Ian Rogers, former consultant and chief digital officer of the Louis Vuitton Group (LVMH), said in a recent interview that Bernard Arnault, president and CEO of LVMH, owns an NFT unknown to the outside world, and he has voluntarily displayed his OpenSea page.

Toy NFT market Cryptoys announced that it will cooperate with Disney to sell digital toys based on the three most iconic characters in the "Star Wars" series of movies. Cryptoys says it will release “15 limited-edition collectible digital toys of Luke Skywalker, Princess Leia and Darth Vader.” In addition, according to Cryptoys official news, the above encrypted toys will be released on May 24, each priced at $39.99.

In an interview with Consensus announcing the new product, PayPal Senior Vice President Jose Fernandez da Ponte said that PayPal will provide consumers with voluntary Reg E insurance for up to $50,000 in cryptocurrency transactions. Late last month, PayPal announced that it would offer encrypted money transfers to Venmo customers. PayPal is the first company to promise to compensate users for any losses incurred by unauthorized cryptocurrency transfers. Reg E refers to Regulation E, a federal...

Ethereum fork network ETHW (EthereumPoW) has not made any software commitments to improve its Geth client on GitHub since its fork in September 2022. The Block article stated that while the absence of a commit published on GitHub does not mean that there is a problem, it may indicate that the EthereumPoW team may be facing challenges or not trying to enhance the Geth code.

The Federal Deposit Insurance Corporation (FDIC) said in a report on Friday that Signature Bank's collapse was due to mismanagement and "contagion effects" from the collapse of Silicon Valley Bank and Silvergate Bank. The FDIC said Signature Bank relied heavily on uninsured deposits, did not have strong liquidity risk management practices, and generally had poor risk management. All this was exacerbated by runs triggered by other bank failures. Additionally, Signature Bank’s provision of...

The proposal reached by the French Senate Economics Committee on Wednesday, which would allow crypto companies to pay KOLs for publicity if they are registered or have a license issued by the regulator, will be brought to the plenary of the Senate when it is discussed next week. It is reported that the bill must be approved by the Senate and Parliament before it can be passed into law.

Coinbase Layer 2 network Base tweeted that the Base Goerli test network Regolith has completed a hard fork. This upgrade strengthens block formation on Base, making deposit transactions easier to track. It is reported that this is the first hard fork of the test network, which aims to make Base more secure and reliable. According to previous news, due to a misconfiguration of the Sequencer, the Regolith hard fork upgrade originally scheduled for April 28 at 01:00 Beijing time was not activate...

Opside, a decentralized ZK-RaaS platform, discloses its token economics. Opside’s IDE token distribution includes 10% for venture capital, 14% for the team, 15% for the community, 28% for the foundation, and 33% for the foundation. As a reward for validators and miners. Hybrid PoS and PoW consensus divides block rewards between validators and miners and is based on a dynamic ratio of ZKP computing power demand and supply. Opside provides a unified ZKP computing power market for numerous ZK-Ro...

Toy NFT market Cryptoys announced that it will cooperate with Disney to sell digital toys based on the three most iconic characters in the "Star Wars" series of movies. Cryptoys says it will release “15 limited-edition collectible digital toys of Luke Skywalker, Princess Leia and Darth Vader.” In addition, according to Cryptoys official news, the above encrypted toys will be released on May 24, each priced at $39.99.

Coinbase Layer 2 network Base tweeted that the Base Goerli test network Regolith has completed a hard fork. This upgrade strengthens block formation on Base, making deposit transactions easier to track. It is reported that this is the first hard fork of the test network, which aims to make Base more secure and reliable. According to previous news, due to a misconfiguration of the Sequencer, the Regolith hard fork upgrade originally scheduled for April 28 at 01:00 Beijing time was not activate...

Opside, a decentralized ZK-RaaS platform, discloses its token economics. Opside’s IDE token distribution includes 10% for venture capital, 14% for the team, 15% for the community, 28% for the foundation, and 33% for the foundation. As a reward for validators and miners. Hybrid PoS and PoW consensus divides block rewards between validators and miners and is based on a dynamic ratio of ZKP computing power demand and supply. Opside provides a unified ZKP computing power market for numerous ZK-Ro...

The proposal reached by the French Senate Economics Committee on Wednesday, which would allow crypto companies to pay KOLs for publicity if they are registered or have a license issued by the regulator, will be brought to the plenary of the Senate when it is discussed next week. It is reported that the bill must be approved by the Senate and Parliament before it can be passed into law.

