Day: January 6, 2023

Dogecoin (DOGE) Performs Poorly after Elon Steps Down as Twitter CEO, Litecoin (LTC) Got an MWEB Upgrade This Year While Snowfall Protocol (SNW) Performed Well in Presale Stage 3

Place/Date: – January 6th, 2023 at 7:06 am UTC · 4 min read Source: Snowfall Protocol After Elon Musk has broken his silence in response to a user poll on Twitter asking whether he should resign as CEO of the social networking firm, the value of Dogecoin (DOGE) has been steadily declining. The privacy-based Mimblewimble Extension Blocks (MWEB) upgrade for Litecoin (LTC), which was completed in May 2022 and increased the currency’s possibility of becoming the preferred payment method for private transactions, has been Litecoin’s (LTC) biggest upgrade this year.…

Euterpe IP-NFT Vickrey Auction was a Huge Success! IP-NFT Mystery Box Already Sold Out!

“What should be owned in the Metaverse, and how? This is a philosophical question.” In January, before Spice DAO dropped $2.7 million on a rare copy of Alejandro Jodorowsky’s production book for Dune at Christie’s, the group tweeted its intention to “tokenize” the book. This is a typical common IP misconception related to NFTs – the purchase of a physical book does not necessarily equal the transfer of the book’s copyright. Therefore, Spice DAO has no right to recreate as they don’t own the copyright. Releasing NFTs raises many intellectual…

Will January See The End of APE’s Recovery? 

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ApeCoin (APE) has been on the road to recovery since the last two months. According to CoinGecko, the token gained over 13% in the past month, ending the year on the spot with other gainers. But the token has depreciated by almost 5% in the past 24 hours, and trading at $3.96. This might set a precedent to what can happen in the next few weeks.  NFTs, Macros And What It Means For ApeCoin Recent events in the NFT space might have an effect on the already dwindling interest in…

Doubts mount over Huobi’s future as harsh layoff rumors denied

Speculation on Twitter that crypto exchange Huobi has laid off staff and shuttered internal communications have prompted the community to advise users to withdraw funds, despite an advisor to the exchange denying the rumors. In a Jan. 5 tweet, Huobi advisor Justin Sun addressed rumors of purported insolvency saying the business development of the exchange was “good” and the “security of users’ assets will always be fully protected.” Sun also seemingly brushed off speculation around disgruntled staff saying Huobi will “fully respect the legal demands of local employees.” Earlier, on…

2023 could be a rocky year for crypto venture investments: Galaxy Research

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2022 was a big year for crypto venture capital despite multiple high-profile meltdowns and the FUD (fear, uncertainty, and doubt) tsunami that followed. However, the funds may not flow as easily this year, a crypto researcher warns. The number of deals and amount invested by venture firms into Web3 and crypto startups was a little over $30 billion in 2022, according to Galaxy Research Head of Firmwide Research, Alex Thorn, described it as a “monster year” that was only just eclipsed by the $31 billion in VC investments in 2021.…

Darknet Forum Dread to Relaunch After Month-Long Downtime Due to DDOS Attack – Bitcoin News

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According to web portal darkdot.com and anonymous journalist Darkdotfail, the popular darknet forum Dread has been down for a month. The well-known forum, which was a place for darknet market (DNM) patrons to discuss operations security, rate specific vendors, and talk about stealth delivery ideas, has been absent for 30 days. However, the forum’s founder, “Hugbunter,” has stated that it will relaunch in the near future. Dread Forum Founder Announces Plans to Relaunch In the underground world of darknet markets (DNMs), the forum Dread was known for being a go-to…