The “complete lack of end-user demand for Helium should not have come as a surprise,” noted Web3 critic Liron Shapira.
Danny Talwar from crypto tax platform Koinly said Japan’s regulatory environment makes it difficult for businesses and individual investors to hold digital assets in Japan.
The sudden dramatic spike in active addresses on the network has left many guessing about the cause.
Almost half of the buyers of Hirst’s “The Currency” collection wanted to keep the NFT version.
The Fed’s attempts to reel inflation in by increasing interest rates are usually associated with a pullback of investment activity across markets.
“This is obviously a very expensive undertaking over the next several years,” said Mark Zuckerberg.
IMF Director Tobias Adrian believes uncollateralized and algorithmically-stabilized stablecoins pose too great a threat to holders and may experience further sell-offs.
Michael Bacina, an Australian digital assets lawyer told Cointelegraph that the investigation could see a far-reaching impact on crypto exchanges and the token projects involved.
The government watchdog previously filed a lawsuit against the social media giant in 2020 for alleged “anticompetitive conduct” in its acquisitions of WhatsApp and Instagram.
“Blockchain is decentralised and doesn’t obey any governments, so no embargo affects us there”, NFT artist Gabriel Bianchini explained.