Social media giant Meta eyes 47.5% cut on every NFT sale in Horizon Worlds

Facebook’s parent Meta plans to take a 47.5% cut on the sale of digital assets on its virtual reality platform Horizon Worlds, leaving the NFT creator with 52.5% of the sale’s proceeds. The creation of NFTs is an integral part of the company’s plan for creating a metaverse.  In a blog post on April 11, …

More than 60 celebs invest $87M in MoonPay including Justin Bieber, Ashton Kutcher

Crypto payments provider MoonPay announced some of the world’s most influential figures and organizations from music, sports, media, and entertainment have collectively invested $86.7 million in the company.  The strategic investors represent industries on the cusp of transformation by web3 technology, changing the way creatives, artists, and athletes approach art, fan engagement, and intellectual property management.  …

Ex-Ethereum dev given 5 year sentence over helping North Korea evade sanctions

Former Ethereum Foundation developer Virgil Griffith was sentenced to 5 years in prison after pleading guilty to a one-count charge of conspiracy to violate the U.S. International Emergency Economic Powers Act, Bloomberg News reported. Ignored warning His offense was helping North Korea to evade sanctions by attending a 2019 blockchain and cryptocurrency conference in Pyongyang. …

Ethereum wallet buys $400K worth of tokens 24-hours before their Coinbase listing

Coinbase has announced that it’s considering listing new tokens on its platform, but that’s not the news; popular crypto guy Cobie discovered an Ethereum address that bought roughly $400,000 worth of the listed tokens 24 hours before the exchange’s announcement. Found an ETH address that bought hundreds of thousands of dollars of tokens exclusively featured in …

Janet Yellen calls crypto transformative, shares five crypto lessons

U.S. Treasury Secretary Janet Yellen said cryptocurrencies are an integral part of the future financial system while speaking about digital assets at American University’s Kogod School of Business Center for Innovation. In her speech, Yellen pointed out that crypto has grown into a multi-trillion-dollar industry, up from around $14 billion approximately five years ago. However, …

Report: Fed’s Secret Repo Loans to Megabanks in 2020 Eclipsed 2008 Bailouts, Data Dump Shows $48 Trillion in Stealth Funding

Following the controversial bank bailouts and Troubled Asset Relief Program (TARP) in 2008, reports show in late 2019 and 2020, the U.S. Federal Reserve participated in providing trillions of dollars in secret repo loans to megabanks. At the end of March, investigative journalists, Pam and Russ Martens from Wall Street on Parade, uncovered $3.84 trillion …

Ethereum Dev Says The Merge Could Be Delayed a Few Months, ‘Strongly Suggests’ Not Investing in ETH Mining Rigs

According to Ethereum developer Tim Beiko, The Merge is likely to be pushed to the third quarter of 2022. Despite the delay, Beiko also said he “strongly suggests not investing more in mining equipment at this point.” The Merge May be Delayed, Ethereum Hashrate Taps New ATH Four days ago, Bitcoin.com News reported on ethereum …

Inside LBank’s Bitcoin Miami Exhibition, Sponsorship, and Satellite Event

press release PRESS RELEASE. Global crypto exchange, LBank, joined Bitcoin Miami 2022 as a first-time sponsor and exhibitor, attracting more than 500 attendees to their satellite event, and announcing their many ambitions in the United States. As one of the biggest crypto events in the US, Bitcoin Miami 2022 gathered over 35,000 attendees, making it …

Luna Foundation Buys 2,508 Bitcoin for $100 Million, Stash Is Only 495 BTC Away From Tesla’s Balance

On April 13, Terra’s Luna Foundation Guard (LFG) acquired 2,508.94 bitcoin worth close to $100 million at the time of settlement. The purchase follows the 4,130 bitcoin LFG scooped up three days ago, and LFG’s wallet is now just over 495 bitcoin away from surpassing Tesla’s bitcoin treasury stash. Luna Foundation Adds More Bitcoin to …

Biggest Movers: WAVES Falls to 1-Month Low, BCH Over 10% Higher on Wednesday

WAVES fell to a one-month low during Wednesday’s trading session, as prices dropped for a second consecutive session. This came as BCH rallied by over 10% on hump-day, hitting a five-day high in the process. Overall, the crypto market cap is 1.17% higher as of writing. Bitcoin Cash (BCH) As crypto prices slowly began to …

Mozilla to Reinstate Crypto Donations — Organization Will Not Accept Proof-of-Work Cryptocurrencies

During the first week of January, the software community Mozilla revealed it was pausing cryptocurrency donations after citing environmental concerns. 14 weeks later, Mozilla decided last week it will accept crypto donations again, but only from digital assets that leverage a proof-of-stake (PoS) consensus model. Mozilla Plans to Accept PoS Crypto Assets Only, Executive Says …

Bitcoin, Ethereum Technical Analysis: BTC Moves Below $40,000, Some Anticipating Drop to $30,000

After a boost on Tuesday, following the release of U.S. inflation data, bitcoin prices were once again lower on Wednesday. BTC has mainly traded below $40,000 during the session, with ETH continuing to hover above the $3,000 level. Bitcoin Following a slight rebound in price during yesterday’s session, BTC fell below $40,000 earlier today, and …

Advertising Agency Launches Campaign to Free Jailed Egyptian Women With NFT Sales

An advertising agency from the United Arab Emirates (UAE) and a non-governmental organization have launched a campaign that seeks to raise funds for jailed Egyptian women via the sale of non-fungible tokens (NFTs). The funds raised are already being used to pay off their debts, allowing the imprisoned women to leave jail. Raised Funds to …

ACH Is the Token Driving Global Crypto Payments

sponsored ACH is the cryptocurrency token driving the adoption of Alchemy Pay’s crypto payments around the world. Alchemy Pay enables real-world crypto payments and mainstream-friendly access to crypto services. It has had an incredible rise over the past year, partnering with the likes of Binance Pay, Shopify, Checkout.com, Polygon, Avalanche, and VeChain. ACH is the …

New NASDAQ survey reveals that spot crypto ETF in high demand by financial advisors

The majority of financial advisors in the U.S. are interested in investing in crypto assets or advising clients to do so, according to a recent study by Nasdaq. A breakdown of the responses made by advisors shows that crypto has become one of the leading investment options. Financial advisors want a crypto spot ETF The …

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