ApeExpress Launches on ApeChain: $BORED Reaches $22 Million Market Cap Shortly After Debut

2 mins read

ApeExpress has officially launched on ApeChain, offering a streamlined platform for users to create and deploy tokens quickly, tapping into meme culture and emerging trends. This new service allows anyone to launch tokens with ease, enhancing accessibility within the Yuga Labs ecosystem. $BORED Among Top Tokens Launched on ApeExpress One of the first tokens to debut on ApeExpress, $BORED has gained significant traction. Initially priced at $0.002, $BORED experienced rapid

US regulators just shut down a bank in Oklahoma

1 min read

In a significant move, financial regulators have closed the First National Bank of Lindsay in Oklahoma, marking the second bank failure in the U.S. this year. The Office of the Comptroller of the Currency (OCC) took this action after uncovering misleading bank records and signs of fraud that had severely impacted the bank’s financial stability. The OCC determined that the bank was not in a sound condition to operate, revealing

Coinbase launches a $6M fund to support NFT projects against SEC scrutiny

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Coinbase’s political advocacy group, Stand With Crypto, has established the Creator Legal Defense Fund to promote non-fungible token (NFT) initiatives. The $6 million fund, funded by venture capital firm a16z and NFT marketplace OpenSea, is in reaction to increased regulatory scrutiny, including a Wells notice issued to OpenSea by the US Securities and Exchange Commission. The fund’s goal is to defend the crypto community and urge creators to resist “misguided

Blockchain Life 2024 in Dubai: Top Companies and Key Industry Figures Gather in the World Crypto Capital

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On October 22-23, Dubai will host the 13th international forum Blockchain Life 2024 – one of the largest global events in the field of web3, cryptocurrencies, and mining. The forum will feature over 10,000 leading experts, crypto entrepreneurs, and enthusiasts from 120 countries. Participants and speakers will discuss earning strategies, current issues of crypto market development and new trends ahead of the bull cycle. Among the speakers at the forum:

The US SEC approves the first-ever Ethereum ETF, marking a major milestone

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The Securities and Exchange Commission (SEC) has approved the inaugural Ethereum Exchange-Traded Fund (ETF), representing a noteworthy achievement for both Ethereum and the cryptocurrency sector. This clearance signifies the increasing recognition and endorsement by institutions, enabling investors to participate in Ethereum directly through a regulated financial product. Companies such as 21Shares, Bitwise Asset Management Inc., BlackRock Inc., Invesco Ltd., Franklin Templeton, Fidelity Investments, and VanEck are anticipated to take part

A judge allows a class-action lawsuit against DraftKings over its NFTs to proceed

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A federal judge in the United States has denied DraftKings’ request to dismiss a class-action complaint brought by purchasers of the company’s Non-Fungible Tokens (NFTs). The lawsuit alleges that DraftKings, together with its CEO, CFO, and president, have engaged in the sale of NFTs that should be classified as unregistered securities, so contravening federal securities laws. Justin Dufoe initiated the legal action in March 2023, contending that DraftKings’ NFTs meet

Digital collectibles on Bitcoin (BTC) reaches a milestone of over $4 billion

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Digital collectibles on Bitcoin reached a milestone despite a 54% drop in non-fungible token (NFT) sales in May. On June 4, NFT data tracker CryptoSlam reported an all-time high of over $4 billion in Bitcoin blockchain NFT sales. It comprised $3.97 billion in NFTs and $82 million in wash sales. The greatest 30-day sales volume of blockchain-based NFTs was $171 million for Bitcoin. Ethereum was next with $159 million, then

Transak Enables Fiat Purchases on VeChain’s NFT Marketplace Service, Supports Gresini Racing’s First Collection

3 mins read

Miami, Florida, April 29th, 2024 Transak’s NFT Checkout has made its way on VeChain’s Marketplace-as-a-Service (MaaS) (MaaS) platform. The partnership and consequent integration opened fiat-to-NFT purchases for the platform in over 160 countries and at a low purchasing limit of just $0.01 — an industry first rate. On the heels of the partnership, Gresini Racing offered the team’s NFTs on the platform, as a part of its collaboration with Transak. The partnership with Transak ensures the most

Adidas remains committed to the metaverse, launching NFTs as others exit

1 min read

Amidst the waning enthusiasm for NFTs and the metaverse, many firms have chosen to withdraw, with prominent individuals either leaving or redirecting their attention elsewhere. However, Adidas has chosen to stay. The compay has collaborated with the STEPN program, which allows users to earn rewards by being physically active, to introduce 1,000 non-fungible tokens (NFTs) that symbolize Adidas footwear on the Solana blockchain. The digital assets necessary for STEPN’s activities

GoMining to Introduce Updated In-Platform Voting Mechanics

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Road Town, Tortola, British Virgin Islands, March 27th, 2024 GoMining, a world-leading firm widely recognized for its groundbreaking concept of seamlessly mining Bitcoin via the ownership of NFTs backed by computing power, is pleased to announce the introduction of an updated community-driven in-platform voting system. From now on, every community member will have the opportunity to influence platform development by submitting ideas and participating in a decentralized voting process to

Funtico Launches Exclusive Whitelist for Summoners NFT Sale

5 mins read

Gibraltar, Gibraltar, February 27th, 2024 The new gaming platform Funtico is thrilled to announce the launch of its whitelist for its first exclusive Summoners Collection NFT sale. In addition to providing access to the Summoner Collection, whitelist spots offer some big benefits on the horizon as the Funtico platform barrels full speed ahead to launch. Users can join the exclusive whitelist campaign starting February 27, 2024, here. Participants will have the chance to

Saakuru Labs Empowers Prabowo-Gibran Presidential Campaign with Blockchain and NFT Technologies

3 mins read

Jakarta, Indonesia, February 6th, 2024 In an unprecedented move, Saakuru Labs (formerly known as AAG), leading innovators in the Web3 infrastructure sector, has teamed up with Relawan Konco Kulo Gibran, as an appointed tech partner by Prabowo-Gibran presidential campaign in Indonesia for the election campaign, slated to happen on February 14th, 2024. This collaboration marks the first-ever use of Blockchain and NFT-based gamified Presidential Election Campaign globally, with the youngest-ever vice-presidential candidate in Indonesian history,