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August 11, 2022
When you buy a nonfungible token, do you automatically get intellectual property rights? Well… it’s complicated. How can IP assets transform DeFi, DAOs and the metaverse? InvArch says that its infrastructure can be used to speedily create new decentralized autonomous organizations. This could make it easier for nonprofits to fund intellectual property development — and...
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The lawsuit alleged Mark Cuban misrepresented the crypto offerings and services by Voyager and leveraged his years of experience to lure inexperienced customers into investing their life savings. Mark Cuban, the billionaire entrepreneur who has been quite active in the crypto ecosystem for the past year, is facing a class-action lawsuit over his promotions of...
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Risk assets surge higher after U.S. inflation data, but belief in a sustained uptrend emerging is hardly anywhere to be seen. Bitcoin (BTC) pierced the top of a stubborn trading range on Aug. 11 as a decidedly awkward rally took hold of risk assets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin retracement warnings intensify...
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A Twitter user claimed that they purchased a stolen NFT and OpenSea support advised them to sell it on another marketplace. As asset theft remains one of the biggest headaches in the nonfungible token (NFT) space, NFT marketplace OpenSea is making an effort to tailor its policy to incorporate additional measures against stolen items.  In...
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A slew of Ether’s technical and fundamental indicators support a push toward $2,500 by September. Ethereum’s native asset Ether (ETH) has more than doubled in value since bottoming out at around $885 in June 2022. Now, it eyes a decisive move toward $2,500 in August per a slew of technical and fundamental indicators. Ethereum chain...
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With the Goerli merge going successfully, there is growing confidence that there will be no further delays to the Ethereum Merger set for mid-September. After Ropsten and Sepolia, Goerli was the last remaining testnet scheduled to undergo the merge, officially becoming a Proof-of-Stake (PoS) blockchain as of 1:45 am UTC, Aug. 11. The Goerli testnet...
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When the 21-year-old Quai Network marketing associate was asked to present a crypto class to residents of an assisted living community, he was more than happy to oblige. When assisted senior living home The Preston of the Park Cities approached Owen Robertson to hold a course on crypto, NFTs, and the Metaverse for their residents,...
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Copycats used the same code as the original hackers but modified the target token, token amount, and recipient addresses. Close to 90% of addresses taking part in the $186 million Nomad Bridge hack last week have been identified as “copycats,” making off with a total of $88 million worth of tokens on Aug. 1, a...
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It comes as the number of monthly active teams for the blockchain reached 11,800 in July, up from 8,000 in March. The number of decentralized applications (DApps) on Ethereum-scaling-platform Polygon has topped 37,000, marking a 400% increase since the start of 2022. The Polygon team shared the figures via an Aug. 10 blog post, which...
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The blockchain forensics firm said cross-chain bridges provide an “unregulated alternative” to exchanges for transferring value between blockchains. Cross-chain bridges have been the target of more than a few hacks this year, but new data from blockchain analytics provider Elliptic alleges one has been used to launder over half a billion dollars in ill-gotten crypto...
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