Cryptocurrency Analysis and News Portal
State regulators from Texas and Vermont have filed a motion objecting to embattled crypto lender Celsius’ plans to sell off its stablecoin holdings. Separate motions from both regulators filed on Sept. 29 argue that there’s a risk the firm could use the capital to resume operating in violation of state laws.
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The complaint, filed in the U.S. District Court for the District of Arizona, alleges that the registration was set to expire on July 26, 2023, but in August, GoDaddy falsely announced it had expired on July 26, 2022. According to the filing, GoDaddy had said the domain name would be
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The filing shows that Contribution Labs has raised $2,4 million toward its goal from two investors since the offering opened on Aug. 15. The offering involves a simple agreement for future equity, or SAFE, an arrangement where an investor pays cash now to receive equity in a company at a
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InterPop, a rising Web 3-based digital entertainment company, celebrated the first anniversary of its Emergents gaming universe by moving the all-new Emergents Trading Card Game (TCG) into the Public Beta phase last week. The digital trading card game is an initiative behind some pro gamers and game developers including Corey
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Are diamonds an NFT holder’s best friend? The answer might be yes for a few hundred CryptoPunks holders, and it could soon be the same for thousands of others. Tiffany & Co., the well-known luxury jeweler and specialty retailer, made a lavish entrance into the NFT space this month, raking in
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On August 5, 2022, the American luxury jewelry retailer Tiffany & Co. announced that the company’s non-fungible token (NFT) mint called “Nftiff” sold out. Tiffany’s sold 250 Nftiffs for 30 ethereum per Nftiff raking in more than $12.5 million from the sale. The NFTs created by Tiffany’s have to be
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In this week’s Africa news highlights, the Nigerian central bank blames speculators for causing the local currency’s plunge to a new all-time low on the parallel market. In Kenya, the central bank has told financial institutions to cease having dealings with two Nigerian fintechs, Flutterwave and Chipper Cash. The Central
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The Central African Republic’s token sale appeared to have gotten to a slow start after less than 13 million out of the 210 million Sango coins were sold since the commencement of the sale on July 25. The country has claimed its decision to adopt bitcoin has won praise from
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Move-to-earn games have gained popularity in the past year, despite barriers to entry. Stepn, a popular game that motivates users to run to earn crypto, requires players to purchase non-fungible token (NFT) sneakers to play. According to data from Magic Eden, its current floor price is 1.04 SOL, or $44. Original
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Tesla’s decision to offload most of its Bitcoin (BTC) treasuries netted the company a hefty profit in the second quarter, even as crypto prices plunged into a bear market.In the first six months of 2022, Tesla recorded $170 million of impairment losses “resulting from changes to the carrying value” of
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