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Search Results for: blockchain

Core DAO Launched Its CORE Token

Today, a layer 1 blockchain Core DAO publicly launched its first-ever Airdrop for its native token CORE. Also, the token was made available to users with an opening price of $4.27. At the time of writing, CORE traded at $5.95, which surged over 40% in just half an hour of

February 8, 2023 2 mins read

Saudi Metaverse Partnership Pushed Sandbox (Sand) Price by 30%

The Sandbox (SAND) experienced a surge of 30% following the announcement of a strategic partnership between itself and Saudi Metaverse. The first government-backed blockchain project in the Kingdom of Saudi Arabia. Through this partnership, Sandbox will collaborate with Saudi Metaverse. Thus bringing its world-building tools and expansive NFT library to

February 8, 2023 2 mins read

ConsenSys To Support Lawsuit Challenging IRS Over Tax on Staking Rewards

On Tuesday, leading blockchain firm ConsenSys made public its intention to contribute to a case that challenges the Internal Revenue Service’s (IRS) authority to tax staking rewards. The Jarretts, a Tennessee couple, filed a claim against the IRS in 2021 to recoup the federal income taxes that had been withheld

February 8, 2023 1 min read

Thallo Announces Two-Way Bridge Integration with Puro.earth Registry

Thallo’s second registry integration will offer customers access to the first-ever tokenized carbon removal credits from a registry LONDON–(BUSINESS WIRE)–Pioneering climate tech Thallo today announced a technical integration with carbon removal registry Puro.earth, expanding the range of credits that can be brought onto the Thallo platform to include Puro Standard-issued

February 8, 2023 4 mins read

DeFi Protocol CoW Swap Exploited of 551 BNB in Recent Attack

A vulnerability in the smart contracts underlying the decentralized finance (DeFi) protocol CoW Swap has resulted in the theft of around 551 BNB worth around $181,600. The attacker reportedly added a wallet address as a “solver” of CoW Swap. And then used a transaction to authorize DAI transfers to SwapGuard

February 8, 2023 1 min read

Former Coinbase Product Manager Admits Insider Trading

Ishan Wahi, the former product manager for Coinbase Global Inc (COIN.O), entered a guilty plea on Tuesday in what U.S. prosecutors have dubbed the first insider trading case using cryptocurrency. As per reports, the prosecutors claim that Wahi gave his brother Nikhil and friend Sameer Ramani access to confidential information.

February 8, 2023 2 mins read

WeTransfer Forays Into NFT Sector by Partnering With Minima

The freemium model file-sharing platform WeTransfer is taking a step towards Web3. By forming cooperation with Minima to enable the creation and transmission of NFTs from mobile devices. WeTransfer’s Chief Creative Officer Damian Bradfield said that the company decided to cooperate with Minima because their goals and those of their

February 7, 2023 1 min read

Sorare NFT Card of Giannis Antetokounmpo Sells For $187,000

On Sunday, a 1/1 NFT card of Giannis Antetokounmpo sold for $187,000 in Ethereum, setting a new record for the most ever paid for a Sorare NBA card. For such a young platform, this month’s sales were particularly impressive. The one-of-a-kind Antetokounmpo NFT sold at auction over the weekend on

February 7, 2023 1 min read

Dubai Regulator Issues Regulations For Virtual Asset Service Providers

New regulations for virtual asset service providers (VASPs) in Dubai have been announced by the Virtual Asset Regulatory Authority (VARA). It is the government body in charge of regulating cryptocurrencies there. Irina Heaver, a lawyer specializing in blockchain and cryptocurrencies located in the United Arab Emirates. She has informed that

February 7, 2023 1 min read

Niche Protocol Announces Public Beta Launch of Ad-Free Social Media Platform Geared for Web3

LOS ANGELES–(BUSINESS WIRE)–Niche—an ad-free, decentralized social media platform consisting of user-owned clubs where members can own and sell their own content—has announced the public beta launch of its app, which can be accessed openly on the App Store: https://apps.apple.com/app/niche-member-owned-clubs/id1620807336 The beta launch is the perfect time to create clubs that

February 7, 2023 4 mins read