State Securities Regulators Ban Sales of Metaverse Casino NFTs
Texas and Alabama Securities Regulators have ordered Sand Vegas Casino Club to stop selling NFTs that offer a percentage of earnings from casinos on Metaverse platforms. Sand Vegas Casino Club is purchasing land in Decentraland and the Sandbox with some of the proceeds from the 11,100 “Gambler” NFTs. The NFT holders will be able to share […]
Elon Musk Offers To Buy Twitter
Elon Musk, the CEO of TESLA, an electric carmaker has made a cash bid to buy Twitter for $41.3 billion. Following Musk’s announcement, Twitter’s stock jumped more than 12% in pre-market trade. Elon Musk purchased a 9.2 percent interest in Twitter for an estimated $2.89 billion earlier this month, shortly after announcing his appointment to […]
Pantera Capital Set to Close Blockchain Fund Worth $1.3B
Pantera Capital has announced plans to close its first Blockchain Fund in the next three to four weeks with around $1.3 billion in committed capital. That is more than double the $600 million target the firm set when it started fundraising last November. The company announced last month that pledges had reached $1 billion. The fund […]
FBI Apprehends Virgil Griffith for Breaking Sanctions
The Federal Bureau of Investigation (FBI), has arrested an Ethereum developer Virgil Griffith after breaking sanctions against North Korea, He was formally sentenced earlier today. Griffith spoke at the controversial event in North Korea, which was attended by journalist Ethan Lou, author of Once a Bitcoin Miner. For Griffith’s sentencing, he was asked to provide a statement, […]
KOTKET Launches Move2Earn NFT Gaming Platform
KOTKET has announced the release of its Move2Earn NFT gaming platform’s first beta version. Gamers can begin playing the game entirely on the website. KOTKET is a 2021 project that began in the first quarter. KOTKET will be a “Hidden Gem” in the GameFi community after more than a year of preparation, from the idea to […]