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Tragedy or rug-pull? Inside the collapse of a ‘charitable’ NFT project

Orica NFT's charity efforts have succeeded, but its token holders have not, and up until now, its co-founder was nowhere to be found.

SpaceX sold $373M worth of Bitcoin acquired in 2021-2022: Report

Elon Musk announced in 2021 that SpaceX had some Bitcoin holdings following an SEC filing showing Tesla planned to purchase $1.5 billion worth of the cryptocurrency.

Tragedy or rug-pull? Inside the collapse of a ‘charitable’ NFT project

Orica NFT's charity efforts have succeeded, but its token holders have not, and up until now, its co-founder was nowhere to be found.

UK crypto businesses to comply with FATF Travel Rule beginning in September

The U.K. passed legislation in 2022 to make it one of the few countries in compliance with the extension of the Travel Rule to crypto.

Bitcoin price breaks from range with drop below $28K, and options tilt toward BTC bears

$570 million in weekly BTC options expire on Friday, and the recent macro and crypto news events have further tilted the advantage to bearish traders.

2024 could be very bullish for crypto — Here’s why

This week’s episode of Market Talks discusses why 2024 could be bullish for the crypto industry and if crypto has weathered the storm.

Federal Reserve issues enforcement action against FTX-linked US bank

Moonstone Bank, which was since renamed Farmington State Bank, received roughly $11.5 from FTX’s sister firm Alameda Research through its holding company in 2022.

2024 could be very bullish for crypto — Here’s why

This week’s episode of Market Talks discusses why 2024 could be bullish for the crypto industry and if crypto has weathered the storm.

2024 could be very bullish for crypto — Here’s why

This week’s episode of Market Talks discusses why 2024 could be bullish for the crypto industry and if crypto has weathered the storm.

Judge grants SEC request to file motion for appeal in Ripple case

The SEC has until August 18 to officially file its motion and the defendants will have until September 1 to respond.

Breaking: Coinbase to suspend USDT trading for Canadian users

Users will still be able to deposit and withdraw after the deadline, but trading will be suspended.

Ethereum is a 'dumpster fire' — Charles Hoskinson

Despite assurances, discrepancies between Cardano's theoretical network capacity and its utility remain.

Fuse CEO Mark Smargon says blockchain payments apps will rival Visa, not Ethereum

Mark Smargon, CEO of Fuse, explains how blockchain-powered payments can fix the “broken traditional payment system.”

Fuse CEO Mark Smargon says blockchain payments apps will rival Visa, not Ethereum

Mark Smargon, CEO of Fuse, explains how blockchain-powered payments can fix the “broken traditional payment system.”

Bitcoin support levels to watch as BTC price aims at $28K

BTC price still has "heavy support" at the $28,000 mark, with confidence still in place that Bitcoin can avoid a deeper retracement.

Tether CTO Paolo Ardoino says Bitcoin mining needs better analytical tools

Stablecoin operator Tether is building specialized Bitcoin mining software aimed at using data analytics to optimize mining operations and boost production, CTO Paolo Ardoino says.

Tether CTO Paolo Ardoino says Bitcoin mining needs better analytical tools

Stablecoin operator Tether is building specialized Bitcoin mining software aimed at using data analytics to optimize mining operations and boost production, CTO Paolo Ardoino says.

FTX seeks $175M settlement with Genesis entities to resolve dispute

However, FTX creditors express discontent and urge the Official Committee of Unsecured Creditors of FTX (UCC) to contest the agreement.

Crypto games need EVO-style viral moment, Nitro Nation review: Web3 Gamer

Blockchain games desperately need a viral moment to succeed, Cut The Rope in The Sandbox, Axie and Aelph hand out cash, Nitro Nation hot take.

Crypto games need EVO-style viral moment, Nitro Nation review: Web3 Gamer

Blockchain gaming needs its own ‘EVO Moment 37’?

While the Web3 gaming ecosystem is still trying to find its footing in the mainstream gaming world, a key element missing from almost all the Web3 titles is inspiration. To achieve a broader audience, Web3 gaming needs a “wow” moment to go viral and into the records of gaming history.

Web3 gaming studios are falling into the same trap that many of their traditional predecessors fell into: Better visuals, more rewards and a larger cast of characters. Sure, these are some vital elements of the gaming experience, but in order to expand a whole ecosystem, developers need to think beyond that.

With Street Fighter 6 just released and Mortal Kombat 1 on the horizon, it’s safe to say that the fighting games are having a big comeback. But let’s remember the exact moment that showed players worldwide the joy of fighting games for the first time: The EVO Moment 37.

In 2004, during the golden years of home consoles, the fighting game-focused tournament EVO saw a magical moment where two legendary players competed with each other and one of them — Daigo Umehara — pulled a move that was then considered impossible. YouTube was not a thing back then, so that moment was captured by the official DVD that was released the following year. It was named “Evo Moment 37” and became a major trigger for wide audiences to take fighting games seriously.

Web3 gaming needs that. Web3 studios need to add inspiration, “wow” moment potential and an aspect of virality to their products. It will be a tough road to gain the interest of mainstream audiences until then.

Cut The Rope and The Sandbox collaborate to bring Om Nom to the metaverse.
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