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Bitget takes legal action on alleged VOXEL futures price manipulation


Crypto exchange Bitget says it is issuing legal letters to account holders it accuses of manipulating the price of perpetual futures contracts linked to the VOXEL token.Eight account holders that the exchange accuses of being involved in the April 20 incident and who allegedly pocketed $20 million...

Nike sued for $5 million over its shutdown of NFT platform RTFKT


Nike has been hit with a class-action lawsuit that accuses the sportswear giant of operating a rug pull for shuttering its non-fungible token (NFT) platform RTFKT in January. A group of RTFKT users led by Jagdeep Cheema claimed in the proposed class suit filed in a Brooklyn federal court...

Nike sued for $5 million over its shutdown of NFT platform RTFKT


Nike has been hit with a class-action lawsuit that accuses the sportswear giant of operating a rug pull for shuttering its non-fungible token (NFT) platform RTFKT in January. A group of RTFKT users led by Jagdeep Cheema claimed in the proposed class suit filed in a Brooklyn federal court...

Researcher proposes scaling Ethereum gas limit by 100x over 4 years


The Ethereum mainnet’s gas limit could theoretically grow 100-fold and reach 2,000 transactions per second under a new Ethereum Improvement Proposal (EIP) put forward by Ethereum Foundation researcher Dankrad Feist.Feist, who had the blockchain’s “danksharding” data storage...

Researcher proposes scaling Ethereum gas limit by 100x over 4 years


The Ethereum mainnet’s gas limit could theoretically grow 100-fold and reach 2,000 transactions per second under a new Ethereum Improvement Proposal (EIP) put forward by Ethereum Foundation researcher Dankrad Feist.Feist, who had the blockchain’s “danksharding” data storage...

Meta Lays off Over 100 Metaverse Division Employees


Meta has reportedly laid off over 100 employees part of Reality Labs, its metaverse-focused division. According to reports, the layoffs impacted ongoing efforts to create experiences for Meta’s virtual reality (VR) headsets and the division in charge of developing VR and metaverse hardware....

Polygon CEO: DeFi must ditch hype for sustainable liquidity


Polygon Labs CEO Marc Boiron called for a fundamental shift in how decentralized finance (DeFi) protocols manage liquidity, labeling the sector’s ongoing liquidity crisis as “self-inflicted.” In an exclusive interview, Boiron outlined Polygon’s vision for sustainable DeFi...

SEC bids to drop securities suit against Dragonchain over crypto ICO


The US Securities and Exchange Commission is looking to drop its unregistered securities lawsuit against blockchain firm Dragonchain in the agency’s latest crypto-related backdown. In a joint stipulation filed with Dragonchain on April 24 in a Seattle federal court, the SEC said...

SEC bids to drop securities suit against Dragonchain over crypto ICO


The US Securities and Exchange Commission is looking to drop its unregistered securities lawsuit against blockchain firm Dragonchain in the agency’s latest crypto-related backdown. In a joint stipulation filed with Dragonchain on April 24 in a Seattle federal court, the SEC said...

ARK Invest ups its 2030 Bitcoin bull case prediction to $2.4M


Billion-dollar asset manager ARK Invest has raised its “bull case” Bitcoin price target from $1.5 million to $2.4 million by the end of 2030, driven largely by institutional investors and Bitcoin’s increasing acceptance as “digital gold.”ARK’s “bear”...

ARK Invest ups its 2030 Bitcoin bull case prediction to $2.4M


Billion-dollar asset manager ARK Invest has raised its “bull case” Bitcoin price target from $1.5 million to $2.4 million by the end of 2030, driven largely by institutional investors and Bitcoin’s increasing acceptance as “digital gold.”ARK’s “bear”...

White House receives over 10,000 comments on AI development plan


The White House said on April 24 that it received more than 10,000 public comments on its planned artificial intelligence action plan, indicating widespread interest in the technology as the global race for AI leadership accelerates.Among the stakeholders providing inputs were AI giants such...

White House receives over 10,000 comments on AI development plan


The White House said on April 24 that it received more than 10,000 public comments on its planned artificial intelligence action plan, indicating widespread interest in the technology as the global race for AI leadership accelerates.Among the stakeholders providing inputs were AI giants such...

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