DIGIT INFO

Magic Internet Money token depegs as Terra (LUNA) domino effect persists

Citing an insider scoop, Autism Capital claimed that Abracadabra accrued $12 million in bad debt as a direct result of Terra’s sudden downfall, which has been refuted by founder Daniele Sestagalli.

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Virtual Currency-Based Sale Agreement an Invalid Contract, Chinese Court Rules

A virtual currency cannot be circulated in the market as a currency, therefore a vehicle sale contract wherein parties agreed that the buyer would pay with a privately issued digital currency is invalid, a Chinese court has ruled. The court asserts that a virtual currency does not have the same legal status as national fiat […]

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Value Locked in Defi Slips to $74 Billion, Top Smart Contract Tokens Down Over 70% This Year

Decentralized finance (defi) has been hit hard by the recent crypto market rout as the total value locked (TVL) across 118 different blockchains has slipped below the $100 billion mark to today’s $74.27 billion. The TVL in defi today is down more than 70% from its December 2, 2021, all-time high (ATH) at $253.91 billion. […]

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Healthy Dicks Launches Multi-Colored Penis NFTs To Support Men’s Health

Summary: Men’s health charity, Healthy Dicks, are launching a free creative art campaign of NFT penises to those lucky enough to grab one (or more), raising funds for prostate and testicular cancer research. The organization Healthy Dicks has announced that they will be releasing 5,000 free “dick-based” NFTs to the public out of a 10,000 collection, with 50 percent of all trading royalties/ sales going toward prostate and testicular cancer research and mental health support for men. The NFT market is known for creative concepts but very few promote relevant humanitarian causes, Health Dick’s vision is to increase the spread

The post Healthy Dicks Launches Multi-Colored Penis NFTs To Support Men’s Health appeared first on The Merkle News.

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SEC, State Regulators Probe Crypto Lender Celsius Over Accounts Freeze

SEC, State Securities Regulators Probe Crypto Lender Celsius Over Accounts Freeze

The U.S. Securities and Exchange Commission (SEC) and several state regulators are reportedly investigating the decision by crypto lender Celsius Network to freeze withdrawals. U.S. Securities Regulators Investigate Celsius’ Withdrawal Freeze The U.S. SEC and securities regulators in Alabama, Kentucky, New Jersey, Texas, and Washington are investigating the decision by crypto lender Celsius Network to […]

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Revoland Holding IDO on EverStart

PRESS RELEASE. EverStart, a DAO-controlled multi-chain launchpad built on the Everscale blockchain network and Revoland, a blockchain-based MOBA & Battle Royale video game, are partnering for an initial DEX offering. In the IDO, participants will be able to acquire REVO, a governance token that provides a payment and settlement method to interact with Revoland’s ecosystem. […]

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Kenyan Law Enforcement Agency Arrests Two Students Accused of Using Stolen Funds to Buy BTC

Two Kenyan students accused of hacking credit cards and using the ill-gotten funds to buy bitcoin have been arrested by the Directorate of Criminal Investigations, a statement from the law enforcement agency has said. After converting the cryptocurrency to local currency, the two students would use the fraudulently acquired funds to sustain their lavish lifestyle. […]

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