One wallet received $2 million in ARB, while another collected around $1.38 million worth of tokens.
Arbitrum airdrop sees 1,500 addresses consolidate $3.3M into two wallets Ledger CEO: The collapse of banks is a ‘crash course to Bitcoin’ | PBW 2023
Ledger CEO Pascal Gauthier said that anyone trying to centralize crypto will fail, saying that centralization and crypto are “two magnets that’s just not going to stick together.”
1inch Network co-founder to crypto newbies: ‘Don’t trust anyone, verify’ | PBW 2023
1inch Network co-founder Sergej Kunz highlighted that mass adoption means people understand “the noncustodial way.“
Chainalysis breaks down how scammers adapt during the bear market
As crypto traders became wary of making investment decisions amid the Terra collapse in 2022, scammers shifted to free giveaways and romance scams.
SVB collapse chilled NFT trading volumes: Nifty Newsletter, March 15–21
Cointelegraph explored the United Arab Emirates to see how NFTs are used in the region.
Tether CTO on USDC depeg: ‘Bitcoin maxis were right all along’ | PBW 2023
Paolo Ardoino said that recent events in the crypto space demonstrate that Bitcoiners were right and that Bitcoin is the “ultimate way” to hold wealth.
PBW 2023 explores the current state of the blockchain space
Circle’s chief strategy officer Dante Disparte said at a Paris Blockchain Week panel that, while the state of blockchain is currently not strong, people are continuing to build and develop.
Celsius lawyer and adviser fees on track to reach $144M, community responds
Software developer Cam Crews compiled data showing almost $102 million filed with the courts, with $42 million estimated in additional fees yet to be filed.
Crypto Stories: Scott Melker tells the story of how he became The Wolf of All Streets
Crypto analyst Scott Melker talked about his journey as a trader and how he found the crypto space while working as a DJ.
Nonprofit to expand DLT adoption through grants of up to $5M
The DLT Science Foundation opened its call for grant proposals, offering up to $5 million for eligible individuals or organizations.
Project claiming to be ‘AI-powered’ drains $1M from users
The project, Harvest Keeper, claimed to optimize trading processes and promised a 101% return on investment within 21 days.
Dubai to Abu Dhabi: How NFTs are used in the UAE
Cointelegraph went to an electronic dance music concert and spoke to projects at the recent AIBC Dubai event to see how nonfungible tokens are used in the United Arab Emirates.
Judge mulls removing Shaq and Naomi Osaka from FTX lawsuits
The plaintiffs have until December to show cause as to why the two sports stars should not be dismissed from the lawsuit.
Rapper The Game’s crypto startup gets registration revoked
The SEC said that ParagonCoin Limited violated securities laws for failing to file the required periodic reports.
US accounting watchdog warns investors about proof-of-reserves reports
The warning was issued after crypto exchanges jumped on the trend of providing proof-of-reserves reports to ease concerns after the FTX collapse.
Judge refuses to consolidate class-action lawsuits against FTX
A U.S. judge denied the request to consolidate, saying that the defendants had not had the opportunity to respond.
Bitcoin NFT auction nets $16.5M in 24 hours: Nifty Newsletter, March 1–7
An NFT generator powered by artificial intelligence was recently launched by crypto exchange Binance, with 10,000 mints in 2.5 hours.
Binance NFT adds Polygon network support to its marketplace
Only selected ERC-721 collections in the Polygon network are currently available on the Binance NFT marketplace.
Whale sells 1,010 NFTs in 48 hours: Nifty Newsletter, Feb. 22–28
NFT whale Machi Big Brother sold off 1,010 NFTs in 48 hours in what some dubbed the “largest NFT dump ever.”
Do ‘Ethereum killers’ have a future? Here’s what the crypto community says
While many of the arguments support Ethereum, some argue that things can still go south for the network.
Platypus Finance creates compensation portal for users following $9.1M exploit
The team said that if users find calculation errors, they must submit a form and related evidence before March 3.
Illuvium DAO blocks NFT pack-opening event involving 3AC founder Su Zhu
Illuvium council member Deraji pointed out that the community made their stand and highlighted that the event risks the reputation that the DAO worked hard to build.
74% of survey participants say they buy NFTs for status
13% of the survey respondents mentioned that they are buying NFTs hoping to resell them in the future.
Solana outage triggers ballistic reaction from the crypto community
A community member argued that outages put decentralized finance protocols running on Solana at risk of insolvency.
IMF says no crypto as legal tender — Community disagrees
A community member believes that the space will look back to this moment once it succeeds in making the world decentralized.
Emojis count as financial advice and have legal consequences, judge rules
Former SEC branch chief Lisa Braganca warned the public of the legal consequences of using the emojis.
3AC liquidators to sell firm’s NFTs to realize value amid bankruptcy
The announcement said the sales would commence 28 days after Feb. 22, when the notice went out.
German DZ Bank adds digital currencies to asset management services
German asset manager DZ Bank collaborated with Swiss technology firm Metaco to add digital asset management into its services.
Kim Kardashian, Floyd Mayweather file motion to dismiss crypto promotion lawsuit
The defendants pointed out that the renewed allegations push the same theory the court had already rejected.
OpenSea implements 0% fees: Nifty Newsletter, Feb 15–21
Real Vision CEO Raoul Pal likened NFTs from popular collections like CryptoPunks and BAYC to luxury houses and cars.