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“# Nuggets News CEO under fire over alleged unpaid loans and investments ” Alex Saunders, the popular crypto influencer behind Nuggets News, is facing a slew of claims he failed to repay crypto loans, along with allegations that funds invested in a new project had been redirected to a crypto exchange. Saunders is one of…
“# Cats cause chaos on Ethereum again as Mila Kunis project sells out in 35 minutes ” Tokenized cats have once again caused chaos on the Ethereum network after an NFT project from actress Mila Kunis sold out in 35 minutes. It echoes the launch of another cat-based NFT project CryptoKitties, which famously gummed up…
“# Crypto app Valora raises $20M, becomes independent from Celo ” Celo-powered crypto wallet Valora has closed on a $20 million funding round, as the company announced it will become a standalone entity. In a Tuesday announcement, Valora said Andreessen Horowitz, Polychain Capital, SV Angel, Nima Capital, NFX, Valor Capital, and others had invested $20…
“# NFT animation ‘Stoner Cats’ preps for launch following delay ” A cat-themed animated series, featuring prominent entertainers and personalities from the crypto space, is reportedly back on schedule after an unexpected delay. Stoner Cats is an NFT series launched by actress Mila Kunis in partnership with CryptoKitties co-founder Mack Flavelle, CryptoPoops NFT creator Jonathan…
“# Robinhood introduces feature aimed at protecting investors from crypto volatility ” Stock and cryptocurrency trading app Robinhood is reportedly exploring a way for users to be better protected from volatile crypto prices. According to a Tuesday Bloomberg report, the trading app is working on a feature called “price volatility protection,” which would modify certain…
“# Powers On… Why the fear of ICO enforcement and liability is coming to an end ” Powers On… is a monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an adjunct…
“# Dash launches retail consumer app for shopping in stores across America ” Dash has announced the launch of DashDirect — a consumer app that allows users to spend the DASH cryptocurrency in stores across America. In an announcement released on Tuesday, Dash revealed that the new customer-focused app will offer up to 12% in…
“# Blockchain tech is holding NFTs back because of these three design flaws ” Years after CryptoKitties were released to the masses, the nonfungible token (NFT) sector is finally going places. Coveted collectibles are selling for millions of dollars in some of the world’s finest auction houses. Top-flight soccer and basketball teams are releasing once-in-a-lifetime…
“# 1inch Foundation plans to distribute 10M tokens to compensate for gas costs ” The non-profit arm of decentralized exchange aggregator 1inch plans to give away more than $23 million to users starting September 1. In an announcement on Tuesday, the 1inch Foundation said it would begin distributing 10 million of its native 1INCH in…
“# NFT-based game Splinterlands raises $3.6M via private token sale ” Splinterlands — a trading card game built on the blockchain — has concluded a private token sale that netted the company $3.6 million in proceeds, offering further evidence that investors are keen to back promising crypto plays. The sale centered around the SPS token,…