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NFT News
TheNewsCrypto
4w
240
Image Credit: TheNewsCrypto
No Charges for Yuga Labs as SEC Wraps Up Probe
- The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Yuga Labs, the firm behind the Bored Ape Yacht Club (BAYC) NFT series and ApeCoin (APE), without imposing any penalties.
- Yuga Labs considers this a significant win for the NFT ecosystem and digital artists, as it upholds the stance that NFTs are not securities.
- The SEC examined whether Yuga Labs' NFT sales and ApeCoin distribution fell under securities regulations, but the investigation closed with no enforcement proceedings initiated.
- This resolution with Yuga Labs is part of the SEC's recent shift in approach to crypto regulation, with other high-profile cases being resolved without penalties imposed.
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14 Likes
Cryptonews
4w
378
Image Credit: Cryptonews
Ronaldinho’s STAR10 Token Sparks Crypto Controversy Amid Security Gaps and Potential Insider Trading
- Brazilian soccer legend Ronaldinho has launched his STAR10 token on the Binance Smart Chain (BSC) with exclusive perks and promises of signed collectibles and VIP experiences.
- However, concerns have been raised about the tokenomics due to the rapid price surge and substantial profits made by insiders.
- Security flaws in the smart contracts, such as the ability to burn tokens from any holder's wallet, were identified and addressed, but the incident has raised additional concerns.
- The launch of Ronaldinho's STAR10 token has caused controversy in the crypto community, highlighting potential insider trading and security gaps.
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22 Likes
Medium
4w
209
Image Credit: Medium
Earning Daily with NFTs: My Simple Path to Profit
- Discover a unique way to earn through NFTs with a simple platform.
- The platform provides a risk-free trial and minimizes the need for extensive NFT knowledge.
- Users can earn daily profits by automatically purchasing and selling NFTs.
- People have seen impressive results, earning up to $5,000 within three months.
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12 Likes
Dev
4w
244
Image Credit: Dev
The Bored Ape Revolution: From Digital Art to Open Source Funding
- The Bored Ape Yacht Club (BAYC) has transitioned from being known for digital art to pioneering open source funding mechanisms.
- BAYC established a decentralized autonomous organization (DAO) for supporting open source projects, allowing members to propose, debate, and vote on funding decisions.
- Key initiatives, such as the ApeNet Protocol and ApeChain API, are enhancing communication and interoperability in the NFT space.
- Despite challenges like centralization risks and cryptocurrency volatility, BAYC's model represents the potential of NFT communities for decentralized governance and open source funding.
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14 Likes
TheNewsCrypto
4w
129
Image Credit: TheNewsCrypto
Binance CEO Praises Japan’s Crypto Regulations Amid Reform Talks
- Binance CEO Richard Teng praised Japan's transparent regulatory framework and quick adoption of cryptocurrencies at an event
- Teng highlighted the fact that 11 million people in Japan had crypto accounts last year
- He emphasized the importance of transparent rules for the safe and long-term development of the crypto industry
- The Financial Services Agency (FSA) oversees Japan's crypto regulatory landscape, ensuring safety and transparency
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7 Likes
Livebitcoinnews
4w
360
Image Credit: Livebitcoinnews
Binance to Delist Non-MiCA Stablecoins in Europe by March 31
- Binance will remove all non-MiCA stablecoin trading pairs in Europe by March 31, 2025.
- USDT and eight other stablecoins will no longer be tradable on Binance due to EU regulations.
- Binance offers zero-fee trading for BNB/USDC, ETH/USDC, and SOL/USDC for VIP and liquidity providers.
- Binance follows MiCA rules like other exchanges to comply with EU regulations.
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21 Likes
TheNewsCrypto
4w
57
Image Credit: TheNewsCrypto
Binance Delists Tether and Other Non-MiCA Compliant Stablecoins in EEA
- Binance is set to delist stablecoins that are not compliant with MiCA regulations in the EEA region.
- Tether's USDT, DAI, UST, and USTC are a few among other stablecoins that Binance is going to delist.
- Binance will delist non-compliant stablecoins, particularly in the EEA region, as per the MiCA regulation policy.
- Binance will continue offering non-compliant stablecoins till March 31 in the EEA region and recommends users to convert them into MiCA-compliant stablecoins.
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3 Likes
Crypto-News-Flash
4w
311
Image Credit: Crypto-News-Flash
Binance to Delist Non-MiCA Stablecoins in EEA by March 31
- Binance will delist non-MiCA stablecoin trading pairs in the EEA by March 31.
- Users in the European Economic Area (EEA) are advised to switch to MiCA-compliant stablecoin alternatives.
- Binance US has reopened USD trading operations, allowing customers to buy, sell, and trade over 160 cryptocurrencies.
- The Nigerian government has sued Binance, seeking $79.5 billion in economic damages and $2 billion in unpaid taxes.
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18 Likes
Crypto-News-Flash
4w
383
Image Credit: Crypto-News-Flash
Trump Announces White House Crypto Summit with Top Industry CEOs
- The White House is set to host its first-ever Crypto Summit, chaired by Crypto Czar David Sacks, with prominent founders, CEOs, and investors expected to attend.
- The summit aims to create a regulatory framework to guide the operation of cryptocurrencies and facilitate innovation in the financial ecosystem.
- The US Senate Banking Committee has unveiled a crypto-focused subcommittee, led by Senator Cynthia Lummis, to collaborate with the Trump administration in introducing a regulatory framework for the industry.
- The SEC has dismissed its civil enforcement action against Coinbase and is changing its enforcement approach to develop a more transparent crypto policy.
