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Blockchain U.S. television network TNT will air a ‘watch-to-earn’ quiz during ‘Inside the NBA’ during the next live show on Feb. 3 at 4 am UTC powered by ImmutableX, the gaming-focused Ethereum layer-2 chain. The online trivia game, ‘B/R W2E,’ from Warner Bros. Discovery Sports, will become a weekly feature during the Emmy Award-winning basketball show. “[B/R W2E] allows viewers to collect digital tokens to redeem free memorabilia and collectibles, giving them the opportunity to extend their fandom, and to enjoy their favorite show whilst being engaged in a new and exciting way. To start playing, fans simply scan the…

Ready Player Me has just introduced the eye-catching DRESSX Snake collection. Inspired by a snake’s ability to outgrow and shed their skins, the collection enables players to showcase a new identity and experiment with different colours. The snake-inspired digital wearables collection can be used in more than 2,500 virtual worlds. About the digital wearables collection The DRESSX Snake collection consists of six snake skins available to wear on Ready Player Me avatars. The skins give users access to over 2,500 virtual worlds, including Somnium. Furthermore, Metaverse Fashion Week will feature the exclusive collection. Best of all, the NFT collectors will…

NFT Coinbase NFT has denied rumors that it is shutting down its marketplace, saying it was only pausing creator drops on the platform, according to a Feb. 1 statement. The crypto exchange’s NFT platform said it made this decision to “focus on other features and tools that creators have asked for.” Coinbase did not explain why it paused drops to focus on tool development. The exchange has yet to respond to Crypto’s request for comment as of press time. Coinbase NFT sees little usage The exchange’s NFT platform has yet to see much success since its launch in 2022. The…

As bankruptcy proceedings continue, FTX and affected parties have requested subpoenas for information and documents from close relatives of former CEO Sam Bankman-Fried.A motion filed in the United States Bankruptcy Court for the District of Delaware seeks to glean valuable information from the likes of Gabriel Bankman-Fried and Barbara Fried, the brother and mother of the FTX founder.According to the filing, FTX and its debtors are pursuing estate assets belonging to the company and investors. However, not all Bankman-Fried’s inner circle has replied with requests for information. The filing indicated that legal representatives of Zhe “Constance” Wang, chief operating officer of…

NFT The on-chain NFT solution recently integrated on the Bitcoin network has so far sparked debate among proponents. The Bitcoin blockchain just witnessed the mining of a block close to 4MB in size amid concerns of network congestion triggered by the recently-introduced Ordinals NFTs. The project has caused a wrangle within the Bitcoin community, as some proponents support the approach, while others are vehemently opposing it. The unusually large block was mined yesterday, and first highlighted by Julio Monero, a Senior Analyst at CryptoQuant. Addressing the development on Twitter, Monero ascribed the large block size to the recently-introduced Ordinals NFT…

Only days after the launch of the Bitcoin (BTC)-based Ordinals protocol, its creator had to deal with their first shock pornographic image, which has been inscribed into the blockchain. On Feb. 2 at around 12:15 am UTC, an unsavory image known as “goatse” was inscribed onto the Bitcoin blockchain via the Ordinals protocol.It featured on inscription 668 and was live on the Ordinals’ front page for roughly half an hour before the image was removed. It still exists on the blockchain but is not able to be viewed using the Ordinals website.Ordinals creator Casey Rodarmor told Cointelegraph he acted quickly…

The English Premier League has signed a multi-year deal with $4.3 billion NFT gaming company, Sorare. Despite the current market decline, the 4-year deal with Sorare signifies the continued adoption of NFTs within the sporting world. The Paris-based startup said in a statement on Monday that will be able to purchase and use official Premier League-licensed NFTs. However, adding that it will include a financial fair play system that will prevent users from assembling all-star teams.“The way that supporters follow their favorite teams and players is evolving, and the Premier League is always looking for ways to engage with fans,” said…

NFT The non-fungible token (NFT) project by former U.S. President Donald Trump has helped its host network, Polygon, outsell Ethereum on the leading NFT marketplace OpenSea for the second straight month, according to transaction data. See related article:New Bitcoin protocol may shake up the NFT market Fast facts According to blockchain data aggregator Dune Analytics, there were 1.3 million Polygon NFTs sold in December and 1.5 million in January, while Ethereum’s numbers for those same months were 995,000 and 1.1 million. “Trump Digital Trading Cards” was Polygon’s top project by sales value, if not in individual sales, on OpenSea in…

A youtube account claiming to be the hacktivist group, Anonymous, shared a YouTube video stating several allegations against the Bored Ape Yacht Club (BAYC) NFT collection. The sole aim of the video is to clarify whether past racism accusations against BAYC were true. Currently, the video has over 14,000 views and counting. Anonymous accuse BAYC of racism, among others. In August, a video from an ‘allegedly false’ Anonymous Twitter account claimed BAYC NFT collection was the group’s next target.  What Accusations Did “Anonymous” Make Against Bored Ape Yacht Club? The account claiming to be the Hacktivist group said, “the Bored…

According to its chief technology officer, the company behind Tether (USDT), the world’s largest stablecoin by market capitalization, has never received any loan from the bankrupt cryptocurrency lender Celsius.Paolo Ardoino, the chief technology officer at Tether and Bitfinex crypto exchange, took to Twitter on Jan. 31 to announce that Tether has “never borrowed from Celsius.”The tweet came in response to the Celsius bankruptcy examiner report, which allegedly mistakenly implied that Tether was among Celsius’ borrowers alongside firms like Three Arrows Capital, which borrowed $75 million from the firm.Released on Jan. 31, the examiner report mentioned on page 183 that “Celsius’s loans…