Industry News
No Man’s Sky Redemption: Fans Rally Behind Developer’s Free Updates
Since its tumultuous launch in 2016, No Man’s Sky has undergone a remarkable transformation, evolving into a game that stands as a testament to the power of redemption in the gaming-roll-up-chain-solana-by-mirror-world/” target=”_blank” rel=”noopener”>gaming industry. Hello Games, the developer behind the title, has tirelessly delivered updates, expansions, and quality-of-life improvements, culminating in what many now consider…
YourFellowArab Released Unharmed After Haiti Kidnapping
Popular YouTube personality Addison Pierre Maalouf, widely known as YourFellowArab, has been released unharmed following a harrowing ordeal in Haiti. Maalouf, who boasts a substantial following of over 1.4 million subscribers on his YouTube channel, YourFellowArab, was abducted alongside his companion while traveling in Haiti a couple of weeks ago. The news of Maalouf’s abduction…
Ripple CLO Stuart Alderoty critiques SEC’s crypto guidance after settlement talk
Following a settlement conference between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) on March 29, Ripple CLO, Stuart Alderoty, voiced concerns on social media platform X. Alderoty lashed out at the SEC for not providing clear regulatory guidance to the cryptocurrency industry despite the SEC stating that the DAO report offered considerable…
Wells Fargo faces class action lawsuit over alleged overcharging of military service members
A new class action lawsuit has been filed against banking giant Wells Fargo, accusing the institution of overcharging thousands of customers on credit card interest rates and fees for over a decade. The lawsuit, brought forth by plaintiffs Carmin Nowlin, Tamika Haley, and Jesus Rodriguez, bank-na.pdf” rel=”nofollow noopener” target=”_blank”>alleges that Wells Fargo charged active US…
United Kingdom court freezes Craig Wright’s assets
A United Kingdom court has given an order to freeze assets worth £6 million ($7.6 million) belonging to Craig Wright. This move was made to ensure that Wright is prevented from evading court expenses from his recent legal performance. Craig Wright was recently embroiled in a lawsuit against the Crypto Open Patent Alliance (COPA), claiming…
Solana Foundation promises to filter memecoin problems
The memecoin sector has been plagued with the introduction of tokens featuring offensive words. The issue was the center of discussions at the recent panel session held at the BUIDL Asia Summit in Seoul. Experts and investors alike including the Solana Foundation shared various possible solutions to the issue. Solana Foundation makes pledge against banned…
LENX wallet drain sparks rumors of a potential rug pull
Liquidity protocol LENX has been rocked with fresh rumors of a potential rug pull, throwing the whole crypto community into confusion. According to recent reports from pseudonymous user AstroBoy and data from Etherscan, there has been a series of transfers involving LENX Finance founders, John Kim and another individual named Paul. LENX transfers $10 million…
Custodia Bank’s plea for a Federal Reserve master account denied
The United States District Court in Wyoming has ruled against Custodia Bank’s plea to own a Federal Reserve master account. The court also dismissed the bank’s plea for a declaratory judgment. However, the bank remains adamant and would seek out every possible option available. Custodia Bank denied a Federal Reserve master account In a filing…
Sphere 3D and Gryphon Digital Mining Clash Over $10 Million Settlement Fund
The face-off between Sphere 3D and Gryphon Digital Mining over obtaining $10 million of settlement fund has now hit the climax with Gryphon trying to prevent Sphere 3D from getting the money. Thus, this bifurcation enters a new chapter of the disagreement these two major signatures in Bitcoin mining have been involved in. Escalating Legal…
Echo: Crypto Angel Funding is charting out a new course in crypto.
