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NFT marketplace Opensea lets go of 20 percent of its staff
The CEO blamed the combination of a “crypto winter” and economic instability.
‘Axie Infinity’ is back open for business following $625 million hack
In a blog post, the company described a new “circuit-breaker” system designed to flag “large, suspicious withdrawals,” withdrawal limits and human reviewers. It also promised players that a new land staking feature will be released later this week.
The Wikimedia Foundation won't accept crypto donations anymore
The Wikimedia Foundation has confirmed that it will no longer accept Bitcoin or other forms of crypto.
Hackers steal $97 million from Japan's Liquid crypto exchange
Hackers have stolen almost $100 million in cryptocurrency from digital wallets held by Japan's Liquid exchange.
Real-life 'Disaster Girl' turns her meme into a $500,000 NFT
The “Disaster Girl” photo that sparked a thousand memes is the latest to make it big all over again as an NFT.
Remastered 'nyan cat' art sells for the equivalent of $605k
Someone paid the equivalent of more than $600k to own a high-quality recreation of the 'Nyan Cat' art.
UNICEF now takes bitcoin and ether donations
UNICEF, the United Nations' charity that helps underserved children around the world, now accepts donations in bitcoin and ether. As the first UN organization to embrace cryptocurrencies, UNICEF and the recipients of its funding will benefit from the lack of fees that result from money being transferred overseas. Plus, donors will presumably be able to see how their contributions are disbursed to various initiatives.
Bitcoin's terrible 2018 doesn't bode well for the future of crypto
If someone approaches you saying that they have a way to get rich, quick, without any effort, then they're scamming you. If you don't believe me, then ask yourself this: If someone gave you a winning lottery ticket, would you hand it over to someone on the street? People get itchy when it comes to paying their taxes, let alone handing out bagfuls of cash on the sidewalk.
The weird, wild and expensive world of blockchain art
Is it still shocking in 2018 to see someone drop more than $50,000 on a digital playing card? Well, that's what happened when Gods Unchained, a blockchain-based digital card game, wrapped an auction on its rarest card to date: the Hyperion Mythic card. It sold for 146.279 ETH, which was worth about $54,000 at the time. If that doesn't shock you, how about the fact that a digital trading card of Elon Musk is currently on auction for about the same price?
New York to investigate cryptocurrency exchanges
As the SEC and other US regulators look for ways to deal with cryptocurrency, New York is taking a step forward. The state's attorney general, Eric T. Schneiderman, sent letters to 13 virtual currency exchanges on Tuesday that request specific disclosures about how each company manages its business.
Armed robbers steal $1.8 million worth of cryptocurrency
The Manhattan District Attorney has charged a man with robbery and kidnapping after he swiped a digital wallet containing a fortune in ethereum cryptocurrency. Louis Meza and an associate allegedly held up the victim at gunpoint after luring him into a vehicle, then stole his keys, wallet and cellphone. Meza used the keys to enter the victim's apartment and make off with his digital wallet. Shortly afterwards, he transferred $1.8 million in "ether" cryptocurrency to his own wallet.
