Six indicted in cryptocurrency and NFT fraud schemes that netted more than $130 million

The four cryptocurrency fraud cases announced by federal prosecutors this week include the single largest NFT scheme charged to date.

What Has Been Happening in the Crypto Space Over the Last Week?

Despite the crypto market waving a red flag, there are few projects launched in the market, making positive news, in the past week. One of the most notable happenings in the crypto industry is...

US DoJ is ramping up criminal prosecution of crypto scams, 4 big indictments in the last few days. Reckoning is...

US DoJ is ramping up criminal prosecution of crypto scams, 4 big indictments in the last few days. Reckoning is coming for many of the scammers from the last 2 years including NFT grifters. All of...

Exit Festival to Offer NFT Tickets in Partnership with NFT-TiX

Exit Festival, which is one of Europe’s largest music events, is teaming up with New Jersey-based startup NFT-TiX to… The post Exit Festival to Offer NFT Tickets in Partnership with NFT-TiX...

MakerDAO members shoot down proposal for more centralization

In a major win for decentralization, members of MakerDAO, the lending protocol behind the Dai stablecoin, have rejected a series of proposals that would have seen the protocol’s governance...

Experts Believe BTC Could Hit $10k Bottom in Next Few Months

With the global crypto market trading low and BTC price tumbling, many crypto enthusiasts are optimistic, whereas many others are pessimistic about the future price value of Bitcoin . The good...

NFT hype evidently dead as daily sales in June 2022 dip to one-year lows

Nonfungible tokens took center stage in the year 2021 as artists, influencers, A-list celebrities and the sports industry finally came across a fan engagement tool that empowered the general...

Miramax: Tarantino Does not Own the Copyrights of Pulp Fiction Screenplay NFTs

The legal battle over the Pulp Fiction “NFT” copyrights is heating up because millions of dollars are at stake. Quentin Tarantino recently asked the court to drop the case because he still owns...

Multisigs mean funds in bridges are ‘one small slipup’ from being hacked

The recent exploit on Harmony’s Horizon Bridge revealed the inherent flaws with multisignature admin keys that leave projects and their users “one small slipup” from deep trouble. Two crypto...

NFT hype evidently dead as daily sales in June 2022 dip to one-year lows

The NFT boom, which started in early 2021, upheld its glory until May 2022. However, the hype around NFT did not manage to stand its ground. Sales plummeted to one-year lows amid the ruthless bear...

NFT hype evidently dead as daily sales in June 2022 dip to one-year lows

The NFT boom was supported by a healthy and bullish crypto ecosystem and positive investor sentiment. However, Bitcoin’s bear market had an adverse impact on the crypto ecosystem.

For Freedom: Julian Assange Subject of NFT Drop At Venice Biennale

Imprisoned WikiLeaks founder Julian Assange is the subject of a new NFT collection that features at this year’s Venice Biennale art exhibition. The collection, This Cannot Be Erased, is a...

Better days ahead with crypto deleveraging coming to an end

The historic deleveraging of the cryptocurrency market could be coming to an end, which could signal the close of the worst of the bear market, according to a JPMorgan analyst. In a Wednesday...

Win Thor NFTs in Cinemark and Disney’s Instant Win Competition

American movie theatre chain Cinemark has teamed up with Disney to host an NFT-infused competition to celebrate the launch… The post Win Thor NFTs in Cinemark and Disney’s Instant Win Competition...

NFT sales hit 12-month low after cryptocurrency crash

Sales of non-fungible tokens totalled just over $1bn in June, compared with peak of $12.6bn in JanuaryNon-fungible tokens have been swept up in the cryptocurrency crash as sales reached a 12-month...

NFT Artist Uses DAO to Support the Fight for Reproductive Rights in U.S

NFT artist Molly Dickson is raising funds to support reproductive rights activists in the U.S. with a 10,000-piece NFT collection. The initiative is taking place in the wake of the U.S. Supreme...

Coinbase NFT Releases New Features as It Struggles to Attract Traders

Coinbase continues to build out its eight-week-old NFT marketplace touting an engagement-first approach.

Snoop Dogg Still Bullish On Ethereum Despite NFT Trades Declining 70%

American rapper Snoop Dogg has been one of the most prominent names when it comes to the non-fungible token (NFT) and Web3 space. Snoop Dogg has launched several projects across different...

DOJ Announces Charges Against Solana-Based NFT Developer for Alleged Rug Pull Scheme

The U.S. Department of Justice (DOJ) is pressing charges against a Solana (SOL) non-fungible token (NFT) developer who allegedly pulled the rug on investors. According to a new press release, the...

Data breach of NFT marketplace OpenSea may expose customers to phishing attacks

An employee at Customer.io misused their access to download and share email addresses of OpenSea users and newsletter subscribers with an unauthorized external party. Anyone who shared their email...

Optimism's Quixotic Hacked, Promises to Reimburse All Affected Users

Quixotic, an NFT marketplace that runs on Optimism, revealed that wrongdoers breached its security and drained ERC-20 tokens. The team advised its customers to cancel their offers “immediately,”...

OpenSea suffers data breach, email addresses leaked

On Thursday, OpenSea suffered a data breach after an employee at the platform's email delivery partner leaked user data. The marketplace revealed in a blog post that an employee of Customer.io...

Chinese tech giants push for NFT self-regulation

Several Chinese tech giants, including Ant Group, Tencent, Baidu , and JD (NASDAQ:JD).com have signed a pact to "self-regulate" their activities in the NFT space. According to a statement released...

DOJ accuses NFT developer of $2.6 million 'rug pull' scam

NFTs scammers will have to watch their backs because authorities are out to get them. In its latest attempt at bringing the much-needed sanctity to the NFT space, the US Department of Justice has...

Facebook is testing NFT tab in the US

In the most recent update, Facebook, which is owned by Meta, started testing a tab for digital collectibles with a few creators in the United States. Creators will be able to show their...

Over 200 Bored Ape Yacht Club owners signed up to squeeze some cash out of their NFTs by licensing them to brands

The Boredjobs marketplace wants to link Bored Ape NFT owners to licenses from companies. “We realized NFT holders wanted to put their apes to work, brands wanted to hire apes, but nothing was...

Himo World Announces Open Beta of PvP Strategy Game

Melbourne, Australia, 1st July, 2022, Chainwire Himo World, an NFT-based strategy game developed by Kaofox Corp, has announced its open ...Read More...

OpenSea’s $13B valuation doesn’t make sense as NFT trading volumes plunge

The web3 faithful will note that the NFT market goes up and down, and as it is down today, it will go up again. That may be true, and it may even be correct soon. Today, however, it is not true.

Following the acquisition of Gem and Genie, NFTGo.io, a prominent NFT data aggregator, rises to the top

The 4th NFT NYC was held in New York, USA, from June 20 – 23, 2022. The post Following the acquisition of Gem and Genie, NFTGo.io, a prominent NFT data aggregator, rises to the top appeared first...

Ashanti aims to bring women to Web3, says “owning is important” at NFT music meetup

The billion-dollar music industry is undergoing a major transition as artists begin to understand the potential of owning their work through nonfungible tokens . Ashanti, the...

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