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Physical Art Narrowly Wins Over NFTs in Damien Hirst’s Experiment
27.7.2022
With the deadline for UK art superstar Damien Hirst’s The Currency NFT burn expired today, artwork owners were forced to answer a paramount question: do they wish to burn their NFT in exchange for the artist’s corresponding original work on paper, or keep the token? As it turns out, slightly more...
KuCoin Says It Has No Exposure to wLUNA Tokens
27.7.2022
Contagion from Luna’s May implosion continues to reverberate throughout the crypto community
Biggie Smalls NFT Collection Sells Out in 10 Minutes, Owners Get Licensing Rights to Unreleased Freestyle
27.7.2022
On Tuesday, the Christopher Wallace Estate, managers of the Notorious B.I.G.’s music, fashion, film, and unreleased archives, dropped a collection of 3,000 non-fungible tokens (NFTs) that sold out in ten minutes. The digital collectibles were dropped via the NFT platform Oneof, and owners...
Russia Gears Up to Regulate NFTs Through Legislative Amendments
27.7.2022
Authorities in Russia are preparing a number of changes to existing laws in order to adopt rules for the country’s market for non-fungible tokens, or NFTs. A working group has discussed the matter and proposed solutions to legally define and regulate transactions with the digital...
NFT Hacks Via Discord Could Be Connected - Analysts
27.7.2022
An analysis of recent hacks targeting non-fungible token (NFT) projects carried out through the social media platform Discord shows that many of them are part of a larger string of attacks, according to blockchain intelligence company TRM Labs.
Such attacks have rapidly risen over the past three...
Dubai Police to Release Second Collection of NFTs — Nearly 23 Million Show Interest in First Collection
27.7.2022
Months after rolling out its first collection of non-fungible tokens (NFTs), the Dubai Police has said it will launch the next collection at the 2022 edition of The Gulf Information Technology Expo (GITEX). People from outside the country will also get a chance to own the next Dubai Police...
Harmony Proposes Issuing ONE Tokens to Reimburse Victims of $100M Hack
27.7.2022
Harmony decided against using its treasury funds, citing the project’s longevity
Study Findings: Crypto Investors More Attractive and Smarter, NFT Profiles Unattractive
27.7.2022
Cryptocurrency investors are perceived to be more attractive, smarter, and wealthier than non-investors, the latest survey by Cryptovantage has found. Just over three-quarters of respondents said they are likely to go on a date with someone if their dating app profile mentions crypto. However, some...
Coinbase Releases First Part of BAYC-Featured Movie while COIN Keeps Tanking & ARK Dumps Coinbase Shares
27.7.2022
Major crypto exchange Coinbase has released the first part of its Bored Ape Yacht Club (BAYC)-featured movie called "The Degen Trilogy." Meanwhile, the company's shares continue to tumble as the US Securities and Exchange Commission (SEC) launched a probe into whether the exchange has listed...
‘Game yet to begin’ for security token offerings, INX exec says
27.7.2022
The current crypto bear market had no direct impact on the STO platform INX because STOs are “very different from others in the space.”
Harmony Proposes Minting Billions of ONE Tokens to Reimburse Hack-Affected Users
27.7.2022
Layer-1 blockchain Harmony has proposed to mint billions of its ONE tokens in order to reimburse the victims of the Horizon bridge hack that saw around USD 100m of user funds stolen.
The Harmony blockchain would have to hard fork and increase the supply of ONE to mint new tokens. The team said...
Backlash as Harmony proposes minting 4.97B tokens to reimburse victims
27.7.2022
Under the proposal, there would be either a 100% reimbursement via 4.97 billion new ONE tokens, or a 50% reimbursement with 2.48 billion ONE tokens
Japanese Bank SMBC to Foray Into NFT and Web3 Markets
27.7.2022
The Sumitomo Mitsui Banking Corporation (SMBC), the second largest of the three biggest banks in Japan, has announced it is planning to expand into digital asset businesses, including non-fungible tokens (NFTs) and Web3 platforms. The company will partner with Hashport, a group that offers...
Latvian Artist Threatened With Prison for Money Laundering Through NFTs
26.7.2022
An artist from Latvia is under investigation for allegedly selling NFTs, or non-fungible tokens, to launder money, for which he may get up to 12 years in prison. The authorities have blocked his bank accounts and launched an investigation without even notifying him. Artist Who Sold Over 3,500 NFTs...
Investors Waiting for Safe Token Can Buy Gnosis Tokens for Now
26.7.2022
The digital asset management platform Safe has generated a new wave of support for its test blockchain parent company Gnosis
Sentiment and inflation: Factors putting pressure on Bitcoin price
26.7.2022
Bitcoin prices are besieged by a multitude of factors, and the cryptocurrency is struggling to breach the $25,000 mark
Lido DAO Votes Against Selling LDO 10M Tokens to Dragonfly Capital
26.7.2022
The community members of Lido Finance, a decentralized finance (DeFi) protocol and third-party staking pool operator for Ethereum (ETH) 2.0, have voted against a proposal to sell LDO 10m tokens to crypto investment firm Dragonfly Capital for DAI 14.5m.
The vote, which concluded on Monday after...
CANDYDEX Announces Its Launch on the Binance Smart Chain & New Airdrop of Up to 1M Worth of Tokens
26.7.2022
After successful completion of CANDYDEX IDO sale round-1, after months of building and planning, today we are delighted to announce our new happy airdrop for CANDYDEX tokens from July 26, 2022! As planned in our Roadmap, we are currently going to our 2nd round AirDrop campaign. This is to help grow...
Crypto Exchange OSL Will Sell Security Tokens to Professional Investors
26.7.2022
Cryptocurrency exchange OSL Digital Securities has distributed security tokens to professional investors in Hong Kong in a private security token offering (STO)
LidoDAO rejects sale of 10M LDO tokens to Dragonfly Capital
26.7.2022
The proposal aimed to secure a two-year runway for LidoDAO to carry out its functions in the Lido Finance protocol without worrying about further fundraising