Tag: blockchain

This $10M CryptoPunk Loss Exposes NFT's Fatal Flaw

This $10M CryptoPunk Loss Exposes NFT's Fatal Flaw

Somebody just made $10 million on a CryptoPunk disappear. Let's be clear: while I might feel a tiny sliver of sympathy, the bigger picture is far more important than one person's misfortune. This isn’t an unfortunate trade deal gone wrong, it’s the entire game rigged against American workers. This particular...

OpenSea Asks SEC to Exempt NFT Marketplaces from Securities Laws

OpenSea Asks SEC to Exempt NFT Marketplaces from Securities Laws

So have big players like OpenSea, the leading NFT marketplace. In addition, they recently made an official request to the U.S. Securities and Exchange Commission (SEC) to exempt NFT marketplaces from federal securities laws. The firm has been urging the SEC to issue detailed guidance on this matter. Their focus,...

OpenSea's SEC Plea: A Trojan Horse for Crypto Billionaires?

OpenSea's SEC Plea: A Trojan Horse for Crypto Billionaires?

So, is OpenSea really all that concerned about getting “regulatory clarity” so they can innovate. Or is this action simply the latest stroke of genius by the crypto oligarchs to further consolidate their power and riches. I think it's the latter. We've seen this movie before. A dangerous industry, pretending...

SEC Overreach? Why OpenSea's Plea Deserves a Serious Hearing

SEC Overreach? Why OpenSea's Plea Deserves a Serious Hearing

The U.S. Securities and Exchange Commission (SEC) is at it again. This time, their targets are NFT marketplaces, and OpenSea is correct in pushing back. Without the health of OpenSea’s survival is pivotal, facilitating a further 10x growth. It affects the future of all innovation, creativity, and economic opportunity in...

Top 10 Crypto Gems for 2025: Unveiling the Future of Investing

Top 10 Crypto Gems for 2025: Unveiling the Future of Investing

The cryptocurrency space is ever-changing, and what works today may not work tomorrow as new projects and new technology are developed every second. For investors, this is both a huge opportunity and a great challenge. The risk, though, comes with the high reward since the platform’s thesis is to find...

10 Cryptos Set to Empower the People in 2025 (You Won't Believe #3!)

10 Cryptos Set to Empower the People in 2025 (You Won't Believe #3!)

Okay, fam, let's talk crypto. Forget the Lambo dreams for a minute. From smart contracts to supply chain solutions, we’re just scratching the surface of blockchain technology. Together, we’re creating a more equitable and inclusive world, one decentralized block at a time. By creating a socially conscious crypto portfolio. Consider...

2025 Crypto Investments: Why Individual Responsibility Matters More Than Ever

2025 Crypto Investments: Why Individual Responsibility Matters More Than Ever

It's a digital Wild West, isn't it? Filled with promise, yes, but likewise overflowing with treachery. As much as we’d like to sugarcoat it, let’s not kid ourselves. To have faith that a regulatory agency will come flying in on the safety mandate to save everybody is just patently ludicrous....

CryptoPunk #3100 Resells at a Loss, Reflecting NFT Market Shift

CryptoPunk #3100 Resells at a Loss, Reflecting NFT Market Shift

CryptoPunk #3100, one of the rarest NFTs from the famous CryptoPunks collection, has been resold for 4,000 ETH. This one transaction has now cost the former owner well over 10 million dollars. In addition to that 16 million dollar initial purchase price, this NFT sale illustrates how the NFT market...

OpenSea Urges SEC to Exclude NFT Marketplaces From Exchange, Broker Definitions

OpenSea Urges SEC to Exclude NFT Marketplaces From Exchange, Broker Definitions

For their part, OpenSea has been at the forefront of the fight against SEC regulation. The corporation recently claimed that its own non-fungible token (NFT) marketplace doesn’t meet the definitions of an exchange or broker according to existing securities regulations. The company maintains that the regulatory framework designed for traditional...