A devastating mistake has landed an NFT owner in hot water. The proud owner of a CryptoPunk, which he had just purchased for an impressive 77 ETH ($123,434), destroyed this by accident while attempting to wrap it and borrow against its value. The tragedy happened when the owner followed unclear instructions, causing him to send the valuable NFT to the …
Continue ReadingStefan Matthews, the co-founder and executive chairman of nChain Group, is creating a stir in the cryptocurrency community with his ambitions to use BSV blockchain technology to digitize the Philippine government. Matthews disclosed his plans for cryptocurrency adoption in an interview with CoinGeek and addressed them to the Filipino government. The BSV blockchain has a lot of potential, according to …
Continue ReadingAs the world continues to embrace the digital age, security concerns have become increasingly prevalent. In addition, the rise of cryptocurrencies and other digital assets has led to a greater need for safe and secure storage solutions. CryoSeed, a new player in the digital asset security space, has developed an innovative solution to this problem. Their impenetrable seed phrase vault …
Continue ReadingArbitrium, a layer 2 solutions provider for Ethereum, has stepped back on its government voting systems after getting backlash from the token holders. Arbitrium had control over 750 million tokens worth $1B. Community Decision Matters April 2 was when Arbitrium tweeted that they would not be able to pass AIP-1, their first governance proposal, as they wanted to adhere to …
Continue ReadingPress Release/Paris, France/April 2, 2023: Tezro, is pleased to announce a new feature that allows USTC token holders to exchange their tokens for Tezro’s official shopping token, TezroST. The exchange rate is set at a fixed $1 per USTC token, and the process is now live, making it easier for Tezro users to swap their tokens seamlessly. TezroST is backed …
Continue ReadingSouth Korean authorities have successfully recovered assets worth $160M from 8 employees of Terraform labs including that of the co-founder Daniel Shin. These 8 employees were linked with the collapse of Terraform Labs. The Southern District Prosecutor Office of Seoul has seized the assets. What assets were recovered? On April 3, the authorities reported that they seized over 210 billion …
Continue ReadingEHP Technologies, a first-of-its-kind fifth-generation heating and cooling technology company, has launched its revolutionary greenhouse heating systems. According to the CEO of EHP Technologies, Mr. Anıl Çil, the idea behind the development and launch of the EHP Heating Systems was motivated by the need to ensure a healthy and clean environment devoid of the harmful of global warming. A Cornell …
Continue ReadingThe United States Department of Justice (DOJ) has successfully seized assets worth $112M in cryptocurrency in a pig butchering scam. The department said that these scams have been on rise over the past few years and they are working hard to find other such scams prevailing in the country. What is a Pig Butchering scam? Through pig butchering scams, the …
Continue ReadingIn a highly ambitious move, some of Japan’s leading financial and technological institutions have come together to form an innovative metaverse infrastructure project. To provide users with convenient payment systems, reliable authentication services, and comprehensive insurance options across multiple platforms, this collaborative effort is poised to revolutionize how digital assets are handled in the modern world. This unprecedented collaboration marks …
Continue ReadingYuga Labs have unveiled an ordinal inscription collection TwelveFold, their newest and most ambitious foray into the NFT space. This collection is set to revolutionize blockchain technology with its unparalleled utilization of the bitcoin blockchain. With eye-catching features that encourages enthusiasts from all over to partake in this unique corner of the crypto sphere, it has sparked a resurgence of …
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