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2024-04-26

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Shibarium Goes Live: Q3, 2023, was marked by the launch of Shibarium, Shiba Inu's layer-2 blockchain, on August 17. Shibarium, operating as an Ethereum layer-2 network, employs SHIB tokens as fees. Ripple, on the other hand, has vehemently denied the SEC's charges. According to the business, XRP is not a security, but rather a digital currency akin to Bitcoin and Ethereum. Ripple claims that XRP has valid use cases, such as facilitating cross-border payments, and therefore it should not be classified as a security under US law. Buy Ethereum (ETH) with Credit or Debit CardIt is speculated that Web 3.0 or the spatial web will become the heart of all emerging sophisticated technologies, and the advent of the metaverse has been referred to as the next generation of the internet. As per an Oct. 5 announcement on X, the sneakers will only be available to .SWOOSH members who purchase and open at least one OF1 Box NFT before the Oct. 16 deadline.

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At the time of press, Card Brawl’s foundation and gameplay are about 90% complete. The team primarily focused on integrating the Neo blockchain into the backend for the Singapore GAS Station. Volatility is your friend Best Crypto Exchange in Germany-Compare the Top 5 in ...Despite the departure of both of its creators, Dogecoin would remain a significant player in the cryptocurrency community moving forward. Furthermore, Shin questioned whether the jury could understand it well, to which Klein responded, “The jury’s going to remember $65 billion.” Klein claimed that the jury might not remember the details, but they would remember the amount of money. Enzer agreed and added that the jury would remember that Wang started his testimony by admitting to the crimes.

Margin Trading in Crypto The Block has contacted Binance, Rebuilding Society and the FCA for comment but has not received a reply as of publication time.Cyprus to tighten crypto regulations in accordance with FATF Bitcoin ATM & Services1 The NEAR Protocol price decreased by 6.27% over the last week and is trading below major EMAs. Source: Adobe/ymgermanNathaniel Chastain, a former manager at the non-fungible token (NFT) marketplace OpenSea, has made the decision to serve his three-month prison sentence for insider trading while his appeal is still pending.Chastain's lawyers submitted a letter to the New York District Court on Wednesday, informing the judge that their client had withdrawn his application for bail during the appeal process. Consequently, in accordance with the court's previous order and judgment, Chastain will voluntarily surrender himself by November 2 to commence his sentence while awaiting the outcome of his appeal.Back in May, the former OpenSea product manager was found guilty of wire fraud and money laundering in the first insider-trading trial involving NFTs.Chastain was accused of using confidential information to make thousands of dollars in profit by buying NFTs just before their listing on OpenSea's homepage, where their prices would immediately increase. Once the prices had increased, Chastain would then sell the NFTs at a profit, violating his duty to keep the information confidential. The government alleged that he made over $57,000 in profit from his illicit actions.Chastain Sentenced to Three Months in JailOn August 22, Chastain was sentenced to three months in prison for engaging in insider trading on the NFT platform. Additionally, he was ordered to pay a $50,000 fine and forfeit any illicit cryptocurrency profits derived from his trading activities on OpenSea.During the trial, prosecuting attorney Allison Nichols argued that Chastain was fully aware that he was violating the law by executing these trades through anonymous OpenSea accounts.Chastain had previously argued that NFTs aren’t securities or commodities and therefore aren’t subject to the government’s theory. He also contended that he didn’t commit money laundering because the transactions were made on a public blockchain. However, his decision to serve the prison sentence amid ongoing appeal signals a willingness to accept the consequences of his actions. NFT Market Struggles to Recover After 2022 CrashOnce considered the next big thing in the crypto world, NFTs have failed to recover following the 2022 crypto meltdown. Investors have seen the value of their blue-chip NFTs drop significantly, with floor prices dropping to record low levels and falling trading volume.The prolonged downturn has even forced some NFT platforms to close down operations. Recur, an NFT marketplace supported by billionaire Steve Cohen and renowned for its Hello Kitty NFT partnership, has announced it’s winding down due to “unforeseen challenges and shifts in the business landscape.” Likewise, Mark Cuban-backed NFT social media platform Nifty’s has decided to cease operations, citing unsuccessful investment opportunities.Even platforms like Blur, a leading NFT marketplace, have witnessed a staggering 96% drop in sales volume measured in Ether between late June and early August. OpenSea, the second-largest NFT marketplace, has also seen a more than 90% drop in trading volume.NFTs and Metaverse: Activewear and Luxury Brands Embrace Web3 Innovation

Lido’s Seraphim Czecker told Blockworks in a direct message on X that Arbitrum only stands to gain from the proposal, which he says is likely to bring “mainnet whales” to Arbitrum. But many in the DAO are weighing those potential whales against Lido’s worrisome size. The views and opinions stated by the author, or any people named in this article, are for informational purposes only, and they do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.Binance Liquid Swap to Delist Ripple (XRP) Pair as Transactions Decline to 2023 Lows Cryptocurrency Trading Trade Hot CryptosLack of Fiat Payments In a recent episode of the Thinking Crypto Podcast, host Tony Edward interviewed renowned crypto influencer Tiffany Fong, who shared her experience in the fraud trial of FTX founder Sam Bankman-Fried.

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