Author: e_cash_top

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[ad_1] Conceptual artist Ryder Ripps tweeted his response and counterclaims to the lawsuit filed against him, and fellow defendant Jeremy Cahen, over trademark infringement of the Bored Ape Yacht Club (BAYC) brand. Ripps highlighted multiple defenses, including “1st amendment protection to unclean hands,” and a rehashing of allegations the BAYC collection is modeled on Nazi…

Brazilians are turning to stablecoins to protect savings from inflation

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in Guides

[ad_1] According to recent market data, 50% of the Brazilian Real (BRL) volumes involve a stablecoin. For anyone needing a positive note to end the year on in crypto, look at its usage in developing economies. Countries like Brazil are turning to stablecoins to peg their savings to USD. 50% of Brazilian Real (BRL) volumes…

China to launch its first regulated NFT marketplace, China Digital Asset Trading Platform, on January 1

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[ad_1] China will launch a regulated platform for trading Non-fungible trading tokens (NFTs) known as China Digital Asset Trading Platform on January 1, 2023, according to local media outlet Sina News. The Chinese Technology Exchange, Art Exhibitions China, and Huban Digital Copyrights Ltd, a private corporation, jointly created the platform to facilitate the exchange of…

Gemini faces lawsuit for violating the U.S. Exchange Act

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[ad_1] Crypto exchange Gemini and its founders, the Winklevoss twins, are facing a class-action lawsuit for allegedly not registering their interest-bearing accounts as securities and thereby violating the U.S. Exchange Act, according to a Tweet by crypto influencer ODELL. The investors filed the lawsuit in the U.S. District Court for the Southern District of New…

Total NFT market cap grows 11,664% in 2 years

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in Guides

[ad_1] Total NFT market cap recorded a growth of 11,664% in two years, increasing to around $10 billion from $85 million on December 2020, according to NFT Valuations data shared by crypto influencer 6529. Source: punk6529 The impressive two-year growth rate was still recorded despite the heavy conditions of the bear market. On late December…

Donald Trump’s NFT’s floor price drops 80% in 10 days

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[ad_1] Former U.S. President Donal Trump’s NFT collection, Trump Digital Trading Cards, lost 80% of its value as the floor fell to 0.16 Ethereum (ETH) from 0.84 ETH ten days ago. Trump Digital Trading Cards Floor Price (via OpenSea) According to OpenSea data, 45,000 NFTs are currently owned by a total of 15,115 owners, which…

Celsius case ‘administrative expenses’ add up to $53M

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[ad_1] Lawyers, advisers, and bankers involved in the Celsius bankruptcy case collectively earned $53 million as administrative expenses in four months, as reported by the Financial Times. Among Celsius’ five advisors, Kirkland & Ellis was billed the most significant amount at $20.1 million. The company served Celsius for 212 days for $166,000 per day. On…

Uniswap V3 was the most used Ethereum contract in 2022

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in Guides

[ad_1] Uniswap V3 has become the most popular Ethereum contract in 2022, ranking first when it comes to total gas used throughout the year. According to data from Dune Analytics, Uniswap V3 used up over 2.8 million gas in 2022. This is more than three times higher than the amount of gas consumed in Uniswap…

Victims seek refund as 3Commas CEO verifies API data leak

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[ad_1] 3Commas CEO Yuriy Sorokin confirmed that a hacker leaked his firm’s API keys in a Dec. 28 Twitter thread. Sorokin said the data published by the hacker was factual. According to him, the platform has reached out to exchanges like Binance, KuCoin, and others to revoke the keys connected to 3commas. Binance CEO Changpeng…

Alameda-related addresses come to live days after SBF’s release

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