FBI raids home of Polymarket CEO Shayne Coplan: Report
The decentralized betting platform CEO was reportedly targeted in an FBI raid, which saw his phone and electronics seized.
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Yuga Labs ‘inappropriately induced’ BAYC investors: Class action
Law firm Scott+Scott alleges that Yuga Labs promoted a chance at huge returns on investment to “unsuspecting investors.” A proposed class-action lawsuit alleges that Yuga Labs “inappropriately induced” the community to buy Bored Ape Yacht Club non-fungible tokens (NFTs) and the project’s affiliated ApeCoin (APE) token.The proposed class-action driven by law firm Scott+Scott was published…
Cathie Wood’s ARK sells 135K Coinbase shares as price hits $90
Cathie Wood is taking profits from ARK Invest’s Coinbase holdings by selling a small portion of its stash. 627 Total views 1 Total shares Pro-Bitcoin (BTC) Investment veteran Cathie Wood is taking some profits from ARK Invest’s large Coinbase holdings by selling a small portion of its stash.On July 11, Wood’s investment firm ARK offloaded…
United States CBDC would ‘crowd out’ crypto ecosystem: Ex-Biden advisor
Daleep Singh argues that crowding out cryptocurrencies by establishing a CBDC in the United States would protect the country's national interests. 147 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe creation of a United States digital dollar would “crowd out” the cryptocurrency ecosystem and protect the national…
Nike teases ‘Airphoria’ NFT sneaker on Fortnite: Nifty Newsletter, June 14–20
In this week’s newsletter, read about how a project provided a new way to mint nonfungible tokens (NFTs) on Ethereum. Check out Nike’s new collaboration with the popular online game Fortnite, and how rapper Snoop Dogg plans to use NFTs to bring fans with him on tour. In other news, Dmitri Cherniak’s “The Goose” NFT…
Blockchain Technology: A Remedy for De-Globalization?
The outbreak of the COVID-19 pandemic has profoundly impacted the world both economically and socially, serving to aggravate political tensions while driving nationalist protectionism. Despite the full extent of the pandemic being not yet fully known, COVID-19 has reignited a conversation among media and academia regarding the fate of neoliberalism and globalization.If we were to…
Cryptocurrency ‘Illegal’ In India Says Trade Organization Head
The head of an Indian nonprofit trade organization said cryptocurrency is “illegal,” and urged businesses to obey the law, local news daily the Hindu reported Thursday, Oct. 25.Debjani Ghosh, the president of the National Association of Software and Services Companies (NASSCOM), was cited by the Hindu saying that cryptocurrencies are illegal from NASSCOM’s perspective. NASSCOM…
US Senate Majority Leader to speak at crypto event for Kamala Harris
Senator Chuck Schumer and 10 Democratic senators sided with Republicans to pass a resolution overturning an SEC rule on banks holding crypto, later vetoed by President Biden.
Will this time be different? Bitcoin eyes drop to $35K as BTC price paints ‘death cross’
Bitcoin (BTC) formed a trading pattern on Jan. 8 that is widely watched by traditional chartists for its ability to anticipate further losses.In detail, the cryptocurrency's 50-day exponential moving average (50-day EMA) fell below its 200-day exponential moving average (200-day EMA), forming a so-called "death cross." The pattern appeared as Bitcoin underwent a rough ride…