$4.2 trillion asset management firm Fidelity Investments has filed trademark applications in the United States for a host of Web3 products and services, including a non-fungible token (NFT) marketplace and financial investment and crypto trading services in the metaverse. This is according to three trademark filings submitted to the United States Patent Trademark Office (USPTO) on Dec. 21, of which…
Caroline Ellison, the former CEO of collapsed algorithmic trading firm Alameda, told a judge that she agreed with disgraced former FTX CEO Sam Bankman-Fried in providing “materially misleading financial statements to Alameda’s lenders.” According to a transcript of her courtroom allocution, delivered on Dec. 19 but kept sealed until Bankman-Fried was released on a $250 million bond three days later,…
Banking giant HSBC has filed trademark applications with the United States Patent and Trademark Office (USPTO) for a wide range of digital currency products and services, including those related to the metaverse and non-fungible tokens (NFTs). HSBC’s Trademark Applications for Crypto-Related Products and Services HSBC has filed two crypto-related trademark applications for its name and logo with the United States…
Professional scam organizations are targeting cryptocurrency users following the collapse of FTX, initiating millions of automated calls and text messages in an attempt to swindle information and funds. Clayton LiaBraaten, senior executive adviser at Truecaller — an app that helps identify scam callers and messages — spoke to Cointelegraph, scammers often closely follow crypto news to better prey on their…
Billionaire tech entrepreneur Mark Cuban is still bullish on Bitcoin, saying that he wants the price to continue dropping. “I want Bitcoin to go down a lot further so I can buy some more,” Cuban said in an appearance on comedian Bill Maher’s “Club Random” podcast. The owner of the NBA’s Dallas Mavericks said that investing in gold wasn’t worth…
Two prominent Solana projects have announced they are transitioning over to new blockchains. The non-fungible token (NFT) venture Degods detailed it will be moving to the Ethereum chain and the Y00ts NFT team detailed it is moving to Polygon. Both teams said the transitions will take place in 2023. Degods Says NFT Project Will Move to Ethereum, Y00ts Details NFT…
Octopus Network, a decentralized app chain network natively built on NEAR Protocol, has announced that it will be “refactoring” to adapt to current market conditions. As part of its refactoring process, Octopus network will let go of roughly 40% of its team, which accounts for 12 out of 30 members. The remaining staff will also be subjected to a 20%…
The Bitkeep exploit that occurred on Dec. 26 used phishing sites to fool users into downloading fake wallets, according to a report by blockchain analytics provider OKLink. The report stated that the attacker set up several fake Bitkeep websites which contained an APK file that looked like version 7.2.9 of the Bitkeep wallet. When users “updated” their wallets by downloading…
’Twas the weeks before Christmas on a island far away, None could have foreseen crypto’s golden boy going astray. When politicians and firms took FTX‘s money with glee, Did they truly know the depth of one man’s duplicity? Imagine if you will, the exchange’s younger days, When business people showered the LoL player with praise. The markets were high, adoption…
Former U.S. president Donald Trump said that he decided to launch his NFT collection because he liked the art and thought the images of him were “sort of cute.” In a recent interview with One America News, the twice-impeached former Commander in Chief and one-time television personality said Trump Digital Trading Cards were not about making an investment, but rather…
