News
OpenAI CEO in ‘advanced talks’ for $100M Worldcoin funding: Report
“Existing and new investors” will contribute to the $100 million, according to someone familiar with the situation. OpenAI boss Sam Altman is reportedly in “advanced talks” of securing $100 million funding for Worldcoin, a project aimed at creating a collectively...
BTC miner Rhodium faces lawsuit over an alleged $26M in unpaid fees: Report
Crypto mining firm Riot Platforms seeks to terminate “certain hosting agreements” with Rhodium and requests exemption from any owed power credits to the counterparty. Crypto mining firm Riot Platforms – formerly Riot Blockchain – has taken legal action against...
Nifty News: Assassin’s Creed unveils ‘smart collectibles’, MechaFightClub winds down and more ….
NFT game MechaFightClub is shutting down due to the regulatory uncertainty in the U.S., while Yuga Lab’s new CEO has snapped up a BAYC NFT well over the floor price. Assassin’s Creed, one of Ubisoft’s most popular gaming franchises, has announced a series of...
Memecoins are like Powerball for crypto fans: Matrixport exec
For a lucky few, memecoins can provide a “path to wealth,” but for others, they’re simply a “risky gamble,” Matrixport’s Markus Thielen tells Cointelegraph. Memecoin buyers are playing the crypto-equivalent of Powerball — with many “playing” in the hopes of scoring...
Coinbase calls Pepe a ‘hate symbol,’ prompting calls to boycott the exchange
An email newsletter sent out to Coinbase customers on May 10 caused significant backlash from the Pepe community. An email sent out to Coinbase customers describing memecoin Pepe (PEPE) as a “hate symbol” co-opted by alt-right groups has drawn significant ire from the...
Bear market pushes crypto events to cut fluff, prioritize discourse
“Huge DJs” no longer appear at crypto events, instead, attendees are seeing more “well thought out, intelligent questions” being asked. The extended crypto winter has pushed crypto event organizers to tone down on the lavishness, allowing attendees to focus on asking...
‘War on crypto’ — Newly filed letters lambast proposed SEC custody rules
Industry representatives have cast doubt on the legality and impact of the U.S. securities regulator's proposal to expand custody rules. A proposal by the United States securities regulator to tighten rules around crypto custody has been met with opposition from at...
‘Bitcoin is not under attack:’ BTC maxis allay fears of a DoS offensive
Concerns circulated on Crypto Twitter of a denial of service (DoS) attack on the Bitcoin network. A sudden spike in Bitcoin (BTC) transaction fees and unconfirmed transactions sparked concern on Crypto Twitter over the weekend of a potential Denial of Service (DoS)...
Stripe tackles ‘cold start problem’ with the launch of fiat-to-crypto onramp
Web3 companies can utilize the Stripe-hosted fiat-to-crypto onramp to allow their customers to buy crypto at the “precise moment they need it.” Internet payment processor Stripe has introduced a fiat-to-crypto onramp to address the "cold start problem" faced by Web3...
Nifty News: Pudgy Penguins signs with WME, Bitblox to make Web3 gambling games and more….
Palm NFT Studio has also launched a new tool via Epic Games’ Unreal Engine that enables creators to make generative “game-ready” 3D assets and art collections. Blue chip nonfungible token (NFT) project Pudgy Penguins has signed a representation deal with major...