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SEC Hits Flyfish Club With Charges for Unregistered NFT Offering
18.9.2024
The U.S. Securities and Exchange Commission (SEC) has charged Flyfish Club for conducting an unregistered offering of crypto asset securities through non-fungible tokens (NFTs), raising $14.8 million for an exclusive restaurant project. “Flyfish agreed to a cease-and-desist order, to pay...
Solana Saga Phone Fetches $5,000 on eBay Amid BONK Meme Coin Frenzy
18.12.2023
Source: Adobe In the midst of the BONK meme coin frenzy, Solana Saga phones, initially overshadowed by lackluster sales, have become unexpected stars on the resale market, with one device reportedly fetching a staggering $5,000 on eBay. According to completed listings, the Solana Saga phones, which...
Crypto Downturn Floods Market With Rolex and Patek Watches, Trading Platform Says
31.7.2022
The latest troubles in the crypto space have allegedly led to an increased supply of second-hand luxury watches, according to a leading trading platform. As a result, prices of sought-after models by major brands like Rolex and Patek have dropped, the company revealed. Higher Supply After Crypto...
Chinese Tech Giant Tencent to Shut Down NFT Platform Amid Trading Restrictions
22.7.2022
China’s Tencent Holdings plans to shut down its non-fungible token (NFT) platform Huanhe only a year after its launch. The social media giant has reportedly made the decision because of the strict ban on the resale of NFTs imposed by the authorities in Beijing. Huanhe to Close Down a Year...
Creator of PS5 And Xbox Scalper Subscription Service Claims To Be A Jobs Creator
18.1.2022
PlayStation 5 and Xbox Series X consoles are still notoriously difficult to acquire. This is partially because of the chip shortage that affects the availability of the components inside the machines, but also because of scalpers who can buy consoles and sell them for a much higher price. One...
Creator of PS5 And Xbox Scalper Subscription Claims To Be A Jobs Creator
18.1.2022
PlayStation 5 and Xbox Series X consoles are still notoriously difficult to acquire. This is partially because of the chip shortage that affects the availability of the components inside the machines, but also because of scalpers who can buy consoles and sell them for a much higher price. One...
Foundry Launches Bitcoin Mining Machine Marketplace, US Pool Becomes the World’s Largest Miner
9.12.2021
The firm Foundry Digital announced on Wednesday that the business has launched a bitcoin mining rig marketplace called Foundryx. According to Foundry, the company has access to more than 40,000 mining machines that are ready for resale. In addition to the marketplace launch, the company’s...
Democrats Announce Bill Aimed At Stopping Bots From Buying All Your Consoles & Graphics Cards
1.12.2021
A group of Democrats are introducing the “Stopping Grinch Bots Act”, a proposal with an incredibly stupid name that is aimed at preventing (or at least curtailing) the use of bots to snatch up stocks of goods from online retailers. Something many of you trying to get PS5s and new graphics cards...
eBay Is Already Filled With Steam Deck Scalpers Asking For Way Too Much Money
17.7.2021
Valve’s recently announced handheld PC, the Switch-like Steam Deck, isn’t out yet. But folks can preregister for an opportunity to buy it at a later date and some scalpers are already trying to flip these registrations for hundreds of dollars. Read more
Blockware Mining Raises $25M — Firm Looks to Make ‘Hashrate in the US More Globally Competitive’
30.6.2021
On Wednesday, the North American bitcoin mining operation Blockware Mining announced the firm closed a $25 million investment round. According to the company, Blockware Mining aims to leverage the financing to expand operations “beyond its currently installed North American footprint.”...
It's Not That Hard Keeping Big Resellers Away From Graphics Cards
18.6.2021
While a Micro Center in Dallas was the scene of some depressing scenes earlier this month, when a huge crowd crushed against the store trying to get their hands on a new GPU, other stores in the chain have implemented far more stringent measures against scalpers and resellers.Read more
Don’t Worry: There Are Enough Analogue Pockets For Everyone
23.2.2021
Last August, many of us missed out on pre-ordering a Pocket, the beautiful all-in-one handheld console from Seattle-based hardware manufacturer Analogue. With a restock now confirmed for 2021, the company has promised to beef up its servers and crack down on resellers to help ensure folks are able...
PS5 Scalpers Unwilling To Admit They’re Grade-A Douchebags
12.2.2021
In a recent interview with Forbes, a man who claims to have purchased 25 PlayStation 5 consoles in January and resold them for upwards of $350 profit apiece says “reselling” is an incredibly valuable industry that does not deserve the bad press it gets. Fuck him right in the face.Read more