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Bitcoin and Tesla Prices Plunge as FED Hints QE Scale Back to Avoid Asset Bubbles

Analyst narratives on why Tesla and Bitcoin crashed yesterday are many and varied, but a look at the Federal Reserve’s minutes from its December meeting could give an indication as the United States central bank officials continue hinting at scaling back QE to avoid wild asset bubbles. While the Federal Reserve hasn’t directly mentioned Tesla … Continue reading Bitcoin and Tesla Prices Plunge as FED Hints QE Scale Back to Avoid Asset Bubbles

How Ripple’s Current Case Differs from SEC’s Lawsuit against Kik

Attorney Jeremy Hogan compared the lawsuit Ripple currently faces for XRP with the Securities and Exchange Commission’s previous target – Kik. In a YouTube video, Hogan explained that both cases were pretty similar in nature, except for the fact that in Kik’s case, it lost against the SEC. Hogan said that judges played a critical … Continue reading How Ripple’s Current Case Differs from SEC’s Lawsuit against Kik

Metis Launches The First-Ever Community-Minted NFT

Blockchain company Metis has announced today a launch of the first-ever community-minted non-fungible token (NFT), called “Rebuilding the Tower of Babel.” The NFT artwork aims to connect people from different backgrounds and create a more versatile community. Therefore, the first-ever community-minted NFT will represent a versatile addition to the booming NFT industry. “We may speak … Continue reading Metis Launches The First-Ever Community-Minted NFT

Bitcoin Mining Simulators VS Crypto Faucets – Who wins?

Bitcoin faucets are not new to the crypto world. Some have been around since the early days of Bitcoin, paying out several Bitcoins per click. But, as time has gone on and Bitcoin’s price has exploded, these Bitcoin faucets have turned into ad-filled websites that hand out a couple of satoshis at a time. On … Continue reading Bitcoin Mining Simulators VS Crypto Faucets – Who wins?

Over 2.2M Crypto Accounts Set to Trade With Restrictions in South Korea as Exchange’s Deadline Looms

Today is the deadline set by the South Korean market regulators, the Financial Services Commission (FSC), and the Financial Supervisory Service (FSS) for trading platforms to secure a banking partnership or risk being banned from doing business in the country. As of the time of writing, only the top four trading platforms, including Upbit, Korbit, Coinone, … Continue reading Over 2.2M Crypto Accounts Set to Trade With Restrictions in South Korea as Exchange’s Deadline Looms

Whitehat Hacker Receives the Largest Bounty for Identifying Exploits in Polygon's Codes

A Whitehat hacker, Gerhard Wagner, has received the largest bug bounty in history after he discovered a vulnerability in Polygon’s plasma bridge. According to Immunefi, a bug bounty platform for smart contracts and DeFi projects, the identified bug would have cost the protocol as much as $850 million in losses if discovered by a knowledgeable … Continue reading Whitehat Hacker Receives the Largest Bounty for Identifying Exploits in Polygon's Codes

Crypto Hackers Steal Over $130M from Cream Finance DeFi Platform

Cream Finance decentralized lending platform has been hacked, with attackers stealing more than $130 million worth of funds through a large flash loan attack. PeckShield blockchain data analytic firm first identified the large flash loan transaction that the hackers used to exploit the Cream Finance platform. The affected funds were mostly Cream liquidity provider tokens … Continue reading Crypto Hackers Steal Over $130M from Cream Finance DeFi Platform

Sotheby's Metaverse to Launch Largest NFT Charity Auction with Sostento

Sotheby’s Metaverse announced that it has partnered with Sostento for the “biggest non-fungible token (NFT) charity auction ever”. For this auction, seven individual winners from Twitter’s June 30, 2021, digital NFT lucky draw will be selling their full set of seven NFTs, with their proceeds going towards Sostento. This organization gives vital support to frontline public health … Continue reading Sotheby's Metaverse to Launch Largest NFT Charity Auction with Sostento

Major Fat Finger Error as BAYC NFT Acquired for $3K Instead of $300K

A major “fat finger” transaction error in the growing blockchain world took place over the weekend with a Bored Ape Yacht Club (BAYC) NFT mistakenly listed for 0.75 ETH (worth approximately $3,000) instead of 75 ETH (worth over $300,000). CNET interviewed the owner of the NFT named Max who explained that the buyer was smart … Continue reading Major Fat Finger Error as BAYC NFT Acquired for $3K Instead of $300K

Adidas' new NFT Collection Owners to get Custom Merch Access

Adidas is launching its Non-Fungible Token (NFT) collection named ‘Into the Metaverse’ on December 17 as the global apparel brand looks to extend its foothold in the NFT space. Buyers of the Adidas NFT will be well-positioned to gain access to exclusive physical and virtual merchandise drops. The company’s plans for NFT holders will gradually … Continue reading Adidas' new NFT Collection Owners to get Custom Merch Access