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NFT News
TheNewsCrypto
1M
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SEC Drops OpenSea Investigation and NFTs Enter a New Era
- The U.S. Securities and Exchange Commission (SEC) has dropped its investigation into OpenSea without classifying NFTs as securities.
- The move is considered a victory for the NFT industry, although regulatory uncertainty remains.
- SEC's decision comes following the recent dropping of a lawsuit against Coinbase, indicating a potential shift in the regulatory approach to crypto-related enforcement.
- OpenSea has established a $5 million legal defense fund to support NFT developers and creators, addressing concerns about regulatory challenges.
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12 Likes
Dev
1M
441
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Is the Binance Effect Dead? Why New Listings No Longer Guarantee Profits
- Tokens listed on Binance are no longer guaranteeing profits for investors.
- Researchers suggest that tokens are listed to provide 'exit liquidity' for Venture Capitalists rather than promoting long-term growth.
- Recent analysis shows double-digit gains followed by significant declines for tokens listed on Binance.
- Binance's founder acknowledges the issues with token listing process and its impact on price movements.
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26 Likes
Massivelyop
1M
247
EVE Frontier makes an 18-minute case to play this blockchain hardcore MMO
- EVE Frontier is a blockchain hardcore MMO set in CCP's EVE universe.
- CCP provides an extended look at their vision for EVE Frontier, a space survival MMO.
- EVE Frontier is offering a free 10-day trial period for players who sign an NDA.
- CCP will be giving a 2025 Roadmap Update for EVE Frontier in an upcoming livestream.
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14 Likes
TronWeekly
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72
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Crypto Win: SEC Drops High-Stakes Controversial Crypto Broker-Dealer Rule
- The U.S Securities and Exchange Commission (SEC) has withdrawn its appeal of a Texas federal court ruling that blocked its broker-dealer rule for cryptocurrencies.
- The controversial rule sought to expand the SEC's oversight to decentralized finance platforms and automated market makers.
- Industry groups including the Blockchain Association and Crypto Freedom Alliance of Texas celebrated the withdrawal as a victory for the crypto industry.
- This decision reflects a shift in the SEC's regulatory strategy towards a more collaborative approach under new leadership.
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4 Likes
Hackernoon
1M
261
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The HackerNoon Newsletter: IBM Researchers Create Mini AI Model That Predicts the Future (2/21/2025)
- IBM Researchers have created a mini AI model that can predict the future.
- A project called Web IDE enables running code in the cloud without overheating laptops.
- China and the U.S. are racing towards AI dominance, with different approaches.
- Review of NFT Paris 2025, showcasing NFTs, tokenization, AI, and innovation, but facing onboarding challenges.
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15 Likes
Crypto-News-Flash
1M
153
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Binance.US Restores USD Services – XRP, BTC, SOL & ETH in Focus
- Binance.US has resumed USD deposits and withdrawals after an 18-month suspension caused by regulatory challenges.
- The exchange secured new banking partnerships, allowing users to trade USD pairs and access features.
- The suspension was a result of a lawsuit filed by the U.S. Securities and Exchange Commission (SEC) regarding operating without proper registration.
- The return of USD services is an effort by Binance.US to reestablish financial stability and regain user confidence.
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9 Likes
Crypto-News-Flash
1M
72
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The Story of Devin Finzer: From Pinterest to OpenSea
- Devin Finzer co-founded OpenSea in 2017, revolutionizing NFT trading and supporting creators through blockchain innovation.
- OpenSea faces challenges like regulatory scrutiny and competition, but Finzer remains committed to advancing the NFT ecosystem.
- Finzer's early career included creating CourseKick and working as a software engineer at Pinterest.
- OpenSea, under Finzer's leadership, has experienced significant growth and raised $300 million in Series C funding.
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4 Likes
Crypto-News-Flash
1M
189
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OpenSea Reclaims 71.5% of Ethereum NFT Market in 4 Weeks
- OpenSea has reclaimed 71.5% of the Ethereum NFT market share in just four weeks, after facing competition.
- The surge in market share coincided with the announcement of the SEA token on February 13, 2025.
- OpenSea's daily trading volume has increased from $3.47 million to $17.4 million, along with a rise in daily transactions.
- OpenSea has faced community backlash for wash trading and regulatory threats from the SEC, which could impact their future dominance.
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11 Likes
Hackernoon
1M
121
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NFT Paris 2025 Review: An Amazing Event, But Onboarding Normies? We’ve Got Work to Do
- NFT Paris 2025 brought community and innovation to life, highlighting onboarding struggles in Web3 for mass adoption.
- The event featured 20,000 attendees, 150 booths, 400 speakers, and 200 side events at La Grande Halle de la Villette in Paris.