Cryptocurrency keeps growing at a fast rate and hence there is a certain platform that was just founded and is aimed at even changing the way angel investors put their money in the market Encyclopaedia of Blockchain, known by his contact handle as Jordan Fish, has recently launched his project called Echo, providing crypto investors…
Grayscale Launches a Fund for High- Net-Worth Investors
Grayscale Investments reveals a brand-new investment fund, tailored for wealthy investors, harnessing yields gained from staking to produce passive income. The Grayscale Dynamic Income Fund focuses on the investors with the aggregate of significant assets under management, which exceed the amount of $1.1 million or the net worth of over $2.2 million while giving them…
Blockchain pioneer Consensys advocates for Ethereum ETFs
In the latest development, Connsensus, a significant blockchain technology hub, has proposed friendly initiatives to the U.S. Securities and Exchange Commission (SEC). This firm’s schematic, however, points to the rooted security systems encrypted in the Ethereum blockchain, notably the Proof of Stake (PoS) technique. The SEC receives many comments and requests regarding its application for…
Federal Reserve optimism clashes with investor concerns as Bitcoin holds firm
Bitcoin has held ground during crypto-outlook-for-october-worrisome-data/” target=”_blank” rel=”noopener”>US economic uncertainty, and its price is flat despite mixed signals in the financial markets and among policymakers. Federal Reserve Chairman Jerome Powell has been pretty positive, in contradistinction with concerns from investors ranging from potential economic turbulence and signal divergence in sentiment at various levels of the…
Dr Disrespect Reacts to Fan’s 3D Video Depicting Streaming Career Saga
After viewing the superb three-dimensional video he created, renowned game streamer Dr Disrespect is fired up by Justice Ronald, one of his adorers. The video, “Dr. Disrespect: Through their series “The Chosen One,” the platform fetched viewers for its in-depth dissection of his career, which stretched from his highest peak to his depression, including a…
Grayscale Investments launches exclusive staking income fund for wealthy clients
Grayscale Investments has launched the Grayscale Dynamic Income Fund (GDIC), a unique investment vehicle designed to provide sophisticated investors with access to the income generated by staking cryptocurrency tokens. The fund targets those individuals who have over $1.1 million in assets under management (AUM) or a net worth of more than $2.2 million, demonstrating its…
Whale Investors Shift Over $618 Million in Crypto, Signaling Major Market Moves
A large translation of financial power from high-net-worth cryptocurrency investors, generally called “bitcoin-whales-accumulate-3-billion-worth/” target=”_blank” rel=”noopener”>whales,” took place recently; it is worth noticing that over $618 million in major digital currencies was transferred. The current wave covers Bitcoin (BTC), Ethereum (ETH), and other alternative crypto family members, impressing the market and raising questions concerning asset pricing…
UK and U.S. unite to expose Russia’s $20 billion illegal crypto trade
The United States and the United Kingdom have rolled up their sleeves and are digging deep into what looks like a colossal $20 billion mishandling of crypto. Yeah, you heard that right. $20 billion with a ‘B’. They’re zeroing in on Garantex, that Russian exchange that’s been under so many sanctions, amidst a storm of…
Telegram’s Mini Apps tipped to encourage blockchain adoption
Director of Investments at TON Foundation Justin Hyun has referred to the emergence of Mini Apps on Telegram as a catalyst that will trigger mass adoption of blockchain technology. Mini Apps are blockchain-based DeFi applications on Telegram, which were launched in 2020. The applications were launched in a bid to simplify interactions on the blockchain…
Massive USDC inflow to Coinbase boosts confidence in Bitcoin and Ethereum
Coinbase, an outstanding cryptocurrency exchange, received $1.4 billion, the USDC stablecoin backed by the USA dollars and Circle issued. This deal has kept the process of cryptocurrency currency brainstorming, as for the majority, it is considered a clear indication of investors’ readiness to invest their money in this domain of digital finance. Analysts now speculate…
SBF’s team plans appeal as financial landscape shifts
Ex-FTX CEO SBF receives a 25-year prison crypto–community-reactions-to-sbfs-sentence/” target=”_blank” rel=”noopener”>term from a federal judge for various felonies, eliciting conflicting responses from the crypto community and beyond. SBF’s sentencing location and sentencing On March 28, after multiple felony convictions, Federal Judge Lewis Kaplan sentenced former FTX CEO Sam “SBF” Bankman-Fried to 25 years in prison. The…