Crypto exchange Binance’s nonfungible token (NFT) arm announced the launch of its artificial intelligence (AI) NFT generator that lets users produce custom artworks using AI technology.  On July 26, Binance NFT said its AI NFT generator dubbed “Bixel” is now permanently available for its users. According to the trading platform, the tool allows users to generate unique digital art and […]

Social media platform Reddit continues exploring digital collectibles despite a significant downturn in the non-fungible tokens (NFT) industry. According to an official announcement on r/CollectibleAvatars, Reddit will drop its latest series of collectible avatars on July 26. According to social media reports, the new drop will be launched at 3:00 pm Eastern Time. Titled “Retro Reimagined,” Reddit’s new collectibles drop […]

Singapore’s High Court has made a legal recognition, declaring crypto as a property that can be held in trust. The case in question involved the Seychelles-based exchange Bybit and a contractor, Ho Kai Xin. Bybit accused Ho of breaching her employment contract by misusing her position to transfer over 4.2 million USDT (a stablecoin issued by Tether) to addresses under […]

Binance Coin bulls have shown signs of sluggishness, leading to a concerning dip below the crucial $240 support level. This downward movement suggests that bearish forces may be gaining dominance in the near-term market outlook. Currently, BNB is shaping an intriguing chart pattern known as the inverted flag. Amidst the recent market turbulence, BNB’s price has experienced a 0.2% dip […]

The National Crime Agency (NCA) of the United Kingdom is hiring two blockchain investigators for its newly-formed digital assets team within the Complex Financial Crime Team (CFCT) to tackle crypto crimes. The job involves overseeing complex investigations involving cryptocurrency and digital assets from a Proceeds of Crime Act (POCA) perspective. The POCA relates to confiscating and redirecting crime money toward […]

A Tennessee husband and wife are facing charges over “Blessings of God Thru Crypto” — an allegedly fraudulent investment scheme that swindled at least $6 million from over 100 victims in just six months. A July 24 complaint from the Commodity Futures Trading Commission (CFTC) said Michael and Amanda Griffis used the connections they made in their real estate business […]

Following a long-term interest in Web3, Ducati partnered with payment company Ripple and is set to launch its first non-fungible token (NFT) collection on the XRP Ledger this week. This step is the motorcycle company’s first venture into the Web3 space and blockchain technology. Ducati Delves Into Web3; Prepares To Launch First NFT Collection Ducati, a renowned motorcycle manufacturer established […]

The alleged Alphapo payments provider hack of July 23 is now estimated to have caused losses exceeding $60 million, according to a July 25 report from on-chain sleuth ZachXBT. The loss was previously reported at roughly $31 million. Alphapo is a centralized crypto payment provider for e-commerce subscription services, gaming sites and other online businesses. It’s known as the provider […]

In a recent Cardano (ADA) trading strategy session, prominent crypto analyst Benjamin Cowen issued a warning about Cardano, a leading competitor to Ethereum (ETH). Cowen drew attention to the striking similarities between Cardano’s current price action and its performance in the latter half of 2019, a period marked by a consistent downward trend for ADA. To understand Cowen’s analysis, it’s […]