Normie Coin Apologizes for Controversial Promotional Video
Normie, a base chain meme coin, has issued a public apology after releasing a promotional video that included a depiction of suicide, sparking significant backlash from the cryptocurrency community. The controversial video, which has since been deleted, featured the Normie character committing suicide, being buried, and then having a conversation with a God-like figure who […]
Bitcoin Blockchain Congestion Linked to OKX Exchange Activity
Bitcoin users currently face high transaction fees and delays, an issue attributed not to the usual suspects like tokenization protocols but to activities related to OKX, a major Seychelles-based cryptocurrency exchange. According to data from mempool.space, a medium-priority Bitcoin transaction now costs around $34.08 due to a massive backlog exceeding 333,400 unconfirmed transactions. Typically, fee […]
Controversy Swirls Around $237 Million Arbitrum Gaming Proposal
The Arbitrum ecosystem, a prominent layer 2 blockchain network, is currently embroiled in a contentious debate over a substantial $237 million program aimed at catalyzing the gaming industry. This initiative, approved through an onchain proposal, would allocate 225 million ARB tokens to attract builders and players, intending to expand adoption within the gaming sector. Despite […]
US Charges Three UK Nationals in $2.7 Million NFT Rug Pull Scam
The US Attorney’s Office for the Southern District of New York has announced charges against three UK nationals for their involvement in a 2021 NFT rug pull scam. The individuals, Mohamed-Amin Atcha, Mohamed Rilaz Waleedh, and Daood Hassan, all aged 23, face serious allegations of wire fraud and money laundering, with each count carrying a […]
Sky Mavis Launches Ronin Forge to Boost Crypto Gaming
Sky Mavis, the developer behind the Ronin sidechain network on Ethereum, has unveiled a new initiative, Ronin Forge, aimed at fostering innovation in the crypto gaming sphere. Announced on Thursday, this early access program is designed to support up to six gaming studios with grants and infrastructure to develop “experimental” crypto games on the Ronin […]
The Sandbox Hits $1 Billion Valuation, Joins Crypto Unicorns
The Sandbox, a leading Ethereum-based metaverse game platform, has achieved a significant milestone by securing $20 million in convertible promissory notes, propelling its valuation to a formidable $1 billion. This recent financial boost places the platform among the elite ranks of crypto “unicorns” — a term reserved for startups exceeding a billion-dollar valuation. This latest […]
Hamster Kombat Skyrockets on Telegram, Eyes Token Launch
Hamster Kombat, a Telegram-based game, has captivated a massive audience with its recent explosive growth in player numbers, mirroring the success of the crypto gaming hit Notcoin. As anticipation builds for its upcoming token launch on The Open Network (TON), the game’s developers have just shared significant milestones and hinted at a launch date for […]
Solana Sets Record with Massive Token Launches
Last month, the Solana blockchain witnessed an unprecedented surge in token launches, setting a new record for the platform. Nearly half a million tokens were launched on Solana in May, significantly surpassing the activity on other major platforms like the Ethereum layer 2 network, Base. Specifically, Solana saw the creation of 455,000 tokens, more than […]
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