BlockFi execs, Gemini named in proposed lawsuit by a disgruntled investor
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BlockFi execs, Gemini named in proposed lawsuit by a disgruntled investor

An investor with nearly $2 million worth of funds frozen in bankrupt cryptocurrency lender BlockFi has filed a class action complaint against its founders, two directors and crypto exchange Gemini. In a Feb. 28 complaint filed in the U.S. District Court for the District of New Jersey, investor Trey Greene accused the defendants of numerous wrongdoings, including violating the consumer…

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Binance
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Binance’s AI-powered NFT generator hits 10K mints in 2.5 hours

Binance’s newly launched artificial intelligence-powered nonfungible token (NFT) generator has been churning out digital art at full capacity, reaching a cap of 10,000 NFT mints in just 2.5 hours after launch. On Mar. 1, the world’s largest crypto exchange Binance launched an AI-powered NFT generator called “Bicasso” in beta. Binance CEO Changpeng Zhao told users “you can turn your creative…

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Notorious Monkey Drainer crypto scammer says they’re ‘shutting down’
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Notorious Monkey Drainer crypto scammer says they’re ‘shutting down’

The cryptocurrency phishing scammer behind some of the most high-profile and high-value Web3 thefts is claiming to have packed up shop and is “moving on to something better.” The scammer by the pseudonym Monkey Drainer posted to their Telegram channel on Mar. 1 that they “will be shutting down immediately” and all “files, servers and devices” related to the drainer…

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Why 160-Year-Old Luxury Watch Maker Panerai Is Getting into NFTs
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Why 160-Year-Old Luxury Watch Maker Panerai Is Getting into NFTs

Why 160-Year-Old Luxury Watch Maker Panerai Is Getting into NFTs Eva Assayag, Web3 lead at Panerai, sat down with Decrypt’s Dan Roberts at NFT Paris to talk about Panerai’s Web3 strategy, which will soon include a “digital passport” sold with every watch. Source: https://decrypt.co/videos/live-events/8DZX3S8s/why-160-year-old-luxury-watch-maker-panerai-is-getting-into-nfts

Polygon launches decentralized ID product powered by ZK proofs
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Polygon launches decentralized ID product powered by ZK proofs

Polygon, a layer-2 scaling protocol for Ethereum has launched a zero-knowledge decentralized identity solution, Polygon ID to the public nearly a year after announcing its development. The service uses zero-knowledge proofs (ZK proofs) that use cryptographic techniques to allow users to verify their identity online without having their sensitive information passed, or potentially stored with a third party. The public…

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Fed President Warns of 'Disastrous Results' if the Fed Loosens Policy Prematurely — Says 'Inflation Remains Too High'
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Fed President Warns of ‘Disastrous Results’ if the Fed Loosens Policy Prematurely — Says ‘Inflation Remains Too High’ – Economics Bitcoin News

Federal Reserve Bank of Atlanta’s president has warned of disastrous economic consequences similar to those seen during the financial crisis of the 1970s if the Fed loosens its policy prematurely. Noting that “inflation remains too high,” he stressed: “We don’t want a repeat, so we must defeat inflation now.” Fed Officials on Rate Hikes and Inflation Fight The president of…

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NFT Factory President: 'NFTs Will Be Active in a Bull or Bear Market'
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NFT Factory President: ‘NFTs Will Be Active in a Bull or Bear Market’

NFT Factory President: ‘NFTs Will Be Active in a Bull or Bear Market’ John Karp, president of NFT Factory Paris and the founder of Non-Fungible Conference Lisbon, spoke to Decrypt’s Dan Roberts at NFT Paris about the exploding Web3 community in Paris, the concept behind creating a physical gallery for NFTs, and how the existing art community understands NFTs because…

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