Numerous jurisdictions globally have intensified their initiatives to oversee the digital assets industry. Similarly, in Germany, the financial watchdog has released directives to govern the regulatory handling of cryptocurrencies, encompassing measures to prevent money laundering and terrorist financing. The regulatory…
According to a Friday report, the Tax Authorities revealed that they are investigating NFT creators facing possible allegations of tax evasion. The two NFT creators have been accused of failing to file tax revenue returns of up to NIS eight…
The metaverse has gained much traction in the past few years, especially in the last few months. Big companies like Apple and Amazon have joined the hype, but smaller users are shifting their mentality toward the metaverse. As more and…
Columbia’s First Metaverse Court Case Columbia is pushing the boundaries of innovation by holding its first-ever metaverse court case. The trial concerns a dispute over virtual property ownership within the metaverse. The metaverse is a growing digital world where people…
As the world continues to embrace the metaverse concept, it is important to note that this virtual space is not immune to criminal activities. With more people joining the metaverse every day, criminals are finding new ways to exploit the…
The rise of the metaverse has promised a new, digital frontier where anything is possible. With endless possibilities for users to interact with each other and digital assets, the metaverse is set to become a truly democratic space. However, questions…
Nowadays, it is common that we talk about a hack in the crypto sector every other day. Well, the latest victim is the Azuki NFT project. According to a statement from the company, the hack has netted the project over…
The metaverse, coined by science fiction author Neal Stephenson, is a virtual reality world where people can interact and engage in activities. The metaverse is seeing a growing interest among investors as daily reports point towards a boom. A recent…
AML and NFTs NFTs have recently been gaining much traction for their ability to represent unique digital assets, such as digital art, collectibles, and virtual real estate. However, the potential use cases for NFTs go far beyond just digital collectibles.…
NFTs are popping out everywhere, with more celebrities joining the fad daily. It is common to see celebrities create art to take advantage of their massive following. Celebrities like The latest installment in this moving franchise is Edward Snowden’s Pentagon…