Floyd Mayweather is launching a new metaverse project called Mayweverse. Investors are eyeing the project with skepticism, given Mayweather’s dodgy track record with crypto. The SEC is also cracking down on projects that may be receiving questionable support from celebrities. Former professional boxer Floyd Mayweather is promoting another NFT project, this time one called Mayweverse. …
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Tesla CEO Elon Musk will not be joining the Twitter board of directors Twitter’s CEO Parag Agrawal shared the news of Musk not joining the Twitter board, stating that his input will always be considered whether he is on the board or not. Twitter’s CEO Parag Agrawal announced today that Tesla and SpaceX founder Elon …
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Summary: Legendary Orlando Magic Hall of Famer, Shaquille O’Neal has joined the NFT community with the purchase of DeadGod #3836 Shaq spent 250 Solana (SOL), roughly $28k, for the DeGod NFT The floor price of DeGod NFTs has hit a new all-time high of 182 Solana as a result of the purchase Shaq joins a …
Summary: NBA’s Kyrie Irving has changed his Twitter profile photo to a Loser Club NFT He has also Tweeted his new avatar alongside another Loser Club NFT His actions have resulted in the floor price of Loser Club NFTs rising by 53% and transaction volume increasing by 1,144% in the last 24 hours NBA superstar …
Summary: The Luna Foundation has continued to stack Bitcoin purchasing an additional 4,130 BTC The recent purchase brings the total to 39,897.98 Bitcoin owned by the Luna Foundation This amount translates to roughly $1.7 billion, with $8.3 billion worth of Bitcoin left to purchase to hit the $10 billion target Bitcoin continues to consolidate above …
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Summary: Binance has received in-principle approval to operate in Abu Dhabi as a broker-dealer in digital assets However, Binance needs to complete the application process A full license means Binance will provide virtual asset services to customers across the Middle East and Northern Africa (MENA) UAE has proven to attract many crypto exchanges and projects …
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Summary: Near Protocol is set to launch its very own algorithmic stablecoin known as $USN The launch of USN will be in partnership with other well-capitalized stablecoins to offer attractive APYs in the Near ecosystem Near Protocol hopes USN will see the project reach the heights of Terra (LUNA) and its UST stablecoin Near (NEAR) …
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Quick take: The hacker responsible for the $625 million exploit on the Ronin Network has so far laundered 7.5% of the stolen Ethereum through Tornado Cash $400 million of the stolen funds was owned by players of Axie Infinity Binance has invested $150 million into the parent company of Axie Infinity, Sky Mavis Sky Mavis …
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Summary: Binance will launch a Charity Crypto Card for Ukrainians who have been forced to leave the country and need help The Charity Crypto Card will be funded by the Binance Charity Foundation The card is part of plans discussed via phone by CZ and Ukraine’s Vice Prime Minister and Minister of Digital Transformation (MODT), …
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Summary: Tesla, Block, and Blockstream have teamed up to build a Bitcoin mining facility in Texas powered by solar energy and batteries The partnership was announced during the Bitcoin 2022 conference in Miami, Florida A dashboard with real-time metrics of the project’s performance will be available to the public Wind energy will be added in …
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The European Union’s fifth round of sanctions include cryptocurrencies. The new measures target loopholes with respect to cryptocurrency usage. Crypto has become a central part of the sanction discussion in the conflict, though it has also helped Ukraine. The European Union has introduced new measures against Russia for its aggressive actions against Ukraine. This fifth …
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Strike’s CEO Jack Mallers announced a new partnership with Shopify, Blackhawk, and NCR The partnership will enable US Shopify merchants to receive Bitcoin funds in an instant via the lightning network. Strike’s CEO Jack Mallers is all set to integrate Shopify with Strike, enabling the company to facilitate fast-speed Bitcoin payments to Shopify merchants across …
Summary: The Luna Foundation has announced the addition of Avalanche to its UST reserves and bought $100 million in AVAX Avalanche becomes the second layer 1 digital asset to be added by Terra to its UST reserves Terra chose Avalanche over Ethereum due to its rapid growth and vast fan base Avalanche and Terra will …
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Summary: Cash App has launched a new service that allows its users to convert their paychecks into Bitcoin The new feature named ‘Paid in Bitcoin’ allows users to select what percentage of their direct deposits to be converted to BTC U.S. customers will be the first to test out the new feature, and only available …
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The Central Bank of Russia has rejected a proposal to evade financial sanctions by leveraging digital assets and cryptocurrencies Officials said the move could be impossible as sovereignties like the US have readied stopgaps against such methods Russian legislators argue that the country needs crypto to cushion the impacts of the war with Ukraine According …
