FameEX Morning Crypto News Recap | March 17, 2023
Nissan Expands its Presence in Web3 with Four New Trademark Applications
Japanese automaker Nissan has taken a significant step into the world of Web 3 and blockchain by filing four trademarks with the USPTO. The move has fueled speculation that the company is planning to make a significant foray into the digital world, particularly in non-fungible tokens (NFTs) and the metaverse. While it remains unclear exactly what Nissan has planned for these trademarks, the filings suggest that the company is looking to expand its presence in the digital space.
Date Set for Ethereum's Shanghai Upgrade
Ethereum's highly anticipated Shanghai upgrade finally has an official date. Ethereum core developers announced during the All Core Developers Execution Layer meeting on Thursday that the Shanghai mainnet upgrade is set to take place on April 12th, much to the delight of the Ethereum community. The upgrade promises to bring significant improvements to the network, including the implementation of staked Ethereum withdrawals, which will increase liquidity and accessibility for Ethereum stakers.
German Banks Urge Commercial Banks to Take Charge of Digital Euro Rollout
The Association of German Banks has called on the European Central Bank (ECB) to allow commercial banks to take the lead in developing the digital euro. In a recently published paper, the association suggested that central bank digital currency (CBDC) is the next logical step in payment evolution that will complement cash and other digital payment methods. The move is seen as a way for commercial banks to stay relevant and avoid being left behind in the digital currency space.
Meta 1 Coin Ordered to Pay $10M in Final Judgment by SEC
The SEC has charged Robert Dunlap and Nicole Bowdler, along with former State Senator Dave Schmidt, for orchestrating an ICO scheme called "Meta 1 Coin," which made false promises of high investment returns. The defendants are accused of providing participants with inaccurate statements regarding the ICO's profitability, claiming a potential profit of 224,923% in less than a year.
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