The issuance of the Wells Notice to CyberKongz by the U.S. Securities and Exchange Commission (SEC) has rocked the Web3 gaming community. This document not only serves as an official warning that enforcement actions are on the horizon, but it also signifies a pivotal moment in the evolution of Non-Fungible Tokens (NFTs). As the NFT
Gains
In the rapidly evolving world of cryptocurrency and blockchain technology, stories of transformation resonate deeply. One such story is that of Samuel Edyme, fondly known by his moniker, HIM-buktu. His trajectory from novice to a respected voice in the Web3 sphere serves as both an inspiration and cautionary tale. Edyme’s journey commenced not with a
The world of cryptocurrency is notorious for its volatility, but recent developments surrounding meme coins have displayed an exceptionally dramatic tableau. A notable incident involved a whale transaction of the PEPE token. After a prolonged dormancy of over 600 days, a significant holder transferred a staggering 2.1 trillion PEPE tokens, equivalent to $52 million, to
Ethereum, the second-largest cryptocurrency by market capitalization, finds itself in a pivotal position as it inches closer to a historically significant resistance level at $4,100. This price point has long been a formidable barrier, creating a sense of trepidation among crypto traders and investors alike. However, recent price movements suggest a shift in sentiment, characterized
In the ever-evolving landscape of social media fame and cryptocurrency, the saga of Mark Longo—or as he is affectionately known, Squirrel Dad—stands out as a remarkable intersection of animal rights advocacy and the booming crypto market. Longo recently escalated a conflict with Binance, a leading cryptocurrency exchange, claiming unauthorized appropriation of his intellectual property. At
Bitcoin has reached an extraordinary peak, shattering its previous records with a new all-time high of $106.5K. This surge is particularly remarkable within the 16-year story of Bitcoin, signaling not just a strategic increase in value but also reflecting a shift in the market dynamics surrounding cryptocurrencies. Over the course of 2023 alone, Bitcoin’s price
A few years ago, Non-Fungible Tokens (NFTs) were largely misunderstood, often dismissed as mere digital novelties within niche communities. Originating primarily in the realm of digital art, NFTs quickly gained traction, culminating in overwhelming media hype during 2021 and 2022. Fast forward to today, and NFTs are making waves as the digital marketplace evolves, echoing
The world of cryptocurrency has always been rife with competition and innovation, but recent events have drawn attention to the fragile balance between market dominance and fair play. The recent lawsuit filed by BiT Global against Coinbase, one of the largest and most recognizable cryptocurrency exchanges in the United States, serves as a critical flashpoint
Italy’s government is currently navigating a contentious debate surrounding proposed tax increases on cryptocurrency capital gains. Initially, lawmakers put forward an ambitious plan to escalate the tax from 26% to a striking 42%, positioned as part of their 2025 budget strategy. This move aimed to secure an influx of revenue but encountered considerable backlash from
Tether’s USDT has long been a cornerstone of the cryptocurrency market, and a recent shift highlights Ethereum’s growing prominence in the stablecoin landscape. Classically dominated by Tron, Tether’s issuance of $20 billion USDT on the Ethereum network over the last month not only signals a dramatic transition but also sets the tone for a new