Kim Kardashian's lawyers have filed a joint motion to dismiss a class-action lawsuit against her alleging she was promoting the EthereumMax pump and dump scheme. Her lawyers claim that users whom purchased those tokens never viewed her Instagram shill posts for it, nor was she compensated for it either. In addition to her, 8 other Americans in the suit, including Floyd Mayweather, have also filed motions to dismiss the lawsuit as well. It's understandable that these celebs/business ...

Kim Kardashian's lawyers have filed a joint motion to dismiss a class-action lawsuit against her alleging she was promoting the EthereumMax pump and dump scheme. Her lawyers claim that users whom purchased those tokens never viewed her Instagram shill posts for it, nor was she compensated for it either. In addition to her, 8 other Americans in the suit, including Floyd Mayweather, have also filed motions to dismiss the lawsuit as well. It's understandable that these celebs/business ...

I'm sure everyone has noticed that ETH has been going up and up for almost a week now. My anxiety has been high because the goal is to buy as low as possible. So did I miss the train? NO (just my opinion)! Here are the reasons why I believe that this is just a pump and dump:Macroeconomic reasons - There is nothing positive happening in the world right now that should indicate a market upturn. War and recession are still keeping TradFi markets down, so why should the crypto market be up? ...

I'm sure everyone has noticed that ETH has been going up and up for almost a week now. My anxiety has been high because the goal is to buy as low as possible. So did I miss the train? NO (just my opinion)! Here are the reasons why I believe that this is just a pump and dump:Macroeconomic reasons - There is nothing positive happening in the world right now that should indicate a market upturn. War and recession are still keeping TradFi markets down, so why should the crypto market be up? ...

Chipotle's recent "Buy The Dip" campaign has garnered a lot of attention, as the game allows players to win crypto, DOGE being one of them. However, now there is some unwanted attention from the SEC, which is now investigating Chipotle for involving themselves in crypto "securities" trading. Recently, it seems that the SEC attack on XRP (Ripple) might not continue for much longer, but they are setting their sights on every crypto case possible to save face. First off all, they should be ...

Chipotle's recent "Buy The Dip" campaign has garnered a lot of attention, as the game allows players to win crypto, DOGE being one of them. However, now there is some unwanted attention from the SEC, which is now investigating Chipotle for involving themselves in crypto "securities" trading. Recently, it seems that the SEC attack on XRP (Ripple) might not continue for much longer, but they are setting their sights on every crypto case possible to save face. First off all, they should be ...

In the wake of popular centralized financial services in crypto falling, such as Celsius and Voyager, Coinbase came on record to state they are far from insolvency. However, market factors did cause some volatile times for the crypto giant, and they went through a round of layoffs about 6 weeks ago. Now, it looks like a big insider trading scheme has caused some of the biggest investors, including Cathie Woods to drop their stock before the SEC investigation causes more bleeding of their stoc...

In the wake of popular centralized financial services in crypto falling, such as Celsius and Voyager, Coinbase came on record to state they are far from insolvency. However, market factors did cause some volatile times for the crypto giant, and they went through a round of layoffs about 6 weeks ago. Now, it looks like a big insider trading scheme has caused some of the biggest investors, including Cathie Woods to drop their stock before the SEC investigation causes more bleeding of their stoc...

In an already bloated NFT market, Tencent has decided to shutter one of their two NFT marketplaces, amid low sales and strict regulations. However, reports state their 2nd marketplace is also struggling to stay afloat. Apparently in China, NFT purchasers are prohibited from selling in private transactions afterwards. This trend follows social media giants Weibo and WeChat in removing any links to NFTs in recent months. Alibaba had also unveiled an NFT marketplace, but reversed course very qui...

In an already bloated NFT market, Tencent has decided to shutter one of their two NFT marketplaces, amid low sales and strict regulations. However, reports state their 2nd marketplace is also struggling to stay afloat. Apparently in China, NFT purchasers are prohibited from selling in private transactions afterwards. This trend follows social media giants Weibo and WeChat in removing any links to NFTs in recent months. Alibaba had also unveiled an NFT marketplace, but reversed course very qui...

A lower-tiered Brazilian soccer team made their first signing using cryptocurrency with an Argentinian player. The transfer of midfielder Giuliano Galoppo from Banfield’s Athletic Club to Sao Paulo Futebol Clube was made in USD Coin (USDC), ranging from $6 to $8 mil, against the highly volatile Argentinian peso. The reported exchange gap between pesos and USD keeps getting worse, affecting the possibility for football players to get signed by international teams. The cases for using crypto ju...

A lower-tiered Brazilian soccer team made their first signing using cryptocurrency with an Argentinian player. The transfer of midfielder Giuliano Galoppo from Banfield’s Athletic Club to Sao Paulo Futebol Clube was made in USD Coin (USDC), ranging from $6 to $8 mil, against the highly volatile Argentinian peso. The reported exchange gap between pesos and USD keeps getting worse, affecting the possibility for football players to get signed by international teams. The cases for using crypto ju...

