February 22, 2023

Phishing Scammers Strike Again Faking Ethereum Denver Website

The cryptocurrency industry has long been a target of phishing attacks, and it seems that hackers are finding new and more clever ways to scam their victims. This time, it was the website of an anticipated event that was entirely faked in an attempt to trick victims out of their crypto. ETH Denver is advertised...
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NBA Top Shots NFTs Might Be Securities, Rules Federal Judge in Dapper Lawsuit

Dapper Labs will be forced to face a lawsuit from the Securities and Exchange Commission (SEC) alleging that the NFT Top Shot NFT Moments on its platform are unregistered securities, following a judge’s refusal to dismiss the case on Wednesday. United States District Court Judge Victor Marrero ruled that such NFTs may plausibly qualify as...
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Tencent Cloud Dives Deeper into Web3 with New Partnerships

Tencent Cloud announced strategic collaborations with prominent companies in the crypto industry namely – Ankr, Avalanche, Scroll, and Sui – to support the development of the Web3 ecosystem. According to the official statement by the subsidiary of the Chinese tech giant, the latest move aims to establish close relationships with industry partners to assist developers...
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Blockchain Association CEO Confident on New Regulations for Stablecoins

Calls for more transparency in the process of crypto regulation in the U.S. are mounting. The latest to join the trend is the Blockchain Association, with the spate of enforcement action continuing as the Securities and Exchange Commission ramps up its war on crypto. On Feb. 22, Blockchain Association CEO Kristin Smith told Bloomberg that...
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The United States is Headed Toward a Debt Crisis: Former VP Mike Pence

Mike Pence – former Vice President of the United States – believes his country is en route to a debt crisis within the next 25 to 30 years due to the government’s irresponsible fiscal policy. Within 3 decades, he claimed that the nation’s debt could balloon to $150 trillion. Insurmountable Debt In an interview on...
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Layer 2 Scaling Solution Arbitrum Flips Ethereum in Daily Transactions

Arbitrum has already been leading the pack in the layer 2 roll-up. However, the daily transactions on the protocol hit 1.14 million on February 21st, surpassing Ethereum mainnet, which recorded 1.05 million. According to the on-chain data on Dune Analytics, this is a new record high for the scaling solution. Since the beginning of the...
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XRP May Be Soon Supercharged To $1! This Level Can Spark A Potential Bullish Trend For XRP Price

The prolonged legal battle between the SEC and Ripple Labs seems to end soon with a victory for Ripple. As the final judgment is set to be in March, it creates fresh excitement in the XRP community to accumulate more tokens ahead of a massive pump.  XRP Investors Remain In The Light Of Bullish Hope ...
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OFR-Led Crypto Veterans Group Acquires the 0N1 Force NFT Collection

A group of cryptocurrency veterans acquired the comic-focused, blue-chip NFT collection – 0N1 Force. 0N1 Force is among the first anime-themed NFT collections and comprises 7,777 side-profile characters and more than 100 hand-drawn features. According to a press release seen by CryptoPotato, a collective of cryptocurrency industry veterans led by blockchain investment firm Old Fashioned...
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MetaOne® 2.0, New Features and Supporting 4 Additional Blockchains

[PRESS RELEASE – Singapore, Singapore, 22nd February 2023] Web3 infrastructure company, AAG, is thrilled to introduce MetaOne® 2.0. This feature-packed version of the MetaOne® wallet brings a new level of convenience and accessibility to the Web3 world. Version 2.0 will make it easier than ever for users and enterprises to use and manage digital assets,...
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EtherMail and Blockchain Founders Group to Enable Web3 Comms for Startup Portfolio Projects

[PRESS RELEASE – Neustadt an der Weinstraße, Germany, 22 February 2023] EtherMail, the first Web3 Email Solution setting the standard for anonymous and encrypted wallet-to-wallet communication, has today announced a strategic partnership with Blockchain Founders Group, a venture capital fund that focuses on early-stage Web3 startups. Through the Blockchain Founders Group’s “Web3 Email for Startups”...
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SBF Resists Order to Appear in Voyager Digital’s Bankruptcy Hearing

Sam Bankman-Fried (SBF), the founder and former CEO of the now-defunct cryptocurrency exchange FTX, is resisting an order to testify at the bankruptcy hearing of crypto broker Voyager Digital. On Tuesday, SBF’s attorneys asked a federal judge to quash the order because it was not served properly, Bloomberg reported Wednesday. SBF Fights Voyager’s Subpoena Recall...
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Why TMS Network Emerges as a Strong Contender in the Crypto Market as PancakeSwap and Oasis Network Experience Volatility

The cryptocurrency market constantly evolves, with new and existing players pivoting their strategies. Among the plethora of options available to investors, TMS Network stands out as a game-changer in crypto trading. This article will explore why TMS Network (TMSN) is a better investment opportunity compared to Oasis Network (ROSE) and PancakeSwap (CAKE). Oasis Network (ROSE)...
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Solana Spaces Close Less Than a Year After Opening

Solana Spaces, two retail stores that opened up this summer in New York and Miami, will be closing down by the end of February. The retail stores for Solana-based projects were the idea of San Francisco-based investor @vibhu, who wanted to offer a more face-to-face onboarding experience to those interested in NFTs and the blockchain...
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NFT Project Friendsies Suddenly ‘Pauses’ Operations, Sparking Rumors of a Possible Rug Pull

On February 21st, Friendsies, a non-fungible token (NFT) collection that recently raised approximately $5 million, announced in an unexpected way that it would be taking a “pause” on its roadmap, sparking rumors in the community of a possible rug pull. According to the Friendsies team, “the volatility and challenges of the market” complicated the project’s...
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COIN Briefly Pumps After Better Than Expected Q4 Earnings Report

Crypto exchange Coinbase reported net revenue of $605 million in Q4 2022, according to its latest earnings report published after the bell on Tuesday. Since its release, COIN shares briefly jumped 3% to $64 before falling back to $62 in after-hours trading.  Coinbase Survives the Bear The exchange’s latest numbers present a 5% boost compared...
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CoinShares’ Earnings Take Severe Hit Due to FTX Collapse: Q4 Report

Despite the market turbulence brought about by collapses and scams, Coinshares’ Chief Executive Officer Jean-Marie Mognetti asserted that the group’s “financial health remained solid.” Its earnings did take a severe beating, though. CoinShares released the fourth-quarter report for 2022 in which it recorded £14.5 million in combined revenue, gains, and other income. This was a...
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