OpenSea, the world’s largest nonfungible tokens (NFT) marketplace, has issued a warning to customers after it was discovered that an employee of Customer.io, a platform for managing email newsletters and campaigns, leaked the list of OpenSea customers’ emails to an outside party. The breach has affected all of the users who have given their email to the marketplace, whether it’s…
Taiwan’s central bank is yet to conclude work on its central bank digital currency (CBDC) and according to the bank’s governor, the institution may need two more years to finish its work, a report has said. Some of the bank’s next tasks include winning the public’s support, ensuring the system is stable, and building the currency’s legal framework. Simulating Use…
It’s been another day of watching the ripples of contagion spread through the crypto market. With Three Arrows Capital being ordered into liquidation by a British court, details have also emerged today of BlockFi liquidating a $1B loan to 3AC, and the fallout from the insolvency was partly to blame for lending firm and market maker Genesis Trading facing losses…
Crypto exchange CoinFlex is “unlikely” to resume withdrawals on Thursday, June 30 as it had originally hoped, according to its CEO Mark Lamb, as the company continues to search for buyers of its $47 million bad debt. Speaking to CNBC on Wednesday, Lamb said more time was needed before it could reopen the platform for withdrawals, stating: “We will need…
The Securities Exchange Commission on Wednesday rejected an application from Grayscale Investments to convert its Grayscale Bitcoin Trust (GBTC) to an ETF, an effort Grayscale has been publicly pushing since April of last year. Now Grayscale is suing. In its ruling, the SEC said the Grayscale spot ETF application did not do enough to protect investors from “fraudulent and manipulative…
Former Ripple Labs founder Jed McCaleb is nearing the end of his eight-year XRP dump marathon, with only 81.53 million XRP (worth $26.55 million), remaining in his wallet’s balance. According to Jed Balance, a website tracking his XRP holdings, McCaleb’s wallet name “tacostand” has been shedding an average of 4.06 million XRP over the last month but has ramped up…
E-commerce giant Ebay has filed two trademark applications covering a wide range of products and services relating to the metaverse and non-fungible tokens (NFTs). Ebay’s NFT, Metaverse Trademark Applications Ebay Inc. (Nasdaq: EBAY) filed two trademark applications with the United States Patent and Trademark Office (USPTO) last week covering a wide range of products and services relating to non-fungible tokens…
This is an opinion editorial by Jens Bucher, a contributor at Bitcoin Magazine. Bitcoin is a topic that stirs the passions in a way few other topics, perhaps barring CrossFit or veganism, tend to do. As Bitcoin increasingly comes under attack from governments and media, it is doubly unfortunate to see passionate defenders of Bitcoin produce such passionately incorrect apologia.…
Popular Ethereum-based Metaverse gaming platform The Sandbox has unveiled a bridge that enables users to transfer their virtual NFT LAND and native SAND tokens over to Layer-2 network Polygon (MATIC). While The Sandbox will live on Ethereum for the most part, the platform has emphasized that conducting SAND and LAND transactions on Polygon will result in lower gas fees, faster…
The crypto market tumbled downward for weeks leading into NFT NYC, but the line to pick up passes on the convention’s first day still stretched hundreds of yards around the block. As its doors opened, the New York Mariott Marquis became a coordinated scene of attendees filing through a vertical maze of escalators and walkways, while company reps put final…
