Author: Jeremy Ryan

South Korean prosecutors have requested an arrest warrant for the former CEO of Tmon, a Korean e-commerce platform, after taking billions of South Korean won in Terra (LUNA), now known as Terra Classic (LUNC), for promoting Terra as a simple payment gateway. Seoul prosecutors requested an arrest warrant on the former CEO of ecommerce giant Tmon for allegedly receiving bribery from Terra cofounder Daniel Shin in exchange for promoting Terra as a payment method, the Seoul Southern District Prosecutors Office confirmed with me via text.— Danny Kunwoong Park (@ParkKunwoong) February 15, 2023 Media outlet Dong-A Ilbo reported that the head of…

NFT Starbucks Odyssey, the coffee chain’s NFT-driven rewards program built on Ethereum scaling network Polygon, is still in closed beta—but early adopters are already flipping the NFT stamps for nearly $2,000 apiece. Since the beta launch of Starbucks Odyssey in December, its stamp NFTs have seen 360 total sales on Nifty Gateway’s official secondary marketplace, with over $143,000 in total volume traded. That relatively low number is to be expected, considering only a limited number of users have been allowed in from the waitlist, and the company has only released four NFT drops in total. But what is surprising is…

Blockchain TangleHUB recently joined forces with node provider DLT(dot)GREEN. Their partnership will expand PIPE’s decentralized storage to reach across Europe. TangleHUB, a software development company, announced its partnership with DLT(dot)GREEN, a decentralization-focused node pool. Their partnership aims to expand TangleHUB’s decentralized storage solution, PIPE, across Europe and provide more users with secure and efficient storage solutions. TangleHUB partners with https://t.co/u9sgWXy72u to expand their decentralized storage solution, PIPE, throughout Europe! With 75 powerful nodes now in place, the network’s reliability and stability is even stronger, paving the way for more secure and efficient storage solutions. pic.twitter.com/8VjHZiMP2z — TANGLEHUB (@Tanglehub_eu) February 14,…

According to a new twitter post on Feb. 16, e-commerce platform eBay’s nonfungible tokens (NFT) marketplace KnownOrigin will launch creator smart contracts for its artists. With the new contract, artists will be able to split earnings and earn royalties as co-creators. As told by KnownOrigin, users have been testing its Creator Contract beta release for the past few weeks, with 84 contracts thus far deployed and 250 edition of NFTs minted. From Feb. 24 onwards, all approved creators on KnownOrigin will be able to deploy and mint work on their own contract for public release. Deployment will not require coding knowledge.Last…

Illuvium recently dropped an announcement about Illuvium Beyond, a combination PFP collection and NFT gathering game. Now they unveil more details about their plans for this fourth layer of the ever growing Illuvium universe! Illuvium continues to expand their offerings, bringing Illuvitars and a new game, Illuvium Beyond, to a website near you! You can read the full official post here, but I’ll try and sum up and cover all the key points here. Illuvium Beyond centers around Illuvitars. These are collectible, PFP type NFTs, that can be customized! Illuvitars are hand-drawn representations of Illuvials from the Illuvium world. They…

As reported by a local publication on Feb. 15, Korean financial authorities are looking into the staking services market. However, as the unnamed official specified to the journalists:The fears of the crypto community about the possible repercussions of the recent court deal between the United States Securities and Exchange Commission (SEC) and Kraken are starting to materialize. Following their American counterparts, South Korean regulators intend to examine the crypto-staking operators in the country. “The position is that there is nothing to be a problem because nothing has been done.”No details on the timeline and methods of the examination were provided, but…

NFT NBA Top Shot, the officially licensed basketball NFT platform that has generated more than $1 billion in sales to date, is headed to mobile with the launch of smartphone apps through Apple’s iOS App Store and Google’s Android Play Store. For NBA Top Shot users, the native apps aim to provide a smoother way to access and buy digital collectibles on the go. But for creator Dapper Labs, which developed the Flow blockchain and also runs platforms like NFL All Day and UFC Strike, it’s the first step in the company’s transformation into a mobile-first Web3 company. “The NBA…

A bi-partisan Anti-Money Laundering (AML) bill that covers “decentralized entities” such as decentralized finance (DeFi) protocols and decentralized autonomous organizations (DAOs) will soon be reintroduced to Congress, according to United States Senator Elizabeth Warren.Warren, a vocal crypto critic, argued at the Feb. 14 Senate Banking Committee’s hearing entitled, “Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets,” that the crypto community wants decentralized entities running on code to be exempt from AML requirements:“In other words, they want a giant loophole for DeFi written into the law so they can launder money whenever a drug lord or a terrorist…

Blockchain Pharmacy visitors expect quick service – to have their prescription filled quickly, or over-the-counter remedy purchased in just a few minutes. In this rapid interaction, little thought goes to the journey of that medicine from a microscope slide to mass production. In reality, the drug discovery process is incredibly time and research-intensive. Despite significant advancements in manufacturing and discovery, the average time to bring a drug from the initial stage to market is 10-15 years and costs millions of dollars. Emerging technologies are transforming healthcare and drug discovery. Artificial intelligence, for example, is doing the “dirty work” of drug…

While cryptocurrencies have been quite the rage over the past couple of years, nonfungible tokens (NFTs) have risen as an alternate asset class within the cryptocurrency ecosystem. This ecosystem is revolutionizing the world of art and gaming, among a host of other industries.Serving as a digital certificate that proves a collectible’s authenticity, NFTs also provide investors with proof of ownership and utmost security, aspects that have been instrumental in their proliferation as the future of representing real-world objects in the virtual world.As a result, NFTs are gaining increasing popularity among crypto investors looking to invest in metaverse platforms, with many…