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NFT News
TechBullion
56m
197
Image Credit: TechBullion
Redefining Eco-Investments: UltraverseNFT’s Sandalwood NFTs Merge Digital Finance with Sustainable Forestry
- UltraverseNFT introduces Sandalwood NFTs, merging blockchain and sustainable forestry.
- Each Sandalwood NFT represents ownership of a real sandalwood tree.
- Limited edition offering of 500,000 Sandalwood NFTs, offering a rare chance for eco-conscious investment.
- UltraverseNFT sets a new standard by linking NFTs to tangible assets, promoting responsible and eco-friendly investments.
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Cryptoslate
15h
204
Image Credit: Cryptoslate
DOJ targets $16 million in Binance account tied to Sam Bankman-Fried foreign bribery case
- The US Department of Justice (DOJ) has filed a civil forfeiture complaint to seize approximately $16 million in assets from a Binance account connected to an FTX bribery case.
- Former FTX CEO Sam Bankman-Fried allegedly approved a $40 million bribe to Chinese officials in order to unfreeze crypto trading accounts held by Alameda Research.
- The DOJ filing is part of the ongoing effort to recover over $3 billion in assets linked to FTX-related criminal activity.
- FTX has initiated several lawsuits to accelerate its fund recovery mission and has targeted Binance, Changpeng Zhao, Waves founder Aleksandr Ivanov, and others.
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TechBullion
16h
260
Image Credit: TechBullion
TOKYO BEAST teams up with Tools for Humanity, a contributor to World Network co-founded by Alex Blania and Sam Altman
- TOKYO BEAST FZCO has partnered with Tools for Humanity, a contributor to World Network.
- The partnership aims to integrate World ID into TOKYO BEAST and provide perks and rewards to World ID holders.
- TOKYO BEAST plans to integrate the World ID SDK for user verification and undertake joint marketing activities.
- The collaboration aims to enhance user experience, prevent fraud, and create a healthy gaming community.
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TheNewsCrypto
18h
66
Image Credit: TheNewsCrypto
Binance Under DOJ Scrutiny for FTX Related Crypto Holdings
- The U.S. Department of Justice (DOJ) has registered a civil forfeit lawsuit to recover $16 million worth of crypto assets, assumed to be linked to the controversial crypto exchange, FTX and its founder Sam Bankman-Fried.
- More than half of the assets in the account were held in Solana (SOL), amounting to around $8.5 million. The other cryptocurrencies include Internet Computer (ICP), Avalanche (AVAX), Ripple (XRP), and Cardano (ADA).
- The DOJ claims that suspicious transactions were found within the Binance account, including near-daily stablecoin and Bitcoin deposits, which were converted into other assets employing over-the-counter (OTC) transactions.
- The investigation mentions Binance's role in facilitating transactions linked to illicit activities, although Binance is not directly accused. The funds held in the Binance account have increased in value due to the recovery of the crypto market.
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Cryptoslate
20h
263
Image Credit: Cryptoslate
Binance sees $7 billion inflow after US elections amid crypto rally
- Binance has experienced a $7 billion inflow of funds after the recent US elections, outpacing its competitors.
- The surge in inflows has led to a rise in assets held on the platform, reaching $140 billion.
- Binance's reserve percentage share has climbed to 25%, indicating its proportion of reserves compared to other exchanges.
- The increased user engagement and growth in numbers are attributed to Binance's position as a preferred trading platform and the overall rally in the cryptocurrency market.
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Gritdaily
1d
112
Image Credit: Gritdaily
Turning the Page: How Gary Gensler’s Exit Could Usher in a Golden Era for Crypto
- During Gary Gensler's tenure as Chair of the SEC, his “regulation by enforcement” strategy resulted in lawsuits, fines, and legal battles with major exchanges like Coinbase & Binance regarding the categorization of digital assets as securities.
- This lack of direction prompted several firms to relocate overseas, positioning the US as a less competitive environment for digital finance, and adding volatility to the market.
- The incoming Trump administration could bring the clarity and structure that the crypto industry has been calling for, finally offering a supportive framework and environment.
- Gensler’s opposition to approving Bitcoin spot ETFs left a legacy marked by missed opportunities for broader adoption of Bitcoin.
- As Gensler exits his role, there’s renewed hope for a more predictable regulatory approach that could help restore market confidence and stabilize prices.
- The potential for new SEC leadership brings optimism that the industry will finally receive the regulatory clarity it has long demanded.
- The Trump administration’s return, along with Gary Gensler’s departure, may mark a pivotal moment for the cryptocurrency industry. These changes reflect a cultural shift toward viewing cryptocurrency as a legitimate and essential part of the economy.
- Crypto industry poised for its next chapter—one of growth, legitimacy, and meaningful impact on the global financial system.
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Hackernoon
1d
11
Image Credit: Hackernoon
PotCoin Announces the Launch of the High Rollers Club
- PotCoin is launching the High Rollers Club to engage the community and incentivize loyal participants.
