Month-over-month trading volumes on crypto exchanges increased 16% from August to September. It was the first significant increase in exchange trading volume since April this year. According to The Block’s Data Dashboard, September’s exchange trading volumes saw the first notable jump since this May. The volume jumped to $733 billion, or a 16% month-over-month increase….
TV star Kim Kardashian has paid $1.26 million to the US SEC to settle charges relating to her promotion of EthereumMax. Moreover, Kardashian must not promote any cryptocurrencies for three years. According to a Monday press release, the SEC had filed charges against the “Keeping Up With the Kardashians” star for not disclosing the $250,000…
Breaking crypto news from the last week (Sept. 24 – 30, 2022): Sept. 24: The Walt Disney Company is looking to hire a transaction lawyer working at an “accelerated and aggressive timeline” to explore new technology opportunities, like the metaverse, DeFi, and NFTs. The media conglomerate looks to expand into Web3 territory focusing on “next…
Music artists have the opportunity to develop tighter relations with their fans through the use of NFTs, explains Inigo Vaca on Cointelegraph. As one of the oldest entertainment industries in existence, the music business has experienced many technological advances that enhanced widespread adoption. The digitalization of music meant that artists could reach any audience across…
Top investment deals across the crypto sector over the last week (Sept. 24–30, 2022): Deribit raises $40 million from existing investors at a $400 million valuation Deribit, the largest Bitcoin options exchange by market share, has raised funds from existing investors at a $400 million valuation, The Block reported. The Panama-based exchange raised around $40…
The European Union (EU) might tighten restrictions on Russians’ crypto investments in the EU as a response to “sham” independence votes being held in Russian-occupied regions of Ukraine, CoinDesk reported. Russian citizens could be restricted from making any payments to EU crypto wallets following the limits imposed in April. A previous cap of crypto holdings…