Hong Kong court orders financial disclosures in Mantra Chain dispute

The court said the DAOs financial details should be known to both sides as they hash out ownership and control issues.

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Bitfinex to List DOP, Native Token of Data Ownership Protocol (DOP)

Bitfinex announces it will be among the first to list DOP, the native token of the Data Ownership Protocol, enhancing user control over digital assets. (Read More)

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HK police arrest 4, including teen, in HK$11M crypto fraud

The authorities continue to urge the public to remain cautious and verify the legitimacy of financial transactions to avoid falling victim to such elaborate scams.

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The Sandbox raises $20M at $1B valuation, promises to expand creator economy

During a period when major metaverse projects are struggling to gain traction following the bear market of 2022 to 2023, Sandbox announced that it has added over 330,000 unique creators.

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Watford FC to make 10% digital equity shares offering via Republic platform

The English Football League participant aims to sell 10% of the clubs equity to investors and fans and plans to add token trading in the future.

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xREnergy up as much as +3,094,634% on first day listed on the XRP Ledger. Ticker : $XRE

xREnergy ($XRE) is a real-world asset (RWA) cryptocurrency on the XRP Ledger (XRPL) that tokenizes ownership in energy-related assets.

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Freeport Launches Crowd-Ownership Platform for Warhol Prints

Freeport has received SEC approval to launch its crowd-ownership blockchain platform for a four-piece collection of Warhol prints, with each piece consisting of 10,000 shares and a minimum purchase of 10 shares per individual. (Read More)

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Qubetics Fixes Web3s Biggest ProblemThe Best Cryptos to Invest in Today as Cardano and Story Innovate!

Qubetics' presale skyrockets past $15M, Cardano experiences a market shift, and Story Protocol expandsare these the best cryptos to invest in today?

The post Qubetics Fixes Web3s Biggest ProblemThe Best Cryptos to Invest in Today as Cardano and Story Innovate! appeared first on Kanalcoin.

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Bitcoin Dump Owner Loses Appeal, Cites Final Legal Resort

A British citizen who mistakenly threw away a hard drive containing Bitcoin worth over $300 million has lost his appeal in the UK court. The man, James Howells, had been seeking permission to search a landfill site for the discarded hard drive, but the court ruled against him. Howells claimed that he accidentally disposed of [...]

The post Bitcoin Dump Owner Loses Appeal, Cites Final Legal Resort appeared first on Crypto Breaking News.

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US Seizes 18 Crypto ATMs Purchased Using Fraudulent SBA Loans — Arrests Owner

U.S. law enforcement has seized 18 cryptocurrency ATMs that were purchased using fraudulent loans from the Small Business Administration (SBA) meant to assist small businesses financially harmed by the Covid-19 pandemic. The loans were also used to purchase bitcoin from a New York-based cryptocurrency exchange, said the U.S. Department of Justice (DOJ). Coindawg’s Crypto ATMs [...]

The post US Seizes 18 Crypto ATMs Purchased Using Fraudulent SBA Loans — Arrests Owner appeared first on Crypto Breaking News.

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Singaporean Judge Declares Crypto Is Personal Property In ByBit Case

In a recent development, a judge of the Singapore High Court has declared that cryptocurrencies are personal properties. The court likened crypto to fiat money, and since fiat passes as personal property, crypto should pass as one, too, the court reasoned.  Genesis Of The Case Judge Philip Jeyaretnam made this declaration in a case that [...]

The post Singaporean Judge Declares Crypto Is Personal Property In ByBit Case appeared first on Crypto Breaking News.

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MeWe social network with 20M users to integrate with Polkadot parachain

The integration is built on DSNP, a protocol created by Project Liberty.

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NFT Sales Drop 5.4% to $193M, Ethereum Dominates with $107M in Sales: Weekly Recap

Over the past week, statistics show non-fungible token (NFT) sales totaled $193.08 million, down 5.44% from the previous week. Ethereum dominated NFT sales with more than $107 million or 55% of all sales, while Solana-centric NFT sales recorded $26.3 million or 13% of sales in the same period. NFT Market Shows Signs of Slowdown With [...]

