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Former Paxful CEO Ray Youssef Urges Platform Users to ‘Cease Trading’


On July 7, Ray Youssef, the former CEO of Paxful, told users of the peer-to-peer crypto marketplace to stop trading on the platform. Youssef claimed that Paxful is now “just paying legal bills” and that “no African or any non-American should trust any IS corporation.”...

Biggest Movers: SOL Hits Fresh 4-Week High on Friday, ADA Snaps Losing Streak


Solana was one of Friday’s biggest gainers, as the cryptocurrency rose by over 11% during today’s session. The move came as markets reacted to June’s nonfarm payrolls report, which came in at 209,000, below expectations of 229,000. On the other hand, cardano ended a three-day...

Sega Bins Blockchain Plans, Calls F2P Games 'Boring'


In April 2021, at the height of Web 3 Mania, Sega was one of the biggest companies to pledge its future to the scam that was “play to earn”. Now, just two years later and after the ass has completely fallen out of that market, Sega has had a change of heart.Read more

Binance Labs Leads $4M Funding for AI Blockchain Data Firm Web3Go


Singapore-based blockchain start-up Web3Go has raised $4 million in a seed round led by Binance Labs, the venture capital and incubator arm of crypto exchange giant Binance. According to the press release, other participants in the seed round financing included Hashkey Capital, NGC, Shima Capital...

Bitcoin Emerges as NFT Contender With $463 Million in Sales in 4 Months


In just four months, starting from February 7, 2023, non-fungible token (NFT) sales on the Bitcoin blockchain have soared to $463.68 million. This growth has propelled the network to secure the second-highest number of monthly NFT sales consistently since then. However, despite this impressive...

Bitcoin’s Sats Names Ecosystem Flourishes: 370,000 SNS Names Inscribed


On June 26, 2023, the number of Bitcoin-based Ordinal inscriptions surpassed 14 million, just six days after exceeding 13 million. Inscription activity has continued to rise since then. In addition to text, non-fungible tokens (NFTs), and fungible BRC20 tokens, Ordinal inscription technology...

Steam Might Be Banning Games Made With AI Art


Valve seems to be blocking video games created with AI-generated assets from being published on its online storefront Steam. A Reddit post from earlier this month, first noticed by GameDiscoverCo founder Simon Carless, includes a message from Valve explaining that it “cannot ship games for which...

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