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Bitcoin user pays $3.1M transaction fee for 139 BTC transfer

A Bitcoin user paid 83.7 Bitcoin (BTC), worth $3.1 million, in transaction fees for transferring 139.42 BTC. The transaction fee of $3.1 million is the eight-highest in Bitcoin’s 14-year history.The BTC wallet address bc1qn3d…wekrnl tried transferring 139.42 BTC to bc1qyf…km36t4 on Nov. 23, only to pay more than half the

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CFTC pays whistleblowers $16M this year for mostly crypto tips

The United States commodities regulator has paid $16 million this year to whistleblowers who gave information leading to successful enforcement actions with a majority of the tips involving crypto.In an Oct. 31 statement, Commodity Futures Trading Commission (CFTC) commissioner Christy Goldsmith Romero said most of the tips received this year

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Mistake or money laundering? User pays $1.6 million for CrypToadz NFT

One of the CrypToadz nonfungible tokens (NFTs), whose average price doesn’t exceed $1,000, was bought for an astonishing 1,055 Wrapped Ethereum (wETH), an equivalent of $1.6 million.The deal occurred on the OpenSea market on Oct. 9. The NFT represents “a small, warty, amphibious creature,” one of the 6,969 units minted

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Improbable Reports 85% Reduction in Losses for 2022 as Metaverse Focus Pays Off

In addition to the metaverse, Improbable attributed the robust financial earnings to a decrease in the cost of hosting large-scale virtual events.  London-based virtual reality startup Improbable has announced a substantial reduction in its losses for the 2022 fiscal year, marking a notable shift in the company’s financial performance. The company, known

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LimeWire’s new game simulates music pirating nostalgia and pays in crypto

A new game aimed at reviving the nostalgia of pirating music with the added bonus of crypto rewards has been launched by the former peer-to-peer file-sharing platform turned nonfungible token (NFT) marketplace LimeWire.On April 13, the historic music-downloading platform, wildly popular in the early 2000s was revived and turned to

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