The crypto-rapper accused of laundering billions of dollars from the 2016 Bitfinex hack created NFTs of her album artwork. Now their owner claims they’ve vanished from NFT marketplace OpenSea. Earlier this week, Heather Morgan and her husband Ilya Lichtenstein were charged with conspiracy to launder cryptocurrency related to the 2016 Bitfinex hack; the Department of Justice announced that $3.6 billion…
Month: February 2022
Drake bets $1.3M in Bitcoin on Bengals vs Rams Super Bowl match
Drake spends his time betting more than a million in Bitcoin (BTC) on Super Bowl matches when he’s not running through the six with his woes. The award-winning rapper recently shared that he placed BTC bets worth a total of $1.26 million on the upcoming Superbowl match between the Cincinnati Bengals and the Los Angeles Rams. Through the crypto sports…
PUBG Developer Parent Company Krafton to Work On NFT and Metaverse Related Projects – Metaverse Bitcoin News
Krafton, the parent company of Bluehole, developers of PUBG, a popular battle royale game that has earned more than $300 million in 2021, announced it will redirect some of its activities toward developing NFT and metaverse-related projects. The company says it has acquired equity in two companies, Seoul Auction Blue and Xbyblue, that will enable Krafton to offer non-fungible tokens…
Bitcoin Surges By Double Digits Over the Week
The crypto market appears to have shrugged off weeks of lackluster performance as the price of Bitcoin (BTC) rose 14.5% over the past week to its current value of just over $43,000, according to CoinMarketCap. Bitcoin slid by nearly 3% over the day after peaking above $45,500 on Thursday, but is now well above this year’s bottom of $33,500 seen…
Bitcoin metrics demand BTC price gains as analysis calls for ‘near-term caution’
Bitcoin (BTC) has a “possibility” of winning back more lost ground this month, but a retest of $40,000 may test bulls beforehand. In its latest market update on Feb. 11, trading suite Decentrader voiced cautious optimism over BTC price action. Derivatives turn complementary After rallying above $45,500 on the back of U.S. economic data, BTC/USD has since dropped back into…
McDonald’s Trademark Filings Hint at Fast Food Giant’s Intent to Produce Metaverse Restaurants – Metaverse Bitcoin News
Following a slew of well known brands filing trademarks for metaverse related products and virtual goods, the American fast food firm founded in 1940, McDonald’s, has filed for ten trademark applications that describe plans to offer virtual restaurants and other digital-based products. 10 McDonald’s Trademark Filings Discovered Mention Digital-Based Products Like Food and Beverages, Operable Virtual Restaurants McDonald’s, home of…
Bitcoin briefly dethroned by unknown altcoin due to CoinGecko glitch
CoinGecko, one of the largest cryptocurrency tracking websites in the world, has suffered a major glitch on Friday morning, with Bitcoin (BTC) mistakenly losing its position as the largest digital currency by market capitalization to a lesser-known altcoin. The list of top-valued cryptocurrencies on CoinGecko briefly went somewhat irrelevant, with the BTC market cap temporarily falling behind a token known…
Anti-Vax Truckers Have Raised $700K in Bitcoin—And Have Elon Musk’s Support
The “Freedom Convoy” of Canadian truckers in Ottawa has raised nearly 16 Bitcoin (roughly $700,000) from 4,877 donors after their GoFundMe donations were blocked. The group even has garnered support from Elon Musk via Twitter, who believes crypto “cannot be stopped.” In late January, Musk also tweeted, “Canadian truckers rule.” The trucker convoy in Ottawa making international headlines was formed…
Bunny and Qubit turns to DAO following $80 million bug exploit
The development team behind Bunny Finance and Qubit has decided to disband the protocol and turn it into a decentralized autonomous organization (DAO). In an official medium post published on Friday, The Bunny Finance team announced that the exploit on Qubit that resulted in $80 million worth of loss has made it impossible for the team to operate at full scale.…
Sustainable Bitcoin miner uses waste heat to dry wood
Norway is a bastion for renewable energy management in Europe. As much as 99% of Norway’s energy derives from hydropower while the grid often enjoys a green energy surplus. But for Norway’s largest data center and Bitcoin (BTC) miner, Kryptovault, using regenerative hydropower to attempt to solve valid Bitcoin blocks was not enough. At the Hønefoss Bitcoin mining operation, which employees…