Social Poker App PokerGO Play Lands on Gala Games
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Social Poker App PokerGO Play Lands on Gala Games

PokerGO Play, a new NFT-based social poker app, has launched on Gala Games in partnership with specialist streaming platform PokerGO. Developed by Shiver Entertainment, PokerGO Play is billed as, “a social poker game that is unlike anything available today.” Combining realistic poker gameplay with digital ownership and gameplay perks through NFTs, the game also offers the chance of daily rewards…

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Sam Bankman-Fried’s lawyers argue previous FTX legal team led him to act 'in good faith'
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Sam Bankman-Fried’s lawyers argue previous FTX legal team led him to act ‘in good faith’

Lawyers currently representing Sam Bankman-Fried, or SBF, for his criminal case in the United States plan to elicit evidence the former CEO acted “in good faith” on advice of previous counsel in regards to his alleged actions at FTX and Alameda Research. In an Aug. 23 filing in U.S. District Court for the Southern District of New York, SBF’s legal…

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China launches blockchain-powered data exchange
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China launches blockchain-powered data exchange

During the 2023 Hangzhou Summit held in Hangzhou, China, a new data exchange powered by blockchain technology was unveiled by government officials. Over 300 enterprises, including Alibaba Cloud and Huawei, participated in the exchange’s debut. According to local news reports on Aug. 23, the new Hangzhou Data Exchange will facilitate the trading of enterprise information technology data using distributed ledger…

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Metaverse Tokens Lead Weekly Crypto Losses Amid SEC’s Securities Allegations
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Bitcoin Ordinals Trading Is Down Bad—But Just How Bad?

A contentious debate stirred last week after a report surfaced showing Bitcoin Ordinal sales volumes had dropped 97% from May to August. DappRadar’s report indicated “declining interest” in the wider NFT space, with trading volume for unique active wallets on Ethereum and Polygon dropping by 22% and 60%, respectively. Figures for Ordinals were purportedly far more pronounced, however. Bitcoin Ordinals…

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Multichain victims search for answers in $1.5B exploit as new evidence emerges
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Multichain victims search for answers in $1.5B exploit as new evidence emerges

On July 14, developers of the $1.5-billion Chinese cross-chain protocol Multichain confirmed users’ worst fears. The protocol’s CEO, identified only as “Zhaojun He,” was arrested by Chinese authorities in Kunming on May 21 after months of repeated denials on official communication channels. Also allegedly arrested was Multichain’s core team, which was operating in Shanghai.  It was never disclosed why Zhaojun…

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Thailand’s next prime minister Srettha Thavisin has crypto history
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Thailand’s next prime minister Srettha Thavisin has crypto history

Thailand’s parliament on Aug. 22 voted for real estate tycoon Srettha Thavisin to be the country’s next prime minister. Thavisin is best known as former president and CEO of Sansiri, one of the largest real estate developers in Thailand, which also has some cryptocurrency background. Thavisin, 60, was the only candidate brought to elections by the Pheu Thai Party, receiving…

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Mobile RPG Champions Arena Launches on Gala Games
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Mobile RPG Champions Arena Launches on Gala Games

Gala Games has launched its newest title, OneUniverse’s turn-based RPG Champions Arena, on the Gala Games Launcher for mobile and PC. In Champions Arena, players choose from over 100 unique Champions to assemble a team and do battle in player versus environment (PvE) and real-time player versus player (PvP) challenges. Champions can also take part in missions, while boss raids…

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FBI Warns Crypto Firms That North Korean Hackers ‘May Attempt to Cash Out Bitcoin’
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FBI Warns Crypto Firms That North Korean Hackers ‘May Attempt to Cash Out Bitcoin’

The U.S. Federal Bureau of Investigations alerted crypto companies that funds associated with North Korean hacker organizations, Lazarus Group and APT38, are on the move. The FBI said that roughly 1,580 Bitcoin (BTC), roughly $40 million at today’s price, linked to the North Korean cyber criminals were moved over the past 24 hours. Authorities believe that the state-affiliated groups “may…

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GenZ in South Korea prefer XRP and other altcoins to BTC and ETH: Report
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GenZ in South Korea prefer XRP and other altcoins to BTC and ETH: Report

GenZ cryptocurrency investors in South Korea are reportedly more keen to invest in altcoins, specifically Ripple (XRP) than Bitcoin (BTC) and Ethereum (ETH), according to a local South Korean news outlet. News1 Korea analyzed data from the crypto exchange Bithumb’s investment data from the first half of the year, particularly keying in on investment propensity by age. It found that…

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