Music Profits Surpassed by Grimes’ NFT Sales
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March 21, 2024
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Grimes, the Canadian artist known for her music, has earned more from her NFT collection than she has from her entire music career. The collection, which has reached approximately $6 million, has brought both success and concern for Grimes. She worries about the increasing commercialization of the NFT and crypto space, as many individuals are primarily driven by financial motives. …
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SEC Appeals XRP, Deaton Expresses Concerns of Potential Backfire
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March 21, 2024
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Crypto lawyer John Deaton has shared his insights on the appeal made by the SEC in the XRP lawsuit. The SEC is seeking to challenge certain aspects of the court’s decision early on, even before the main case concludes. While this could give the SEC an advantage, Deaton emphasizes that it does not guarantee an automatic win for them. Deaton …
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Reason Behind the Surge in XRP Active Addresses Reaching 200,000
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March 21, 2024
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XRP’s network sees a resurgence in active addresses after a price rally fueled by a legal victory against the SEC, despite subsequent market volatility. Key Points The XRP network has witnessed a notable revival with a surge in active addresses, signaling the resilience of the network despite recent price setbacks. The increase in activity has raised questions about what is …
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Jury Trial Scheduled for 2024 in Ripple’s Case against SEC
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March 21, 2024
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Judge Torres has announced that the lawsuit between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs will proceed to a jury trial in the second quarter of 2024. This development has significant implications for the cryptocurrency market. The key dates set by Judge Torres for the trial are as follows: – August 23, 2023: Both parties must submit …
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CRV Token Receives a Boost of $5 Million Investment from Binance Labs After Facing Recent Challenges
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March 21, 2024
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Binance Labs, the venture capital arm of the world’s largest cryptocurrency exchange, has announced a $5 million investment in the Curve DAO Token (CRV). This token is a key component of the Curve decentralized exchange (DEX) on the Ethereum blockchain. In addition to the investment, Binance and Curve are exploring the possibility of deploying the DEX on Binance’s BNB chain. …
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Tonight there will be a release of collectible drops featuring left-facing pudgy penguins.
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March 21, 2024
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Pudgy Penguins toys are once again making waves in the market after their Banana Suit collectibles sold out in a mere 7 seconds! Now, the project has introduced their new line of ‘Left Facing’ collectibles, inspired by the highly sought-after 1/1 Left Facing Pudgy Penguin #6873. Let’s dive into the details of these adorable collectibles. The ‘Left Facing’ collectibles pay …
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Surge of $297M Investments in Metaverse and Web3 Gaming
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March 21, 2024
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DappRadar’s latest industry report has shed light on the exciting and rapidly evolving world of blockchain gaming and the metaverse. With significant investments pouring in and even major players like Google recognizing the potential of Web3 gaming, we are witnessing a transformative shift in the industry. Here’s what you need to know from the report. Firstly, blockchain gaming accounted for …
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SEC Accused of ‘Poor Conduct’ by Pro-XRP Lawyer; Questions Raised on Meeting between FTX’s Sam Bankman-Fried and Gary Gensler
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March 21, 2024
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Cryptocurrency industry veteran John Deaton has shared his insights on the complex relationship between the industry and the U.S. Securities and Exchange Commission (SEC). In a recent statement, Deaton echoed the sentiments of Coinbase’s Paul Grewal, highlighting the unintended consequences of the SEC’s current strategy. Deaton drew attention to the challenges faced by businesses seeking to comply with regulatory standards, …
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Machi Big Brother Withdraws Lawsuit Against ZachXBT
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March 21, 2024
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MachiBigBrother Withdraws the ZachXBT Defamation Lawsuit In a surprising turn of events, Jeffrey “Machi Big Brother” Huang has dropped his defamation lawsuit against blockchain investigator, ZachXBT. This decision came after ZachXBT made significant changes to his investigation, toning down the accusations and language used. The dispute between the two centered around allegations made by ZachXBT in an article regarding Machi’s …
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Earn ARKM Airdrop Reward for Providing Information on Do Kwon
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March 21, 2024
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Arkham Intel Exchange has recently announced a new bounty, offering $5,000 for information on Terra co-founder Do Kwon. The platform has been in the spotlight lately due to its previous bounty of 100,000 ARKM airdrop tokens, which were rewarded to those who could solve the FTX mystery. Currently, Do Kwon is in a Montenegrin prison, and Arkham Intel Exchange aims …
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