Dolce & Gabbana USA Inc. faces a lawsuit from a customer who claims the non-fungible tokens (NFTs) he bought for $6,000, which included metaverse outfits, lost 97% of their value due to delivery failures by the luxury fashion house. The complaint, filed in Manhattan federal court, alleges the NFTs were promoted with various digital, physical, …
Dolce & Gabbana Sued Over $6,000 NFTs Losing 97% Value Leggi altro »
Michael Burry, an investor famous for making a fortune by anticipating the 2007 subprime mortgage crisis, made a sizable bet on physical gold. According to regulatory filings, Burry’s Scion Asset Management purchased over 440,000 Sprott Physical Gold Trust units, a closed-end fund that invests and holds its assets in physical gold bullion. Big Short’s Investor …
‘Big Short’ Investor Michael Burry Goes Hard on Gold, Invests $10 Million in Q1 Leggi altro »
The Ontario Securities Commission (OSC) announced on May 15 that two Ontario residents have been charged with offenses under the Criminal Code of Canada as part of Project Swan, a joint investigation by the Durham Regional Police Service (DRPS) and the OSC. Aiden Pleterski, self-proclaimed “Crypto King,” is charged with fraud over $5,000 and laundering …
Ontario ‘Crypto King’ Faces Major Fraud and Money Laundering Charges Leggi altro »
The Nigerian fintech firm Flutterwave claimed on May 16 that it had foiled an attempt to breach its payments platform. Flutterwave asserted that the “unauthorized activities inconsistent with usual customer behavior” did not compromise users’ funds or data confidentiality. According to one report, over $7 million was siphoned from Flutterwave following a cyberattack in April. …
Nigerian Fintech Firm Flutterwave Confirms Hacking Attempt, Says Users’ Funds Safe Leggi altro »
Rusty Russell, lead Lightning developer for Blockstream, is spearheading an ambitious initiative known as the Bitcoin script restoration project. This effort aims to restore and expand the functionality of Bitcoin’s script language, which was significantly limited in the early days of Bitcoin due to security concerns. In a recent interview with Bitcoin Magazine, Russell elaborated …
Blockstream’s Rusty Russell Wants To Revamp Bitcoin Script Leggi altro »
This article is featured in Bitcoin Magazine’s “The Inscription Issue”. Click here to get your Annual Bitcoin Magazine Subscription. Bitcoin has for most of its lifetime been seen as a monetary network, whereby users can send and receive the native token BTC. Given the tremendous price appreciation since its inception in 2009, the monetary good …
Project Spartacus: An Act of Solidarity For Julian Assange Leggi altro »
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