On May 10, American business magnate Elon Musk tweeted a meme created using imagery from the Milady nonfungible tokens (NFT) collection. Shortly thereafter, the floor price of Milady NFTs spiked from 3.8 Ether (ETH) to as high as 7.3 ETH before falling to 5.69 ETH apiece at the time of publication. pic.twitter.com/4s6HwnCY74 — Elon Musk (@elonmusk) May 10, 2023 Created…
Alo Yoga, an apparel and accessories retailer with dozens of locations across several U.S. states, has rolled out an in-store NFT claim in collaboration with crypto payments firm MoonPay, letting brick-and-mortar customers receive free digital collectibles featuring “daily affirmations.” Launched for Mental Health Awareness Month in the United States, the in-store experience lets customers tap a smartphone against a terminal…
This story comes from GG. Your Web3 Gaming Power-Up Discover GG Roblox—an online multiplayer game in which players can build their own games and socialize with friends—today published its quarterly earnings with mixed results, but said that its daily active users (DAU) count reached a new record sum. The firm’s stock is up over 7% today to nearly $39 following…
On May 10, local news outlet Hankyung reported that Do Kwon, co-founder and former CEO of Terraform Labs, had over 233.3 billion Korean Won ($176 million) in personal assets frozen as part of ongoing criminal proceedings. Chief Judge Yun Chan-Young of the 12th Criminal Division of the Seoul Southern District Court has prohibited the sales of Do Kwon’s Galleria Foret…
Tether today reported a net profit of $1.48 billion, with the company behind the world’s biggest stablecoin saying it was “very optimistic for the future.” In a Wednesday blog post, the sometimes controversial company summed up its 2023 Q1 assurance report—prepared by accounting firm BDO Italia—by revealing that its reserves reached an all-time high of $2.44 billion, a $1.48 billion…
In a recent court submission, legal representatives for basketball icon Shaquille O’Neal, commonly referred to as Shaq, claim he was not duly served in the FTX class-action lawsuit. As per the document, servers allegedly hurled the court documents at Shaq’s car, ultimately landing on the public street near his Georgia residence. Shaq’s Legal Team Fights Back Against FTX Lawsuit In…
Ethereum layer-2 blockchain Arbitrum will distribute ETH (ETH) tokens worth nearly $6.2 million to its decentralized autonomous organization (DAO), the project announced May 9 on Twitter. ARB holders must claim the rewards. The funds to be collected are base fees and surplus revenue generated from network transactions. According to Arbitrum’s tweet, a total of 3,352 ETH will be collected by its DAO.…
press release PRESS RELEASE. The international web3 summit Synopsis announced that its 6th edition will be held offline in Istanbul on October 5–6, 2023. Synopsis Istanbul is devoted to all things digital economy and web3. It suits seasoned industry professionals, newcomers, projects willing to broaden their reach, and individuals eager to know where the industry is heading next. The summit…
Milady Maker NFTs have pumped in price today following a tweet from Twitter owner and CEO Elon Musk, who shared a meme showing one of the anime-style Ethereum NFTs. The image reads “There is no meme. I love you.” It has already been viewed more than 4 million times in less than an hour, and yielded tens of thousands of…
Amid the craze generated by Pepecoin (PEPE), which saw its market cap surpass the $1 billion mark last week, decentralized exchange (DEX) Uniswap overtook Coinbase in daily volume over the past few days. The DEX first pulled even on May 4th, when both exchanges saw approximately $1.2 billion in volume according to DeFi Llama and CoinGecko. It’s worth nothing that…
