A union representing the National Football League’s athletes sued DraftKings on Monday, accusing the sports gaming giant of reneging payments tied to a “losing bet” on the NFT space. The lawsuit, filed by the National Football League Players Association (NFLPA) in New York federal court, accuses DraftKings of violating the terms of a licensing agreement, which provided DraftKings the rights…
A Solana meme coin dev created a token on Pump.fun and airdropped 20% of the supply to 10 Crypto Twitter influencers. But within just a couple of days, most influencers dumped what they’d been sent. The project branded itself as the “biggest social experiment on Solana,” airdropping approximately $10,000 worth of its CABAL token to notable figures in the scene. …
Previously, Hong Kong crypto buyers worth less than $1 million only had Bitcoin and Ether to choose from. Source: https://cointelegraph.com/news/hong-kong-crypto-retail-avalanche-chainlink-listing?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
FOMO HOUR 189 – TRUMP LAUNCHES MORE NFTS BTC ETFs: -$127m, ETH ETFs: -$3m. BTC hits $58k after ETF outflows, then bounces. BTC sees largest exchange outflow in a year. Divergence between BTC & stocks grows. TON stops producing blocks briefly, price bounces. TON outage linked to DOGS launch. Maker DAO rebrands as Sky. USDS upgrade from DAI will have…
Binance CEO Richard Teng has said that Tigran Gambaryan, a former U.S. federal agent working for Binance, has been unjustly detained in Nigeria for six months. Teng reiterated claims that Gambaryan’s physical and mental health has deteriorated significantly while in detention. The CEO criticized the Nigerian government’s justification for detaining Tigran as baseless. He also […] Source: https://news.bitcoin.com/binance-ceo-calls-nigerias-detention-of-tigran-gambaryan-unjust/
After his arrest on Aug. 25, French prosecutors said they had indicted Pavel Durov with criminal charges related to his role at Telegram. Source: https://cointelegraph.com/news/telegram-ceo-pavel-durov-france-court?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Binance CEO Richard Teng dismissed allegations of widespread asset seizures targeting Palestinian users Wednesday, stating that the crypto exchange has only clamped down on accounts in the region at the behest of Israeli armed forces under specific circumstances. “Only a limited number of user accounts, linked to illicit funds, were blocked from transacting,” Teng said on Twitter (aka X). “As…
It’s unclear whether the SEC will pursue an enforcement action against the OpenSea marketplace, but its CEO alleged regulators “believe NFTs on our platform are securities.” Source: https://cointelegraph.com/news/crypto-industry-leaders-opensea-sec-wells-notice?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The Open Network—the Telegram-linked blockchain behind Toncoin (TON), the 10th largest cryptocurrency by market cap—is down for the second time in 24 hours, failing to produce blocks for over three hours as of this writing. And the trouble is being blamed on a meme coin. Dogs (DOGS), a new cryptocurrency minted on TON, is popular—and is now in the top…
Federal Reserve chairman Jerome Powell confirmed last week that the central bank’s long-awaited pivot is just around the corner. But is this actually bullish for Bitcoin? Conventional wisdom says yes, but BitMEX co-founder Arthur Hayes—a near perennial Bitcoin bull—says it’s more complicated than that. “We are forgetting that these future anticipated rate cuts by the Fed, Bank of England, and…
