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IMF Warns of Further Crypto Selloffs and More Coins Failing


A director with the International Monetary Fund (IMF) has warned of further selloffs in both crypto assets and equities. He further warned that more crypto tokens could fail. IMF Foresees More Crypto Selling Pressure Tobias Adrian, director of Monetary and Capital Markets for the International...

Latvian Artist Threatened With Prison for Money Laundering Through NFTs


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...

Lido DAO Votes Against Selling LDO 10M Tokens to Dragonfly Capital


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...

Tesla Reveals Bitcoin Holdings Worth $222 Million in Latest SEC Filing


Tesla has revealed that it is still holding bitcoin worth $222 million in market value after selling 75% of its crypto holdings. The company recorded realized gains of $64 million on its recent bitcoin conversion into fiat currency. Tesla Realizes Gains of $64 Million From Bitcoin Sale Tesla Inc....

GameStop 9/11 NFT Pulled After Selling Dozens Of Times


Shortly after GameStop launched its NFT marketplace earlier this month, one creator started selling an NFT called “Falling Man” mimicking the infamous photograph from September 11, 2001. It changed hands dozens of times, eventually fetching hundreds of dollars, until GameStop quietly removed...

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