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IRS Special Agent on Crypto: ‘We See Mountains of Fraud in This Area’
28.1.2022
A special agent with the Internal Revenue Service (IRS) says the tax agency is “seeing mountains and mountains of fraud” in the cryptocurrency space. The IRS criminal investigation unit is trying to train all of its agents on crypto and non-fungible token (NFT) issues because...
Riot Forced To Explain A Valorant Character Is Not Into NFTs
27.1.2022
Riot Games, the creators of League of Legends and online shooter Valorant, has issued something of an apology to fans of the latter after a tweet appeared to show one of the game’s characters enjoying the works of an NFT artist.Read more
Axie Infinity devs release governance token for Ronin Blockchain to mixed player response
27.1.2022
"SLP still on the ground LOL, if this coin stays like that I'm gonna quit Axie man," said one disgruntled player
Technical Analysis: DAI Overtakes Cosmos, as Warner Deal Sends the Sandbox Higher
27.1.2022
The price of cosmos (ATOM) continued to decline on Thursday, while sandbox rallied following its partnership with Warner Music Group. Overall, crypto prices were trading 3% lower in today’s session, after yesterday’s FOMC announcement. Biggest gainers The token sandbox (SAND) was...
Zombie Atari Celebrates 50-Year Legacy With NFT Loot Boxes
27.1.2022
Founded way back in 1972, Atari celebrates its 50th anniversary this year. The all-but-defunct company doesn’t really make games anymore, but it does like to plaster its recognizable logo over everything it can find—from hotels to PCs. And to celebrate that the company is still clinging to life...
Rebase Market Carnage: TIME Slips 61%, Wonderland Admin Allegedly Co-Founded Quadrigacx
27.1.2022
While reserve-based crypto assets like gold tokens and stablecoins have been able to weather the crypto market carnage over the last two weeks, rebase tokens like wonderland (TIME), and Olympus (OHM) have seen massive losses. Wonderland is down more than 96% since the crypto asset’s all-time...
Bitfinex Announced Support for BitTorrent Token Redenomination and Swap
27.1.2022
BitTorrent’s token redenomination and swap caused quite a stir in the market as every DEX must make changes to support the crypto. Bitfinex recently became one of the exchanges to support the swap on 28th January. During the upgrade, Bitfinex will restrict withdrawals, deposits, and trading of...
Forget Just Right Clicking, Now We're Printing NFTs With Game Boys
26.1.2022
We can all agree that NFTs suck, right? They chew through energy like termites eating wood and shit out a ton of greenhouse gas emissions, destroying our world one crypto sell at a time. On top of that, you don’t get anything physical, just a digital certificate of blockchain ownership. Thankfully...
EverRise Expands DeFi Security Infrastructure to Fantom and Avalanche
26.1.2022
PRESS RELEASE. EverRise, the blockchain bridging and security solution provider that brought the buyback to crypto, expanded to the Fantom and Avalanche blockchains over the weekend. With the addition of these two blockchains, the EverRise token (RISE) and ecosystem is now available on a total of...
Binance Becomes Main Sponsor of Argentinian Soccer Association
26.1.2022
Cryptocurrency exchange Binance has signed a partnership agreement with the Argentinian Soccer Association (AFA), one of the biggest soccer federations in the world, to become its main sponsor. With this deal, Binance will become the main sponsor of all the Argentinian national soccer teams for...
Decentralised Metaverse Socialfi Platform Boom Enables NFT Display in Its App
25.1.2022
While the latest news and information about cryptocurrency & NFT projects are better known through Web 2.0 social media companies such as Twitter, Instagram, and Youtube. There aren’t any decentralised social platforms available in the market that allows users to own the NFT while being...
2 Gold-Backed Crypto Asset Market Caps Near $1 Billion, XAUT Jumps 19,000% in 23 Months
25.1.2022
While reserve-backed crypto assets and stablecoin market valuations increased a great deal during the last year, gold-backed cryptocurrencies have also seen their market caps swell. Between the tokens tether gold and pax gold, the market valuations of these two gold cryptos are nearing a billion...
Top Meme Coins by Market Capitalization Shed Billions, DOGE Down 80% Since All-Time High
24.1.2022
As digital asset markets have shed significant value during the last two weeks, the top meme coins by market capitalization have dropped considerably against the U.S. dollar. The top meme asset dogecoin has lost 23.9% over the last seven days, while shiba inu’s value was reduced by 31.1%...
Survey Says Developers Are Definitely Not Interested In Crypto Or NFTs
24.1.2022
Every year ahead of the actual Game Developers Conference the show’s organisers run an industry survey, polling creators around the world on what’s happening and what could be happening in the games business. With 2022 promising to be a tumultuous 12 months, this year’s results are perhaps a...
Elon Musk Criticizes Twitter — Gets Blasted for Using Tesla to Promote Crypto, Dogecoin
23.1.2022
Tesla and Spacex CEO Elon Musk has criticized Twitter for using its engineering resources to provide a non-fungible token (NFT) profile picture service. “Twitter is spending engineering resources on this bs while crypto scammers are throwing a spambot block party in every thread,”...
Despite the Drop in Crypto Prices, Weekly NFT Sales Reach $4.7 Billion, Increasing 81%
22.1.2022
While crypto markets shed billions during the last seven days, non-fungible token asset sales are still up 81% since last week. Statistics indicate $4.7 billion in NFT sales were settled in seven days among 326,733 buyers, and Ethereum saw a continued rise in NFT sales volume. NFT Sales Remain...
UFC Partners With Dapper Labs to Launch NFT Collection ‘UFC Strike’
21.1.2022
The creators of the Flow blockchain network and NBA Top Shot, Dapper Labs, announced the launch of a new non-fungible token (NFT) compilation called “UFC Strike.” According to Dapper Labs, the new NFTs will launch on Sunday, January 23, and feature “amazing displays of striking...
JPMorgan: Ethereum Losing Ground to Other Crypto in NFT Market Due to High Transaction Fees, Congestion
21.1.2022
JPMorgan has told its clients that ethereum is losing ground to rival cryptocurrencies, such as solana (SOL), in the non-fungible token (NFT) market due to sky-high transaction fees on the network. “It looks like, similar to defi apps, congestion and high gas fees has been inducing...
OpenDAO (SOS), LooksRare (LOOKS) and WTF token: 3 airdrops, with 1 scam
21.1.2022
NFT investors are demanding that marketplaces recognize and give value to their users, prompting competitors like LOOKS, SOS and WTF to launch ambitious vampire attacks on OpenSea
NFT Bro’s ‘Metaverse’ Rave Looks Boring, Dead
20.1.2022
A large crowd of unmoving clones standing still in a mostly empty world amid tinny-ass beats that’d sound weak coming out of a Game Boy. It almost seems like they’re waiting for something to happen. But nothing does. They remain largely still, shuffling slightly, perhaps rotating a bit as the music...