Shin Hyun-song, the newly appointed Governor of the Bank of Korea, expresses support for central bank digital currencies (CBDCs) and tokenized deposits. The Bank of Korea is set to advance its pilot project “Project Hangang,” focusing on a blockchain-based wholesale CBDC system. Geopolitical risks and their effects on the economy...
Author: Charlie Davis
Yuga Labs Settles Prolonged NFT Dispute: What You Need to Know!
Highlights Bored Ape Yacht Club creator Yuga Labs has settled its lawsuit with artists Ryder Ripps and Jeremy Cahen. The settlement includes a ban on the use of Yuga Labs' imagery and a mandate to transfer NFT assets back to Yuga Labs. This legal battle, which began in June 2022,...
Breaking: DOJ Exits OpenSea NFT Insider Trading Investigation!
US prosecutors have decided not to pursue a retrial against Nathaniel Chastain, a former manager at the nonfungible token platform OpenSea, in a case that involved wire fraud and money laundering allegations. This decision follows a significant July ruling by a federal appeals court that overturned Chastain's prior convictions. According...
