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Aug 19, 2024 | 
cryptonewsz.com | Vignesh Karunanidhi |Harsh Chauhan |Scott Cook
A U.S. court has issued a mixed ruling in a class action lawsuit against basketball legend Shaquille O’Neal. The case was centered on O’Neal’s involvement with the Astrals NFT project. The court order has seen one allegation dismissed while another moves forward. Defining Celebrity Responsibility in Crypto PromotionsThe U.S. District Court for the Southern District of Florida, Miami Division, has drawn a line between different levels of involvement in crypto projects.
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Aug 7, 2024 | 
cryptonewsz.com | Florence Muchai |Scott Cook |Trevor Holman
The world’s first immersive drama, Decode: Legacy, created by HashKey Capital, will premiere on September 17 at Singapore’s oldest hotel, Raffles.
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Jun 25, 2024 | 
cryptonewsz.com | Scott Cook
The EU’s Markets in Crypto-Assets Regulation (MiCA) stablecoin rules are scheduled to take effect in just over one week. However, Berlin-based RWA tokenization platform Swarm Markets has identified a potential solution by issuing a gold-backed NFT as an asset-backed token. Swarm Markets intends to enable individuals to acquire NFTs, which represent tangible gold ownership. There will be a London-based Brink’s vault where the gold bars that support the tokenized assets will be stored.
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Jun 24, 2024 | 
cryptonewsz.com | Scott Cook
Eleanor Hughes, the General Counsel of Binance, recently interacted with the media to talk about the challenges she is facing in the crypto world. She has covered the grounds under a dispute with the Nigerian authorities and strict monitoring by the US authorities. While she has not pinned a trigger point, it is right to assume that things went south when Changpeng Zhao, the Co-Founder of Binance, stepped down from his position, and the company faced a penalty worth $4.3 billion.
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Jun 17, 2024 | 
cryptonewsz.com | Scott Cook
Base, which is a Coinbase nurtured Ethereum layer 2 network, is now a fiery competitor in the Ethereum rollup scenario, gaining an enormous user base via SocialFi apps, on its platform, like Friend.tech, Aerodrome, a sought-after decentralized exchange and Moonwell, a lending protocol. It also initiated the mining of its genesis block.
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Jun 17, 2024 | 
cryptonewsz.com | Scott Cook
Rumors doing the rounds regarding a possible settlement by the SEC is creating the oscillation of XRP price reaching $0.5049, to go south almost immediately. Previously too, the price lowered by 0.27%, from the figure of 3.50%, finally standing at $0.4892, following a further decline by 1.77%. Investors are awaiting the SEC’s verdict on Ripple’s notice on supplemental authority.
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May 29, 2024 | 
cryptonewsz.com | Scott Cook
The Sandbox has announced the launch of The Sandbox DAO, its global community. In order to determine the future of the open metaverse, the corporation encourages citizens to propose and participate in governance decisions. Built on blockchain technology with Web3 components and NFTs, The Sandbox ecosystem has more than five million users and aspires to be owned and operated by the community it serves. The company has delivered The Sandbox DAO for the upcoming open metaverse.
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May 20, 2024 | 
cryptonewsz.com | Scott Cook
BNB has hit a near resistance of $586 and is now trading at around $580. The next best support for the crypto is at $576; falling beneath that margin would potentially open the door for a further fall. The current dip is below the 4-hour 100 Simple Moving Average. To mark a rebound, BNB must stay above $570. This is surprisingly in contrast with Ethereum and Bitcoin. Both cryptos are up by 0.22% and 0.13% in the last 24 hours, respectively.
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May 13, 2024 | 
cryptonewsz.com | Scott Cook
Shibarium, a platform specially designed for the Shiba Inu community running on Layer-2 Blockchain technology, has seen a sharp increase in its transaction fees in the recent past. Data from Shibariumscan shows that the costs have increased by 267% in just one day, from 11.57 to 30.98 BONE. This surge could be attributed to the network’s growing activity and investors’ attention.
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Mar 21, 2024 | 
cryptonewsz.com | Scott Cook
A new trend demonstrates that tokenizing real-world assets could be the key to unlocking new opportunities. These pertain to investment and enhancing liquidity in the market. Most importantly, tokenizing real-world assets by backing them with blockchain technology is emerging as a way to expand access worldwide, allowing traders to own a piece through their investments fractionally. Intermediaries play a role in the industry but also uptick the overall cost. Thereby making the process expensive.
