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OpenDAO's SOS Token Falls Over 20% After Its Initial Near-500% Leap


  Decentralized autonomous organization (DAO) OpenDAO launched on Christmas Eve with an airdrop targeting users of the major non-fungible token (NFT) marketplace OpenSea - and a massive rise of the DAO's token was followed by a correction.   ... Read More: OpenDAO's SOS Token Falls Over 20% After...

The Opendao Gives Xmas Airdrop to Opensea Users


New decentralized organization Opendao gave users of Opensea, one of the biggest NFT marketplaces by trading volume, a gift on Christmas. The organization launched its own token and organized an airdrop to distribute it to users that had purchased NFTs using Opensea, allowing them to claim 50%...

Serbia Reviews License Applications From 3 Cryptocurrency Exchanges


Three crypto exchanges have applied for licensing in Serbia, which recently adopted legislation regulating its digital asset space. The government in Belgrade expects the companies to obtain authorization within weeks and offer Serbs the option to buy and sell cryptocurrencies legally. Crypto...

Avalanche Adding Fiat Payments via Alchemy Pay (ACH) Integration


PRESS RELEASE. Avalanche has announced the integration of flexible fiat payment on-ramps on their network, thanks to a new integration with Alchemy Pay. Alchemy Pay is a payment solution that bridges fiat and crypto economies and it will now offer support for Avalanche’s public blockchain’s native...

Adidas NFT Launch Is the Latest Example About Obstacles on Virtual Token


Adidas got the taste of its NFT launch drop last week. This launch failed in an instance of non-consumable tokens introduced by brands to experience the Metaverse. The much-anticipated collection, launched along with the Bored Ape Yacht Club, sold for around $ 22 million. However, when Adidas first...

UK Regulator Calls Foul On Arsenal FC Fan Token Ads


  London-based football club Arsenal FC has drawn the ire of the UK advertising watchdog Advertising Standards Authority (ASA) for what the regulator calls “taking advantage of consumers’ inexperience in cryptoassets.” The regulator banned Facebook and website posts in which the football side...

Twitch Co-Founder Gets Discord Hacked, $150,000 Stolen From Users In NFT Scam


Justin Kan, a co-founder of Twitch and the dude Justin.TV was named for, last week decided to launch a site called Fractal, which would be a ‘marketplace’ where in-game items could be bought and sold as NFTs. Later, in Fractal’s Discord server, a link appeared advertising a drop of 3333 NFTs....

Crypto Trading Platform Bitmex Reveals Exchange Token Called BMEX, Airdrop


The crypto trading platform Bitmex has announced the launch of its own native cryptocurrency called “BMEX,” following a slew of crypto platforms that have issued exchange tokens. According to the company, a user who registers and completes the KYC process will get five BMEX coins...

Yearn.Finance Token Jumps as Team Promises ‘Aggressive Buybacks’


  YFI, the governance token issued by the decentralized finance (DeFi) protocol Yearn.Finance, has seen its price almost double in a week following the announcement of a completed token buyback worth some USD 7.5m. The buyback, which Yearn.Finance said made up 0.77% of the total supply of...

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