Recently, the Instagram account of renowned actor Tom Holland fell victim to a hacking scheme. The hackers took advantage of his massive following of over 7 million followers to push a fraudulent cryptocurrency and NFT project. By impersonating Holland, the attackers announced a fictitious partnership with the well-known crypto exchange Binance, promoting the launch of
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Avalon, the independent Web3 gaming studio, recently made waves in the industry with its successful fundraising round of $10 million. This funding, led by Bitkraft Ventures and Hashed, aims to propel the development of Avalon’s revolutionary blockchain gaming title, Avalon. This massively multiplayer online (MMO) game promises to revolutionize the gaming landscape by empowering players
Dentsu Inc. and Chiru Labs, the creators of the Azuki NFT project, have joined forces to bring forth a groundbreaking anime anthology series titled “Enter The Garden”. This trilogy, directed by the esteemed anime director Goro Taniguchi, known for his remarkable work in “One Piece Film Red” and the “Code Geass” series, is set to
STEPN, the innovative move-and-earn lifestyle app, has recently collaborated with global sportswear giant Adidas to introduce a limited-edition STEPN x Adidas Genesis Sneakers NFT collection. This groundbreaking partnership signifies the start of a long-term collaboration between the two companies, promising more NFT releases and physical wearable items in the pipeline. The Genesis of the Collection
In a surprising turn of events, venture capital funding for Bitcoin startups saw a dramatic increase in 2023, despite an overall decline in venture capital activity. A report from Trammell Venture Partners (TVP) revealed that the number of Bitcoin-native pre-seed deals soared by 360% last year, with the number of funded Bitcoin companies increasing by
ICB Network, established on April 1, 2024, is a cutting-edge Layer-1 Blockchain project that has redefined standards for efficiency, security, and scalability within the blockchain landscape. At the heart of the platform lies the implementation of the Proof of Stake (PoS) consensus mechanism, a departure from traditional Proof of Work (PoW) systems. The effectiveness and
Dapper Labs, a prominent player in the NFT market with projects like NBA Top Shot and CryptoKitties, has recently faced scrutiny from the U.S. Securities and Exchange Commission (SEC). The investigation, although closed in September 2023, has sparked curiosity among many observers about the events that transpired. In this article, we will delve into the
Slothana has quickly emerged as the latest meme sensation on the Solana network, capturing the attention of meme coin enthusiasts who are eagerly stacking Slothana (SLOTH). This 420-friendly token has gained significant traction ahead of Bitcoin’s halving and the international stoner day on April 20. In just three weeks since its initial coin offering (ICO)
Gunzilla Games, a prominent video game developer, recently made a groundbreaking announcement regarding the integration of the GUNZ blockchain into the popular NFT marketplace OpenSea. This strategic move will allow players to trade in-game items for Gunzilla’s highly anticipated first-person battle royale shooter, Off the Grid, along with any future games released on the Avalanche-based
In a recent announcement by the Swedish tax authority, Skatteverket, concerning the Value-Added Tax (VAT) treatment of Non-Fungible Tokens (NFTs), there has been a comprehensive ruling regarding the taxation of these digital assets. The authority specified that the standard 25 percent tax rate applies to NFTs associated with digital works. The ruling highlighted that an