Today, well-known NFT trader and crypto figure Jeffrey Huang, who goes by the Web3 pseudonym Machi Big Brother, announced the filing of a lawsuit against on-chain internet sleuth ZachXBT. Huang accused the latter of “publishing and maliciously promoting an article that falsely presented [Huang] as a criminal that had embezzled millions of dollars of cryptocurrency…
Welcome back to Now Runway, where we report to you from the frontlines of the digital fashion and luxury revolution. We’re eagerly awaiting all things Paris Fashion Week. For those attending IRL, please report back on how authentic the pigeon shit looks on the newest networked product courtesy of the gmoney x Jeff Staple collab…
Binance, the world’s largest cryptocurrency exchange, is facing mounting regulatory challenges in Europe and the United States in the aftermath of the United States Securities and Exchange Commission (SEC) filing a civil lawsuit against the company on June 5. French authorities are investigating the company for alleged “aggravated money laundering” and other illegal activities related…
In August 2021, Ringers #879 became one of the most expensive NFTs ever sold at 1,800 ETH ($5.9 million). Two years later, the NFT from Dmitri Cherniak’s groundbreaking generative art project, affectionately known as the “Goose,” has found a new home for $5.4 million via Sotheby’s Grails: Part II auction. Knowing the history of Ringers…
The crypto industry in the U.S. is facing its greatest challenge in the history of its nascent existence. After steadily ramping up anti-crypto rhetoric and the enforcement of securities laws in recent years, the United States Securities and Exchange Commission (SEC), led by Chair Gary Gensler, filed civil lawsuits against the largest crypto exchanges in…
Proof Collective — an exclusive members-only NFT community responsible for projects like Moonbirds, Oddities, Grails, and Emotes — has revealed its intention to launch a real-world, multi-purpose gallery and event venue situated in downtown Los Angeles’ Arts District. The venue is envisioned as a “hub where the Proof community, including Web3, traditional art, and entertainment spheres, can gather,” with…
Prominent billionaire and tech entrepreneur Mark Cuban has now weighed in on the U.S. Securities and Exchange Commission’s (SEC) recent crypto crackdown. In a series of tweets penned throughout June, the tech entrepreneur urged for the simplification of the SEC’s rules concerning the cryptocurrency industry, pointing out the ambiguous and convoluted guidelines that startups are…
Francis X. Suarez, the two-term mayor of Miami and noted advocate for Bitcoin and blockchain technology, has officially filed paperwork to run for the U.S. presidency in 2024. He will be running as a Republican candidate, according to documents released by the U.S. Federal Election Commission on June 14. Affectionately dubbed the “Bitcoin Mayor,” Suarez’s…
Last month, Ledger launched its latest feature into a full-blown firestorm. The French hardware wallet provider envisioned its paid, optional Ledger Recover subscription service as a safety net for users to recover their digital assets in the case of a lost or forgotten seed phrase. However, the company quickly found itself embroiled in controversy with…
