Today, the FBI announced that they had detained and filed charges against Rikesh Thapa, co-founder of Blockparty, a blockchain event firm, on charges that he stole $1 million in cash and cryptocurrency from the company to spend on personal luxuries. On Wednesday, the DOJ made allegations that Rikesh Thapa, 28,
A multi-year agreement between the major record label, Warner Music Group, and the Polygon-based Web3 music startup LGND Music was revealed today. It would allow artists signed to Warner Music Group labels to distribute music NFTs via the future Polygon-based marketplace. Set to start in January, LGND Music is an
According to reports and social media postings from impacted workers, video game company GameStop fired off another batch of employees today in anticipation of its forthcoming results report. According to Axios, the company’s crypto wallet staff was struck especially hard. A lead software developer at GameStop, identified as “Daniel Williams.”
Coca-Cola and Crypto.com will memorialize the passion, intensity, and remarkable skill of the top teams playing in the FIFA World Cup Qatar 2022™ in a series of NFT artworks inspired by the distinctive “heatmaps” formed by each team’s on-field attacks, tackles, and winning goals. The 10,000 unique NFTs were produced by
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
While the cryptocurrency market is surrounded by lots of scandals Reddit’s Non-Fungible tokens (NFT) collection achieved an all-time high on December 3. A total of 255,000 Reddit NFT avatars were minted in a single day. In addition, more than 200,000 Reddit avatars were minted each day on Aug. 30 and
Opera Crypto Browser, the world’s first multi-platform Web3 browser, revealed that it has teamed up with Alteon LaunchPad to make it simple for newbies to the Web3 or NFT arena to mint NFTs. Users will have access to a feature that allows them to drop media files in the browser,
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
This week’s cryptocurrency market recovery has been accompanied by significant price increases for several cryptocurrencies. The native cryptocurrency of the Ethereum-based decentralized exchange (DEX) Uniswap, UNI, is one noteworthy altcoin with recent gains. The UNI price increased by 6% on Wednesday after the debut of its new NFT Aggregator. Uniswap’s
OpenSea, a marketplace for NFTs, has stated that it intends to incorporate BNB Chain on its Web3 NFT marketplace protocol by the end of 2022. Because of Seaport Protocol, OpenSea users will soon be able to list, trade, and acquire BNB Chain NFTs. Binance’s BNB token is used to fuel