Ian Rogers, former consultant and chief digital officer of the Louis Vuitton Group (LVMH), said in a recent interview that Bernard Arnault, president and CEO of LVMH, owns an NFT unknown to the outside world, and he has voluntarily displayed his OpenSea page.

In an interview with Consensus announcing the new product, PayPal Senior Vice President Jose Fernandez da Ponte said that PayPal will provide consumers with voluntary Reg E insurance for up to $50,000 in cryptocurrency transactions. Late last month, PayPal announced that it would offer encrypted money transfers to Venmo customers. PayPal is the first company to promise to compensate users for any losses incurred by unauthorized cryptocurrency transfers. Reg E refers to Regulation E, a federal...

The Federal Deposit Insurance Corporation (FDIC) said in a report on Friday that Signature Bank's collapse was due to mismanagement and "contagion effects" from the collapse of Silicon Valley Bank and Silvergate Bank. The FDIC said Signature Bank relied heavily on uninsured deposits, did not have strong liquidity risk management practices, and generally had poor risk management. All this was exacerbated by runs triggered by other bank failures. Additionally, Signature Bank’s provision of...

Ethereum fork network ETHW (EthereumPoW) has not made any software commitments to improve its Geth client on GitHub since its fork in September 2022. The Block article stated that while the absence of a commit published on GitHub does not mean that there is a problem, it may indicate that the EthereumPoW team may be facing challenges or not trying to enhance the Geth code.

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced on Monday that it has reached a settlement with Poloniex, LLC, a U.S. entity previously affiliated with the encryption exchange Poloniex, for violations of sanctions. Poloniex agreed to pay a $7.59 million settlement. OFAC said the platform had nearly 66,000 violations of the sanctions program. Between January 2014 and November 2019, Poloniex allowed clients in Crimea, Cuba, Iran, Sudan and Syria to conduc...

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced on Monday that it has reached a settlement with Poloniex, LLC, a U.S. entity previously affiliated with the encryption exchange Poloniex, for violations of sanctions. Poloniex agreed to pay a $7.59 million settlement. OFAC said the platform had nearly 66,000 violations of the sanctions program. Between January 2014 and November 2019, Poloniex allowed clients in Crimea, Cuba, Iran, Sudan and Syria to conduc...

According to the official website of the US SEC, this Friday, the SEC filed settlement charges against the encryption ATM company Coinme, the encryption project Up Global, and Neil Bergquist, the head of the two companies, and fined a total of nearly $4 million. The SEC accused Up Global of misleading investors in the 2017 ICO and engaged in unregistered sales of encrypted asset securities, in which Coinme was jointly and severally liable, and Bergquist was also prohibited from serving as a d...

According to the official website of the US SEC, this Friday, the SEC filed settlement charges against the encryption ATM company Coinme, the encryption project Up Global, and Neil Bergquist, the head of the two companies, and fined a total of nearly $4 million. The SEC accused Up Global of misleading investors in the 2017 ICO and engaged in unregistered sales of encrypted asset securities, in which Coinme was jointly and severally liable, and Bergquist was also prohibited from serving as a d...

Abdulkadir Abbas, director of securities and investment services at the Nigerian Securities and Exchange Commission, said in an interview that the agency is considering allowing the issuance of tokens backed by assets such as equity and debt on licensed digital exchanges, but not "cryptocurrencies." We always like to come up with a very simple and clear proposal first, and then move on to complex issues." The move could lure digitally savvy people into buying local assets, including stocks, t...

Abdulkadir Abbas, director of securities and investment services at the Nigerian Securities and Exchange Commission, said in an interview that the agency is considering allowing the issuance of tokens backed by assets such as equity and debt on licensed digital exchanges, but not "cryptocurrencies." We always like to come up with a very simple and clear proposal first, and then move on to complex issues." The move could lure digitally savvy people into buying local assets, including stocks, t...

On-chain structured financial product provider OpenTrade has raised more than $1.5 million in a funding round led by crypto-native venture capital firm Sino Global Capital. Other backers in the round include Circle Ventures, Kronos Research, Kyber Ventures, Polygon Ventures, and Outlier Ventures. The funding will help OpenTrade expand its operations ahead of its launch later this year. OpenTrade's initial offerings will include liquidity pools in U.S. Treasury bills, investment-grade com...

On-chain structured financial product provider OpenTrade has raised more than $1.5 million in a funding round led by crypto-native venture capital firm Sino Global Capital. Other backers in the round include Circle Ventures, Kronos Research, Kyber Ventures, Polygon Ventures, and Outlier Ventures. The funding will help OpenTrade expand its operations ahead of its launch later this year. OpenTrade's initial offerings will include liquidity pools in U.S. Treasury bills, investment-grade com...