Artist threatens legal action on ‘Chill Guy’ meme tokens; community responds

Cory Van Lew, the digital artist behind Mike Tyson’s NFT collection, will drop his iHeartMedia-inspired line-up on Sept. 14. 313 Total views 300 Total shares Mass media holding company iHeartMedia is planning to distribute free nonfungible tokens, or NFTs, in partnership with sustainable NFT platform OneOf — a campaign that could introduce more music lovers…

Caradano’s native gas-paying token ADA received a big blow at the start of June when the SEC regarded it as a security in its lawsuit against Binance and Coinbase.The lawsuit triggered a 42.5% drop in ADA’s price from $0.37 to a two-year low at $0.21 within a few days after SEC’s lawsuit.Additionally, the token faced…

Portals co-founder Adam Gomez explained that a browser-based platform lowers the barrier to enter metaverse for many people. 1129 Total views 22 Total shares Metaverse startup Portals has raised fresh funds to finance its browser-based metaverse that allows people to enter without virtual reality (VR) equipment.Portals co-founder Adam Gomez told Cointelegraph that a browser-based platform…

Coinbase has long been considered an important bellwether of the cryptocurrency market. Last year, when the company was expanding its workforce, adding institutional clients and issuing stock, crypto prices were hitting record highs. Now, in the depths of crypto winter, Coinbase finds itself slashing a fifth of its workforce, losing retail trading volume and contending…

Judge Bruce Reinhart has slammed Craig Wright for producing forged documents and giving perjured testimony during the ongoing litigations between Wright and Ira Kleiman during a hearing concerning the Tulip Trust. Reinhart questioned Wright’s credibility, noting that — in the past — the self-proclaimed Satoshi Nakamoto had openly lied to the court:“Particularly given my prior finding…

A new lobbying group will seek to educate legislators and create pilot programs to convince them of the utility of Web3. 485 Total views 21 Total shares Lobbying by the cryptocurrency industry and crypto proponents is booming in the U.S. Congress. According to a report released Tuesday by Public Citizen, the number of lobbyists for…

Japan's FSA warns Binance, Bybit, MEXC Global and BitForex, among others, for unregistered operations as it cracks down on crypto exchanges in Japan. 187 Total views 1 Total shares Own this piece of history Collect this article as an NFTIn a warning letter released on Friday, Japan's Financial Services Agency (FSA) said that a number…

Cryptocurrencies had a volatile week after Bitcoin's (BTC) sudden crash to $33,000 on Jan. 24. However, the sharp 9% drop fully recovered within 8 hours after BTC price regained the $36,000 support.On Jan. 26, Bitcoin rallied to $38,960 but it could not sustain the level and corrected by 8.8% in the following 8 hours. When…

Panelists at the recent MENA Climate Week 2022 examined how blockchain technology can contribute to green initiatives.Hosted by Dubai’s Ministry of Climate Change and Environment, Dubai Electricity and Water Authority, and the World Green Economy Organization along with various institutions under the United Nations Environment Programme and in partnership with renewable energy groups, the event…