The crypto industry is currently abuzz with XRP, which is on track to hit $15. BlockTraderHub.com, your one stop shop for all things crypto intelligence, is here to help clarify the elements driving this big price target. Fresh on the heels of a favorable settlement agreement with the SEC and...
DraftKings will pay a $10 million settlement to settle a class-action lawsuit focused on its Reignmakers NFTs. In late March of 2023, lead plaintiff Justin Dufoe filed the lawsuit. According to him, these NFTs fit the legal definition of an investment contract and therefore should be considered securities under U.S....
NFTs are a complex and rapidly evolving space. Many recent legal and regulatory events are shifting individuals understanding of and approach to regulating these new digital assets. BlockTraderHub.com is here to break down a significant event: the DraftKings NFT settlement. This post will explore the nuts and bolts of this...
Picture a pretty typical dude, we’ll call him Mark, who likes playing fantasy sports. He witnessed the frenzy that was DraftKings’ Reignmakers NFTs – digital player cards that offered holders exclusive access to contests and chances of real-world value. He spent a few hundred dollars, perhaps even a thousand, on...
Panama City is taking a pro-cryptocurrency approach, with a different, more localized focus. The city’s government will be able to accept Bitcoin, Ethereum and stablecoins for payments of taxes and other city-issued fees. There's a catch: all crypto payments will be immediately converted to U.S. dollars. This approach to cryptocurrency...
