A 71-year-old digital artist in India fell victim to scammers pretending to be an NFT art dealer. A local news article states that Shivaprasad R, a certified chartered accountant, was defrauded out of INR 1,58,000 (around $1,895) by individuals who deceitfully promised to purchase his artwork. Shivaprasad is a skilled artist whose artwork has been … Read more
USDT on The Open Network (TON), the leading stablecoin by market size, has begun operations smoothly with an initial issuance of around $60 million in USDT tokens. At Token2049 in Dubai, held only two days ago, Tether unveiled its partnership with the TON Foundation. USDT Off To Stellar Beginning On TON With a market value … Read more
A large number of individuals continue to keep their funds in the bank, oblivious to the fact that it’s akin to sitting on an ice cube that gradually melts. In contrast, Bitcoin represents real money, as it is limited in supply and not subject to being produced at will by central banks. Sooner or later, … Read more
Approximately $1.9 billion worth of locked Solana (SOL) tokens from the FTX estate are set to be sold to firms such as Galaxy Digital and Pantera. Mike Cagney, Figure CEO, has confirmed this transaction will occur via an auction, yet he has not provided further details. Just got confirmation that the next round of locked … Read more
Midas, a Turkish investment start-up, has obtained $45 million in financing from Portage Ventures of Canada for introducing cryptocurrency offerings. Midas, the popular retail investing app based in Turkey, announced in a statement that they have successfully secured $45 million in investments from various backers. This funding will be used primarily to broaden their services, … Read more