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Tornado Cash Users Appeal Court Ruling Backing Treasury Department’s Sanctions
15.11.2023
Source: Pixabay The plaintiffs in the case against the United States Treasury Department’s sanctions over the popular cryptocurrency mixer Tornado Cash are dissatisfied with the ruling of the court. A group of five Tornado cash users has filed an appeal against the judgment of the US District Court...
Australia to impose capital gains tax on wrapped cryptocurrency tokens
14.11.2023
Delivering a major hit to Australian crypto investors, the ATO stated that wrapping or unwrapping tokens — irrespective of their price at the time — will be subject to capital gains tax
GROK Token, Inspired by Elon Musk’s Grok AI, Hits $160M Capitalization in Latest Frenzy
13.11.2023
Total liquidity for the token is a paltry $3.5 million on decentralized exchanges, meaning a single significant sale could instantly topple the rise
Gamefi Tokens’ Valuation Swells by $4.5 Billion, Eclipsing AI Crypto Sector’s Growth
11.11.2023
Over the last month, the crypto market has seen appreciable gains, reaching a valuation of $1.4 trillion. Certain areas, however, have registered more pronounced increases against the U.S. dollar. Data reveals that the top gaming tokens from the game finance (gamefi) sector have experienced...
Indian Supreme court rejects crypto petition, highlights legislative nature
11.11.2023
Listening to the plea, the bench headed by the Chief Justice of India (CJI) remarked that the petitioner’s demands are more legislative in nature
Six-Figure Prices for Bitcoin Rock Ordinals and EtherRock NFTs Reignite Hopes for Return of NFT Mania
11.11.2023
$100k+ Sales of EtherRock NFTs and Bitcoin Rock Ordinals Stoke Speculation of an NFT Revival. Image by Garrett, Adobe Stock. Nonfungible tokens (NFTs) are back in the spotlight this week after separate high-profile sales of EtherRock NFTs and Bitcoin Rock Ordinals for over $100,000 each. The sales...
UK cryptocurrency scams jump 23%, young investors prime targets: Lloyds Bank
10.11.2023
According to the bank, potential cryptocurrency investors usually make an average of three payments before recognizing they’ve fallen victim to a scam
Is it altseason? Altcoin 30-day performance and total market cap flash bullish
9.11.2023
3 key data points highlight the 60-day strength shown by altcoins
Legal Action Threatened Over Eye Injuries at ApeFest: Bored Ape NFT Holder Speaks Out
9.11.2023
Source: AdobeStock / alexandarilich Yuga Labs, the maker of the popular Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs), is now on legal notice over injuries sustained at ApeFest. The founder and CEO of art technology company Artfi, Asif Kamal, tweeted early on Thursday (UTC) that he...
NFT Giant Opensea Retrenches an Unknown Number of Employees
9.11.2023
Opensea recently retrenched an unknown number of employees as part of what the CEO Devin Finzer describes as a rebuilding exercise. According to the CEO, taking this step helps Opensea build a foundation which enables it to innovate faster. Smaller Team With Direct Connection to Users Opensea,...
Pay and dump? How businesses accepting crypto payments influence adoption
8.11.2023
Crypto payments are often seen as a way to boost adoption, but is adoption growing if the business sells crypto right back? The answer is complex
Final Fantasy Publisher Square Enix Reveals How to Obtain NFTs for Upcoming Game Symbiogenesis
8.11.2023
Source: Symbiogenesis / Twitter The Japanese gaming giant Square Enix has shared how players can get characters for its upcoming non-fungible token (NFT) game Symbiogenesis. Ethereum and Polygon NFT game Symbiogenesis is nearing its December launch. Therefore, the Final Fantasy series creator...
Is It Too Late to Buy Arweave? AR Price Soars 27% as New Crypto Casino Project Gathers Steam
7.11.2023
Storage token Arweave has exploded in a strong rally move, but as AR price soars +27% side-lined traders are asking ‘is it too late to buy Arweave?’. The upside move has seen Arweave rank in the biggest gainers amongst top 100 ranked cryptocurrencies over the last 24-hours, as traders...
Dogecoin Price Prediction as $1 Billion Sends DOGE Soaring 9% – $1 Incoming?
7.11.2023
The Dogecoin price has risen to $0.073108 today, marking a 1% gain in 24 hours and nearly a 9% gain in a week. DOGE’s current price also means that it has gained by 20% in the last 30 days, although the meme token has risen by only 4% since the beginning of the year. This […]
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The Simpsons Satirizes NFT Mania in Latest ‘Treehouse of Horror’ Episode
6.11.2023
On Sunday’s anticipated Halloween special, The Simpsons unveiled its thirty-fourth “Treehouse of Horror” episode, showcasing Bart’s transformation into a non-fungible token (NFT) by Homer. In a twist of events, Marge rescues Bart from the blockchain’s abyss, only...
Bored Ape NFT Partygoers Blame UV Lights For Burned Eyes And Skin
6.11.2023
After returning from a large, exclusive party over the weekend, some Bored Ape Yacht Club NFT owners are complaining about severe eye pain, skin burns, and poor vision potentially caused by powerful UV lights used at the event. Some folks have reported the pain was so bad they had to go to...
Yuga Labs addresses Apefest ‘vision damage’ issue; community calls out poor management
6.11.2023
The Bored Ape community was not very impressed by the Yuga Labs' reaction to the mishap, calling out their lack of basic health management at the event
Nike-RTFKT NFT Collections Generate $1.4 Billion in Trading Volume
6.11.2023
Non-fungible token (NFT) collections by sportswear giant Nike and virtual sneakers and collectibles creator RTFKT have seen $170 million in earnings and a whopping $1.4 billion in trading volume. There are two notable factors to keep in mind. One, Nike and RTFKT have joined hands less than...
Hong Kong regulator issues tokenized investments requirements amid demand
6.11.2023
The intent behind the tokenization of SFC-authorized investment products is tied to the rising market demand and the government’s willingness to facilitate market development
Smart Contract Platform Tokens Command 26% of Crypto Economy Amidst Market Gains
5.11.2023
It’s been a strong week for smart contract platform tokens, with the top ten performers all notching growth against the U.S. dollar. The rise ranged from ethereum’s (ETH) 4.2% jump to solana’s (SOL) 32.5% surge. The smart contract coin sector witnessed 32 crypto assets...