Arthur Madrid, the co-founder and CEO of The Sandbox, reported that his Twitter account was hacked on May 26. The attacker used Madrid’s account to promote a fake “airdrop” phishing scam. Madrid’s post, which was made after he recovered his account, warned The Sandbox users not to click on any links that promote Airdrop or
Gemini and Genesis have asked a judge to dismiss a lawsuit filed by the Securities and Exchange Commission (SEC) over the Earn product. The lawsuit was filed in January 2023 and alleged that the two firms offered unregistered securities and bypassed disclosure requirements. Gemini offered Earn in partnership with Genesis Global Capital, allowing users to
Bitcoin is currently struggling to stay above $27,000, and many analysts are predicting a drop to the low $20,000 levels. However, Glassnode’s lead on-chain analyst Checkmate believes that the sell-side risk ratio metric suggests that “sellers are exhausted on both sides,” indicating that significant moves are coming. The last time the sell-side risk ratio was
Crypto analyst Marcel Pechman’s show, Macro Markets, is gaining popularity among cryptocurrency enthusiasts. It airs every Friday on the Cointelegraph Markets & Research YouTube channel and helps in explaining complex financial concepts in layman’s terms. In the latest episode, Pechman discussed the factors causing the crypto market capitalization to remain 60% below its all-time high,
The world of crypto is dynamic and ever-changing, with new technologies and tools emerging constantly. One such tool is ChatGPT, which is transforming the way traders conduct research and analysis. With its analytical prowess, ChatGPT is adding a valuable tool to the trading toolkit of both big players and small investors alike. In this article,
TitleMint has introduced a new approach in the real estate industry by minting and recording title abstracts and title insurance policies as non-fungible tokens (NFTs) on the blockchain. Until now, NFTs have been mostly associated with digital art and collectibles. However, TitleMint has now brought them into the real world, with the aim of reducing
Binance, the popular cryptocurrency exchange, has received a digital asset operator license from Thailand’s Ministry of Finance for its joint venture with Gulf Innova. Gulf Innova is a subsidiary of Gulf Energy and the two firms have been working together to launch a compliant-first exchange. Plans for the partnership According to a press release from
Floki Inu, an old-generation meme coin, has been experiencing ups and downs in its market performance. Despite its recent partnership with DWF Labs, which would have sent other meme coins soaring, it only gained a brief 5% price increase. This has led to questions about its long-term viability, especially since it suffered a 3.8% drop
Heimdall, a provider of business tokenization solutions, has partnered with OPNX to introduce a bankruptcy tokenization product. The product will allow users to access liquidity even if their funds are frozen on defunct platforms. The bankruptcy tokenization provides an alternative to the lengthy bankruptcy administration process that can take years to resolve. Why Celsius was
Alexander Vinnik, co-founder of BTC-e, is currently being held in the United States on charges of money laundering, aiding ransomware attacks, identity theft schemes, and drug trafficking. The US Department of Justice originally charged Vinnik in 2017, and BTC-e was seized and halted by US authorities in July 2017. Prisoner Swap According to The Wall
Shaquille O’Neal, a well-known basketball player in America, is currently facing a class-action lawsuit for promoting the Solana-based crypto project, Astrals. The lawsuit was filed by Daniel Harper in a Floridan court, claiming that Shaquille promoted the Astrals token through posts and videos on his social media handles. About Astrals Astrals is a 3D-modeled NFT
Multichain users have reportedly been experiencing delays in receiving their funds following a recent upgrade of the cross-chain router protocol. There have also been rumors circulating about the arrest of the Multichain team, although these have not been confirmed. According to complaints from several Multichain users, their funds have been stuck in the protocol for
Fabio Panetta, a board member of the European Central Bank (ECB), has emphasized the importance of a digital euro to ensure that central bank money continues to be used as people increasingly turn to digital currencies. In an interview with Les Echos, Panetta, who is leading the ECB’s central bank digital currency (CBDC) project, said
OPNX co-founder Mark Lamb has announced that its bankruptcy tokenization product will be available for Celsius users in a week. The product will help users with funds frozen on defunct crypto platforms to unlock their underlying value and recoup their locked funds. OPNX went live on April 4, offering spot and derivative trading. However, its
