Fri, June 26

Watchmaker TIMEX Launches Collection of 500 BAYC Watches

Soon, the proud owners of Bored Ape Yacht Club (BAYC) NFTs will be able to flaunt their PFPs on their wrists, forever preserved in a one-of-a-kind Timex timepiece. Timex has teamed up with the Bored Ape Yacht Club to offer 500 watches that prominently feature the owner’s Ape or Mutant

December 5, 2022 2 mins read

SBF Open Ups With His Unwillingness to Appear Before the US Committee

Sam Bankman-Fried, the former CEO of FTX, has said he won’t testify before Congress until he’s finished learning and assessing what transpired. U.S. Representative Maxine Waters invited Bankman-Fried to appear at a hearing for the U.S. House Committee on Financial Services on December 13 to investigate “what happened” at FTX

December 5, 2022 2 mins read

Decipher 2022: A Mega Convention of Blockchain Enthusiasts in Dubai

Algorand’s Decipher 2022 event left everyone astonished with the turnout of guests and the positivity among them amidst the gloomy cryptomarket scenario. Decipher 2022 was the second annual gathering organized in Dubai, pro-blockchain geography, for the Algorand community, which is inclusive of builders, founders, investors, and strategists. We have arrived

December 4, 2022 2 mins read

Ex-President of FTX U.S Seeking $6 Million to Launch New Firm

Former FTX US president Brett Harrison is now trying to raise money for a new cryptocurrency firm. The report states that he is attempting to raise $6 million while valuing the firm at $60 million. The company’s stated goal is to develop cryptocurrency trading software for institutional investors. This comes

December 3, 2022 1 min read

MetaMask CEO Criticizes Apple’s 30% Tax Cut on Transactions

Coinbase Wallet said on Thursday that it would no longer allow NFT transfers for iOS customers because of the 30% gas tax that Apple adds to each transaction. In response to Apple’s drastic cutbacks, MetaMask wallet co-founder Dan Finlay said that he is ready to join Coinbase in abandoning the

December 3, 2022 1 min read

FTX Japan Enables Users to Withdraw Their Funds

The Japanese unit of the insolvent crypto-empire FTX announced that it is striving to allow users to withdraw their funds. FTX Japan opens the door in the mid of the extremely unprecedented circumstance in which investors withdraw funds back from the bankrupt exchange. Sam Bankman Fried’s FTX Japan momentarily halted

December 3, 2022 1 min read

South Korean Court Dismisses Terra Co-founder’s Arrest Warrant

The Seoul Southern District Court has rejected the prosecutors’ arrest warrant of Terraform Labs associates. According to Yonhap News Agency, the court has dismissed the arrest order of several Terra officials, including Daniel Shin, co-founder of Terraform Labs with Do Kwon. In a text message, the South Korean Court stated

December 3, 2022 2 mins read

Magic Eden Introduces OCP Tool to Mandate NFT Creator Royalties

There is a potential danger to creator royalties in the NFT arena. Particularly on Solana, where almost all major markets have ceased mandating that traders pay the costs. Magic Eden, the most popular Solana marketplace, has recently taken action toward establishing a more stable method to enforce creator royalties. The

December 2, 2022 2 mins read

Coinbase Claims Apple Suspended the Crypto Wallet App

Coinbase Global Inc announced on Thursday that users of Apple Inc iOS are no longer able to transmit non-fungible tokens (NFTs) to their cryptocurrency exchange wallets. Furthermore, coinbase states in a tweet that Apple has block the latest recent app release until the feature is disable. You might have noticed

December 2, 2022 2 mins read

FTX Founder SBF Unaware of Illicit Use of Customer Funds?

The notorious founder of the bankruptcy cryptocurrency exchange FTX, Sam Bankman-Fried, denied committing fraud while admitting significant managerial faults. At the same time, SBF claimed that he was unaware of any wrong transactions that includes funds from FTX and his trading company Alameda Research. Mystery surrounds the disappeared billions, which

December 2, 2022 1 min read