NY Attorney charges 3 tied to 'Evolved Apes' NFT scam

Ethereum users rushing to purchase rare three- and four-digit names have been driving NFT market sales activity. 182 Total views 14 Total shares Since Ethereum Name Service, or ENS, released 10,000 four-digit .eth domains ranging from 0000 to 9999, the nonfungible token collection has caused a stir among NFT investors, speculators and enthusiasts alike. After…

Digital identity solutions are on the rise as consumers seek security and accessibility in a digitized world. A new report from 360iResearch shows that the global digital identity market is expected to have reached about $37 Million by the end of 2025. As COVID-19 continues to wreak havoc, this number could grow even larger. Unsurprisingly, the…

Circle’s investment arm has joined a funding round for CNHC, the issuer of the eponymous stablecoin pegged to the offshore yuan. 1967 Total views 19 Total shares Own this piece of history Collect this article as an NFTThe investment arm of major cryptocurrency exchange KuCoin is moving to support new stablecoin initiatives by backing a…

Royalty enforcing NFTs to be a ‘new asset class’: Magic Eden CEOJack Lu, the CEO of Solana-based nonfungible token (NFT) marketplace Magic Eden has floated the idea of NFTs designed to enforce royalties.Lu said in an address at Solana’s Breakpoint 2022 conference on Nov. 5 that these NFTs could “give rise to a new asset…

The PFSA warns scammers are asking people to send cryptos to verify a transaction’s legality before depositing them in a fake investment fund. 843 Total views 17 Total shares The Polish Financial Supervision Authority, or PFSA, issued a warning on the surge of scammers offering fake crypto investment opportunities, which they claim to be the…

The United States Securities and Exchange Commission (SEC) has sued ICOBox and its founder Nikolay Evdokimov for conducting an illegal securities offering and for acting as unregistered brokers.SEC says ICOBox’s digital tokens are worthlessIn a press release on Sept. 18, the SEC claimed that ICOBox and Evdokimov sold the firm’s ICO tokens to more than…

“It may have extrinsic value in the sense that people want it,” said Bailey. 1116 Total views 10 Total shares Bank of England Governor Andrew Bailey’s position on crypto apparently hasn’t changed despite the economic fallout of the pandemic in the United Kingdom.According to an Oct. 12 report from Reuters, Bailey spoke at a Bank…

The bank messaging service, which dates back to the 1970s, is looking to connect CBDCs to each other and to traditional currencies as it tries to stay up to date. 409 Total views 24 Total shares The Society for Worldwide Interbank Financial Telecommunication, or SWIFT, the Belgian financial messaging network used by banks in international…