Warner Bros. Launch Lord Of The Rings NFT Experience
Warner Bros “Lord Of The Rings” web3 NFT will now be an immersive entertainer with bonus content for fans of the box-office blockbuster. In their move to adopt the future of entertainment, they offer the iconic movie as a unique web3 interaction.
Polkadot Co-Founder Gavin Wood Is Stepping Down As CEO Of Parity
Polkadot co-founder Gavin Wood is stepping down as the CEO of blockchain infrastructure company Parity, Bloomberg first reported. He will be replaced by fellow Parity co-founder Björn Wagner. Parity is a key development firm behind the Polkadot blockchain ecosystem.
Singapore High Court Affirms NFTs As A Form Of 'Property'
The High Court has ruled that a NFT is a form of property and not merely information or code on the blockchain. It has also ruled that it has the jurisdiction to hear cases of dispute involving blockchains despite its borderless and decentralised nature, and that a legal claim can be brought on a person whose identity is hidden behind a pseudonym.
Uzbekistan Police Get 'How To Seize Crypto' Training From UN Security Org
The Organization for Security and Co-operation in Europe (OSCE) organized a five-day training course on cryptocurrencies and Dark Web investigation for Uzbekistan's police and prosecution forces. The course is a part of OSCE’s consistent efforts to educate Central Asian law enforcers on the emerging technologies that criminals might abuse in a strategically important region for the global drug trade.
Judge Denies Former OpenSea Employee's Motion To Dismiss Fraud Case
A grand jury indicted Chastain after the former OpenSea head of product allegedly purchased and sold non-fungible tokens (NFTs) he knew would be listed on the marketplace's homepage – a scheme the DOJ alleges was akin to turning a profit using insider information.
Gate.io Users At Risk As Scammers Fake Giveaway On Hacked Twitter Account
Hackers took over the official Twitter account of crypto exchange Gate.io, putting over 1 million users at risk of losing funds to an ongoing fraudulent Tether giveaway.
ETH Mining GPUs Worth Billions Of Dollars Stopped Operating
GPUs were the source of computing power to confirm transactions and earn ETH rewards on the proof-of-work (PoW) Ethereum blockchain. Ju points out that as of May 2022, these computers provided a hash rate of 1.06 Petahashes (PH/s) for the Ethereum network.
Binance Just Became A Registered Crypto Service Provider In Cyprus
Binance, the world’s leading crypto exchange in terms of daily trading volume, has been making moves to receive official licenses from regulators around the world and simply be more regulatory compliant with the laws of the nations in which it operates.
OpenSea Revises NFT Rarity Ranking Protocol After Community Feedback
While giving rarity ranks to nonfungible tokens (NFTs) on a marketplace may help collectors decide on whether to purchase NFTs, some argue that ranking NFTs may do more harm than good.
Bitcoin, Ethereum, Mina, & Ravencoin Daily Crypto Price Analysis
The global crypto market has remained bullish as it added 0.53% over the last day. The performance of Bitcoin shows a continuation of gains as it added 0.44%. Ethereum has also stayed bullish, adding 1.00% over the last day. Mina is bullish, as it has added 1.10%, while Ravencoin has shed 1.21%.
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