OpenSea Private Auction Alarmed by NFT Scammers
The “gasless sales” function of OpenSea served as a crucial weapon for NFT hackers. Victims are required to sign a harmless contract, similar to a login signature.The largest NFT marketplace…
FTX indemnifies $12 million as security before filing for its Bankruptcy.
FTX paid its lawyers a whopping $12 million as a retainer to its Chapter 11 bankruptcy proceedings.District Judge Ronnie Abrams steps down from the FTX case.The FTX crypto exchange became…
NFT Marketplace OpenSea Bans Cuban Creators Citing U.S Sanctions
OpenSea insisted that it is only abiding with federal sanctions legislation. The U.S sanctions on Cuba are implemented through a number of different laws. OpenSea, the biggest marketplace for NFTs,…
FTX tried to Freeze Robinhood Shares as Creditors move to Scoop $450M in ROBINHOOD Stock.
Court filings show that debtors from FTX Trading Ltd. and Alameda Research want 56 million shares of Robinhood stock frozen after multiple creditors are seeking access to the funds, and…
FTX Battles for Control of $450M Robinhood Shares in US Bankruptcy Court
FTX CEO, crypto lender, and creditor battle for control of multi-million dollar Robinhood stake in US courtSam Bankman-Fried’s bankrupt cryptocurrency exchange FTX is seeking help from a United States Bankruptcy…
Tesla Stock Sales Will halt for About Two Years ~ Elon Musk
Musk foresees that the economy will be in a “serious recession” in 2023.The current value of Tesla Inc (TSLA) is $125.35, which decreased by nearly 8.88%.Elon Musk, the CEO of…
NFT Advert on Facebook by Crypto.com Taken Down by UK Advertising Authority
A sponsored Facebook ad for the crypto platform was reported by ASA. Crypto.com disagrees with the ASA’s assessment. On December 21st, Crypto.com had an NFT campaign prohibited by the Advertising…
Security Exchange Commission Warns Crypto Investors: “Be Wary Of Proof of Reserve ”
Since the demise of FTX, several crypto firms have commissioned “proof-of-reserves” audits.The change comes as the fallout from FTX has spread throughout the crypto industry.The Securities and Exchange Commission (SEC)…
Bitcoin Tends to Trail Significant Stock Market Bottoms
Bitcoin tends to bottom out at least six weeks before the S&P 500 Index.Delphi Digital shows that cryptocurrencies are riskier assets than stocks.Bitcoin (BTC), the dominant cryptocurrency in the global…
Brazil’s President Bolsonaro Signs Crypto Regulations Into Law
The new law establishes a crime of fraud involving virtual assets, with a penalty.It also creates a “virtual service provider” license .Brazil’s President Jair Bolsonaro approved a crypto regulatory bill…