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A nonfungible token (NFT) collector by the name of Robbie Acres is initiating legal action against the OpenSea NFT marketplace for a number of alleged transgressions, one of which is that he was prevented from accessing his account for more than three months as a result of falling prey to a phishing scheme. He said …

OpenSea sued for $500,000 by NFT collector for negligence Read More »

A hacker has allegedly moved stolen funds from six years ago from one wallet to another. In the details published by Chainalysis, the hacker accumulated the funds in a string of operations since 2016. The data analysis website noted that the $90 million worth of funds sprang to life over the last few days in …

Hacker moves stolen $90 million after six years Read More »

Solana price analysis shows strong signs of a continued upward run as price rose more than 3 percent over the past 24 hours to move as high as $25.21. Since the start of January, Solana price has increased from $9.37 to a high of $26.54 on January 21, incurring a 183 percent rise. However, the …

Solana price analysis: SOL on the up to target resistance at $27 Read More »

According to the recent “MENA Investor Survey 2022-2023” report, 50% of all 83 fund managers and venture capitalists surveyed in the MENA region are already planning to increase their investments in blockchain infrastructure, metaverse projects, and decentralized finance in 2023. However, this is a testament to blockchain technology’s prevalence—inspiring investors worldwide. Despite the global economic …

Middle East and North America (MENA) venture capitalists to increase crypto investments in 2023 Read More »

Avalanche price analysis shows that the AVAX/USD pair is currently in a bullish trend, with prices rising steadily above $18.63. This indicates that buyers are in control of the market and are likely to push prices higher in the near future. The resistance level is seen at $18.72, which if broken could lead to a …

Avalanche price analysis: AVAX increases sharply as bullish momentum soars to $18.63 Read More »

TL;DR Breakdown Polkadot price analysis suggests upwards movement to the $6.60 resistance again The closest support level lies at $6.400 DOT faces resistance at the $6.727 mark The Polkadot price analysis shows that the DOT price action has fallen below the $6.500 level, but the bulls find short-term support at $6.400 mark. The broader cryptocurrency …

Polkadot price analysis: DOT finds support at $6.400, bulls to retest the $6.800 mark Read More »

For a biennial review of the consumer credit card industry, the Consumer Financial Protection Bureau (CFPB) this week requested information from the public on various aspects of its experience with credit cards, be they consumers, industry, or advocates. © Shutterstock In particular, the CFPB seeks feedback on: Terms of credit card agreements and credit card issuer […]

The post Consumer Financial Protection Bureau requests public input in consumer credit card market review appeared first on Financial Regulation News.

U.S. Sens. Sherrod Brown (D-OH), Ben Cardin (D-MD), and Patty Murray (D-WA) Tuesday reintroduced the Restaurant Revitalization Tax Credit Act, which seeks to provide restaurant tax relief.© Shutterstock The bill would establish a special tax credit available to businesses that have applied for the Small Business Administration (SBA) Restaurant Revitalization Fund (RRF) program but could […]

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A group of Republican lawmakers recently reintroduced the Stop the Nosy Obsession with Online Payments (SNOOP) Act.© Shutterstock The legislation stems from tax code provisions within the American Rescue Plan (ARP) requiring third-party payment platforms to report businesses’ gross transaction volumes totaling over $600 to the Internal Revenue Service (IRS). U.S. Sens. Bill Hagerty (R-TN), […]

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A group of lawmakers recently forwarded correspondence to the Securities and Exchange Commission (SEC), citing opposition to several proposed domestic equity market structure revisions.© Shutterstock U.S. Sens. Kevin Cramer (R-ND), Bill Hagerty (R-TN), Thom Tillis (R-NC), Mike Crapo (R-ID), and Cynthia Lummis (R-WY) signed off on the letter to SEC Chair Gary Gensler. “U.S. equity […]

The post Republican legislators oppose proposed equity market structure revisions appeared first on Financial Regulation News.