Cryptocurrency Analysis and News Portal
In this week’s newsletter, read about the creator of a Mutant Ape Yacht Club (MAYC) knock-off pleading guilty to fraud charges, check out how OpenSea’s non-fungible token (NFT) users received a massive phishing email campaign, and how Bitcoin transaction fees flipped Ethereum network fees as the hype for Ordinals resurfaced.
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Do Kwon’s final appeal to undo his incarceration in a Montenegrin prison was refused by a high court, leaving Terra’s former CEO awaiting extradition rather than freedom. The High Court in Podgorica rejected Kwon’s appeal to overturn his jail time issued by a lower court in Montenegro’s capital city. Per Nov. 16
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The creator of the Mutant Ape Planet nonfungible token (NFT) collection — a knock-off of Yuga Labs’ Mutant Ape Yacht Club project — has pleaded guilty to conspiracy to commit wire fraud in a New York federal court.In a Nov. 14 statement, the U.S. Attorney’s Office for the Eastern District
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The price of a memecoin drawing its namesake from Elon Musk’s artificial intelligence project “Grok” plummeted over 70% after blockchain sleuth ZachXBT alleged the token’s social media account was recycled from a scam token project.In a Nov. 13 X (formerly Twitter) post, ZachXBT shared screenshots showing various social media accounts
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Bluzelle, a layer-1 blockchain platform, has announced its vision to empower innovators in the broader Creator Economy. In an exclusive press release shared with crypto.news, Bluzelle said the Creator Economy will be a diverse market comprising content creators, such as artists, musicians, gamers, social media influencers, and even those leveraging artificial
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Peter Molyneux’s new play-to-earn blockchain game Legacy wants to reinvent the gaming experience with non-fungible tokens. Legacy, a web3 business simulator and city management game from Peter Molyneux, best known for the Fable series, is now live on Gala Games for PC and Mac. The video game developed by the 22Cans studio
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OpenAI, the artificial intelligence (AI) research and deployment firm behind ChatGPT, is launching a new initiative to assess a broad range of AI-related risks.OpenAI is building a new team dedicated to tracking, evaluating, forecasting and protecting potential catastrophic risks stemming from AI, the firm announced on Oct. 25.Called “Preparedness,” OpenAI’s
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Yuga Labs, a company behind the major nonfungible token (NFT) project, Bored Ape Yacht Club (BAYC), has completed restructuring amid the ongoing challenges in the industry.Yuga Labs CEO Daniel Alegre took to X (formerly Twitter) on Oct. 17 to report that the company has finalized its restructuring that was announced
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OpenAI, the company behind artificial intelligence chatbot ChatGPT, is reportedly exploring the possibility of manufacturing processing chips in-house amid a global shortage of the expensive and difficult to produce hardware.An Oct. 5 Reuters report citing people familiar with the matter said OpenAI has even evaluated an unnamed company as a
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If there’s ever been an artist suited for the digital renaissance of putting art on the blockchain, it would be Matt Kane — a traditional artist who transitioned into digital art by writing his own software and pushing
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