The new game, launching in the next few weeks, will allow players to assemble mechs, or giant robotic characters, using collectible NFT parts that can be moved around to create “1.5 quadrillion” different combinations. To start, players will need to mint a mech NFT, comprised of 10 mech parts that can be found inside boxes sold to those on the Wreck League allowlist. Source
Since adopting its bitcoin strategy, which is to convert all of its earnings from its core software intelligence business into bitcoin, the company has generated a 254% return, outperforming the cryptocurrency, which has risen 145% since then, according to a research report from TD Cowen. Original
The New York Times has submitted a filing in the criminal case against former FTX CEO Sam Bankman-Fried (SBF), arguing the court should defend First Amendment rights by allowing certain parties to provide information to members of the media. In an Aug. 2 letter to Judge Lewis Kaplan of United States District Court for the Southern District of New York, NY Times vice president and deputy general counsel David McCraw expressed concerns about the gag order placed upon Bankman-Fried and what participants in his criminal trial were allowed to say…
New York Resident Ilya Lichtenstein Admits to Being Bitfinex Hacker in Court Appearance: CNBC Source
The issue was first identified on Aug. 2. Crypto developers monitor payments glitches on major platforms partly because a key premise of the blockchain industry is to build infrastructure that improves on the current options. Source
According to data released by the Ukrainian government, cryptocurrency firms offering services in Ukraine have failed to contribute over $81 million in taxes to the country’s budget in the past decade. This comes after the country passed a crypto bill into law in 2022 that amends its tax code to allow the country to generate taxes from cryptocurrency transactions. A Huge Loss In Revenue For Ukraine In a notice released on Wednesday, the Economic Security Bureau of Ukraine stated that unrelated cryptocurrency exchanges were responsible for the loss of approximately…
The creator-focused platform charges collectors a flat minting fee of 0.000777 ETH (about $1.40) per NFT minted. Beginning on Thursday, Zora will automatically split funds earned from its mint fees with creators, providing them with a larger slice of the pie in the hopes of incentivizing more creators to release projects on its site. Source
Wolrdcoin, which was co-founded by Sam Altman, CEO of ChatGPT developer OpenAI, is an identity and cryptocurrency protocol that uses iris scans to verify users. The company has designed its own hardware, known as the Orb, to do so, and claims that the biometric data doesn’t leave the device and is erased, unless users consent to Worldcoin holding onto it. After the project’s launch in July, Orb-verified users could receive airdrops of the Worldcoin token. Source
The crypto exchange listed the Hong Kong-regulated First Digital’s FDUSD stablecoin last week. Original
Ripio users in Argentina, where annual inflation is running at 115%, are already able to purchase the UXD stablecoin, also called Criptodólar, the company said Thursday. The stablecoin, which is also available in Brazil, is hosted on LaChain, a Latin America-focused layer 1 blockchain launched in June by Ripio in collaboration with SenseiNode, Num Finance, Cedalio and Buenbit, among others. Source