The SEC alleges that the scheme raised money from over 200,000 investors worldwide, many of them Haitian-Americans, following a similar suit filed in June by the New York Atto...
Traditional finance institutions are increasingly exploring ways of putting assets like bonds, credit and funds on blockchain rails, known as RWA tokenization, to pursue opera...
Notcoin led to this year’s biggest and buzziest gaming token launch so far, but the Telegram mini app is no one-off sensation. Hamster Kombat has already surged to greater heights in terms of pre-token players, claiming more than 300 million users already ahead of its launch on The Open Network (TON), while other games on Telegram are gaining steam with the same kind of model. Like Hamster Kombat, games like PixelTap and Yescoin are expanding upon the basic “clicker” or screen-tapping premise in...
Telegram game TapSwap racked up tens of millions of players in recent months ahead of a planned token launch and airdrop on The Open Network (TON)—and now it’s expanded beyond the original Notcoin-esque tap-to-earn premise with a new city builder mode. Launched on Monday, Tappy Town is a new game mode found within the TapSwap mini app on Telegram that lets you upgrade and enhance numerous buildings to unlock additional rewards. Tappy Town ties into existing play-to-earn elements within TapSwap,...
Telegram game TapSwap racked up tens of millions of players in recent months ahead of a planned token launch and airdrop on The Open Network (TON)—and now it’s expanded beyond the original Notcoin-esque tap-to-earn premise with a new city builder mode. Launched on Monday, Tappy Town is a new game mode found within the TapSwap mini app on Telegram that lets you upgrade and enhance numerous buildings to unlock additional rewards. Tappy Town ties into existing play-to-earn elements within TapSwap,...
Former President Donald Trump has pitched big plans for crypto on the campaign trail, folding several promises into his reelection bid while trying to make inroads with digital asset owners. When it comes to the nascent industry, crypto isn’t listed among 20 core goals that make up the Republican Party’s official 2024 platform—and the topic didn't come up during his interview with Elon Musk on Monday. Still, in a draft document released this July, crypto was mentioned alongside artificial intell...
After months of accumulating billions of dollars’ worth of Bitcoin, the successful Bitcoin exchange-traded funds (ETFs) that launched this year are set to soon collectively hold more of the leading cryptocurrency than its mysterious, pseudonymous founder, Satoshi Nakamoto. A chart posted on Twitter (aka X) on Monday by Bloomberg ETF analyst Eric Balchunas shows that the 10 spot Bitcoin funds now trading on American stock exchanges now hold close to a million digital coins when tallied up. While...
Mt. Gox's Bitcoin billions are on the move again—and the leading cryptocurrency's price is on the rise. Blockchain data tracking firm Arkham Intelligence on Tuesday flagged on-chain movements from a crypto address that had received over $2 billion in Bitcoin from the collapsed exchange. The address, Arkham said, had initiated test transactions ahead of expected repayments to affected users—and then the entire balance of over 33,000 BTC (worth $2 billion at the current price) was moved to another...
Meme-powered movement for change UNFK has given away $10,000 in SOL tokens to artists in its first “community unlock,” following a recent meme competition poking fun at U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler. The “community prank” competition awarded $10,000 in prizes to people for memes that “Give Gensler the Finger” with the hashtag #FireGensler. Judged by NFT collector Cozomo de’ Medici, the competition had such a large turnout that it dominated the hashtag’s search...
Residents of Hawaii, who for years have been prevented from accessing most cryptocurrency exchanges due to the state's longstanding restrictions, will again be able to use Coinbase, the company said Wednesday. “With recent state regulatory changes paving the way, we can now bring our products and services to Hawaii and empower residents to participate in the crypto economy,” said Faryar Shirzad, chief policy officer for Coinbase, in a statement. The company had pulled out of Hawaii in 2017 after...
