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2024-05-03

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Source: Stoner Cats / TwitterMajor NFT marketplaces, including OpenSea, Blur, and Rarible, have taken down the Stoner Cats NFT project following charges filed by the United States Securities and Exchange Commission (SEC). The Stoner Cats NFTs, initially sold in 2021, have been available for trading across almost all major NFT trading platforms. However, as of now, OpenSea and Blur no longer display any active listings for Stoner Cats NFTs, while Rarible has removed the project from its site entirely.OpenSea still maintains the project page, but the marketplace has reportedly confirmed that Stoner Cats NFTs can no longer be bought, sold, or transferred through their platform. OpenSea's Community Standards page explains that project pages are kept online even if trading is disabled since the site also serves as a blockchain explorer for NFTs.On Rarible, the Stoner Cats collection has been hidden entirely and is no longer visible to the public. LooksRare and X2Y2 Continue to Support Stoner CatsAlthough the NFTs are no longer listed on Rarible and trading is disabled on OpenSea, they still exist on the blockchain and in the wallets of their holders. Some marketplaces, such as LooksRare and X2Y2, continue to have active Stoner Cats NFT listings.Stoner Cats, co-created by actress Mila Kunis and developed by her Orchard Farm Productions studio, sold Ethereum NFTs that granted access to a six-episode web series featuring animated cats indulging in cannabis-related adventures. The project garnered significant attention due to the involvement of notable celebrities like Ashton Kutcher, Chris Rock, Jane Fonda, Seth McFarlane, and Ethereum founder Vitalik Buterin, who lent their voices to the characters.The primary sale of Stoner Cats NFTs in July 2021 generated over $8 million, and the creators also earned from more than $20 million worth of secondary market sales. SEC Sues Stoner Cats NFT ProjectLast week, the SEC charged the creators of the project Stoner Cats with selling unregistered securities.Subsequently, the creators agreed to a cease-and-desist order and to pay a $1 million civil fine, which will establish a Fair Fund to reimburse investors, though eligibility details are yet to be announced. The creators also agreed to destroy any remaining NFTs in their possession as part of the settlement.Following the SEC charges, the sales and prices of Stoner Cats NFTs experienced a surge, with prices reaching a peak of 0.082 ETH ($131) early on Thursday, according to NFT Price Floor data. As of now, the project has a floor price of 0.05940 ETH (worth around $97), up by 19.3% over the past 24 hours. It is worth noting that the NFT market has experienced a complete reversal since its peak in 2021 and 2022. Investors have seen the value of their blue-chip NFTs drop significantly, while several platforms have been forced to close down operations. However, there is still notable interest, with some big companies announcing NFT initiatives.As reported, Prada Group, the parent company of Miu Miu, in cooperation with the Aura Blockchain Consortium, has launched blockchain services that allow customers to verify the authenticity of their purchased products.Likewise, Italian luxury watch manufacturer Panerai has revealed plans to include an NFT-based "digital passport" with every watch sold after October 3. The NFT Bubble Has Officially Burst: Over 95% of NFT Collections Have Zero Value What's started with a mysterious inscription on October 7 may end up turning into the latest global protest in support of journalist and activist Julian Assange. Buy Tether USD (USDT)Frax’s sFrax seems similar in motivation to MakerDAO’s DAI Savings Rate (DSR), a bear market success story that has helped Maker increase its revenue for five straight months by giving DAI holders exposure to Treasury yields, per DeFiLlama. The protocol incorporates several methodologies from key DeFi platforms on Ethereum. This incorporates Uniswap v3’s "slot-based liquidity" feature for improved loan liquidations, MakerDAO’s vault protocol for asset security, liquidity pool strategies from Compound and Aave to determine risks and design rate curves based on usage, and Curve-inspired “smart collateral” features.

