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“# SafeMoon pump and dump lawsuit targets Jake Paul, Soulja Boy, and others ” A new class-action lawsuit demands a jury trial against A-list celebrities and social influencers for their alleged participation in a classic pump and dump scheme relating to SafeMoon tokens. SafeMoon, a Binance Smart Chain-native cryptocurrency, allegedly recruited a number of celebrities…
“# BTC helped us unseat a 20+ year incumbent: Aarika Rhodes on Bitcoin Day ” Aarika Rhodes, an elementary school teacher-turned congressional candidate, recently featured in the Bitcoin Day Sacramento 2022 event to discuss the impact of Bitcoin (BTC) in local politics. Speaking to Cointelegraph, Rhodes highlighted the difficulty for grassroots candidates like herself to…
“# Mining worldwide: Where should crypto miners go in a changing landscape? ” One of the main themes among the crypto community in 2021 was China’s aggressive policy toward mining, which led to a complete ban on such activities in September. While mining as a type of financial activity has not gone away and is…
“# OpenSea smart contract upgrade to delist inactive NFTs on Ethereum ” OpenSea, one of the most popular nonfungible token (NFT) marketplace, has rolled out an upgrade to its smart contract, a proactive measure to weed out inactive listings on the platform. As a part of the planned upgrade, all OpenSea users will need to…
“# Decentralization revolutionizes the creator’s economy, but what will it bring? ” From video game enthusiasts monetizing their passions as shout casters to fashion influencers supercharging their careers into livestreamers on e-commerce platforms, the creator economy flourished, evolved and matured in the past year. Largely catalyzed by the ongoing COVID-19 pandemic, contemporary creators benefited from…
“# Crypto Biz: JPMorgan enters the Metaverse, Marshall Islands legalizes DAOs, Feb. 10–16 ” Last week’s Crypto Biz newsletter explained how Wall Street is essentially marketing Bitcoin (BTC) for us after Wells Fargo said digital assets could “soon hit a hyper-inflection point” in terms of adoption. This week, JPMorgan Chase issued its own bullish outlook…
“# Terra injects 450M UST into Anchor reserve days before protocol depletion ” In a tweet published early Friday, Do Kwon, founder of Terraform Labs, the entity developing the Terra Luna (LUNA) and Terra USD (UST) stablecoin ecosystem, announced the injection of 450 million UST ($450 million) into the Anchor protocol’s reserves. The proposal passed…
“# Binance exec to lead crypto expert center by Russian bank association ” Amid Binance halting its services in countries like Israel over licensing matters, the world’s largest cryptocurrency exchange by trading volume continues strengthening relations with Russia. Binance announced Thursday its entry into the Association of Banks of Russia, aiming to facilitate dialogue with…
“# Nifty News: UFC Strike marketplace, Horrific Crypt TV, and new travel NFTs ” NFT developer Dapper Labs launched the UFC Strike nonfungible token (NFT) marketplace on Feb. 18, contributing to a 50% increase in NFT sales on the Flow blockchain over the last 24 hours. Dapper Labs is the company behind NBA Top Shot,…
“# Circle’s valuation doubles to $9B following revised merger agreement with Concord ” USD Coin (USDC) operator Circle has seen its valuation double to $9 billion after the company revised its merger agreement with Concord Acquisition Corp, a special purpose acquisition company (SPAC) founded in 2020. Circle announced Thursday that it had terminated its previous…