Art Gobblers Generates $12.35m in Sales in One Day

The U.S. Attorney’s Office for the Southern District of New York has indicted Shakeeb Ahmed, a computer security engineer based in New York, for defrauding a decentralized cryptocurrency exchange of $9 million. The DEX, operating on the Solana blockchain, remains unnamed in the indictment, but the details mirror the July 2022 Crema Finance hack. Stealing…

The lines between art and technology are more blurred than ever. A successful NFT art career requires as much creative talent as it does technical knowledge. How are artists expected to navigate both worlds? Richerd may have created the solution. As the co-founder of Manifold, Richerd created a platform that not only empowers artists to…

For many, the crypto world feels like it’s in shambles. The high drama between rival exchanges Binance and FTX has set the stage on which it played out fully ablaze. Over the last few days, repeated revelations have wiped out billions in funds, sent the Web3 community reeling, and irrevocably altered the future of crypto…

The Alpha: As per a Bloomberg report, Yuga Labs is currently facing an investigation from the United States Securities and Exchange Commission (SEC) on the legality of the sales of its high-value NFT offerings.Most notably, that includes pieces from the renowned Bored Ape Yacht Club collection that’s turned PFP NFTs into a Web3 household name.Best-known…

Bitcoin Ordinal Inscriptions have significantly impacted the Web3 space since the Ordinals protocol was introduced in January 2023. Millions upon millions of Inscriptions have been minted, inspiring established projects to expand from Ethereum and Solana to Bitcoin. Ordinals also seem to have inspired Ethscriptions — a recently launched (and quickly adopted) protocol that enables the…

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