Blockchain gaming franchise Illuvium revealed a collaboration this week with Casio’s G-Shock watch brand to release a collection of NFT cards. This collection will be used in the Illuvium Beyond card collection game. Illuvium Beyond is not to be confused with the other three illuvium games that launched this year. This is branded as a collectible card game with a…
Month: December 2024
Grayscale Files to Convert Solana Trust into ETF on NYSE Arca
Grayscale Investments has filed a proposal with the U.S. Securities and Exchange Commission to convert its Grayscale Solana Trust (GSOL) into a spot exchange-traded fund listed on NYSE Arca. The move aims to improve investor access to Solana (SOL) by allowing shares of the trust to trade as an ETF on a regulated exchange, according to a 19b-4 document submitted…
Meme Coins in the Crosshairs: US Government Moves 54 Billion SHIB
On Tuesday, the U.S. government once again shifted some cryptocurrency holdings—this time, it was shiba inu (SHIB), the popular meme coin. Crypto Mystery: U.S. Marshals Service Wallet Hoards SHIB, ETH, and BUSD The government moved a staggering 54 billion SHIB on Dec. 3, a transfer flagged by Arkham Intelligence. Valued at $1.56 million based on […] Source: https://news.bitcoin.com/meme-coins-in-the-crosshairs-us-government-moves-54-billion-shib/
‘Nifty Island’ Reveals Token Launch Date After Play-to-Airdrop Push
Nifty Island, an Ethereum-based metaverse gaming platform, announced that its ISLAND token launch will take place on December 17. The project recently concluded its play-to-airdrop campaign, a nine-month program that allowed Nifty Island users to collect rewards in anticipation of the eventual ISLAND token rollout. Users from the play-to-airdrop campaign will share 12.5% of the ISLAND token supply, an increase…
Alex Mashinsky Pleads Guilty to Fraud in Celsius Collapse Scandal
Former Celsius CEO Alex Mashinsky pleaded guilty to commodities fraud and a fraudulent scheme to manipulate the price of Celsius’s native token, facing up to 20 years in prison. Arrested in 2023, Mashinsky was accused of defrauding customers by misrepresenting Celsius’s financial health to secure crypto deposits and sustain the platform’s services. Celsius, a crypto […] Source: https://news.bitcoin.com/alex-mashinsky-pleads-guilty-to-fraud-in-celsius-collapse-scandal/
Grayscale files for spot Solana ETF with SEC
Grayscale joins 21Shares, Canary Capital, VanEck and Bitwise as the other ETF issuers looking to win the SEC’s approval. Source: https://cointelegraph.com/news/grayscale-files-spot-solana-etf-sec?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Virgin Voyages Introduces ‘Industry-First’ Bitcoin-Payment Option for Cruises
Virgin Voyages has unveiled its Annual Pass, a bold first in the cruising world that allows cryptocurrency payments, including bitcoin (BTC). This offering brings a fresh twist to travel payments and aligns with the company’s forward-thinking ethos. All Aboard! Virgin Voyages Accepts Bitcoin for Luxe $120K Annual Cruise Pass The Annual Pass opens the door […] Source: https://news.bitcoin.com/virgin-voyages-introduces-industry-first-bitcoin-payment-option-for-cruises/
Celsius Founder Alex Mashinsky Will Plead Guilty to Fraud Charges: Reuters
Alex Mashinsky, the founder and former CEO of collapsed crypto lender Celsius, will plead guilty to U.S. federal fraud charges, Reuters reported Tuesday. Mashinsky reportedly said in a court hearing that he would plead guilty to two of the seven fraud counts levied against him: commodities fraud and conspiring to manipulate the price of the firm’s CEL token. The disgraced…
Bitcoin miner Foundry lays off staff amid restructuring
Foundry let go of 16% of US staff as part of a broader restructuring that includes spinning out its self-mining business. Source: https://cointelegraph.com/news/bitcoin-miner-foundry-layoffs-restructuring?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Dogecoin, Pepe and Other Top Meme Coins Fall as Focus Shifts to XRP
Top meme coins by market capitalization have taken most of the brunt stemming from Monday’s moderate sell-off, while XRP and Hedera (HBAR) continue to defy expectations. Dogecoin (DOGE) has fallen 8% on the day to $0.42 after climbing to a 24-hour high above $0.45. The seminal meme coin is riding on the eventual creation of a department of government efficiency—to…