The classic fictional character Tarzan is swinging from the African jungle into Web3 via a new multi-year licensing deal between digital fashion studio XLABEL and the estate of the character’s original creator, Edgar Rice Burroughs. No, Disney is not involved. And this Tarzan has a different vibe than some past portrayals—so you might see him in some surprising new settings.…
Month: March 2023
Heavyweight champ Oleksandr Usyk seeks to tokenize boxers’ careers
IBF, WBO and WBA heavyweight boxing champion Oleksandr Usyk has put his weight behind a blockchain platform that aims to tokenize and support the boxing industry. The Olympic gold medalist has teamed up with Ukrainian-based cryptocurrency exchange Qmall to develop the Ready to Fight platform. The browser-based platform makes use of blockchain technology to help boxers tokenize their brands to…
Binance spot trading halted due to issue on trailing stop orders
Crypto exchange Binance has encountered major issues with spot trading on the platform. On March 24, Binance suspended all spot trading transactions, according to an announcement by Binance’s official Twitter account. “We are aware of an issue impacting spot trading on Binance. All spot trading is currently temporarily suspended as we work to resolve this as soon as possible,” Binance…
Web3 Studio Overlord Taps Dan Houser-Backed Revolving Games to Build NFT Game
Got lizard people? Web3 project Overlord does, and it has enlisted game studio Revolving Games—backed by Rockstar Games co-founder Dan Houser—to develop a video game in the Overlord ecosystem, which features colorful lizard NFTs. Overlord cofounder Dom Smith told Decrypt about the plans for the yet-to-be-named sci-fi game, which aims to span multiple planets and universes and be “cross-chain from…
Arbitrum airdrop sees 1,500 addresses consolidate $3.3M into two wallets
As the hype surrounding the Arbitrum (ARB) airdrop continues, on-chain activity shows that airdrop hunters consolidated tokens worth around $3.3 million collectively from 1,496 wallets into two wallets. According to the blockchain analysis platform Lookonchain, one wallet received 1.4 million ARB from 866 addresses. The account then added all the ARB received to the decentralized exchange Uniswap to provide liquidity.…
Binance employees allegedly help customers in China bypass KYC controls
Binance, the world’s largest cryptocurrency exchange, has made significant efforts to be a leader in transparency in the industry since the FTX scandal. However, a new report claims that Binance insiders are allegedly helping users bypass security protocols. According to a CNBC investigation, employees and volunteers at Binance have allegedly been aiding customers in China to subvert the exchange’s Know…
USDT issuer Tether has up to $1.7B in excess reserves, CTO says
Cryptocurrency firm Tether, which issues the stablecoin USDT (USDT), expects to make a $700 million profit in the first quarter of 2023, matching the profits of the last quarter of 2022, Tether chief technology officer Paolo Ardoino told Cointelegraph at Paris Blockchain Week 2023. “I don’t have the final figures yet, but the profit of this quarter will probably match…
ChatGPT can now access the internet with new OpenAI plugins
OpenAI said it is initially rolling out the plugins to a small set of users to “study their real-world use and impact,” before expanding to larger-scale access. Source: https://cointelegraph.com/public/index.php/news/chatgpt-can-now-access-the-internet-with-new-openai-plugins
Hacked vanity addresses used to siphon $500K
Hacked vanity addresses have reportedly been used to steal $500,000 worth of tokens from the March 23 airdrop of the layer-2 scaling solution Arbitrum. A vanity address is a customized cryptocurrency address that contains specific words or phrases chosen by the user, with the aim of making them more personal and easily identifiable. However, the disadvantage includes the security risk…
Greenpeace war on Bitcoin unintentionally spawns ‘badass’ new mascot
Environmental group Greenpeace’s latest salvo against Bitcoin (BTC) has seen the commissioning of an artwork aimed at highlighting its climate impact. Instead, the art piece has been widely praised by Bitcoiners, who want to adopt it as its mascot. On March 23, the climate activism group partnered with art activist Benjamin Von Wong for its ongoing “change the code, not…