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Something often overlooked by budding protocols is sustainability. Distinct from scalability, sustainability can encompass both the energy requirements of a solution and a community’s capacity to continue with its function. While some may think this is downstream of other, more prominent concerns, it’s worth considering how the exchange of value will be of any concern on an uninhabitable planet. – Oleksandr Lutskevych, CEX.IO Today, the most broached topic is “Metaverse,” as if it’s the next thing that will alter human lifestyles in the digital world. However, the metaverse is a trending topic and a prominent buzzword in technology, finance, and the business industry. Coinbase Wallet ExplainedASICRUN has started making a strong impact on the crypto market with the recent launch of its suite of advanced ASIC miners. The company’s new products, AR1 Miner, AR2 Miner, and EliteAR Miner come with market leading hash rates, making crypto mining more rewarding than ever before.AR1 Miner: Bitcoin 1050 TH/s, Litecoin 400 GH/s, Dash 20 TH/sAR2 Miner: Bitcoin 2200 TH/s, Litecoin 900 GH/s, Dash 45 TH/sEliteAR Miner: Bitcoin 4900 TH/s, Litecoin/ 2200 GH/s, Dash 100 TH/sMoreover, despite their high computational power, ASICRUN miners have moderate power consumptions of 650W, 1,300 W, and 2,800 W for AR1 Miner, AR2 Miner, and EliteAR Miner, respectively. This translates into negligible monthly power costs of $50 to $250, depending on the hardware used. Owing to these two factors, ASICRUN users can make extraordinary profits in quick time.Projected Profit/MonthHardwareBitcoinLitecoinDashAR1$1,897$3,474$3,591AR2$3,974$7,813$8,011EliteAR$8,853$19,070$17,500 ASICRUN is dedicated to simplifying the process of crypto mining so that its benefits can be enjoyed by all regardless of their industry experience or knowledge. With this goal, the company has developed plug-and-play miners that are delivered preconfigured, and can be used by anyone just by plugging them into a power socket. Interestingly, these miners have nominal system requirements that don’t require any additional investment. The company also has its own mining pool that is available free of charge to all its customers. This is particularly useful for first-time miners. All mining rigs sold by ASICRUN include comprehensive product warranty covering all types of software as well as hardware issues. The company also covers the delivery and custom fees for all its customers. These miners are available for delivery all over the world, except for the countries with custom closed.Whether you are a savvy miner looking to up your mining game or a beginner aspiring to make a fortune out of crypto mining, ASICRUN can be an excellent option for you. To find out more about the company and its exciting range of products, please take a look at https://asicrun.com/Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.Crypto traders shift attention to these altcoins in Q4 2023: Chainlink, Sei, Bitcoin Spark, and Luna Classic 2015

NFL Alumni CEO Brad Edwards, a former safety who played nine NFL seasons from 1988-1996, told Decrypt that he views NFT collectibles as an evolution of athletes monetizing their memorabilia and traditional trading cards through selling them to fans. "BTC enjoys the 'commodity' asset category while ETH remains unclear. This crypto sector regulatory issue has a much higher impact on ETH," Magadini noted. Finally Decided To Buy Bitcoin? Here Are 9 Places To Get It In M'sia.Formulas first attempt at Web3 gaming didnt work out as F1 Delta Time, a pioneering racing game and one of the first licensed titles utilizing NFTs and crypto technology, ceased operations in March 2022. After warming up in the formation lap with its first Web3 game, Formula is ready to return to the blockchain circuits with Formula E: High Voltage. Currently, banks’ struggle to attract deposits, and the difficulty of matching their deposit rates to the current rates available in the market creates revenue and debt management stress at a level which could become critical to the function of the entire banking system. Like many cryptocurrency advocates, Hayes believes that it’s in times like this that a certain cohort of investors begins to look at different investment options, including Bitcoin.

DXY chart by Tradingview Blockchain technology ensures fair gaming through the use of Random Number Generators. Illegal Crypto Exchange Busted. The List Of Seized Assets Is Incredible|Bitcoinist.comThe application-specific rollups Cartesi network which features a Linux runtime has also seen a rise in metrics similar to Bancor that could signal a rise in its native CTSI token. This also spans “High Transaction Volume, Active Addresses, Whale Transactions, Age Destroyed (Consumed)” as pointed out in the post. Many barriers are currently in place to keep institutional investor hands off crypto, but that will change, says Yusko. “No one’s going to be able to say no,” he says, “not UBS, not Merrill Lynch, no one.”

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