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13-year-old digital artist, Nyla Hayes is fast building a multimillion-dollar empire by selling her artworks as NFTs. Her illustrations depict both everyday women and famous women as having long necks. Nyla has featured prominent women in her pieces like former US First Lady, Michelle Obama and former Associate Justice of the US Supreme Court, Ruth Bader Ginsburg. Her works are on the NFT marketplace Opensea and have recorded sales of thousands of dollars. In March, her “Long Neckie Lady” sold…

Developers of the meme token, "Let's Go Brandon", have been accused of robbing investors via a pump-and-dump scheme.  Eric De Ford, a supposed victim of the scam, filed a lawsuit against the LGB creators for unlawfully manipulating prices. LGB creators allegedly maneuvered prices to their advantage by inciting a price pump, before selling off their assets shortly after. Accusers claim that the defendants walked away with significant profits while leaving other unsuspecting investors in the red. Hence, Ford filed a…

Scammers posing as Azuki creators are taking over verified Twitter handles to promote a fake NFT airdrop. Twitter accounts affected include those belonging to several journalists and media professionals. After hijacking an account, the scammer edits the profile text and images, disguising the handle as one belonging to a  co-creator of Azuki. Afterward, the scammer proceeds to make a tweet promising a “secret airdrop” of Beanz, a collection of 20,000 NFTs that airdropped for free to Azuki holders on March…

F1 Delta Time, an NFT-powered Formula One game, closed up some weeks ago, stripping off the utility value of its domestic NFTs. According to Coinmarketcap, its native token REVV dipped by more than 22% in the last 7 days. F1 Delta Time was a once-famous NFT game featuring tokenized race cars. The racing game which has since dwindled in popularity in the last two years seized operations sometime in March. As a result, the game’s NFT holders now have valueless…

The EU Council has decided to impose another ban on Russia, bringing the total number of sanctions against the Russian Federation to five. Its latest will tighten up previous sanctions on Russian-related wallets. As well as traditional accounts linked to Russia and Belarus. What the New Sanction Entails According to a press release issued by the EU, the current package features five items. The package focuses on coal and fossil fuels, access to EU ports, road transportation, exportation bans, as…

In the past, Bitcoin has followed a few predictable patterns when it has split in half. This argument seems to be true for mid-halving events, like the one taking place this month.  The mid-halving event has been bad for Bitcoin in the past, and it may happen again this time. However, it's important to remember that the short-term price action of Bitcoin will still be hard to figure out.  This article will remind our readers about the halving phenomenon, its…

Clinical psychologist and former professor Jordan Peterson discussed Bitcoin’s societal and philosophical implications at the Bitcoin 2022 Conference on Friday. He compared the story behind the cryptocurrency to a “fairy tale”, and suggested it could separate government from monetary control. A Defence of Free Market Ideals Though Jordan Peterson’s best-selling books and online lectures cover psychology, he’s also an outspoken political voice for classical liberalism. In particular, he is famous for railing against the over-prevalence of Marxist theory within the…

Adam Back – CEO of Blockstream – announced on Friday that his company will construct a $12 million Bitcoin mining facility. The project is a joint effort with Jack Dorsey’s Block and it will leverage renewable energy technology originating from Tesla. A Triple-Threat Bitcoin Partnership Adam Back is one of Bitcoin’s original developers, who many suspect of being Satoshi Nakamoto himself. The CEO is the man behind Hashcash, which is the basis of proof-of-work mining that secures Bitcoin today.   However,…

Strike – a Bitcoin payments company and custodial wallet – has announced multiple partnerships to rapidly expand Bitcoin lightning network adoption. Together with NCR, Shopify, and Blackhawk, the company will enable massive retailers to accept Bitcoin payments. The Open and Global Monetary Standard Speaking at the Bitcoin 2022 Conference in Miami on Thursday, Strike CEO Jack Mallers was welcomed with roaring applause. The entrepreneur expected big things, after announcing Bitcoin as legal tender in El Salvador at last year’s event.…