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Nike Hints at NFT Integration with Fortnite Game

Nike Hints at NFT Integration with Fortnite Game

Popular sports brand Nike has hinted at the possibility of launching a collection of sneaker-themed non-fungible tokens (NFTs) within the popular game Fortnite. In a June 16 announcement from Nike, it was revealed that the "ultimate Sneakerhunt" would begin on June 20, with a video featuring the logos of Fortnite's Air Max and Nike's Web3 platform, .Swoosh.The video also showed the word “Airphoria,” which appears to be the name of the NFT-related “sneakerhunt” game that is expected to be launched.The video was shared by members of the crypto community on Twitter, with community members also...

June 19, 2023
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Crypto Lawyer Kyle Roche Was the 'Victim of an Elaborate International Set Up' – Here's What Happened

Crypto Lawyer Kyle Roche Was the 'Victim of an Elaborate International Set Up' – Here's What Happened

Disgraced crypto lawyer Kyle Roche fell “victim to an elaborate international setup” that caused him to expose himself as corruptly beholden to Avalanche founder Ava Labs, reported the New York Times on Sunday. The setup, which destroyed Roche’s career as one of the biggest lawyers in cryptocurrency litigation, began in December 2021 when Roche received an email from a trusted peer introducing him to a businessman named Mauricio Andres Villavicencio de Aguilar. Villavicencio presented himself as an associate of Christen Ager-Hanssen, a venture capitalist claiming to be interested in one of...

June 19, 2023
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House Republicans Call on the SEC To Withdraw Proposed Rule That They Say Could Affect Decentralized Exchanges

House Republicans Call on the SEC To Withdraw Proposed Rule That They Say Could Affect Decentralized Exchanges

A proposed Securities and Exchange Commission rule would shut down the development of the digital asset industry and should be withdrawn, House Republicans said. A group of lawmakers in the House Financial Services Committee wrote to the SEC this week criticizing the proposed rule that they say could expand the definition of an exchange to include “communication protocol systems” and could go beyond centralized exchanges, the lawmakers said. “For digital assets, the Proposed Rule would go well beyond regulating centralized digital asset platforms and apply to persons acting ‘in concert’...

June 15, 2023
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Russian Energy Ministry Wants Legal Crypto Mining

Russian Energy Ministry Wants Legal Crypto Mining

Russia’s Ministry of Energy is pushing for the legalization of industrial crypto mining, and wants lawmakers to press ahead with a much-anticipated mining-related bill. Per the Russian news agency Tass, the ministry made the comments at the weekend, during the St. Petersburg International Economic Forum. Pavel Snikkars, the Energy Vice Minister, said that the ministry “supports” the legalization of mining and “expects” lawmakers to approve “the introduction of taxation for miners.” Snikkars said: “We want [crypto] miners to be recognized as a category of [energy] consumers. We hope that...

June 20, 2023
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Binance Takes Legal Action Against Fraudulent Nigerian Entity – What's Going On?

Binance Takes Legal Action Against Fraudulent Nigerian Entity – What's Going On?

Crypto giant Binance has issued a cease and desist notice against Binance Nigeria Limited, a “scam entity.” purporting to be associated with Binance. On June 9, the Nigerian Securities and Exchange Commission (SEC) ordered Binance to halt its operations of the local entity in the African country. The SEC said in its circular that the exchange was courting local investors through an illegal website. The financial regulator informed Binance that their local entity, “Binance Nigeria Limited,” was not registered or regulated. However, it now seems that the entity was not officially associated...

June 19, 2023
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KSI Faces Pump-and-Dump Allegations After Reopening Crypto-Focused X Account

KSI Faces Pump-and-Dump Allegations After Reopening Crypto-Focused X Account

Source: Pixabay Renowned YouTube personality Olajide Olayinka Williams Olatunji, widely known as “KSI,” has found himself embroiled in controversy once again, facing allegations of cryptocurrency pump and dump schemes after reactivating a crypto-focused account on social media platform X. Does this still work? — KSICRYPTO (@ksicrypto) February 13, 2024The YouTuber has come under scrutiny from crypto investigators ZachXBT and Coffeezilla after reopening his old crypto-focused X account. On February 14th, KSI reactivated his X account where he previously used...

Feb 15
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Google Enhances Search Features to Include Crypto Wallet Balance Search Across Multiple Blockchains

Google Enhances Search Features to Include Crypto Wallet Balance Search Across Multiple Blockchains

Google has recently enhanced its search features to enable users to search for crypto wallet balances across various blockchains, including Bitcoin, Ethereum, Avalanche, Optimism, Polygon, and Fantom. By entering a wallet address, users can now view the token balance categorized by the network and the timestamp of the last update.This expansion follows Google’s earlier introduction of Ethereum Name Service (ENS) domain search results, enabling users to check wallet balances using readable domain names such as “vitalik.eth” for Ethereum wallet addresses. Google has been steadily expanding...

Mar 29
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Grayscale Launches Proof-of-Stake Investment Fund for Accredited Millionaires

Grayscale Launches Proof-of-Stake Investment Fund for Accredited Millionaires

Grayscale, a prominent digital asset management firm, has unveiled plans to launch a “dynamic income fund” dubbed GDIF, focused on investing in proof-of-stake tokens for millionaire investors. Grayscale Dynamic Income Fund $GDIF is our first actively managed investment product. It seeks to optimize income in the form of staking rewards associated with proof-of-stake digital assets.For important disclosures and more information: https://t.co/v5IR7nJQY1 pic.twitter.com/YTBJzJJbTQ — Grayscale (@Grayscale) March 29, 2024According to a post on X, Grayscale has announced the launch of its...

Mar 30
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Fidelity Bitcoin ETF Records First Daily Net Outflows Since January Listing

Fidelity Bitcoin ETF Records First Daily Net Outflows Since January Listing

The Fidelity Wise Origin Bitcoin (FBTC) ETF, a key player in the spot Bitcoin exchange-traded fund (ETF) market, experienced a significant setback on Thursday, with a first day of net outflows since launch. It recorded a noteworthy outflow of nearly $23 million, marking a significant event in the cryptocurrency market.This outflow trend, the first of its kind since its introduction in January, had a ripple effect beyond Fidelity Bitcoin ETF. It impacted other prominent funds in the cryptocurrency market, painting a broader picture of the market’s current state.On the same day, notable names...

Apr 26
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