Social media influencer Ice Poseidon admitted to a crypto rugpull worth $500,000 by soliciting investment for deflationary token 'CxCoin.'

The post YouTuber rugpulls fans for $500K in crypto, token pumps 300% anyway appeared first on Protos.

Intel patched 226 vulnerabilities in its products last year, according to data from the 2021 Product Security Report released by the chip giant on Thursday.

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The Ministry of Finance suggested letting banks sell bitcoin while the Chamber of Commerce thinks mining should become an established business.

Deploying funny-sounding strategies like “sandwich trading,” bots have conquered much of the market for Ethereum-based digital tokens, scooping up hundreds of millions — if not billions — of dollars in trading profits over the years. Along the way, they’ve made enemies by front-running others’ transactions, something blockchain-fueled trading fundamentally permits. There’s been a benefit to […]

The Coachella Valley Music and Arts Festival is stepping into non-fungible token (NFT) technology space, according to the festival’s official Twitter account. Coachella partnered with the crypto exchange FTX US, and the NFTs are minted on the Solana blockchain. Coachella Partners With FTX US to Mint Solana-Based Digital Collectibles Since 1999, the festival co-founded by […]

Purpose Bitcoin ETF, one of the Bitcoin spot-settled ETFs trading in Canada, has just recorded its third-largest single-day increase in assets under management. According to data from Glassnode, 1054 Bitcoins were added to the ETFs holdings yesterday. The data indicate that the ETF investors are buying the dip, and could mark market sentiments turning bullish

The post ‪Bitcoin Purpose ETFs Holdings Records A Meteoric Rise ; What Is Driving The Growth? appeared first on CoinGape.

Crypto founder Mahbod Moghadam is the latest shining example of ‘crypto bro culture,’ as one startling Instagram comment will attest.

The post Crypto founder: LA mayor ‘prolly got rona and aids’ from maskless Magic Johnson appeared first on Protos.

Culture Pulse is taking the NFT (non-fungible token) marketplace to the next level by bridging the world of physical collectibles with their digital counterparts. Culture Pulse connects the real world to the blockchain by combining the best of NFTs with what buyers have traditionally wanted: something that is as meaningful in real life as it is in the digital realm. Instead of championing new collectibles generated solely for the metaverse, the platform enables athletes, artists, musicians and other creators to mint NFTs from real world collectibles.

The company's mission is to reintroduce trust and authenticity through its marketplace methodology combating the $1.82 trillion lost to counterfeiting each year, according to the Global Brand Counterfeiting Report. The Culture Pulse platform pairs a physical collectible with an NFT and is synced to their database. When that product is purchased, the NFT is transferred via a wallet and whenever the item transfers ownership, the digital rights and provenance held in the NFT is transferred as well. Culture Pulse's easy to use Web 2.0 Shopify interface makes transacting on the site seamless. Users can utilize wallets, crypto and Web 3.0 tools like MetaMask to transact as well. 

 “NFTs have leapt off the page, and yet they are still in their infancy,” said David Jensen, CEO. “We aim to advance the metaverse while bridging the world of physical collectibles and creations.  We aim to let collectors enjoy their autograph game ball while carrying their digital Hermes Birkin bag in the Metaverse.”

Through NFT drops, which the company calls ‘pulses', collectors can buy exclusive pieces through auctions. Their inaugural release, entitled “Celebrating Excellence” champions an expansive and impressive portfolio of creators including: 

• Athletes Hall of Fame basketball player Gary Payton and Super Bowl Champ Lawyer Milloy, Bobby Wagner,  Mo Bamba, Paolo Banchero, among others

• Artists / Musicians including Andy Warhol, Barbara Kruger, Ed Ruscha, Shag, Kara Walker, Chase Langford, Jerrod Maryama, John 5

• Luxury Brands Stephen Silver Fine Jewelers and other featured brands 

“Our goal is to make NFTs easy and fun to make for athletes, artists, and creators of all types," said Alex Beckman, CDO and co-founder/"When NFTs creation is seamless and doesn't require outsourcing the creative process, NFTs become more authentic and meaningful to collect."

"From a technical perspective, we're linking the physical world of collectibles and their digital counterparts through advanced tagging technology,'' said company CTO and co-founder Adam Cowherd.  "Being able to verify a physical collectible unlocks limitless possibilities in the digital world."

The company is co-founded by serial entrepreneurs and investors: CEO/co-founder David Jensen Ernst & Young (EY), Deloitte, IBM, Yahoo!, Razorfish; CDO/co-founder Alex Beckman founded GameOn Technology, EVNTLIVE, and has served as Managing Partner to Elastic Holdings, a US-based venture capital fund; and Adam Cowherd, CTO/co-founder and founder of AmplifyX.

The company is kicking off with an invite-only celebrity event in Los Angeles during Super Bowl weekend, bringing together collectors with world-class artists, winning athletes, and experts from the web 3.0 community. Culture Pulse has a series of upcoming "pulses" throughout 2022, championing purpose around significant cultural milestones. For more information and to see all upcoming events, visit culturepulse.co.

Crypto news was abuzz recently with speculation of the U.S Internal Revenue Service (IRS) writing off the tax on income generated from unsold staked cryptocurrencies. Many, including crypto influencers on social media revered the implication derived from a district court ruling in Nashville. However, experts are now claiming that the industry might have been too […]

India’s prime minister, Narendra Modi, says an Indian central bank digital currency will strengthen the digital economy. The digital rupee will also revolutionize the fintech sector by creating new opportunities and lessening the burden of handling, printing, and the logistics of cash management, the prime minister reportedly explained. India’s Prime Minister Modi Sees Benefits of […]

One of many sectors that boomed exponentially within the cryptocurrency sector last year was that of non-fungible tokens (NFT). Its growth in sales volume from just around $94 million in 2020 to $24.9 billion in 2021 is a clear indication of the same. However, emerging financial markets are always at the risk of falling prey […]

Kraken on Thursday announced the results of a proof-of-reserves audit showing the crypto exchange held $19 billion in bitcoin and ether. Other crypto assets were not included in the audit. Armanino completed the independent audit on Dec. 31, 2021, a Kraken representative told CoinDesk. A culmination of “years” of work, said Chief Product Officer Jeremy…

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