subscription-based
[ad_1] Ashley Alder, the chief executive officer of Hong Kong’s Securities and Futures Commission, will become the next chair of the United Kingdom’s Financial Conduct Authority.In a Friday announcement, the U.K. treasury said it had appointed Alder to chair the country’s financial watchdog starting in January 2023. He will succeed interim FCA chair Richard Lloyd, who took office following Charles Randell’s departure in May. Alder has lead Hong Kong’s securities regulator
[ad_1] Crypto and Know Your Customer (KYC) guidelines seem to be an unhappy marriage — pseudonymity in the digital currencies’ DNA doesn’t match the old-school centralized protocols of traditional finance, but cohabitation is inevitable for the maturing industry. The tension never really goes away, but even before recent months’ market failures for crypto, the regulators have been clearly hogging the blanket, nudging the established platforms toward more strict authentication procedures and
[ad_1] Traditional venture capital funds drive valuations through multiple funding rounds. Startups aim for initial public offerings or other exits. Then the sharemarket decides upon a more realistic valuation. But in cryptoland, tokens introduce market capitalization while a company is being built.This means there are a lot of competing interests and agendas. Token sales for Web3 startups can be the bastard child of a personality cult leader founder and a bunch
[ad_1] Ongoing strife in the cryptocurrency space has forced Compass Mining to lay off 15% of its employees while top executives and staff take major pay-cuts.The firm announced its decision to downscale its workforce in a bid to weather difficult market conditions, just a week after the resignation of Chief Executive Officer Whit Gibbs and Chief Finance Officer Jodie Fisher. Chief Technology Officer Paul Gosker and Chief Mining Officer Thomas
[ad_1] BNB and its role in the blockchain ecosystemBinance Coin (BNB) is the Binance ecosystem’s native cryptocurrency. Launched in 2017, BNB was originally presented as an ERC-20 token on the Ethereum blockchain with a total supply of 200 million. In 2019, Binance started its mainnet swap and migrated all BNB tokens to BNB Chain.Related: A beginner’s guide to the BNB Chain: The evolution of the Binance Smart ChainBNB Chain is composed
[ad_1] Web3 community members are fighting back against the United States Supreme Court’s ruling to overturn Roe v. Wade. On June 24, 2022, the landmark court case that previously assured the right to have an abortion was overturned, sparking a backlash among reproductive rights activists in the U.S.Some activists have turned to Web3 solutions, creating decentralized autonomous orginzations (DAOs) and nonfungible token (NFT) projects focused on raising awareness for women’s reproductive
[ad_1] Bitcoin (BTC) may be down 70% from its November 2021 peak, but its rebound move in the past three weeks is raising the possibility of more upside in Q3.Bitcoin eyes 30% price rallyAt the core of the bullish argument is a technical pattern called the "Adam-and-Eve double bottom." Notably, the structure appears when the price forms two bottom-and-recovery cycles. The first cycle, called "Adam," features a pointed bottom, while
[ad_1] Bitcoin (BTC) sets people free. At least, that was the story at Lebanon’s first Bitcoin-themed escape room in Beirut. Lebanese Bitcoiners from the group Bitcoin du Liban took on the latest Bitcoin education challenge — Bitcoin Escape the System. The best part? The team of four snuck out of the escape room in the fastest time to date.Can’t wait to try this… tomorrow.#Bitcoin is growing in #Lebanon .@BitcoinduLiban @marco_bdl @Thomssmn @Rothmus
[ad_1] Virginia’s Fairfax County continues to be a prominent public institutional investor in the cryptocurrency space and is set to diversify its portfolio with a move into yield farming.As previously reported, global asset managers VanEck announced that the Fairfax employees’ and police retirement systems will invest $35 million into the firm’s crypto lending fund. It’s the latest investment move by the two county-run funds in the cryptocurrency space since their
