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Yuga Labs 'inappropriately induced' BAYC investors: Class action
25.7.2022
Law firm Scott+Scott alleges that Yuga Labs promoted a chance at huge returns on investment to “unsuspecting investors.”
SEC Criticized for How It Regulates Crypto — Chair Gensler Says Most Crypto Tokens ‘Have Attributes of Securities’
25.7.2022
The U.S. Securities and Exchange Commission (SEC) has been heavily criticized for its approach to regulating the crypto sector. The criticism followed the securities regulator’s action against a former Coinbase employee in an insider trading case, in which the SEC named nine crypto tokens...
Q2 2022 Cryptocurrency Report Highlights Terra’s Collapse and Capital Exiting the Crypto Ecosystem
23.7.2022
On July 13, the dedicated crypto price tracking, volume, and market capitalization web portal Coingecko published the company’s “Q2 2022 Cryptocurrency Report” which discusses the last quarter’s crypto market action and insights. The 46-page report explains how the Terra...
Bitcoin, Ethereum Technical Analysis: ETH Rebounds, Climbing to Over $1,600 on Friday
22.7.2022
Ethereum was back in the green on Friday, as bulls returned to action following yesterday’s selloff. Crypto markets set aside concerns over Tesla’s bitcoin sale, extending this week’s rally in the process. Bitcoin was also up in today’s session, as it headed back towards...
US Senator Says Too Many Crypto Firms Are Able to Scam Customers — Urges SEC to Regulate
19.7.2022
U.S. Senator Elizabeth Warren says that “too many crypto firms have been able to scam customers and leave ordinary investors holding the bag while insiders make off with their money.” She stressed the need for stronger rules, urging the Securities and Exchange Commission (SEC)...
Shanghai Aims to Grow a $52 Billion Metaverse Cluster by 2025
15.7.2022
The Government of the city of Shanghai has proposed a group of guidelines to help it shift into a metaverse power. The plan of action defines each one of the technologies that the municipality needs to focus on to achieve the goals of building a $52 billion metaverse economy, while at the same time...
Incredible New Breath Of The Wild Glitch Lets You Supercharge, Remake Weapons
11.7.2022
A sequel might be on the horizon, but there’s still a lot of game left in The Legend of Zelda: Breath of the Wild. Half a decade after its release, players are still finding new ways to crack Nintendo’s open-world RPG wide open. Just this week, glitch hunters have discovered what might be the most...
New Assassin's Creed Situation On Steam Is A Digital Nightmare
11.7.2022
When games started making the switch from physical to digital, everyone knew there were trade-offs. Digital downloads were quicker and more convenient, but also meant you didn’t entirely own the game you bought. You were just licensing it, making you subject to the whims and future solvency of...
Kojima Productions Threatens Legal Action Over 'Assassin' Photo
11.7.2022
Last week a racist joke originating from a shitty corner of the internet got quickly out of hand, and before long French politicians and Greek news channels—among others—were erroneously reporting that an old photograph of legendary game designer Hideo Kojima was actually a photo of Tetsuya...
Despite the Price Drop, Number of Bitcoin Held on Exchanges Continues to Slide
10.7.2022
Roughly 49 days ago, the number of bitcoin held on exchange was around 2.503 million, according to statistics recorded by cryptoquant.com. Since then, $4.76 billion worth of bitcoin has been removed from centralized crypto exchanges, as there’s 2.275 million held on trading platforms today....
Biggest Movers: ATOM, DOT Hover Below Key Resistance Levels on Saturday
9.7.2022
ATOM and DOT were trading in a sideways trend on Saturday, as crypto markets were mainly in consolidation mode to start the weekend. The majority of the cryptocurrency top 100 was marginally lower, as traders seemingly consolidated their gains from this week’s action. Cosmos (ATOM) After...
New Lawsuit Claims Solana Is Unregistered Security — ‘Investors Have Suffered Enormous Losses’
9.7.2022
A class-action lawsuit has been filed claiming that cryptocurrency solana (SOL) is an unregistered security under the Howey test. “The specific facts and circumstances relating to SOL securities support the conclusion that SOL is a security under the Howey test,” the plaintiff argued....
Spanish Exchange 2gether Blocks Operations, Affecting 100,000 Users
8.7.2022
2gether, one of the oldest cryptocurrency exchanges in Spain, has suddenly blocked its operations, leaving its users without access to their accounts. The platform informed it had to take this action due to the current situation of the market in an email directed to customers. In addition,...
Keyfi Founder Sues Celsius — Says Crypto Lender’s Entire Portfolio Had ‘Naked Exposure to the Market’
8.7.2022
On July 7, 2022, the pseudonymous non-fungible token (NFT) collector known as “0xb1” published a Twitter thread that discusses the collector’s true identity and his relationship with the crypto lending firm Celsius. According to 0xb1, otherwise known as Jason Stone, his team...
Class action lawsuit claims Solana's SOL is an unregistered security
8.7.2022
Plaintiffs claim that Solana’s SOL token is a centralized security with insiders profiting immensely while retail traders got rekt
Red Dead Online Won't Get Big Updates As Rockstar Shifts To GTA 6
7.7.2022
Rockstar Games has confirmed what many already suspected: There will be no major content updates for Red Dead Online moving forward. Instead, the company is shifting resources to focus on the next installment in the Grand Theft Auto series. It also confirmed more updates and quality of life...
Replaying God Of War Ahead Of Ragnarök? Ignore The New Game Plus
7.7.2022
As the prophecies (aka, Sony’s vast marketing machine) foretold, Ragnarök is coming. Yesterday, Sony’s Santa Monica Studio announced a November release date for its upcoming action game God of War Ragnarök. Maybe you’ve found yourself itching to replay its predecessor, God of War. Over the past...
New Class Action Lawsuit Targets Solana In California
7.7.2022
Solana Labs, the entity behind the Solana (SOL) blockchain, has found itself targeted by a new class-action lawsuit filed with a California court.
The suit accuses the company, along with a number of related persons and entities active within the ecosystem, of drawing illegal profits from...
Bitcoin price holds $20K, but analysts say ‘expect 6 months of sideways’ price action
7.7.2022
BTC bulls are holding $20,000, but most traders are confident that the price will remain range-bound for at least six more months
Cumberland Says Financially Burdened Crypto Firms Are ‘Hanging Over the Market Like a Cloud’
6.7.2022
Following the over-the-counter (OTC) firm’s Twitter thread on June 14, Cumberland explained on July 5 that “​​rangebound price action belies a volatile picture below the surface,” while crypto markets consolidated during the past week. Cumberland stressed...