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Law Firm is Trying to Organize Class Action Lawsuit Against Yuga Labs

USA-headquartered law firm Scott+Scott is trying to organize a class-action suit against Yuga Labs, the entity behind popular non-fungible token (NFT) collections Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), and Otherside…. Read More: Law Firm is Trying to Organize Class Action Lawsuit Against Yuga Labs  Read more »Pay, Trade, Buy Bitcoin with…
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Tether & Bitfinex Enter New Project, Ex-Meta Team Raised USD 150M, Investor Eyes Zipmex, Crypto Donations + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.  _____… Read More: Tether & Bitfinex Enter New Project, Ex-Meta Team Raised USD 150M, Investor Eyes Zipmex, Crypto Donations + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Banking Giant Barclays to Reportedly Invest in Crypto Firm Copper Amid Market Downturn

Multinational banking giant Barclays reportedly aims to invest in crypto custody firm Copper despite the declining global appetite for risk-on assets like cryptoassets. The UK-based bank is one of several new investors joining a funding round for Copper, Sky News reported Sunday, adding that the bank would invest an undisclosed sum, probably in the “millions…
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Bitcoin and Ethereum Consolidate, NEXO Rallies

Bitcoin price declined below the USD 22,000 support zone but remained above the USD 21,500 support zone. It is currently (13:23 UTC) consolidating near USD 21,900 and is down almost 3% in a day and up 5% in a week. Similarly, most major altcoins are trading above key support zones. ETH stayed above USD 1,500…
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Bitcoin & Crypto Slip Amid ‘Signs of Exhaustion,’ BTC & ETH See Investment Inflows Again

The crypto market saw declines across the board over the past 24 hours, as bitcoin (BTC) ended the week below a key technical level and market participants appeared uncertain about the near-term direction. As usual, the crypto sell-off was accompanied by liquidations of leveraged derivatives traders, with long liquidations of leveraged bitcoin positions reaching USD…
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3AC: A $10B hedge fund gone bust with founders on the run

3AC downfall has led to a multi-billion dollar cascade that has claimed the likes of Celsius, Voyager and many other crypto lending firms with exposure to the hedge fund. Three Arrow Capital (3AC), a Singapore-based crypto hedge fund that at one point managed over $10 billion worth of assets, became one of the many crypto…
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When worlds collide: Joining Web3 and crypto from Web2

A friend of mine who is a seasoned Web2 tech executive joined a Web3 company in June. A switched-on operator, he asked to speak with all 16 staff before deciding to join the firm. This shows that Web3 joiners need to really hone in on the mission when jumping ship from the old tech world.…
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How blockchain can address Austria’s energy crisis

In the future, energy communities should make a greater contribution to the energy transition. Climate change has become one of the biggest global challenges for humanity. At the same time, the dependence on hydrocarbon energy sources such as coal, oil and natural gas is still strong. Supply lines around these energy sources are further vulnerable…
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Bitcoin drops below $21.8K realized price as FOMC spooks markets

Anticipated volatility comes right on schedule for crypto as the weekly close already looks like a distant memory. Bitcoin (BTC) stuck to its realized price just below $22,000 on July 25 as Wall Street opened with a flat performance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin gives up more key levels Data from Cointelegraph…
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NFT utility to remedy ticketing dilemmas? Experts weigh-in

The biggest pain points in events ticketing could prove to be a flagship use case of blockchain-based nonfungible tokens, according to industry leaders. The 2022 Champions League final will have a checkered position in the competition’s history book. Real Madrid emerged victorious over Liverpool inside the Stade de France, but the pandemonium outside the stadium…
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