Crypto

Nike closes its NFT company, says it's a “new chapter”

Three years after sporting apparel giant Nike bought the NFT company RTFKT, it’s now closing it down.
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After eating $6M art piece, crypto mogul plans 100,000 banana project

As promised, crypto mogul Justin Sun ate the art piece he acquired for $6.2 million – a banana taped to a wall – and is now working on a 100,000-banana donation project.
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Losses from crypto hacks and fraud keep falling in 2024

Crypto losses from hacks and rug pulls dropped once again in November, and this year's total loss continues to trend downward.
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'Historic' bug bounty as decentralized crypto exchange prepares upgrade

Uniswap Labs, the developer of Uniswap, one of the largest decentralized crypto exchanges, has offered a $15.5 million bug bounty to coders who can identify vulnerabilities in the platform's upcoming new version.
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Memecoin factory Pump.fun forced to act as memecoiners lose their minds

Only a backlash from the crypto community and possible legal action forced the meme coin launch platform Pump.fun to turn off its livestream function as memecoiners got violent with shocking videos.
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Bitcoin millionaire hides BTC and rare Pokémon cards in $2M treasure hunt

A bitcoin (BTC) investor claims that he has hidden over $2 million worth of treasure, including an unspecified amount of BTC, across the country.
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Crypto mogul Justin Sun strikes again with $6.2M banana art deal

Justin Sun, a colorful and controversial crypto figure known for numerous costly publicity stunts, has acquired a $6.2 million art piece – a banana taped to a wall.
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What Trump’s presidency might mean for bitcoin and crypto in the US and globally

Although Trump dismissed bitcoin technology during his first term and his administration proposed a controversial regulation to surveil crypto users, this time he has endorsed bitcoin, pledging to support this technology and foster growth in the US crypto industry.
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Wife of Bitfinex hacker receives lighter sentence, “excited” to share her story

The US District Court for the District of Columbia has announced its second sentence in the Bitfinex hack case. It sentenced Heather Morgan, 34 – also known as "Razzlekhan" and the "Crocodile of Wall Street" – to 18 months in prison, precisely as prosecutors recommended.
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Hacked crypto project Thala agrees to $300K bounty, recovers $25M

DeFi project Thala Labs reportedly managed to negotiate the return of stolen millions with its hacker in less than six hours.
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Ten billion dollar crypto theft lands hacker five years sentence

The first of two sentences related to the infamous hack of the Bitfinex crypto exchange in 2016 was announced yesterday, with the second expected next Monday.
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Law enforcement keeps raiding the homes of high-profile crypto players

After the co-founder of a popular crypto exchange had his home raided by US law enforcement, the FBI also searched the home of Shayne Coplan, the CEO of Polymarket, a leading prediction markets platform that found itself entangled in conspiracy theories during the US presidential election.
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Dogecoin drops as Trump appoints Elon Musk to co-lead DOGE

The price of the largest and oldest meme coin, dogecoin (DOGE), dropped today after Donald Trump confirmed that Tesla CEO and DOGE enthusiast Elon Musk will co-lead the Department of Government Efficiency (also referred to as DOGE).
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Bitcoin at $90,000 gates, flips silver as sellers hold back

This morning (UTC time), BTC is trying to break the $90,000 price level for the first time in its history.
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Kidnapped crypto CEO released for $1m ransom

Rising cryptoasset prices may not only encourage scammers but also prompt more physical attacks.
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Bitcoin hits new all-time high as Donald Trump nears White House

All signs are pointing to a victory for Republican Donald Trump in the US presidential election and the price of bitcoin (BTC) has hit a new all-time high. Multiple altcoins have also rallied.
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US enters election day with Trump increasing lead in prediction markets

As the Republican candidate seeks a second term in the White House, Donald Trump has once again widened his lead in prediction markets.
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Trump-backed crypto project fails to take off

Trump-backed WLF appears to be a huge flop, with no clear information on what might happen next.
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