The Block

Quick Take The intellectual property authorities in the U.S. noted in an NFT study that the current laws are sufficient to address infringement concerns.

The launch will be accompanied with two new tokens, tentatively named NewStable and NewGovToken. The DAO will explore ways to differentiate the new stablecoin from the existing Dai token.

Quick Take Yuga Labs said Ripps destroyed his wallet keys intentionally to tamper with the court injunction. Ripps’ counsel had rejected the claims in a follow-up filing.

Quick Take Despite going through a bankruptcy crypto mining firm Core Scientific mined 19,274 bitcoin (roughly $1.4 billion at current prices) during 2023, the company announced on Tuesday.

Quick Take Tensor Foundation announced it will issue a TNSR governance token but provided few details. In a post to social media, Tensor also said that more than $2 billion worth of Solana non-fungible tokens have changed hands using its protocol.

Quick Take “MetalCore” video game developer has raised $5 million in a new funding round with participation from Delphi Digital, Bitkraft Ventures, Sanctor Capital, and Spartan Group. The game is expected to be in open beta by the end of 2024.

Quick Take EU lawmakers voted in favor of new rules to tackle sanction violations that include ways to target crypto service providers and freeze digital assets.

Quick Take Goldman Sachs, BNY Mellon, and Cboe Global Markets tested the blockchain-based, communication system called Canton Network with several other firms and banks. Canton Network, an “interoperable blockchain network designed for institutional assets” launched nearly a year ago with Microsoft and Deloitte also said to be involved at the time.

Spot bitcoin ETFs now hold nearly 90% of the daily trading volume market share, while bitcoin futures ETFs account for around 10%.

JPMorgan Chase CEO Jamie Dimon said he would defend people’s right to purchase bitcoin.U.S. Bureau of Labor Statistics CPI data comes in hotter than expected.