Renowned blockchain sleuth ZachXBT recently pointed a finger at the NFT venture, Pixel Penguin, accusing it of operating a ‘charity rug pull’. The project garnered considerable notice when Andrew Wang, a notable Web3 influencer, suggested the initiative aimed to support a cancer-stricken woman, named Sara. Today @andr3w supported a charity project rug by @hopeexist1 someone…
MultiversX, formerly Elrond, has joined forces with Opera Desktop to facilitate access to its state-of-the-art blockchain technology via desktop and mobile browsing platforms. This strategic alliance aims to simplify onboarding, bolster mass adoption, and provide a unique platform for interaction with the metaverse-oriented blockchain of MultiversX. Revamping Web Browsing: MultiversX’s Integration into Opera MultiversX’s seamless…
Franklin Templeton, one of the leading asset management companies in the world has filed for a crypto fund with the U.S. regulator, SEC. This fund is focused on institutional investors and it will be named Franklin Templeton Blockchain Fund II. This is not the only crypto fund that the company has in its basket. The…
The French automobile company Renault has announced the release of its second NFT collection, RACING SHOE5. It combines one-of-a-kind sneakers inspired by the classic first-generation R5 Turbo models and their digital counterparts as 3D NFT art registered on the blockchain. The release was followed by the successful launch of its first R5 NFT collection last…
ONE Championship, the world’s largest martial arts organization, has partnered with Animoca Brands and Notre Game to develop innovative mixed martial art (MMA) mobile game that is set to launch in 2024. The game, dubbed “ONE Fight Arena,” will leverage blockchain technology and NFTs to create a unique and immersive gaming experience for MMA enthusiasts…
The world of blockchain and cryptocurrency is taking a giant leap forward in the Lone Star State. On Thursday, April 20th, the Texas House of Representatives passed a bill that would allow for the use of Proof-of-Reserve (PoR) technology in financial transactions. This groundbreaking legislation marks an important milestone for the industry and could pave…
Sportswear giant Adidas has revealed the first chapter of its much-anticipated ALTS Dynamic NFT collection. This project marks the final phase of its Into the Metaverse initiative, which explores the intersection of fashion, gaming, and non-fungible tokens (NFTs). According to the company, the ALTS Dynamic NFTs will enable players to showcase their unique style and…
The decentralized finance (DeFi) exchange project Terraport Finance announced a security breach on its liquidity wallet on April 10. The hacker reportedly drained all liquidity pools from the platform, causing losses of approximately $2 million worth of digital assets. Terraport is currently working with community members and major exchanges to secure as many of the…
Stefan Matthews, the co-founder and executive chairman of nChain Group, is creating a stir in the cryptocurrency community with his ambitions to use BSV blockchain technology to digitize the Philippine government. Matthews disclosed his plans for cryptocurrency adoption in an interview with CoinGeek and addressed them to the Filipino government. The BSV blockchain has a…
A devastating mistake has landed an NFT owner in hot water. The proud owner of a CryptoPunk, which he had just purchased for an impressive 77 ETH ($123,434), destroyed this by accident while attempting to wrap it and borrow against its value. The tragedy happened when the owner followed unclear instructions, causing him to send…