Over the past 2 weeks, Ethereum Classic has been picking up speed as Ethereum is transitioning to Proof-of-Stake. As of now, it's ~65% up over the last week. Why? Current Proof-of-Stake miners are believing their new home will be ETH Classic, as there are no plans to transition to POS there. Also with an endorsement from Vitalik himself, price for the token has skyrocketed. I understand that miners desperation as their way of life is coming to an end on Ethereum. However, not sure how mu...

Over the past 2 weeks, Ethereum Classic has been picking up speed as Ethereum is transitioning to Proof-of-Stake. As of now, it's ~65% up over the last week. Why? Current Proof-of-Stake miners are believing their new home will be ETH Classic, as there are no plans to transition to POS there. Also with an endorsement from Vitalik himself, price for the token has skyrocketed. I understand that miners desperation as their way of life is coming to an end on Ethereum. However, not sure how mu...

On Tuesday, the owner of Amazon.eth rebuffed an offer on OpenSea, where it was listed for sale, from an anonymous entity for $1m. It's unclear if the owner decided to ignore the "low" offer or completely missed it before it expired or if the owner participated in a wash trade to inflate the floor price. Personally, I might have taken the $1m and ran. However, I can also see why this purchase didn't go through. When normal TLD domains were available for purchase, some early purchaser...

On Tuesday, the owner of Amazon.eth rebuffed an offer on OpenSea, where it was listed for sale, from an anonymous entity for $1m. It's unclear if the owner decided to ignore the "low" offer or completely missed it before it expired or if the owner participated in a wash trade to inflate the floor price. Personally, I might have taken the $1m and ran. However, I can also see why this purchase didn't go through. When normal TLD domains were available for purchase, some early purchaser...

...Chapter 11 that is. In a move that was seen a mile away, embattled centralized finance outfit Celsius made it aware to regulators their plans to file for bankruptcy in order to reorganize their debts and assets. According to an email sent out to customers late yesterday, they explain (poorly) why they paused activities in the first place and how bankruptcy will help them come back "stronger". There isn't much else to say about this. It's probably official that their customers hav...

...Chapter 11 that is. In a move that was seen a mile away, embattled centralized finance outfit Celsius made it aware to regulators their plans to file for bankruptcy in order to reorganize their debts and assets. According to an email sent out to customers late yesterday, they explain (poorly) why they paused activities in the first place and how bankruptcy will help them come back "stronger". There isn't much else to say about this. It's probably official that their customers hav...

The New York Yankees have decided to partner up with NYDIG to partially pay player payrolls (try to say that 10 times fast) with Bitcoin. "For employees of the Yankees and beyond, the opportunity to allocate a small slice of their paycheck to a Bitcoin Savings Plan can be one of the most efficient ways to save bitcoin, and the dollar-cost averaging can smooth out the bumps along the way", NYDIG CMO Kelly Brewster said. On the heels of the UFC also announcing Bitcoin payments to fighters a few...

The New York Yankees have decided to partner up with NYDIG to partially pay player payrolls (try to say that 10 times fast) with Bitcoin. "For employees of the Yankees and beyond, the opportunity to allocate a small slice of their paycheck to a Bitcoin Savings Plan can be one of the most efficient ways to save bitcoin, and the dollar-cost averaging can smooth out the bumps along the way", NYDIG CMO Kelly Brewster said. On the heels of the UFC also announcing Bitcoin payments to fighters a few...

In our next edition of "Another Day, Another Hack", we have two hacks occurring in the last few days: Nomad, a cross-chain bridge that was exploited via a security hole for $190m in a "free-for-all" attack, and a major Solana wallet hack that has drained $8m+ as of now. Within the Nomad hack, it looks to be a security configuration error that allowed users to replicate existing transaction blocks, causing the blockchain to allow unauthorized debits. As for the Solana wallet hack, the key theo...

In our next edition of "Another Day, Another Hack", we have two hacks occurring in the last few days: Nomad, a cross-chain bridge that was exploited via a security hole for $190m in a "free-for-all" attack, and a major Solana wallet hack that has drained $8m+ as of now. Within the Nomad hack, it looks to be a security configuration error that allowed users to replicate existing transaction blocks, causing the blockchain to allow unauthorized debits. As for the Solana wallet hack, the key theo...

Square Enix, the makers behind the wildly popular Final Fantasy series, are teaming up with NFT platform Enjin to bring digital collectibles in sync with planned physical collectibles. The physical collectibles are slated to be released first, and each one will have a unique code to collect the digital counterparts in 2023. In line with Square Enix's investments into Web3 gaming, this strategy fits into their foray into the NFT world. As a Final Fantasy nerd and Final Fantasy 7 being my ...

Square Enix, the makers behind the wildly popular Final Fantasy series, are teaming up with NFT platform Enjin to bring digital collectibles in sync with planned physical collectibles. The physical collectibles are slated to be released first, and each one will have a unique code to collect the digital counterparts in 2023. In line with Square Enix's investments into Web3 gaming, this strategy fits into their foray into the NFT world. As a Final Fantasy nerd and Final Fantasy 7 being my ...