Sony Music files trademark application for NFT-authenticated music

Sony Music files trademark application for NFT-authenticated music

American music giant Sony Music Entertainment has signaled intentions to utilize non-fungible tokens (NFTs) after filing a trademark application covering music and artists under the Columbia Records logo.  According to an Aug. 30 trademark application to the United States Patent and Trademark Office (USPTO) shared by trademark attorney Mike Kondoudis on…

UK advertising watchdog cites 2 former reality stars for crypto ads on Instagram stories

UK advertising watchdog cites 2 former reality stars for crypto ads on Instagram stories

The United Kingdom’s independent advertising regulator has upheld a complaint involving former reality show Love Island contestants Eve and Jessica Gale for “triviali[zing] investment in cryptocurrency.” In a Wednesday notice, the U.K. Advertising Standards Authority, or ASA, said the reality stars promoted crypto in an Instagram story in June at…

Why Prince Philip of Serbia is bullish on Bitcoin (not crypto)

Why Prince Philip of Serbia is bullish on Bitcoin (not crypto)

Philip Karageorgevitch, Hereditary Prince of Serbia and Yugoslavia, is a strong proponent of Bitcoin while he criticizes altcoins for being mere attempts to copy the original cryptocurrency.  “People want to make fiat. They want to make money. And so they’re going to use Bitcoin’s technology, Bitcoin’s ideas and try to…

Mt. Gox creditors fail to set repayment date, but markets to remain unaffected

Mt. Gox creditors fail to set repayment date, but markets to remain unaffected

Eight years ago, in 2014, the crypto world was rocked by the crippling hack of Mt. Gox, a popular Bitcoin (BTC) exchange, which was forced to shut down after miscreants were able to make away with approximately 850,000 BTC, worth more than $16 billion at today’s exchange rates.  At the…

The metaverse is the future — but are current platforms failing users?

The metaverse is the future — but are current platforms failing users?

The metaverse has potential to transform the way we work, socialize, party and even do business — but looking at the infrastructure that exists right now, and some would accuse this industry of running before it can even walk. Many virtual worlds are making bold promises about what they plan…

Celsius co-founder declares his equity is ‘worthless’ in court

Celsius co-founder declares his equity is ‘worthless’ in court

A Celsius Network co-founder has moved in court to declare the entirety of his equity stake in the embattled crypto company as “worthless.”  In a Sept. 5 document to the United States Bankruptcy Court, law firm Kirkland & Ellis LLP filed a declaration on behalf of Celsius Co-Founder Daniel Leon,…

Bitcoin price falls under K as data shows pro traders avoiding leverage longs

Bitcoin price falls under $19K as data shows pro traders avoiding leverage longs

An $860 surprise price correction on Sept. 6 took Bitcoin (BTC) from $19,820 to $18,960 in less than two hours. The movement caused $74 million in Bitcoin futures liquidations at derivatives exchanges, the largest in almost three weeks. The current $18,733 level is the lowest since July 13 and marks…