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SEC Charges Gig Economy Platform for $2.6 Million Unregistered Coin Offering
26.12.2022
The U.S. Securities and Exchange Commission (SEC) has charged Thor Technologies and its co-founders with conducting an unregistered securities offering. In 2018, the company minted and sold tokens to raise funds for its ‘gig economy platform,’ the development of which had not even started at...
NFTs minted on FTX break: Nifty Newsletter, Dec. 7–13
14.12.2022
Because of the “ridiculous amount” of NFTs being minted, entrepreneur Gary Vaynerchuck argued that it’s unlikely for another market boom to happen
Bank of Russia Backs Crypto Mining Bill But Insists Minted Coins Should Be Exported
10.12.2022
The monetary authority in Moscow has expressed support for the latest legislative attempt to legalize cryptocurrency mining. However, the regulator wants the extracted digital currency to be sold outside the country or only under special legal regimes in Russia, as an exception. Russia’s Central...
FTX-Hosted NFTs Point to Broken Metadata, Issue Illuminates Flaws With NFTs Tied to Centralized Clouds
8.12.2022
On Wednesday, non-fungible token (NFT) supporters discovered that NFT metadata hosted on the platform FTX US points to broken metadata, and the links now point to FTX’s restructuring website. Specific collections that were minted on the Solana blockchain via the FTX US NFT platform do...
NFTs minted on FTX break, highlighting Web2 hosting flaws
8.12.2022
NFTs hosted on FTX platform were affected by the firm’s collapse, showing blank images instead of the original art
Nifty News: Reddit NFT mints reach all-time high, EU’s $400K Metaverse party flops and more
5.12.2022
With the record mint day for Reddit avatar NFTs, there are now around 4.4 million Reddit NFTs in circulation
An Unknown Individual Signed a Message Associated With BTC Block 1,018, Reward Was Minted 16 Days After Satoshi Launched Bitcoin
3.12.2022
On Nov. 15, 2022, a post was created on the forum website bitcointalk.org and the thread’s creator asked people to share signatures tied to some of their oldest mined bitcoin blocks. 11 days later, a newly created bitcointalk.org profile, called “Onesignature,” shared a signed...
Minted launchpad eases NFT usage via free minting feature
4.11.2022
Minted Launchpad is live, allowing users to mint and trade their favorite NFTs on the platform. Moreover, they can browse a wide range of collections with security and ease of use as top priorities. With the step in place, A Hard Working Man is now being brought to the ecosystem by Animal Concerts...
Russia Plans to Allow Mining of Any Cryptocurrency, Lawmaker Unveils
2.11.2022
Newly proposed legislation aims to permit the minting of any cryptocurrency in Russia, a prominent lawmaker has revealed. While the draft law states that the circulation of the minted coins should take place outside Russian jurisdiction, an upcoming bill provides for their use under “experimental...
Secondary Sales Volume Tied to Reddit’s Collectible NFT Avatars Surges Crossing $5 Million
25.10.2022
Reddit’s non-fungible token (NFT) avatars have produced significant market action in the NFT industry, as the collectible’s secondary market sales reached more than $5 million on October 24 across more than 20,000 sales. The demand for Reddit’s collectible NFT avatars minted on Polygon...
While Bitcoin’s Hashrate Grew by 22,900% in 6 Years, Discovering Block Rewards Is Far More Difficult
10.9.2022
Over the past 12 months, Bitcoin’s hashrate has increased by 85.77%, while 53,547 blocks were mined and 334,668.75 new bitcoin were minted into circulation. More than two dozen bitcoin mining pools have dedicated hashrate toward the Bitcoin blockchain during the last six years, and while...
Stably Announces Support for Stablecoin Minted on XRP Ledger
2.9.2022
Stably will soon support the stablecoin issued on XRP Ledger with Ripple by its side during the initial phase of integration. USDS will be launched as USD on XRPL under this integration to bring the first regulatory-compliant stablecoin to a public blockchain that is fast, economical,...
Ticket Marketplace Giant Ticketmaster Chooses Flow Blockchain for NFT Push
31.8.2022
This week, Ticketmaster Entertainment, Inc. revealed the company will give event organizers the ability to mint non-fungible token (NFT) tickets via the Flow blockchain. Last November, Ticketmaster said it was working with Polygon but since Super Bowl LVI, the ticket sales and distribution behemoth...
Acala community votes to burn 2.97 billion of erroneously minted aUSD stablecoin
22.8.2022
3.022 billion aUSD were previously minted via a liquidity bridge glitch
Russian Caught Mining Crypto in Covid-19 Clinic
22.8.2022
An IT specialist working for a medical institution in Russia’s Altai Republic has been detained for illegally mining cryptocurrency at the premises of a Covid-19 hospital. The man minted digital currencies using stolen electricity for almost a year before law enforcement busted his crypto...
Another depeg — Acala trace report reveals 3B aUSD erroneously minted
17.8.2022
As the dust settles on another decentralized finance exploit, Acala continues to trace tokens that were erroneously minted after a misconfiguration in a newly launched liquidity pool
Acala Stablecoins Near $1 Peg After Community Burns 1.2B aUSD Minted by Exploiters
16.8.2022
Developers said trace reports were underway to identify the transactions performed by the 16 wallet addresses connected to the exploit
Axie Infinity Surpasses $4 Billion in All-Time Sales, Team Removes SLP Rewards From Classic Game Mode
13.8.2022
After recording more than $4 billion in all-time sales, Axie Infinity announced the game’s classic mode will no longer allow users to obtain smooth love potion (SLP), as SLP rewards have been added to the new Origin ranked gameplay mode. The team also introduced non-fungible token (NFT)...
60 million NFTs could be minted in a single transaction: StarkWare founder
8.8.2022
The StarkWare founder announced the launch of its new Recursive validity proof technology on Aug. 7 in Seoul
Report: South Africa’s Famed Krugerrands Collection Set to Be Tokenized
13.7.2022
South Africa’s famed Zuid-Afrikaansche Republiek (ZAR) coins or the Krugerrands collection are set to be tokenized and will be available to potential buyers from a price as low as $200. Tokenized coins will be minted by Web3 tech firm Momint and will be available on the firm’s...