In the complex world of cryptocurrency trading, finding the next profitable investment can be a daunting task. However, Launchpad XYZ aims to simplify this process by streamlining the often fragmented Web3 space, making it easier for investors to navigate and invest in the digital future. Recently, Launchpad XYZ’s presale for its utility token, $LPX, has
While Bitcoin and Ethereum are currently facing a downturn, meme coin prices continue to dominate charts. In the latest surge, the new coin $BIBLE saw an impressive 37% increase following exchange listings. While currently experiencing a minor retracement, $BIBLE appears to be bouncing back with consolidatory footing. However, key indicators are shifting bearish, with the
Hong Kong is preparing to introduce new regulations for virtual asset regulation. The Securities and Futures Commission (SFC) has released its conclusions from weeks of consultation on regulatory guidelines for cryptocurrency platforms. The new guidelines will come into force on June 1, and Hong Kong crypto exchanges will have to seek licenses under the Securities
yPredict is a new crypto trading and market intelligence platform that has been developed using state-of-the-art predictive models and data insights. It is also a first-of-its-kind, institutional-grade crypto price prediction system that is powered by yPredict’s in-house deep data analysis. This tool will help crypto investors discover the next explosive crypto with ease. The best
Cameron and Tyler Winklevoss, the founders of Gemini, are reportedly considering opening a second headquarters in the United Kingdom. The move comes as regulatory scrutiny increases in the United States. Several crypto exchanges have complained about the regulatory environment in the US, as regulators have doubled their enforcement actions against crypto firms in response to
The world of cryptocurrency has taken the financial industry by storm, with digital assets like Bitcoin, Ethereum, and Dogecoin surging to new heights. Futures contracts allow traders to speculate on the future price of a particular cryptocurrency, with the potential for profits if they correctly predict market movements. However, it is important to understand that
CEDEN Network Ltd, a Network-as-a-Service (NaaS) open-source infrastructure company, has acquired Galaxy Rendered Limited, a Web3 gaming innovator, for an undisclosed sum. The acquisition strengthens the foundation of the EDEN Content Creation Ecosystem with a wholly-owned subsidiary Web3 development studio and its debut metaverse game title, Rocket Monsters. The Acquisition The acquisition of Galaxy Rendered
UPbit, a South Korean exchange, announced that the Digital Asset Exchange Association (DAXA) has removed investment warnings on KAVA and WAVES and resumed deposits for these assets. DAXA had issued warnings about KAVA and WAVES in the past when stablecoins linked to them were discovered to be “not normally linked to 1 dollar”. At the
Bitcoin, the primary cryptocurrency, saw a reversal of its trajectory after slipping to $26,600 on Bitcoin pizza day, rising by almost $1000. Other altcoins like Ethereum (ETH), Polygon (MATIC), Shiba Inu (SHIB), Tron (TRX), and Avalanche (AVAX) also saw a slight increase, jumping by around 3% daily. Glassnode, an analytics resource, acknowledged that BTC had
Bitcoin NFTs have recently secured the second spot in the NFT sales per blockchain, proving their growing prominence in the market. This is a significant achievement since Bitcoin NFTs were almost non-existent until the emergence of Bitcoin Ordinals earlier this year. Over the past 30 days, Bitcoin NFTs recorded gross sales of $167 million, which
Upstream, a Web3 infrastructure company, is set to launch a comprehensive 24-week program called “My First DAO” to educate individuals interested in building decentralized autonomous organizations (DAOs). The program aims to cover topics such as governance structures, tokenomics, and compliance concepts, providing participants with the necessary tools for creating autonomous online communities. What sets this
ConsenSys, the blockchain firm behind MetaMask, recently issued a clarification that its self-custodial wallet does not collect taxes on crypto transactions. The company addressed rumors that had been circulating on social media, stating that the rumors were based on inaccurate information. The clarification comes after several users raised concerns over MetaMask withholding customers’ crypto assets
Web3 game development is revolutionizing the gaming industry by creating games that seamlessly interact with public blockchains. Blockchain-based game development platforms, such as Unity and Unreal Engine, are paving the way for developers to create engaging games with innovative features such as Non-Fungible Tokens (NFTs) and cryptocurrencies. In this article, we will explore the best