State securities regulators in Texas, New Jersey, Kentucky, and Alabama issued orders. Slotie runs gambling games in more than 150 different online casinos. State securities agencies in four jurisdictions have joined forces to accuse a metaverse casino of breaking the law. By offering for sale NFTs that are considered securities.
The creators of Ethereum NFTs have earned $1.8 billion in royalties from their creations’ secondary sales on exchanges like OpenSea, according to a new analysis published by Mike Novogratz’s Galaxy Digital. Researchers Sal Qadir and Gabe Parker from Galaxy Digital discovered that the average royalty charge for NFT writers on
As part of their investigation into an unlawful gambling network, Turkish officials have confiscated $40 million worth of cryptocurrencies. When it comes to gambling, Turkey is quite strict. The government outlawed casinos in 1998. And since 2006, all forms of internet gambling have been illegal, with the exception of a
The Olympus treasury holds a variety of assets including DAI and FRAX. OlympusDAO is a decentralized reserve currency system using the OHM token. Early this morning, a hacker stole 30,000 OHM tokens from OlympusDAO, which are valued at over $300,000. However, hours later, the attacker returned the assets to the
Global crypto market cap stood at $918.15B at press time. Bitcoin and Ethereum goes up by 0.08 and 0.09% in the last 1h. Bears’ dominance in the highly volatile arena seems to be slightly lower and the global crypto market cap showed up 0.83% spike to reach $918.43 billion over
Cardano’s price remains extremely volatile as macroeconomic conditions decimate the crypto market. Cardano is trading at $0.3454 at the time of writing, up nearly 2% in the last 24 hours. The existing cryptocurrency market is in flux. The crypto has been struggling as sources indicate that the US Federal Reserve
Oanda’s partner Paxos tokenizes, trades, and settles assets. A new crypto exchange for institutional investors was also established by former forex traders from Jeffries Financial Group. Oanda, a multi-asset trading company based in New York, has introduced a new cryptocurrency trading service in the country. This most recent improvement, created
DeFi App Maple Finance imposed tighter restrictions for borrowers. Borrowers on Maple Finance are mandated to sign up with Credora. Decentralized finance App Maple Finance imposed tighter restrictions for borrowers on its platform, to lower counterparty risk after a wave of disasters hit the cryptocurrency market this year. Borrowers must
In late 2015, I (Dr Gavin Wood), Aeron Buchanan, TJ Saw, Ken Kappler, and Jutta Steiner launched what would become Parity as EthCore; a year later, Björn Wagner also joined the team as a co-founder. We did not place a high value on rigid job titles in those early days
The value of one Toncoin (TON) has increased by close to 12 percent in the last day. TON blockchain announced its partnership with messaging app Telegram. Telegram, a platform for instant messaging, stated on Friday that the domain name auctions will begin shortly since the marketplace for supplying unique names
