Author: CryptoHoppers

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The US Department of Justice (DOJ) is scrutinizing the advertising strategy of the now-bankrupt crypto exchange, FTX. This scrutiny comes in light of advertisements featuring celebrities Larry David and Tom Brady. According to the DOJ, it did not clearly demarcate between the global platform and its US subsidiary, FTX.US. FTX’s founder, Sam Bankman-Fried, finds himself at the center of a legal maelstrom, vehemently disputing the evidence the government plans to present in the upcoming trial scheduled for Oct. 2. The array of charges against him includes…

YugaLabs’ recent acquisition of talent has set the NFT and blockchain communities abuzz, and rightly so. The new Vice President, Michael Ghory, boasts a resume that reads like a who’s who of the retail world. Former stints at athletic juggernauts Nike and Adidas, and the luxury brand Coach, only scratch the surface of his extensive experience in the industry. Michael is not just a seasoned veteran in the retail world; he’s a maestro in brand development. Over a decade spent at the helm of iconic brands like Coach, Adidas, and Nike has equipped him with unparalleled skills in brand nurturing…

For many, web3 remains either too complex or simply uninteresting, and to make web3 more than just a buzzword, user experience should be simple and intuitive. Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Web3 is a world in the making. It operates atop a trio of fundamental technologies: blockchain for data immutability and consensus, smart contracts for self-executing business logic, and cryptographic tools for identity and security. What’s more: it’s an Autonomous World, where “anybody can enforce the introduction rule without damaging its objectivity,”…

Crypto Live NewsAuthor: Mustafa Mulla Sep 3, 2023 13:12Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017. Gala Games, a blockchain-based gaming platform, is facing a legal controversy between its CEO and co-founder. Eric Schiermeyer and Wright Thurston have filed lawsuits against each other, with Schiermeyer accusing Thurston of illegally obtaining and selling $130 million in GALA tokens. Meanwhile, Thurston accused Schiermeyer of wasting the company’s assets and engaging in fraudulent practices that harmed the platform. In response, Gala Games released a statement…

In the last 48 hours, the XRP market has witnessed a significant amount of large-scale transactions, drawing much attention from the general crypto space. According to data from blockchain tracker Whale Alert, XRP whales conducted transactions involving over a billion XRP on Friday, September 1.  Ripple Transfers 75 Million XRP To Unknown Wallet In Whale Buying Spree Through a series of posts by Whale Alert on social media platform X (formerly Twitter), it can be inferred that the XRP market witnessed four major whale transactions.  The biggest of these transactions was the transfer of 424,354,912 XRP – valued at $214,293,666…

Journalist Posted: September 3, 2023 Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. SOL retraced to a crucial bullish order block near $18. MobChart showed massive buy limit orders at $18 and $19.  Solana [SOL] breached the $20 psychological level, but the drop could ease as buying interest surged near the $18 and $19 levels. Nevertheless, Bitcoin [BTC] was stuck in the range-low at $25k at press time and could complicate a solid upswing for SOL.   How much are 1,10,100 SOLs worth today?  Can bulls defend the…

In the dynamic realm of NFTs, a revolutionary concept has been gaining substantial traction—redeemable NFTs. These unique tokens have quickly found their place in fashion, gaming, PFPs, and other domains, offering creators a means to fuse art with utility and experiences. However, their journey so far has been hindered by a lack of universally embraced standards or user interface conventions. This has resulted in creators building custom, often isolated experiences, leading to limited discoverability and usability. OpenSea, a key player at the intersection of art, technology, and blockchain, has stepped forward with an innovative solution. They are introducing an open…

Blockchain technology dramatically revolutionizes the sports industry: from merchandising and ticketing to fans communities and systems of governance and ownership. Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The arrival of web3 technology can revolutionize many industries, from fashion to art, music, and more. There’s no denying that web3 has the potential to change the sports industry for the better. Web3 can take the sports industry to the next level by allowing for increased ownership, transparency, and autonomy from leveraging smart contracts to sponsorship sign-up…

Grand Theft Auto owner enters Web3 via mobile gaming arm Fun fact: mobile gaming giant Zynga is owned by Take-Two Interactive, the same company that also owns Rockstar Games, which is behind ultra-popular video game series like Grand Theft Auto, Red Dead Redemption and NBA 2K. Now Zynga is making its Web3 debut with a new franchise. Best known for its FarmVille series, Zynga has created an offshoot studio called Zynga Web3 (or ZW3) and announced Sugartown. It’s a cross-media world that will be more like a Web3 gaming platform than a single title. The cute cartoonish animals featured in…

In the last five years, cryptocurrency has moved far beyond simply utilizing the Proof of Work (PoW) consensus algorithm. Nowadays, there are numerous coins and tokens which explore several different algorithms, often choosing one which best suits their functionality. There was a time when cryptocurrencies were largely expected to use the Proof of Work algorithm as this is what Bitcoin uses, making it by far the most well-known system, but ever since Ethereum announced that it would be moving over to Proof of Stake (PoS) with its upcoming “Casper” protocol, crypto fans have been more open to other methods. Taking…