Dolce & Gabbana face class action lawsuit after NFT delivery kerfuffle
The suit alleges that delays in delivery caused purchased NFTs to lose 97% of their value.
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‘Billion of users adopting Bitcoin? Maybe in ten years’, says Dan Held
The process leading Bitcoin to the status of world reserve currency could take a decade, according to Kraken’s growth lead. 253 Total views 1 Total shares Bitcoin has a good chance of becoming the world reserve currency, although we are “at least ten years away from that”, said Kraken's head of growth Dan Held in…
Price analysis 2/16: BTC, ETH, BNB, XRP, ADA, SOL, AVAX, LUNA, DOGE, DOT
Bitcoin (BTC) and the U.S. equity markets are facing selling on Feb. 16 as traders seem to be trimming positions in assets perceived to be risky on the accusation by NATO that Russia continues to build troops near the Ukrainian border. This is contrary to claims by Moscow that Russian troops are returning to their permanent…
Biden’s executive order promises great things for the crypto industry — Eventually
United States President Joe Biden signed the Executive Order on Ensuring Responsible Development of Digital Assets on March 9. The order had been expected for several months, giving some in the industry ample time to build up trepidation. Once the executive order, or EO, was released, however, it was met with a chorus of approval.“I…
New Startup From Ethereum Co-Founder Gavin Wood Plans $60 Million ICO: WSJ
Crypto startup Polkadot (DOT), created by Ethereum (ETH) co-founder Gavin Wood, is planning an initial coin offering (ICO) aiming to raise up to $60 million, the Wall Street Journal (WSJ) reported Jan. 24.Citing sources familiar with the matter, the WSJ reports that, if successful, Polkadot’s token sale would bring the fully-diluted market value — or…
No rescue for Terra: Swiss asset manager denies $3B LUNA/UST bail-out talks
GAM Investments has called fake news on a fabricated announcement claiming it would invest $3 billion to help Luna/UST recovery efforts. 2474 Total views 34 Total shares GAM Investments has quashed fake news reports that surfaced on Friday that claimed the Swiss asset manager would invest some $3 billion to aid in the recovery of…
Terra price gains 75% in February as $2.57B in LUNA tokens removed from supply
Terra (LUNA) emerged as one of the best performing financial assets in February, a month mired by geopolitical conflicts and their negative impacts on the crypto market.LUNA decouples from the crypto marketLUNA's price surged by a little over 75% to reach $91.50 at the month's UTC close. In comparison, the percentage performance of other top…
Why Alex Tapscott quit his high-paying job to write a book about Bitcoin
A report that argued for decentralized models to help scale Bitcoin eventually became the basis for the book proposal. 211 Total views 3 Total shares "In 2015, I quit my job at the tender age of 29 to do something I'd never done, which is to write a book with no idea of what would…
Rising crypto crimes in Australia prompt call for tougher regulations
AUSTRAC's latest report highlights a rise in criminal use of cryptocurrencies, urging stricter regulations and international cooperation to combat money laundering.