Major cryptocurrency exchange Binance announced it will cease support for all Binance USD (BUSD) products starting on Dec. 15 following Paxos halting the minting of new coins. In a Nov. 29 notice, Binance said users should withdraw or convert their existing BUSD on the exchange into other assets before Dec. 15. Starting Dec. 31, Binance will disable withdrawals for BUSD.…
Month: November 2023
PlayStation Plus: Latest Free PS5 Games to Download
Sony’s PlayStation Plus subscription service offers various benefits for PlayStation 5 and PlayStation 4 gamers, including online play and access to a library of past games at certain membership tiers. And all subscribers—from the Essential plan and up—get a few free games to download and keep each and every month. If you’re looking for the latest list of games that…
Estonian court nixes extradition of accused crypto scammers to US
Ivan Turogin and Sergei Potapenko, co-founders of Bitcoin cloud miner HashFlare, have successfully appealed their extradition from Estonia to the United States, where the two face 18 counts of fraud and money laundering. The Tallinn Circuit Court overturned a lower court’s order on Nov. 29, according to a local press report. According to the United States Justice Department, HashFlare, which…
US Deputy Treasury Secretary calls for additional tools to sanction crypto firms
Wally Adeyemo, Deputy Secretary of the United States Treasury, said his department is looking into new sanctions tools to pursue bad actors in the crypto space, citing a recent settlement with Binance. In prepared remarks for the Blockchain Association’s Policy Summit on Nov. 29, Adeyemo said the U.S. Treasury had called on Congress to allow sanctions in which an entity…
Crypto Sponsorships Are Back? University of Miami Strikes Deal With Helium Mobile
Helium Mobile, a wireless phone service built on the decentralized, crypto-powered Helium network, has been named the Official Wireless Sponsor of University of Miami Athletics, the company and school announced Wednesday. As part of the collaboration, Helium Mobile will host promotions and fan experiences at Miami Hurricanes home games across sports, including as yet unannounced deals for students. The sponsorship…
Another Bitcoin ETF Hopeful Enters the Race
Swiss digital asset manager Pando Asset AG today filed an application with the SEC to offer a spot Bitcoin ETF in the U.S. The Pando Asset Spot Bitcoin Trust would offer investors shares backed by Bitcoin with Bank of New York Mellon as the administrator and Coinbase Custody as the fund’s custodian. A genuine Bitcoin ETF, one that directly tracks…
Square Enix auction dates, Azuki DAO rebrands to Bean: Nifty Newsletter
In this week’s newsletter, read about footballer Cristiano Ronaldo facing a lawsuit after promoting nonfungible tokens (NFTs) tied to crypto exchange Binance, and find out how an NFT collector thwarted a hacking attempt by a person impersonating a journalist. In other news, Azuki DAO is rebranding to Bean, game developer Square Enix announces an NFT collection, and one user claimed…
Former British Chancellor’s crypto firm Copper launches tokenized securities platform
London-based crypto trading firm Copper plans to start offering tokenized securities early next year, according to reports on Nov. 29. Under the leadership of former British Chancellor Phillip Hammond, the company expects to capitalize on institutional investors’ demand. The service is expected to be first rolled out in Abu Dhabi, United Arab Emirates, by its new arm in the country,…
You Can Soon Play Grand Theft Auto Games on Netflix—Here’s How
Surprise! Three Grand Theft Auto games are coming to Netflix after all. After reports swirled online last month, Netflix has announced that mobile versions of Grand Theft Auto 3, Grand Theft Auto: Vice City, and Grand Theft Auto: San Andreas are being added to the streaming service’s growing gaming offerings for paying subscribers. The trio of GTA games will go…
NFT sales and pricing are driven by luck, scarcity, and optimism, according to multiple studies
A trio of studies published in November may shine some light on the social and psychological factors that motivate movement in the non-fungible token (NFT) market. Researchers from Western University in Canada, Tilburg University in the Netherlands, the University of North Carolina at Chapel Hill in the U.S., and Rennes School of Business in France, across three independent studies, found…