Despite being relatively new to the scene. Layer 1 blockchain network Sui has quickly established itself as one of the most alluring venues for Web3 game developers. Web3 platforms like Polygon, Immutable, Avalanche, and Solana provide a growing library of games at various stages of development. In contrast, Sui, which
May 7, 2023 1 min read
In response to Coinbase’s request for clarification, a U.S court has asked the Securities and Exchange Commission (SEC) to state whether or not it would let the sector be regulated using current frameworks. The SEC has recently increased its enforcement proceedings and warnings against cryptocurrency businesses, including Coinbase, the largest
May 6, 2023 1 min read
The Central Bank of Argentina is cracking down on the cryptocurrency sector. The bank issued a statement yesterday saying that payment processors are no longer allowed to provide clients with access to cryptocurrencies like Bitcoin. The BCRA, Argentina’s Central Bank, cited the rationale as a desire to “mitigate risks.” Several
May 6, 2023 1 min read
The Star Wars NFT collection, due out on May 24th, is Cryptoys’ newest pop culture “digital toys.” After its collaborations with toy company Mattel on the Masters of the Universe series. Cryptoys claims the Star Wars NFTs will cost $39.99, the same as their past collections. On Thursday, the NFT
May 5, 2023 1 min read
Developers at Joint L1 Task Force, working on Terra Classic (LUNC), have updated the rebel-2 testnet to version 2.0.0 with Cosmos SDK version 0.45. The May 31st Cosmwasm v1.1.0 update (parity) will enable projects and builders from Cosmos and Terra Luna 2.0 to once again construct on the Terra Classic
May 5, 2023 1 min read
On May 3 in a New York federal court, the former OpenSea manager who was suspected of insider trading of NFTs was found guilty of wire fraud and money laundering. Prosecutors claim that former OpenSea product manager Nathaniel Chastain was responsible for selecting the NFTs that would be offered for
May 4, 2023 1 min read
Investment management company ARK Invest, managed by Cathie Wood, increased its holdings in Coinbase, the largest cryptocurrency exchange in the United States, on Tuesday. Amid the recent regulatory stand initiated by the exchange, the investment firm reportedly acquired an additional 147k shares of Coinbase (COIN). Cathie Wood’s Ark Investment reportedly
May 3, 2023 1 min read
Zeebu has launched the world’s first loyalty utility token designed specifically for the Telecom Carrier Industry. Global connection is made possible by the collaboration of telecom carriers and major telecom operators. By introducing a blockchain-based settlement platform to the telecom carrier market, Zeebu is establishing itself as a leader in the industry. Thanks to
May 2, 2023 2 mins read
Poloniex, a cryptocurrency exchange located in Boston, has agreed to pay a staggering $7.59 million. This is to resolve sanction breach accusations with the Office of Foreign Asset Control (OFAC) of the U.S. Treasury Department. A press release from OFAC claims that the exchange violated more than 66,000 different penalties.
May 2, 2023 1 min read
Coinbase (NASDAQ: COIN) officials, including Chairman and CEO Brian Armstrong, have been named in a new lawsuit. It is alleged that they used insider knowledge to profit by $1 billion. During the stock’s public debut two years ago. On Monday, May 1st, the investor filed a lawsuit in Delaware Chancery
May 2, 2023 2 mins read
