Hadean will establish a U.S. team to help Yuga Labs build out tech for the Bored Ape Yacht Club-themed Otherside metaverse.
BNB is ‘Hotel California’ Coin For Binance Chief CZ — Analyst
Key Takeaways: According to reports, market maker Sigma-Chain faced or mat face a shortfall. The hedge fund is owned by Binance CEO Changpeng Zhao (CZ). Since Sigma-Chain provides liquidity for BNB, its crash could devastate Binance. BNB is ‘Hotel California’ Coin For Binance Chief CZ — Analyst Read CoinChapter.com on Google News YEREVAN (CoinChapter.com) — […]
Deadmau5-Backed Nitro Nation NFT Racing Game Hits iOS and Android
Blankos Block Party and NFL Rivals game developer Mythical Games has launched Nitro Nation World Tour (NNWT), a free-to-play mobile drag racing game with licensed car NFTs from luxury brands like McLaren, Aston Martin, and Jaguar. In NNWT, gamers can race each other in real-time or play through the game’s campaign mode after fine-tuning their […]
Sui Foundation repurposes 117 million tokens for community development
The Sui Foundation reallocates 117 million SUI Tokens from external market makers to accelerate ecosystem development and support growth initiatives, including decentralized applications and liquid staking protocols.
Shiba Inu Whale Abruptly Moves 4,584,530,677,374 in SHIB – Here’s Where the Crypto’s Headed
A deep-pocketed Shiba Inu (SHIB) trader is suddenly moving trillions of SHIB out of a Netherlands-based crypto exchange platform. New data from whale-surveying platform Whale Alert reveals that the Shiba Inu whale has shifted 4,584,530,677,374 SHIB, worth about $33 million, out of Bitvavo and into an unknown wallet. According to Ethereum (ETH) blockchain explorer Etherscan, […]
Trio Involved in Crypto Fraud Sentenced to Prison, Ordered To Forfeit $100,000,000 in Bitcoin and Other Assets
Three of the perpetrators behind the AirBit Club cryptocurrency Ponzi scheme are now facing jail time and forfeiture of millions worth of illegally acquired assets. AirBit Club is an international fraud and money-laundering ring that deceived investors by posing as a crypto mining and trading company. District Judge George B. Daniels sentenced Scott Hughes, Cecilia […]
Ledger lays off 12% of staff, citing ‘macroeconomic headwinds’
The wallet manufacturing firm reportedly had roughly 734 employees at the time of publication, suggesting that roughly 88 people may have lost their jobs.
Jury Selection Drama: Meet the 12 Who Will Decide Sam Bankman-Fried’s Fate
Sam Bankman-Fried’s trial starts with jury selection and a surprising change in his appearance. Twelve jurors, diverse in background, are chosen to decide on seven fraud and money laundering charges. The trial of Sam Bankman-Fried, accused of orchestrating a significant financial fraud, kicked off this week. This article will provide an overview of the trial’s […]
Are Developers Leaving Crypto? Here’s What’s Going On
The number of active, open source developers in crypto has reached its lowest point since 2020, according to Web3 VC firms Andreessen Horowitz (a16z) and Electric Capital. Data from the former’s State of Crypto Index shows that crypto coders have nearly halved from their peak last year, sliding from 36,500 active devs in January 2022 […]
BIS Proposes More Bank Supervision After 2023 Crisis
The Bank for International Settlements (BIS) cited the concentration of crypto assets in banks as one of the reasons for the 2023 banking crisis. At the end of June 2022, banks had $4.2 billion in direct exposure to crypto assets. Signature Bank, the BIS argues, failed to perceive the risks of relying on crypto industry […]