W3 Metaverse • DeFi • NFTs

2023-01-16 21:00:11 DOJ Investigating Solana’s Stablecoin Dex Saber Labs

Amidst many growing concerns regarding projects over Solana network, a new issue reported related to the same. People with familiarity with the matter stated the United States Department of Justice (DOJ) proceeded with the investigation over Saber Labs creator brothers, Ian and Dylan Macalinao. The platform is a stablecoin exchange based on Solana. The investigations are said to be the result of a report published in August noting the brothers duo created an interlocking financial products ecosystem by using eleven pseudonymous identities. These products are said to make the crypto deposits reach to double and even triple the count simply by passing on the tokens. Behind Solana’s bull run of 2021, this instance acted as a key factor.
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2023-01-16 14:00:10 In a very unusual move forsomeone who was recently arrested and is facing eight counts of U.S. criminal charges, Sam Bankman-Fried has started his own blog on Substack.
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2023-01-16 14:00:09 Donald Trump's NFT collection launched about a month ago, sold out within minutes, and reached a high of about 0.84 ETH ($995) on December 17th.

Sin then, it's been falling like a domino and is currently trading at just 0.16 ETH ($215), losing 99% of its sales number.

However, it's still more than double the original $99 mint price, representing a good profit for users who purchased one during its original mint.
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2023-01-15 21:00:08 Cryptocurrency firm Genesis has announced it has cut 30% of its staff as part of the second round of layoffs in less than just six months.

A spokesperson from the company said, "As we continue to navigate unprecedented industry challenges, Genesis has made the difficult decision to reduce our headcount globally."
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2023-01-15 21:00:07 PancakeSwap Leads with Daily Active Users - DAU

According to data from Token Terminal, a platform that aggregates financial data on the leading blockchains and decentralized applications (dapps), PancakeSwap is currently topping the charts for Daily Active Users - DAU. The achievement reinforces the dominance of the leading Decentralized Exchange (DEX) on BNB Chain after recently achieving over 50% dominance of the Total Value Locked (TVL) on the Aptos blockchain. PancakeSwap has also been live on Ethereum since September 2022, having earlier announced its plans for a potential multichain expansion.PancakeSwap is a Decentralized Exchange (DEX) built on BNB Chain. It offers users various features such as Liquidity Pools, Swapping, Yield Farming, Syrup Pools, Automated Market Maker, Initial Farm Offering (IFO), NFT profile system, and many others.
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2023-01-15 14:00:08 Based on a report by CNBC, citing an internal email obtained, Sports apparel and memorabilia firm Fanatics is selling a 60% stake in sports-focused NFT company Candy Digital to a group led by Galaxy Digital.

Galaxy Digital set up Candy Digital along with entrepreneur Gary Vaynerchuk and Fanatics in the middle of 2021 during a booming period for the sports NFT market. In Oct. 2021, Candy Digital raised $100 million in a Series A funding round at a $1.5 billion valuation.
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2023-01-15 14:00:07 OpenAI this week signaled it’ll soon begin charging for ChatGPT.

In an announcement on the company’s official Discord server, OpenAI said that it’s “starting to think about how to monetize ChatGPT” as one of the ways to “ensure long-term viability.”

The monetized version of ChatGPT will be called ChatGPT Professional.
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2023-01-14 21:00:10 Game of Thrones finally dropped their highly anticipated NFT launch, and it sold out in just 7 hours after its release on Nifty's NFT marketplace.

Many on Twitter are now complaining over the quality of the collection's art, especially when compared to the quality of the show's art direction and visuals.
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2023-01-14 21:00:09 New York's attorney general has sued Celsius Network founder Alex Mashinsky for defrauding investors of billions of dollars by concealing the failing health of his now-bankrupt crypto lending platform.
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2023-01-14 14:00:10 New York's attorney general has sued Celsius Network founder Alex Mashinsky for defrauding investors of billions of dollars by concealing the failing health of his now-bankrupt crypto lending platform.
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