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23 Likes
Pymnts
4w
160
Image Credit: Pymnts
SEC Undertakes ‘Unprecedented’ Rollback of Crypto Enforcement
- The Securities and Exchange Commission (SEC) has dismissed or halted at least eight cases against crypto firms in the last month.
- This includes lawsuits against Coinbase and Binance, signaling a change in the aggressive approach towards the crypto industry.
- The SEC aims to reform its regulatory approach and develop crypto policy in a more transparent manner.
- The agency has replaced its crypto division with a smaller unit dedicated to probing various emerging technologies.
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9 Likes
TronWeekly
4w
75
Image Credit: TronWeekly
‘CZ’ Zhao Proposes New Token Issuance Model to Stabilize Crypto Markets
- Changpeng Zhao, the founder of Binance, has proposed a new token unlock mechanism aimed at preventing the market from being flooded with new tokens during periods of low prices.
- Under CZ's proposal, only 10% of the total token supply will be unlocked at the time of the launch.
- Subsequent token unlocks will only happen if the token price has doubled compared to the previous unlock price and remains at that level for 30 consecutive days.
- Zhao's proposal could reshape the future of token issuance by promoting long-term growth and reducing the negative effects of early token dumps.
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4 Likes
Cryptoninjas
4w
441
Image Credit: Cryptoninjas
MEXC vs Binance (2025): Fees, Security, and Trading Comparison
- MEXC vs Binance are two popular cryptocurrency exchanges offering traders various trading options, features, and services with competitive tools and functionalities.
- MEXC supports over 2,800 cryptocurrencies, allows anonymous trading without KYC, and offers low fees for spot and futures trading.
- Binance features extensive tools, high liquidity, massive trading volume, supports over 1,300 trading pairs, and various trading options like spot, margin, futures, staking, and earning.
- Differences between MEXC and Binance include fee structures, number of supported cryptocurrencies, security levels, and user experiences.
- MEXC has lower trading fees even for low-volume traders, while Binance uses a tiered fee system based on trading volume.
- Both exchanges offer deposit options without fees for most cryptocurrencies, but Binance's fiat deposit fees vary by payment method and currency.
- MEXC boasts competitive trading fees, with zero fees for specific trading pairs, while Binance offers tiered fees based on trading volume and discounts for BNB holders.
- Withdrawal fees on both platforms vary by cryptocurrency and network used, subject to change based on blockchain conditions.
- MEXC's best features include deep altcoin liquidity, low fees, MEXC Launchpad, copy trading, and various futures trading options.
- Binance's notable features include Binance web3 wallet, NFT marketplace, high liquidity, BNB vault, and diverse earning opportunities like staking and savings.
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26 Likes
Cryptopotato
4w
200
Image Credit: Cryptopotato
Binance Users Targeted in Latest SMS Spoofing Scam
- Several Binance users have fallen victim to an SMS spoofing attack.
- Phishing texts disguised as legitimate Binance communications were sent to users.
- Users were tricked into setting up a SafePal wallet and transferring their assets for investigation.
- The incident occurred shortly after the Bybit hack, and phishing scams remain a significant threat to crypto users.
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12 Likes
Changelly
4w
93
Image Credit: Changelly
12 Best NFTs to Invest in 2025
- The article discusses the rise of NFTs and provides insights into how investors can choose the best NFTs to invest in, focusing on aspects like rarity and platform popularity.
- It lists prominent NFT collections like CryptoPunks, Bored Ape Yacht Club, Mutant Ape Yacht Club, NodeMonkes, Bitcoin Puppets, and others, highlighting their unique features and popularity.
- For example, CryptoPunks, developed by Larva Labs, has become a staple in the NFT community for its iconic pixelated designs and scarcity of only 10,000 available assets.
- Bored Ape Yacht Club and The Bored Ape Kennel Club, created by Yuga Labs, have gained popularity with their community-driven models and rare hand-drawn ape and dog characters, respectively.
- Mutant Ape Yacht Club, Bitcoin Puppets, Pudgy Penguins, Invisible Friends, Mad Lads, Stepn, Moonbirds, Silks, and The Captainz are also detailed for their unique offerings in the NFT space.
- The article includes guidance on factors to consider when investing in NFTs, such as rarity, popularity, utility, personal preference, and liquidity, along with risks associated with NFT investments.
- It also provides insights on how to sell NFTs as an investment, emphasizing the importance of timing, marketplace selection, pricing strategy, presentation, and leveraging scarcity and smart contracts.
- The potentials of investing in NFTs, including scarcity, access to new markets, transparency, and high returns, as well as risks like high volatility, lack of liquidity, and cultural value fluctuations, are highlighted in the article.
- Moreover, the article touches on the current market trends, the importance of researching NFT projects before investing, and the need for strategic selling approaches in the ever-evolving NFT space.
- It also provides insights on how to buy NFTs, emphasizing the selection of the right NFT piece and marketplace, and the significance of having a reliable NFT wallet for secure transactions.
- The NFT industry is portrayed as dynamic and filled with opportunities for investors while cautioning about potential pitfalls and the importance of staying informed and proactive in the NFT ecosystem.
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5 Likes
Bitcoinik
4w
93
Image Credit: Bitcoinik
Binance co-founder proposes new crypto tokens issuance mechanism
- Changpeng Zhao (CZ) shared a new crypto token issuance idea.
- CZ's proposed mechanism has steps to unlock 5% tokens if the token price remains 2x stable for 30 days.
- Binance co-founder believes his mechanism has a better ability to stop price downfall.
- CZ clarified that it is just a theoretical idea and currently, there are no plans for implementation in any new crypto token project.
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5 Likes
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