Nine million dollars. Let that sink in. Precisely the amount of capital pouring into the MIND of Pepe presale, an AI-powered meme coin wizardry project. Are investors really imagining what’s possible for the future of finance? Or are they seduced by the lure of easy fortunes, walking a thin edge...
The news is out: Senator Dave McCormick, a Republican from Pennsylvania and a key member of the Senate Banking Committee (and its Subcommittee on Digital Assets), has invested a significant chunk of change – somewhere between $505,000 and $1.1 million – in Bitcoin through the Bitwise Bitcoin ETF. Big deal,...
Meanwhile, FIFA is working on custom blockchain infrastructure to increase the utility of its NFT collectibles. It’s an audacious step, a transformative leap… or a huge doggy doo. While FIFA touts "better performance" and "improved scalability," the real question is: are regulators ready for this, and could their response inadvertently...
We're told NFTs are the future. Digital art, proof of ownership, a revolution in how we interact with… well everything. Let’s just take a second and be real with ourselves. Remove all the jargon and the lingo and the hype about how you’re going to get rich beyond your wildest...
Senator Dave McCormick. The name would confer power and prestige, an all-seeing, all-knowing protector of our economic destiny. Instead, it's sparking a question that chills the blood: are we witnessing the legalized corruption of crypto regulation?McCormick sits on the Senate Banking Committee's digital assets subcommittee, a key player in shaping...
Ubisoft, a titan of the gaming world, is doubling down on Web3 with Might & Magic: Fates. It’s a daring gambit, though, collaborating with Immutable to introduce an NFT-powered card game to the mobile space. While the promise of true digital ownership and a skill-based competitive environment sounds appealing, a...
Nexon’s MapleStory Universe is already taking the industry by storm with its recent Henesys Chain. This sharded Layer 1 blockchain aims to provide gasless transactions and launches permissioned NFT functionality. Built on Avalanche and powered by AvaCloud, it’s an ambitious move, to be sure. Is it really a stroke of...
As such, a class action lawsuit has been filed against Game of Silks. The metaverse game that introduced real-life horse racing to the blockchain was sued for violating the Securities Act of 1933. The Rosen Law Firm, the same firm leading a lawsuit against Game of Silks, argues the company...