The post NFT Sales Drop 5.4% to $193M, Ethereum Dominates with $107M in Sales: Weekly Recap appeared first on Crypto Breaking News.

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Texas Lawmaker Launches Resolution to Protect Bitcoin Investors, Support BTC Economy

A legislative proposal has been introduced to support the bitcoin economy in the U.S. state of Texas. “The individuals who own bitcoin should be protected” under the Texas Constitution, the proposal describes. “No citizen of Texas shall ever be deprived of their right to own bitcoin and that all bitcoin owners will be protected as [...]

The post Texas Lawmaker Launches Resolution to Protect Bitcoin Investors, Support BTC Economy appeared first on Crypto Breaking News.

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How blockchain technology revolutionizes digital ownership?

Nonfungible tokens (NFTs) prove ownership by creating a unique digital certificate for a specific asset. A decentralized digital ledger that keeps track of all nonfungible token transactions and ownership changes is used to create each NFT. When generated, an NFT has a unique digital signature, signifying the ownership of the asset it stands for. This [...]

The post How blockchain technology revolutionizes digital ownership? appeared first on Crypto Breaking News.

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The ethics of the metaverse: Privacy, ownership and control

As the metaverse continues to grow and evolve, it is essential that we consider and address the ethical questions and challenges it raises.

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36% of Australians want more crypto regulations: IRCI report

In its 4th issue, the Independent Reserve Cryptocurrency Index (IRCI) 2022 studied over 2,000 Australians to gauge their attitude towards digital assets.

The post 36% of Australians want more crypto regulations: IRCI report appeared first on CryptoSlate.

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‘The social benefits are huge’ — Web3 gaming to shift digital ownership

Immutable co-founder Robbie Ferguson highlights the potential for Web3 gaming to cause a shift in digital property ownership and value sharing.

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JP Morgan invests in $20 million round for digital assets firm Ownera

JP Morgan (NYSE: JPM) is among investors backing Ownera, a digital assets trading platform for tokenised securities, the crypto network announced on Wednesday.

Per a press release, the banking giant joined German-based investment and fund management firm LRC Group and crypto-focused investments firm Accomplice Blockchain in Ownera’s $20 million Series A funding round.

The financing round also attracted investments from Draper Goren Holm, tokentus Investment AG, Archax, Polymorphic Capital, and The Ropart Group.

Ownera is focused on creating an integrated inter-trading network for digital securities, offering an efficient interconnection of siloed tokenisation platforms and trading interfaces. The goal is to have a seamless interoperability across all types of securities tokenisation engines – be it on a public or private blockchain, the firm noted.

The platform also seeks to offer financial institutions a solution through which their clients can access a digital securities wallet. According to Ownera, customers can leverage these tools to securely trade, lend and borrow against any connected set of tokenised assets.

Ownera thus plans to use the capital injection to accelerate development and deployment of its product, which co-founder & CEO, Ami Ben-David commented by stating:

“It is commonly accepted that the tokenisation of securities has the capacity to digitize markets with total value in the trillions of dollars. Dozens of platforms are being deployed by financial institutions across the market, and our job is to be the neutral layer, seamlessly interconnecting them into one global distribution and liquidity network, using open-source network specifications.”

Scott Lucas, the head of Markets DLT at JP Morgan noted that Ownera’s solution has the capacity to positively impact liquid marketplace for tokenised assets. He believes the digital asset firm has developed a product that could enhance multi-chain connectivity as platforms build towards a liquid marketplace.

Lucas and LRC Chairman Nadav Zohar are set to join Ownera’s board, with the latter taking up the Executive Chairman’s position.

The post JP Morgan invests in $20 million round for digital assets firm Ownera appeared first on Invezz.

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A slice of the punk: CryptoPunk NFT to be split into 56,000 pieces

A valuable CryptoPunk NFT is to be fractionalized as more than 56,000 addresses sign up for a share of ownership.

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