- Apart from NFTs, the event covered Real World Assets (RWAs), Bitcoin Ordinals, and AI, with engaging panel discussions.
- Positive takeaways included advancements in tokenization and standout projects like BitcoinOS's ZK-Proofs implementation.
- Marketing strategies of projects like Rekt showcased effective ways to engage participants through simple methods.
- One major challenge identified was the cumbersome onboarding process for newcomers, hindering broader adoption.
- A firsthand experience revealed difficulties in minting a free NFT due to wallet compatibility issues, underscoring the need for user-friendly interactions.
- The event emphasized the importance of seamless user experiences in web3 to attract and retain a wider audience.
- While NFT Paris highlighted the industry's progress, it also underscored the ongoing work needed to make web3 accessible and appealing to all users.
- The event was commended for its community-building aspect and informal atmosphere, with a focus on trends and challenges in the crypto space.
- NFT Paris serves as a reminder of the advancements made and the steps still required to enhance the accessibility and user experience of web3 applications.
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7 Likes
TheNewsCrypto
1M
157
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Binance Square Introduces Trader Profiles Feature for Transparent and Informed Trading
- Binance Square has introduced Trader Profiles, a feature that promotes responsible behavior, transparency, and trust.
- Trader Profiles allow users to display trading portfolios, performance metrics, and Trader Badges.
- The feature provides a breakdown of asset allocations, performance data, and trader recognition.
- Traders can customize the information shared, establish credibility, and attract followers.
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9 Likes
Global Fintech Series
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253
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Fintech Startup Fomo Raises $2M From 140+ Investors in Successful Pre-Seed Round
- Fintech startup Fomo has raised $2 million in a successful pre-seed round.
- Over 140 investors participated in the funding round, including notable figures from the crypto and fintech industries.
- Fomo plans to use the funding to further develop its financial platform and expand its user base.
- The startup has a team of experienced engineers and operators from top companies in the industry.
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14 Likes
Silicon
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135
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Nigeria Sues Binance For $81.5bn For Economic Losses, Back Tax
- Nigeria has filed a lawsuit against Binance, seeking $79.5bn for economic losses and $2bn in back taxes.
- Binance had issued a cease and desist notice to a company called 'Binance Nigeria Limited', claiming it was a scammer entity.
- Nigeria accuses Binance of tax evasion and fixing exchange rates, leading to the devaluation of the local currency.
- Binance is also facing separate charges of money laundering, which the company denies.
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8 Likes
Cryptopotato
1M
288
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SEC Launches Cyber and Emerging Technologies Unit to Combat Cyber Fraud and Crypto Scams
- The US Securities and Exchange Commission (SEC) has announced the launch of the Cyber and Emerging Technologies Unit (CETU) to combat cyber-related fraud and protect retail investors from risks in emerging technologies.
- CETU, headed by Laura D'Allaird, replaces the Crypto Assets and Cyber Unit and focuses on fraud involving artificial intelligence, machine learning, blockchain technology, and crypto-related scams.
- The unit will also address cyber threats such as hacking for nonpublic information, retail brokerage account takeovers, and fraudulent schemes using social media, the dark web, and fake websites.
- The SEC's creation of CETU is part of their efforts to protect investors, support capital formation and market efficiency, and prevent the misuse of innovation to harm investors and undermine confidence in new technologies.
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17 Likes
Livebitcoinnews
1M
248
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Binance CEO Meets Hong Kong Police for Crime Prevention
- Binance strengthens cybersecurity ties with Hong Kong Police.
- Binance CEO, Richard Teng, meets Chief Superintendent Raymond Lam Cheuk Ho of Hong Kong Police to develop stronger collaboration in combating financial crimes and enhancing virtual asset security.
- Collaboration aims to improve blockchain ecosystem cybersecurity defense capabilities and confront sophisticated cyber threats.
- Binance actively supports law enforcement operations and reinforces global law enforcement partnerships to enhance financial security and prevent cybercrimes.
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14 Likes
Medium
1M
261
Image Credit: Medium
The Road to $BFT Listing: Tradeable Proxy $BFT, Farm Leaderboard & FLEX Sale Jackpot!
- Proxy $BFT becomes tradable for a limited time until February 28, at a 1:1 ratio with real $BFT.
- The $BFT Farm Leaderboard is live from February 20 to February 28, offering NFT rewards for participants based on their rank.
- A FLEX Jackpot Sale is launching on February 21, allowing users to purchase packs with a chance to win up to 20,000 FLEX.
- More events and surprises are expected as the $BFT listing approaches, with opportunities for users to download and play the BOSS FIGHTERS game.
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15 Likes
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