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“Bybit responded to the OSC’s enforcement action, maintained an open dialogue, provided requested information, and committed to engaging in registration discussions,” said the OSC. The Ontario Securities Commission, or OSC, issued financial penalties against Bybit and Kucoin, claiming violations of …

Earlier this week, Meta also announced it would join with other tech companies to create a Metaverse standards body. Instagram’s parent company, Meta, announced Wednesday that it will begin testing NFTs on Instagram Stories using its augmented reality platform Spark AR. CEO …

Yahoo Hong Kong executive Lorraine Cheung said that activities in the Metaverse are seen by Hong Kong residents as a good alternative to social interaction amid the pandemic. This week’s newsletter highlights Yahoo’s plans to get involved in nonfungible tokens (NFTs) …

Voyager announced that Three Arrows Capital owes the firm 15,250 BTC and $350 million USDC. Trading platform Voyager Digital takes a loan from trading firm Alameda Research because of its exposure to crypto venture capital firm Three Arrows Capital (3AC).  …

BTC and select altcoins attempted a reversal, but are facing heavy selling at higher levels, which is proof that bears remain in control of the wider market. Bitcoin (BTC) continues to face a tough battle near the psychological level of …

Kareem Sadek and Kunal Bhasin said the team had seen “a lot of momentum” around the tokenization of assets but was also considering the potential growth of NFTs and the Metaverse. The Canadian operations of Big Four auditor Klynveld Peat …

Falling prey to a fraudulent link can be devastating to one’s personal investment portfolio. Here are three ways a hard wallet can protect you. The explosiveness and high dollar value of nonfungible tokens (NFTs) seem to either distract investors from …

The firm said it was starting a “Crypto Incident Response” hotline to “help bring bad actors to justice and demonstrate that crypto is not the asset class of anonymity and crime.” Blockchain analytics firm Chainalysis has launched a hotline that …

The company enables artists and collectors to create, purchase and resell NFTs via blockchain-enabled transactions. eBay, an e-commerce giant, has announced the acquisition KnownOrigin, a nonfungible token (NFT) marketplace that will help the e-commerce company foray further into the world …

NFTs and DeFi have taken the world by storm in recent years, but both industries have downsides. Bringing them together could be a force for good. Ask someone what an NFT is, and they’ll instinctively think of digital art — …