Author: Jeremy Ryan

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…

Classroom adoption of Bitcoin and cryptocurrency courses continue to skyrocket, with Texas A&M now being the latest United State College to offer a Bitcoin course to some of its 74,000+ students.The news was announced on Jan. 13 by Associate Professor Korok Ray of Mays Business School at Texas A&M, who will be teaching the “Bitcoin Protocol” course to students in the College of Engineering and Mays Business School when the Spring Semester starts on Jan. 17. I will be teaching the first ever Bitcoin class at Texas A&M this spring!— Korok Ray (@KorokRay) January 12, 2023 Ray stated in the…

In many countries, millions of people clack basic equitable access to the financial services that would allow them to meet their daily needs.On this week’s episode of NFT Steez, hosts Alyssa Expósito and Ray Salmond meet with Mashiat Mutmainnah to discuss how regenerative finance (ReFi) can provide more accessibility and inclusivity to blockchain technology. Mutmainnah explained that as a “mission-driven movement,” ReFi enables users to redefine their relationship with the current financial system and their relationship with finance and wealth.What if there were newer models that could sustainably alleviate this? According to Mutmainnah, ReFi can redefine what money means and how…

NFT The NFT industry is moving on from expensive JPEGs and knocking on the doors of a ticketing industry in dire need of reform. The NFT market has been in poor health since the Terra and Celcius collapse in the late Spring/early Summer of last year. Monthly volume fell from nearly $3.3 billion in May to just over $1 billion in June, according to DappRadar. Following the FTX crash, NFT prices dropped a further 15% in a single day. The contagion from the exchange’s collapse caused widespread panic about all blockchain-based products, including cryptocurrencies and NFTs. However, the 2022 market…