Hawk Tuah memecoin dumps 90% amid backlash over controversial launch
Haliey Welch’s memecoin HAWK has plunged 90% since its launch, though Welch has denied any insider sales from herself or her team.
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Dubai state-owned bank Emirates NBD debuts crypto trading on Liv X app
One of the largest banking groups in the region, Dubai-state-run Emirates NBD, offers crypto trading services in collaboration with Aquanow and Zodia Custody. 470 Total views 1 Total shares Emirates NBD, a Dubai government-owned bank, is offering new cryptocurrency services through its digital bank subsidiary Liv. Liv bank has enabled its customers to buy, hold

DOJ cracks down on ‘rug pulls’, charging Frosties NFT project founders
“You can’t solicit funds for a business opportunity, abandon that business and abscond with money investors provided you,” stressed IRS-CI Special Agent-in-Charge Thomas Fattorusso. 307 Total views 22 Total shares The Department of Justice (DOJ) has taken action against an alleged NFT rug pull, after it slapped the founders of the Frosties project with charges…

Amazon seeks new exec to oversee digital currency strategy
The new Amazon position requires a deep understanding of the digital currency and cryptocurrency ecosystems and related technologies. 569 Total views 3 Total shares Tech giant Amazon is looking to dive into digital currency and blockchain development with a new major hire within its payments-focused team.Amazon’s payments acceptance and experience team is seeking a digital…

Texas Regulator Issues Cease and Desist Order to Crypto Investment Firm FxBitGlobe
An official notice from Texas State Securities Board, dated April 9, shows that the regulator has issued an emergency cease and desist order against cryptocurrency and foreign currency trading platform FxBitGlobe.According to the order, the firm, which markets itself as an investment company, reportedly published forged government documents, used a fake address and falsely claimed…

Pandemic has accelerated the rollout of CBDCs by 5 years, says blockchain firm
"There is also no doubt in our mind that a major central bank will soon launch a digital currency and we expect this to happen within the next three years," said Guardtime. 289 Total views 3 Total shares Research from European blockchain company Guardtime suggests that the current pandemic may have accelerated the launch of…

Tributes and conspiracy theories swirl in wake of John McAfee’s death
The reported suicide of notorious tax fugitive, Bitcoin proponent, and antivirus software pioneer, John McAfee, has prompted an outpouring of tributes and conspiracy theories today.After years of evading U.S. taxes and authorities, a Spanish court had ordered McAfee’s extradition just hours before he was found dead, with the 75-year-old expected to face a life sentence…

OpenAI preps release of open source AI model: Report
The firm behind ChatGPT is seemingly under pressure from other available open-source AI models and is prepping to enter the space with one of its own. 327 Total views 7 Total shares An open-source artificial intelligence (AI) model is reportedly being prepared for public release by OpenAI, the firm behind the AI chatbot ChatGPT.In a…

‘Off the charts’: Zynga blockchain exec praises P2E gaming talent
Blockchain and the play-to-earn gaming movement could become even more addictive in 2022 as popular game developer Zynga fleshes out its team. 565 Total views 29 Total shares Hot off the news that the FarmVille and Words With Friends developer Zynga will release the first nonfungible token game this year, Zynga’s blockchain gaming aspirations are taking…