Cent, one of the first marketplaces to allow people to sell tweets as NFTs, has suspended almost all of its activity due to plagiarism-related problems. According to its CEO and co-founder Cameron Hejazi, people keep selling NFTs of other NFTs or using content that is not owned by them originally to mint these tokens. The…
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The Indian government is consulting with the Reserve Bank of India (RBI) on crypto policies. According to the finance minister, the government and the central bank are in “complete harmony” on crypto and other issues. Indian Government and Central Bank Discussing Crypto Policies Internally Indian Finance Minister Nirmala Sitharaman revealed Monday that the government is…
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Rebuilding capitalism SocialGood is a blockchain initiative that aims to reshape capitalism as we know it by working to create a donation machine that combines blockchain with artificial intelligence in an app. The app can be downloaded on Google Play for Android and Apple Store for iPhones, and by using it, users could receive up…
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Bitcoin price failed to stay above the USD 43,200 level and extended decline. BTC traded below USD 42,000 to move into a bearish zone. It is currently (05:40 UTC) down 1% in a day and is showing bearish signs and might revisit the USD 40,000 zone. Similarly, most major altcoins are also moving lower. ETH…
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An avid non-fungible token (NFT) collector and ethereum (ETH) holder has made history by spending a whopping USD 23 million worth of ETH on a CryptoPunk token – the highest fee ever forked out for an item in the so-called “OG” collection…. Read More: Rare ‘Alien’ CryptoPunk NFT Sells for USD 23M Worth of…
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The 2022 Super Bowl was inundated with crypto ads as four crypto trading platforms and one decentralized autonomous organization (DAO) aired ads promoting the nascent industry. Reactions varied widely, but the majority in the crypto community seemed to be impressed with the ads by major crypto exchanges Coinbase and FTX. … Read More: Super Bowl…
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Major crypto exchange Coinbase experienced a volatile weekend with a vulnerability reported, a service paused and re-started, and its site crashing following what seems to have been a successful Super Bowl ad. Tree of Alpha, a pseudonymous white-hat hacker, notified Coinbase of a “potentially market-nuking” vulnerability on Friday. The exchange was fast to…
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Record hash rate and difficulty provide a positive overture to some uninspiring price moves, with Bitcoin now offering network security never seen before in its history. Bitcoin (BTC) starts the week with a slow drag downhill towards pivotal support at $40,000. After bulls had something to celebrate last week, the current environment looks like a…
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Major crypto businesses including FTX, eToro, Crypto.com and Coinbase debuted crypto ads in Super Bowl 2022. Super Bowl commercials have always been an intrinsic part of the annual National Football League (NFL) championship and for business, a fair sign of making it in the real world. This year, however, marked a new milestone for the…
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The tax authority made three arrests in connection with a suspected tax evasion using shell companies and false identification. HM Revenue and Customs (HMRC), the chief tax authority in the United Kingdom, have seized three nonfungible tokens (NFTs) associated with a suspected tax evasion fraud. The tax watchdog claimed it was the first U.K. law…
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