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Waning interest in a North Hollywood crypto-themed homeA crypto-friendly house in North Hollywood, Los Angeles, is seemingly struggling to sell, as the property has seen its price reduce three times in a little over four months.The so-called “Cryptohouse,” as stated on the glowing neon sign in its kitchen, was listed for sale at $1.2 million in October 2022. As of Jan. 5, its asking price is now $949,000.The impressive custom neon sign never lets you forget just where you are. Image: ZillowThe four-bed, three-bath home sees the listing agents boasting in the property description of its spacious and flowing floor…

According to information technology (IT) industry sources, on January 17, Oh Seung-heon, CEO of Neowiz Holdings, is visiting Abu Dhabi, the capital of the UAE, as a Korea-UAE economic delegation to seek cooperation with local government agencies and companies in the blockchain business. Neowiz Holdings is seeking cooperation in the global business of NEOPIN, a blockchain open platform developed by its subsidiary Neofly in the UAE. Oh Seung-heon is also the CEO of Neofly. Neofly has been preparing for a long time to target the global market with the Middle East as a bridgehead, and it is rumored that this…

Blockchain Oracles are an absolute necessity for the development of better and more useful blockchains and understanding their roles in the crypto universe and in the stock market can lead to a better understanding of where tech and finance are going in the future. As advanced blockchains use smart contracts (agreements on the blockchain which only execute if certain conditions are met), the role of oracles is quickly becoming more and more important, but can they take the stock market to a completely new level? Understanding How Smart Contracts Work Smart contracts have gone from simple lines of code which…

Siika Mileva, a spokesperson for Bulgaria’s chief prosecutors, has denied political motivations behind the probe against the crypto lending firm Nexo, according to local reports. The comments were made in response to claims that the investigation had a connection to the company’s political donations.Almost all cases where a prosecution launches an investigation that affects someone’s financial interests results in attacks and accusations, Mileva said. “It has become a national sport to attack the institutions,” he added.On Jan. 12, a group of prosecutors, investigators and foreign agents searched the company’s offices in the Bulgarian capital city of Sofia. The operation targeted…

NFT The Bugatti Group announced a Major Giveaway in partnership with the Shiba Inu team, specifically targeting the Shiba Inu Community. Bugatti Group, a top manufacturer and supplier of branded luggage, handbags, and bags has recently announced a Major Giveaway in collaboration with the Shiba Inu team. As per the statement made, people who are fans of Shiba Inu, have an opportunity to win a prize that includes one Shiba Inu token x Bugatti NFT and custom-made cross-body luggage valued at $300. ????MAJOR GIVEAWAY ????Earn the chance to win 1 @Shibtoken x @bugattigrp NFT & physical custom cross body luggage…

Blockchain Simply trading carbon credits, on the blockchain or otherwise, won’t solve a lot for the environment as companies must understand why they’re using them and how to make a real impact, carbon blockchain executives argue. During a panel session in Davos, Switzerland, moderated by Cointelegraph’s editor-in-chief Kristina Lucrezia Cornèr on Jan. 16, several executives from carbon blockchain platforms spoke about the increasing interest from companies in carbon trading. Karen Zapata, the COO of carbon blockchain platform ClimateTrade, said that sustainability had been a “trending topic” with many companies keen to get involved, but said that many still don’t understand…

An NFT influencer claims to have lost “a life-changing amount” of their net worth in nonfungible tokens (NFTs) and crypto after accidentally downloading malicious software found via a Google Ad search result. The pseudo-anonymous influencer known on Twitter as “NFT God” posted a series of tweets on Jan. 14 describing how his “entire digital livelihood” came under attack including a compromise of his crypto wallet and multiple online accounts.Last night my entire digital livelihood was violated. Every account connected to me both personally and professionally was hacked and used to hurt others. Less importantly, I lost a life changing amount…

The case of LBRY highlights a wave of renewed regulatory pressure that could affect both blockchain token-issuing companies and their investors.In November, an over year-long court battle between the United States Securities and Exchange Commission (SEC) and blockchain development company LBRY and its LBRY Credits (LBC) token culminated in the ruling of the token as an unregistered security, despite the company’s argument of its use as a commodity within the platform.The court’s decision in this case sets a precedent that could influence not only the regulatory perception of blockchain-based platforms, but cryptocurrencies as well.The old HoweyOld standards don’t always apply…

Former FTX US President Brett Harrison has lashed out at Sam Bankman-Fried for manipulating and threatening colleagues who proposed solutions to reorganize FTX US’ management structure. Harrison shared his experiences with Bankman-Fried and FTX US on Jan. 14, explaining how he was hired “casually over text” in March 2021 after working together at New York-based trading firm Jane Street for a few years.But six months into Harrison’s tenure at FTX US, “cracks began to form” between the two, he said.Despite recalling Bankman-Fried to be a “sensitive and intellectually curious person” at first, Harrison said he saw “total insecurity and intransigence” in…

YouTuber Logan Paul has unveiled a $1.5 million recovery plan for the people who invested in his beleaguered nonfungible token (NFT) project CryptoZoo.Announcing the move in a video shared via Twitter on Jan. 13, Paul reiterated that he is no longer looking to sue fellow YouTuber Coffeezilla for defamation over accusations he made in a critical series of videos on Paul’s NFT project.My 3-step plan for CryptoZoo, including a $1.3M rewards program for disappointed players.Thank you, @coffeebreak_YT pic.twitter.com/xFX017UHoc— Logan Paul (@LoganPaul) January 13, 2023 As such, Paul emphasized that he is instead focused on fixing CryptoZoo, delivering on the roadmap…