NFT whale ‘Pranksy’ pranked by fake Banksy for 97.7 ETH

Nonfungible token collector Pransky was duped out of 97.67 Ether, worth $341,500, after the website of popular artist Banksy was hijacked to promote a fake NFT auction. However, almost all of the money has since been refunded.  On Aug. 31, Pransky spotted a page on Banksy’s official website promoting an NFT auction on the popular …

Crypto: Where the Art and Science of Logic and Creativity Rule

HodlX Guest Post  Submit Your Post   Sorry logicians, but creativity has been the most sought-after skill for three years in a row, according to LinkedIn research. Creativity, after all, is believed to unlock fresh strategies, business directions, and innovation. “Connecting dots – that are seemingly unrelated – to generate original, useful solutions is an incredibly …

Legislative Assembly of El Salvador approves $150M Bitcoin Trust

El Salvador’s Legislative Assembly has passed legislation creating a $150 million dollar Bitcoin Trust and supporting the development of crypto infrastructure and services across the country.  The bill passed on Aug. 31, with 64 officials voting in favor and 14 opposing the trust’s creation. The Trust is designed to facilitate conversion of Bitcoin into U.S. …

Korean firm will become first BSN portal operator outside of China

Red Date Technology, one of the four founding members of the Chinese Government-backed Blockchain Service Network (BSN), has announced Korean firm MetaverseSociety as the first BSN portal operator located outside of mainland China. Twitter account “BSNbase” broke the news on Sept. 1, announcing that MetaverseSociety expects to launch its BSN portal during November of this …

Original $4M Doge NFT meme auctioned off in 17 billion pieces

The $4 million NFT depicting the original Doge meme is set to be fractionalized into ERC-20 Tokens, and auctioned off in pieces. The owner of the Shibu Inu depicted in the beloved meme, Atsuko Sato sold the Doge NFT for 1696.9 Ether, or $4 million on June 12 to art-focused decentralized autonomous organisation, PleasrDAO. Starting …

Offchain Labs launches Arbitrum One mainnet, secures $120M in funding

Offchain Labs, the team behind the highly anticipated Ethereum layer two platform, Arbitrum One, has completed the public mainnet launch of its optimistic rollups solution. Announced on Aug. 31, Offchain Labs also revealed that it has secured $120 million in a Series B fundraising round. The round was led by Lightspeed Venture Partners and also …

Last week saw highest Cardano (ADA) inflows, while Bitcoin outflows continue

According to the latest report from CoinShares, the rebound seen in digital asset fund inflows spells good news for the industry as it indicates the market might be entering a bullish period. The report, which analyzes weekly flows into digital asset funds, found that digital asset investment products saw a second consecutive week of inflows …

Ripple wants to know the XRP dealings of SEC employees

The ongoing SEC vs. Ripple lawsuit sees the defendants file a motion to compel the U.S securities regulator to produce documentation regarding its “trading preclearance decisions” for XRP, Bitcoin, and Ether. As well as documents regarding the XRP holdings of SEC employees. “Defendants seek production of anonymized documents reflecting trading preclearance decisions with regard to …

Dvision Hosts Metaverse Conference for BSC’s Anniversary

press release PRESS RELEASE. The Dvision Network team is hosting an augmented reality metaverse conference to commemorate the first anniversary of the Binance Smart Chain (BSC) ecosystem next month. The celebration will start on the 2nd and end on the 7th of September, lasting six days with an action-packed agenda that should last around 4-5 …

Chinese Regulator Aims to Digitize Securities Market Using Blockchain and Smart Contracts

China’s Securities Regulatory Commission (CSRC) will promote a national alliance chain to introduce smart contracts and blockchain-based services to digitize the securities and futures market. The announcement was made at the China Securities Industry Alliance Chain and OTC Alliance Chain Special Work Symposium in Beijing. Jiang Dongxing, deputy director of the Science and Technology Regulatory …

Tron Founder Justin Sun Purchases Joker Tpunk NFT for $10.5 Million

Justin Sun, founder of Tron, a smart contract-enabled cryptocurrency, announced he purchased an NFT avatar for $10.5 million. The NFT, dubbed ‘Joker’ due to its appearance, is part of a Tron-native NFT series called Tpunks, that seeks to emulate the style and success of the known Cryptopunks series, but on the Tron blockchain. Justin Sun …

Biden Administration Pushes Global Crypto Data Sharing Rules in $3.5 Trillion Budget Bill: Report

The Biden administration is reportedly pushing to include global crypto data sharing rules in the $3.5 trillion budget package. The Treasury wants crypto businesses to report information on foreign account holders “so that the U.S. can share information with global trading partners.” Treasury Wants to Impose More Crypto Rules The U.S. Treasury is reportedly pushing …

Former US President Donald Trump: Cryptocurrencies Are ‘a Disaster Waiting to Happen’

Former U.S. President Donald Trump says cryptocurrencies are “potentially a disaster waiting to happen.” In addition, he said that they “may be fake.” His comments followed another when he said bitcoin “seemed like a scam.” Trump Is Still No Fan of Bitcoin or Crypto Donald Trump talked about cryptocurrency in an interview with Fox Business …

DerivaDAO (DDX), DFI.money (YFII) and Radicle (RAD) are launching on Coinbase Pro

Starting Today, Tuesday August 31, transfer DDX, YFII and RAD into your Coinbase Pro account ahead of trading. Support for DDX, YFII and RAD will generally be available in Coinbase’s supported jurisdictions with certain exceptions as indicated in each asset page . Coinbase intends to maintain its investment in these entities for the foreseeable future …

Ex-Goldman Exec And Real Vision Founder Puts Ethereum Value At $20,000 By March 2022

Ethereum has been on an impressive growth path recently. The digital asset recently broke a three-month high after it broke through $3,400 in the early hours of Tuesday. Usage on the Ethereum network has increased drastically in the recent weeks, causing fee rates to surge 200% in the space of a week. As more users …

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