Neopets Cancels NFT Game Despite $4 Million in Funding Neopets, the popular virtual pet simulator web game, made waves in the crypto world with its NFT game venture. Backed by $4 million in crypto funding, the highly anticipated Neopets Metaverse seemed promising. However, the company surprised the community by abruptly canceling the project and focusing…
Attorney Bill Morgan counters Max Keiser’s criticism of XRP, citing its regulatory clarity after Ripple’s victory against the SEC, indicating a promising future for the token. Key Points In the ongoing Ripple vs. SEC lawsuit, there has been no shortage of opinions and criticisms from both sides. One notable critic of XRP is Max Keiser,…
The Rise of ThreadGuy Opepen: A Movement Ignited in the NFT Community Twitter has been buzzing with excitement over the past 36 hours as the ThreadGuy Opepen craze takes hold. NFT artist Jack Butcher’s act of kindness has sent shockwaves through the Web3 community. With his creation of a custom ThreadGuy Opepen edition NFT, Butcher…
In a groundbreaking legal ruling, Judge Torres has established what is now known as the “Torres Doctrine.” This doctrine applies the 1946 Howey Test to the modern-day use of blockchain technology, as seen in the Ripple case. The decision has been met with approval from lawyers in the cryptocurrency industry, particularly John E Deaton, the…
NFL star Patrick Mahomes is set to launch his highly anticipated Museum of Mahomes II NFT collection, featuring 15,000 unique digital collectibles inspired by his journey in the league. These NFTs come with exciting real-world perks such as autographed jerseys and footballs. Mahomes, who has already achieved Super Bowl MVP status, aims to take his…
Polychain Capital and Coinfund, two prominent cryptocurrency investment firms, have successfully raised a staggering $350 million for their latest crypto funds. This significant capital infusion highlights the ongoing investor interest and confidence in the cryptocurrency market. According to recent reports, Polychain Capital achieved a major milestone by securing $200 million in its “first close” for…
Emad Mostaque, the mastermind behind Stable Diffusion, has raised concerns about the possibility of an AI bubble, drawing a parallel to the famous dot-com bubble. Brace yourself for a thrilling yet potentially precarious journey as we delve into the exciting AI frenzy of the ‘Dot AI’ era. In a nutshell, Mostaque’s warning revolves around the…
A recent court hearing in New York has revealed that the judgment regarding the status of Ripple’s XRP token as a security will not have any impact on the ongoing bankruptcy proceedings of Celsius, a troubled crypto lender. The legal counsel representing Celsius confirmed this information during the hearing. The judgment on XRP, delivered by…
Opepen by Jack Butcher Shines Amid NFT Bear Market Challenges, Captivating Web3 Community Despite the ongoing challenges faced by the NFT space during the bear market, one collection stands out as a flourishing success. Opepen by Jack Butcher has managed to capture the attention and frenzy of the Web3 community, inspiring and igniting a sense…
ARK Invest, the investment firm headed by Cathie Wood, has reportedly sold a significant amount of shares in Coinbase as the stock reached near its one-year high. According to a trade disclosure, ARK Invest sold 248,838 COIN shares, amounting to over $26 million based on Monday’s closing price. This comes after the firm previously sold…
