Blockchain gaming market is a ‘game of musical chairs’ — Gunzilla exec
Gunzilla Games Web3 director says the biggest problem in blockchain gaming is the lack of “new money coming into the system.”
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SEC fines Coinschedule $200K over sponsored, favorable ICO ratings
The SEC asserts that Coinschedule violated anti-touting provisions of U.S. securities laws. 289 Total views 3 Total shares The U.S. Securities and Exchange Commission has settled charges against the defunct initial coin offering (ICO) review website Coinschedule.com for violating the anti-touting provisions of federal securities laws.But two SEC commissioners have penned an open letter in…

Pundits say crashing floor prices and sell volume signal that ‘the NFT market has died’
High-profile NFT sales have dominated the headlines, but the deeper analysis shows that most NFTs are worthless and that the market is highly illiquid. 3607 Total views 4 Total shares Nonfungible tokens (NFTs) dominated crypto and mainstream media headlines all throughout 2021 as investors who held CryptoPunks and other projects minted prior to 2018 were…

Enterprise Ethereum Alliance Opens Regional Office in China
The Enterprise Ethereum Alliance (EEA) is opening a regional office in China, according to a press release shared with Cointelegraph on Feb. 14.According to the press release, Weijia Zhang, vice president of engineering at blockchain interoperability startup Wanchain, has been appointed as the head for the new regional office. Zhang will reportedly be responsible “for…

Crypto community rallies with Ukraine as local NFT artists’ works sell out
In an act of solidarity, crypto enthusiasts from all over the world are helping the people of Ukraine press through difficult times. 649 Total views 33 Total shares It appears that crypto enthusiasts worldwide are rallying in support of Ukrainians during the difficult times. According to reports, Bitcoin (BTC) donations to Come Back Alive, a non-governmental…

Can the Ethereum blockchain roll back transactions? Understanding the limits and risks
Rollbacks in blockchain explained In blockchain, a rollback refers to reversing its history to counter a disastrous event, such as big hacks threatening to disrupt the ecosystem, the discovery of critical protocol bugs or centralization risks of network integrity. The Bybit hack, which resulted in a staggering $1.46 billion loss, has triggered a demand regarding

FTX sues Sam Bankman-Fried and other former execs to claw back $1B
Former FTX and Alameda Research executives Sam Bankman-Fried, Caroline Ellison, Gary Wang and Nishad Singh were named in the suit from FTX. 109 Total views 1 Total shares FTX has sued former CEO Sam Bankman-Fried and several other former key executives from the now-bankrupt crypto exchange to recover more than $1 billion in misappropriated funds. A…

Pakistani Prime Minister Addresses Digitization of Gov’t Administration
The prime minister of Pakistan has conducted a meeting dedicated to the digitization of government administration, local Egnlish language news outlet The News reported on April 17.At the meeting, Pakistani Prime Minister Imran Khan reportedly addressed such issues as digitization of government processes and blockchain technology’s impact on ensuring efficiency and transparency in its operations.…

Indonesia: $70 Million Capital Requirement for Bitcoin Futures Sparks Anger
Cryptocurrency traders are unhappy with regulators in Indonesia after it emerged Bitcoin (BTC) brokers now needed over $70 million to launch futures trading. Local English-language news outlet Jakarta Post reported on the development on Feb. 14.Following new regulations which came into effect last October, trading platforms wishing to offer cryptocurrency-based instruments can do so, while…