Crypto News Center

Evolved Apes Creators Charged Over $3 Million Rug Pull

By Philip Maina 2 months agoSun Jun 09 2024 06:11:11 Reading Time: 2 minutes The creators of the Evolved Apes NFT collection have been charged in court for defrauding investors The entities reportedly pocketed over $2 million after conducting a rug pull They’ve been slapped with money laundering and wire fraud charges A New York court has charged three individuals connected to the Evolved Ape NFT collection with money laundering...

Top 10 Airdrops For The Second Week of December

Crypto airdrops farmers have ten valuable opportunities to receive free cryptocurrency tokens from projects backed by renowned investors. These airdrops distribute free tokens to attract new users and expand communities. For crypto enthusiasts, the following airdrops present a chance to earn new tokens and engage with emerging projects. Movement Network Movement secured $41.40 million in a funding round co-led by Polychain Capital, Borderless Capital, Blizzard Fund, and dao5, with additional...

Smoke Leads to Discovery of Illegal Crypto Mining Setup at Poland’s University of Wrocław

A hidden cryptocurrency mining operation was discovered in the basement of the University of Wrocław, according to police spokesman Wojciech Jabłoński, as reported by tvpworld.com. Covert Mining Operation Sparks Investigation at the University of Wrocław The operation was reportedly uncovered after smoke emerged from ventilation ducts at the university’s law department. Jabłoński explained that the smoke resulted from a short circuit in the mining devices, which were wirelessly connected to...

Christie’s Post-war Art Auction to Include Bitcoin NFT

By Philip Maina 2 months agoMon Sep 30 2024 10:51:48 Reading Time: 2 minutes Christie’s will feature a Bitcoin NFT in its post-war live art auction The NFT, dubbed “Ascend,” will be the only collectible in the auction The Christie’s Post-War and Contemporary Art Day Sale is scheduled for October 10 Popular art auction house Christie’s will feature a Bitcoin NFT during its live Post-War and Contemporary Art Day Sale...

Ubisoft Launches Its First Original NFT Game

By Philip Maina 1 month agoThu Oct 24 2024 09:59:58 Reading Time: 2 minutes Ubisoft has launched its first NFT game called “Grimoria Chronicles” The Oasys blockchain powers the game’s NFTs Grimoria Chronicles is a competitive multiplayer turn-based RPG (role-playing game) game Gaming heavyweight Ubisoft has released its first original blockchain and NFT game, Champions Tactics: Grimoria Chronicles. The free-to-play computer game takes a competitive multiplayer and turn-based approach where...

Russia bans crypto mining in key regions starting 2025

The ban targets specific regions to address energy imbalances and electricity subsidies, with restrictions extending until 2031. Photo: CNBC Key Takeaways Russia will ban crypto mining in several regions starting January 1, 2025. The ban addresses electricity shortages and interregional cross-subsidization issues. Russia will prohibit crypto mining in several regions starting January 1, 2025, extending through March 15, 2031, according to state news agency TASS. The move seeks to tackle...

OpenSea to Launch Revamped NFT Marketplace

By Philip Maina 4 weeks agoWed Nov 06 2024 12:05:22 Reading Time: 2 minutes OpenSea plans to recreate the NFT marketplace and relaunch it next month OpenSea CEO Devin Finzer said they’ve “been quietly cooking” the new platform Finzer didn’t disclose what features they intend to add or remove from the marketplace Two months after receiving a Wells Notice from the SEC , NFT marketplace OpenSea has revealed plans to...

Pay3 Launches Digital Payment Platform to Bridge Telegram and TON Ecosystem

Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions. Pay3 Limited is proud to announce the launch of its digital payment platform designed to transform how Telegram’s global user base interacts with digital assets. The solution aims to simplify cryptocurrency...

Lawyer Says SEC Unlikely Changed Stance on Whether Solana is a Security or Not

Lawyer and Chief Legal Officer at Variant fund, Jake Chervinsky, says the SEC’s request to amend its complaint against Binance does not signal that the regulator no longer regards Solana, or the other crypto mentioned in the case, to be unregistered securities.  Chervinsky says the move is purely a “litigation tactic” on the SEC’s part and notes the regulator still refers to Solana and some of the other tokens as...

Crypto Whales Buy The Dip As $22 Million In XRP Flows Out Of Binance

XRP is starting to recover after bouncing off $0.405 on July 5, suggesting the early stages of a rebound may be brewing. The crypto market has been volatile lately, and XRP hasn’t been spared. The crypto’s price took a dip recently, dropping below $0.40 for the first time in over a year. It is interesting to note that on-chain data suggests that some whales may be accumulating in anticipation of...