Two of Samourai Wallet’s co-founders were recently taken into custody by the U.S. Justice Department (DOJ) and other law enforcement groups due to allegations of money laundering. The CEO of Samourai Wallet, Keonne Rodriguez, and its CTO, William Hill, are charged with conspiring to commit money laundering, carrying a maximum penalty of 20 years in … Read more
Manchester City Football Club, part of England’s Premier League, is teaming up with Quidd, a subsidiary of Animoca Brands, for several years, to create and introduce digital collectibles along with fresh promotions and unique fan interactions. Quidd will produce and unveil exclusive digital merchandise, such as collectible cards, granting access to genuine world activities. In … Read more
The co-founder of Terraform Labs, Do Kwon, faces ongoing legal issues as his lawyers have reportedly filed an appeal against a court ruling regarding his potential extradition to either the US or South Korea. This was initially requested by Montenegro’s justice minister. Based on a report from Vijesti, published on April 23, Kwon’s lawyers have … Read more
This week’s newsletter brings some exciting updates from the NFT world. Magic Eden, an NFT platform, took the lead over Blur in trading volume during March. Furthermore, Yuga Labs announced plans to sell two of their NFT games. Elsewhere, Manchester City football supporters have a chance to own limited-edition jerseys through NFTs. Lastly, a former … Read more
The recent surge in Bitcoin (BTC) prices to a new record high and the subsequent stabilization indicates that investors are not panicking to sell, as they believe in further price growth. As reported in a Reddit post by Santiment, this upward trend has been fueled by large Bitcoin holders, specifically those with 1,000 to 10,000 … Read more
Following the historic earning gains from Bitcoin (BTC) halving, miners encounter a new challenge: a heightened network hash rate leading to reduced revenues and profitability. The price a miner gets for completing one hash operation, referred to as the hash rate, has hit its lowest point since October 2023, based on data from crypto analysis … Read more