Last month, Powell sued Verge in California Superior Court, claiming that has “owns and has rightful access” to the email accounts and that he remains a Verge board member, Fox said. A lawyer for Verge said the Powell’s claims were unfounded, The Times reported. At the time of publication, Verge had not responded to a CoinDesk request for comment. Source
Day: July 7, 2023
Blur v2 slashes gas fees by 50%, adds trait bidding feature
Blur, the non-fungible token (NFT) marketplace, has introduced the second iteration of its platform, tagging two notable improvements. The platform introduced enhancements by has slashed gas fees by 50%. At the same time, they have added trait bidding. Following this update, individuals who had placed bids on Blur v1 must resubmit them on Blur v2. Blur v2 release According to Blur, the first update introduces trait bidding, allowing traders to earn additional points by placing bids on specific traits within selected collections. 1/ Blur v2 is live! Two BIG updates:–…
FBI searched Kraken co-founder’s home in March: Report
The United States Federal Bureau of Investigations (FBI) reportedly searched the home of Kraken co-founder Jesse Powell in March as part of an investigation into claims he hacked and cyber-stalked a nonprofit arts group. It is claimed that Powell interfered with computer accounts by blocking access to emails and other messages from contributors of Verge Center for the Arts — the non-profit Powell founded, according to a July 6 report from The New York Times, citing three people with knowledge on that matter. The F.B.I. searched the home of the…
Crypto Exchange Binance Lists Hot Ethereum Altcoin Project That’s Up 110% This Month
A soaring altcoin project built on Ethereum (ETH) is picking up support from Binance, the world’s largest crypto exchange by volume. Binance recently announced the listing of Pendle (PENDLE) in their Innovation Zone. The platform allows for spot trading pairs with Bitcoin (BTC), PENDLE/BTC, Tether (USDT), PENDLE/USDT, and TrueUSD (TUSD), PENDLE/TUSD. Binance’s Innovation Zone is a dedicated trading space for crypto assets that could be more prone to rapid price swings. Pendle is a tokenized decentralized finance (DeFi) yield-trading protocol that enables investors to purchase assets at a discount and…
Is Justin Bieber’s Ape Really Worth $59,000? How to Value NFTs Using Rarity, Floor Price
“Rarity traits refer to unique characteristics of an NFT, such as limited edition releases, exclusive features or special attributes,” Oliver Cohen, president of NFT analytics tool Inspect, told CoinDesk. “These traits contribute to the perceived scarcity and desirability of an NFT, which can affect its value.” Source
Multichain MPC bridge sees $100M+ outflows, sparking fears of exploit
Abnormally large outflows from the Multichain MPC bridge platform on July 6 have sparked fears that an exploit could be underway. Over $102 million worth of crypto has been withdrawn from Multichain’s Fantom bridge on the Ethereum side, as well as $666,000 from Dogechain and $5 million from Moonriver. Multichain likely hacked. Exit all multichain assets. Good idea to revoke approvals to multichain bridge if you had any — Curve Finance (@CurveFinance) July 6, 2023 On July 6, 7,214 Wrapped Ether (WETH) tokens (worth $13.6 million), 1,024 Wrapped Bitcoin (WBTC)…