- The High Rollers Club offers exclusive benefits to PotCoin holders through a dynamic reward system.
- Members can deposit their tokens into the High Rollers Vault, which mints raffle tickets for exclusive giveaways.
- Prizes include limited-edition NFTs, special events access, meeting celebrities, branded merchandise, and more.
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Medium
1d
3
Image Credit: Medium
SinCatchers: Real Utility and Deflationary Impact in DRKVRS
- Each SinCatcher NFT contributes to DRKVRS's token economy by permanently burning $SIN tokens, reducing the overall supply.
- SinCatchers provide access to exclusive game features, such as the Premium Dungeon, and unlock eligibility for future airdrops and in-game events.
- With a limited edition scarcity of 666 units, SinCatchers aim to create value on the secondary market and foster a core community within DRKVRS.
- SinCatchers act as a foundational element of the DRKVRS ecosystem, bridging traditional gaming experiences with blockchain technology and offering both gameplay privileges and economic incentives.
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Hackernoon
1d
61
Image Credit: Hackernoon
Towards Glory: Lumoz OG NFT Event is Now Live!
- The Lumoz OG NFT event is now live, allowing users to acquire NFTs of various rarities.
- The Lumoz OG NFT collection consists of one million NFTs in three different rarity levels: Sly, Puff, and Claw.
- These NFTs allow users to instantly convert esMOZ to MOZ without any lock-up period.
- Users can obtain Lumoz OG NFTs through completing tasks on the Galxe Quest Platform, participating in the Lumoz Discord Community Loyalty Rewards, and more.
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Bitcoinik
13h
254
Image Credit: Bitcoinik
Binance Co-Founder CZ Encourages Confidence in Bitcoin Investment as BTC Hits $91k
- Binance co-founder CZ encourages confidence in Bitcoin investment as BTC hits $91k.
- CZ advises investors to avoid negative news reports about Bitcoin.
- CZ highlights the news of Bhutan's $1 billion Bitcoin holdings, emphasizing the growing adoption of Bitcoin as a reserve asset.
- Bitcoin's price reaches $91,370, marking a new all-time high, driven by positive market sentiment, institutional adoption, and regulatory developments.
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Massivelyop
14h
25
Nexon Q3 2024: DNF Mobile and MapleStory propel Nexon to record-high revenues
- Nexon reports record-high quarterly revenue of ¥135.6B ($877M US) in Q3 2024.
- The success is attributed to the launch of Dungeon&Fighter Mobile in China and Dungeon&Fighter PC.
- MapleStory revenue from outside of Korea accounts for over 40% of the franchise total, with 23% YoY growth.
- Upcoming projects include Mabinogi porting to UE5 and the launch of ARC Raiders next year.
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Eu-Startups
21h
215
Barcelona-based Monster League Studios secures over €3.7 million for Web3 gaming expansion
- Barcelona-based Monster League Studios has raised over €3.7 million for the expansion of its Web3 gaming ecosystem.
- The funds will be used to support the development of Mokens League's gaming ecosystem, including in-game purchases, player rewards, and the use of its $MOKA utility token.
- Monster League Studios aims to create an interconnected gaming experience where players can carry assets across multiple game titles.
- The company was also incubated by Google, enhancing its game metrics and positioning it competitively in the industry.
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Crypto-News-Flash
22h
156
Image Credit: Crypto-News-Flash
Binance Chain Secures Google Cloud’s $10M Backing for MVB Program in AI, DeFi, and NFTs
- Binance Chain secures $10M in Google Cloud credits to boost its MVB Program, supporting AI, DeFi, and NFT projects.
- The funding will support the growth of over 40 innovative initiatives within the Binance ecosystem.
- Access to Google Cloud infrastructure will help teams expand capabilities and receive guidance on operational growth.
- Binance Chain strengthens its role as a leading hub for decentralized innovation with over 4,000 dApps.
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Zycrypto
1d
171
Image Credit: Zycrypto
FTX Blames Binance And Founder Changpeng Zhao For Its Downfall, Demands $1.8 Billion In New Lawsuit
- Crypto exchange FTX has filed a lawsuit against Binance and its founder Changpeng Zhao.
- FTX aims to recoup nearly $1.8 billion in fraudulently transferred funds.
- The lawsuit alleges that Binance acquired an equity stake in FTX in 2019 and later engaged in a share repurchase deal, which FTX claims was fraudulent.
- FTX also accuses CZ of orchestrating a campaign to destroy FTX through false tweets and triggering a run on the bank.
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Tech Story
1d
34
Trump’s Pro-Crypto Stance Promises Major Regulatory Shifts
- President-elect Donald Trump is set to embrace a more crypto-friendly regulatory approach as his administration prepares to take office.
- The goal is to make the United States the 'crypto capital of the planet,' sparking optimism in the crypto industry.
- Potential appointments with strong ties to the crypto industry are being considered for key roles in regulatory bodies like the SEC.
- Critics raise concerns about potential risks, including less protection for investors and increased vulnerability to fraud and market manipulation.
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