Yuga Labs hasn’t confirmed or denied rumors that it is selling the IP rights to CryptoPunks, the world’s most valuable NFT collection. The floor price of the CryptoPunks non-fungible token collectibles increased 13% in three hours on rumors that its owner, Yuga Labs, might be “in the process” of selling CryptoPunks intellectual property rights. The…
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The US Securities and Exchange Commission alleges Musk violated US securities laws by failing to timely disclose that he owned over 5% of Twitter’s stock in early 2022. The US Securities and Exchange Commission has sued Elon Musk, saying the world’s richest man failed to disclose “he had acquired beneficial ownership” of Twitter in early…
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AI agents could launch their own brands, products, music and movies, driving value to social media platforms, the researchers wrote. Several artificial intelligence-based tokens have surged following a new Franklin Templeton report predicting that AI agents will revolutionize content generation on social media. “We can envision a future where AI agents revolutionize content generation on…
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Elon Musk’s social media platform X may take control of TikTok US and run the businesses together under one potential scenario reportedly being considered. Chinese officials are reportedly considering billionaire entrepreneur Elon Musk as a potential buyer for social media platform TikTok’s US operations if the platform is banned in America. The move could be…
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Fundstrat’s Tom Lee says those who buy Bitcoin around $90,000 now won’t “lose money” over the long term. Despite a warning from analysts that Bitcoin could fall under $70,000, the asset’s current $90,000 price tag remains a “good entry point” for long-term investors, according to Fundstrat Capital’s chief investment officer. “I don’t think anyone is…
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Donald Trump could issue executive orders addressing crypto de-banking and a bank accounting policy when he re-takes the presidency on Jan. 20. US President-elect Donald Trump’s first day back in the White House on Jan. 20 could see him sign a flurry of executive orders — some of which could impact the crypto industry. The…
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Donald Trump’s inauguration is just a week away, but key crypto legislation may take a little longer to come into effect, cautioned NYDIG. Donald Trump’s inauguration is just days away and the US president-elect has promised to overhaul crypto regulations, but the New York Digital Investment Group says that could be a way off. NYDIG…
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Millions of OpenSea user emails are now fully in the wild after the marketplace’s automation vendor leaked the emails in mid-2022. Over seven million email addresses compromised in an OpenSea email vendor leak in 2022 have recently been “fully publicized” online — giving scammers a new treasure trove of information to work with, warns a…
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Bitcoin has fallen 10% so far this month, but analysts say it has dropped between 25% and 30% in January in past post-halving markets. A major Bitcoin correction in the first month of a year after the blockchain sees a halving is historically not unusual, according to analysts who have compared previous cycles. “Bitcoin dumping…
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The compromised social media account is merely the latest in a string of hacking incidents on X over the last several months. Litecoin’s X social media account was briefly hacked on Jan. 11 by a scammer promoting a fraudulent Litecoin token on the Solana network. “LTC is now in Solana,” the hacker wrote in a now-deleted…
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