It seems Do Kwon cannot catch a break. After being tied to one of the most embarrassing fiascos to ever occur within the confines of the crypto space (the collapse of Terra Luna, an algorithmic stable currency), authorities in South Korea have issued a warrant for his arrest as well as many other executives or staff members thought to have been involved in the currency’s death. Now, it looks like all his crypto assets are being frozen. They Keep Pursuing Do Kwon...
Read More »Bitcoin Struggles at $19K, Crypto Market Stagnates on Global Inflation Woes: This Week’s Recap
The cryptocurrency market went through little volatility over the past seven days and is currently found almost where it was this time last week. The sentiment remains overly fearful as global inflation woes and economic unrest settle in. Starting with Bitcoin, it lost roughly 1.8% in the past seven days, going through almost no volatility whatsoever. The cryptocurrency attempted a break above the critical level of $20,000 but to no avail. It was quickly rejected by the...
Read More »Renovi and Aftermath Islands Partners to Launch First NFT Buildathon
Per the announcement, entries to participate in the buildathon will continue until January 9 2023, and the submissions will be judged by a panel of NFT and metaverse veterans.Renovi, a metaverse marketplace, and design studio has launched the first Non-Fungible Token (NFT) Buildathon in partnership with Aftermath Islands Metaverse Limited. As contained in a Press Release shared with Coinspeaker, the buildathon, dubbed the Next Top Metaverse Build will enable artists, architects, and entrants...
Read More »Telegram to Auction Usernames on TON Blockchain
Cross-platform, cloud-based instant messaging service Telegram has announced that it will auction usernames on TON.According to reports, Telegram plans to auction usernames on The Open Network (TON) blockchain. This decision comes two months after Telegram founder Pavel Durov first floated the idea. A message on an official channel belonging to the dual-headquartered platform read that “a few weeks ago, the founder and CEO of Telegram announced the upcoming ability to buy and sell unique and...
Read More »Twitter Partners with Major NFT Marketplaces to Launch New Web3-Focused Feature
Twitter alongside other social media platforms continue to play remarkable roles in the quest to get NFTs to be globally recognized and adopted.Twitter is working with notable NFT marketplaces such as Rarible, OpenSea, GuardianLink’s Jump.trade, and Dapper Labs to launch a cool new NFT feature. Called “tweet tiles”, the feature will allow Twitter users to share non-fungible tokens (NFTs) as well as call-to-action (CTA) collection objects on the platform.It should be mentioned that the “tweet...
Read More »Crypto Service Provider Prime Trust to Return $17M to Celsius Network
Earlier, Celsius Network said that Prime Trust refused to fulfill its obligation of transferring the $17 million in crypto assets at the time of dissolving the agreement. On Thursday, October 20, crypto service provide Prime Trust agreed to return $17 million to troubled crypto lender Celsius Network. Prime Trust is popular for offering custodial services for digital assets.Celsius Network and Prime Trust CaseThe company reportedly held $119 million of Celsius’ assets. In August, Celsius...
Read More »Elon Musk Comments on New Development in Ripple-SEC Case
The Ripple team believes the Hinman documents will reveal the SEC’s double-handedness in dealing with the case.The world’s richest man Elon Musk has seemingly thrown his weight behind Ripple as a new development in the Ripple-SEC case proves the blockchain company is one step closer to victory.After Ripple’s counsel, Stuart Alderoty confirmed the receipt of the long-awaited Hinman documents, Ripple CEO Brad Garlinghouse took to Twitter to express his disappointment. After Garlinghouse’s...
Read More »Bitcoin Cash Analysis: Risk of More Losses Below $102
Bitcoin cash price started a fresh decline from the $112 zone against the US Dollar. The price is now trading below the $112 zone and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $108 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could start a recovery wave if there is a clear move above the $110 and $112 levels. Bitcoin cash price is declining from the $112 zone against the US...
Read More »Warner Bros Debuts Lord of the Rings NFTs in Partnership with Eluvio
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Read More »Mango Markets to Begin Returning Stolen Funds from $114 Exploit
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