May 3, 2023

Blur’s New NFT Lending Could Be A Double-Edged Sword

TL:DR Blur, the dominant NFT exchange, has launched a new lending protocol called Blend, designed for collateralized loans backed by digital collectibles. The lending protocol relies on a Dutch auction...
Read More

A 30% Tax On Crypto Has Now Been Justified By The White House

TL:DR White House proposes 30% excise tax on cryptocurrency mining firms based on their associated electricity costs. Tax is expected to reduce government deficit by $74 million in the first...
Read More

South Korean Publisher Neowiz And Its $10M Game Accelerator

TL:DR Neowiz has launched a $10 million gaming accelerator fund in partnership with Polygon Labs to fund the next generation of Web3 games on Ethereum scaling network Polygon. The grant...
Read More

Found Guilty! Nathaniel Chastain Heads To Prison

TL:DR OpenSea’s former head of product, Nathaniel Chastain, has been convicted of fraud and money laundering for using insider knowledge to trade NFTs. Chastain bought NFTs he had decided to...
Read More

Animated Tesla Avatars Are Being Used To Scam Ai Investors

Crypto Fraud In Texas In the world of cryptocurrency, fraud, and scams are rampant, and the state of Texas is no exception. On Wednesday, the Texas State Securities Board demanded...
Read More