NFT Sales Soar: January 2023 Reaches Nearly $1 Billion in 30 Days With 41% Increase
Non-fungible token (NFT) sales increased 41.96% from the previous month, according to data recorded on Feb. 1, 2023. NFT sales reached nearly $1 billion in 30 days, with an approximate total of $997.53 million. Additionally, the number of digital collectible transactions rose more than 22% in the past month. Bored Ape Yacht Club Dominates, Ethereum Leads With 78% of Total NFT Sales in January 2023 NFT sales mirrored those of crypto...
London Crowned World’s Leading Cryptocurrency Hub, According to Study
According to research from Recap, a cryptocurrency tax software company, London has become the world’s leading hub for cryptocurrencies. The researchers analyzed eight indicators, including the number of cryptocurrency businesses and the quantity of cryptocurrency ATMs in each country. Key Findings of Recap’s Study on Global Cryptocurrency Hubs Crypto tax firm Recap released a research report on Jan. 25, 2023, highlighting the top...
Britain Announces Plans for ‘Robust’ Crypto Rules, Launches Consultation
The U.K. has unveiled “ambitious plans” to “robustly regulate” various crypto activities, while seeking to protect customers and grow its economy. In the next three months, British authorities will accept public feedback on the new regulatory proposals designed to govern digital assets like traditional finance. British Government Sets Out to Regulate Crypto Market, Remains Committed to Innovation The executive power in London has...
Top Russian Official Thanks Pirates For Enabling Access to ‘Enemy’ Content
Russia’s invasion of Ukraine coupled with retaliatory measures and dangerous brinkmanship threatens to destabilize the entire planet. When a broad coalition of countries imposed sanctions on Russia last year, the goal was to limit Putin’s ability to wage war without resorting to war itself. Sanctions were ostensibly crafted to curtail military capability while meting out punishment to Russia’s elite. They were never likely to deliver...
U.S. Identifies Top Pirate Sites and Other ‘Notorious Markets’
Every year, the Office of the United States Trade Representative (USTR) publishes a list of ‘notorious markets’ that facilitate online piracy and related intellectual property crimes. Drawing on input from copyright holders, the report includes a non-exclusive overview of sites and services that are believed to be involved in piracy or counterfeiting. For more than a decade we have covered the online part of the report. Traditionally,...
