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Mt. Gox to start creditor repayments next month, asks users to ‘wait a while’

Bankrupt crypto exchange Mt. Gox says its rehabilitation trustee will start processing repayment s in bitcoin (BTC) and bitcoin cash (BCH) next month . This is according to a note issued by the exchange on Monday. In the note, Mt. Gox asks users to “wait for a while until the repayments are made” and says it has “taken time to ensure safe and reliable repayment to creditors, including technical remedies for safe repayments, compliance with financial regulations in each country, and discussion of repayment arrangements with the cryptocurrency exchanges.” Mt. Gox collapsed in February 2014 losing 850,000 bitcoins and affecting around 240,000 users . In an official statement last month, it stated that it was preparing to repay a portion of cryptocurrency rehabilitation claims either through the sale or direct transfer of crypto, whichever the creditor chooses. Mt. Gox hasn’t sold any of its 140,000 bitcoin but it’s planning to Read more: Mt. Gox repays some creditors, emails o...

Scam involving Nike and RTFKT targets OpenSea users

Scammers target ing users of the leading non-fungible token (NFT) marketplace OpenSea with new phishing scam promising an exclusive mint event involving American footwear company Nike and RTFKT, a prominent player in the NFT scene. MasterJew.eth, co-founder of the ApeFathersNFT project, was among the recipients of the scam email. He alerted the public about the fraudulent message on X, calling for attention. Got another scam email coming from what looks like @opensea and @Spatial_io Saying that the mint is partnered with @Nike @RTFKT This is obviously a scam, a 400 piece limited collection… sheeeesh. Be safe out there degens! pic.twitter.com/Aa9OVlXwPd — MasterJew.eth (@skizdidlyidler) January 7, 2024 The email, which was purported to come from OpenSea, had the subject headline: “Exclusive Invitation: RTFKT x Nike Dunk Genesis RBOT CRYPTOKICKS Minting Event!” It claimed that the recipient was one of 400 lucky customers selected to participate in the launch of a limi...

Play games, earn Money: how GFOX is revolutionizing P2E for mainstream users

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Over the last 50 years, video games have mostly been a way to relax and forget about a busy day. But now, with news of new blockchain technologies like NFTs, a new type of video game that rewards players with cryptocurrency is emerging. These “play-to-earn” games are making it possible for gamers to earn real money by playing video games while also giving them a chance to get involved in the profitable crypto industry. The last few months have seen a surge in such projects, with the Web3 universe expanding rapidly. Recently, market attention has been particularly driven toward Galaxy Fox ($GFOX), a new word in the play-to-earn industry that also fits into the meme coin category. Let’s review this new ICO crypto and discuss whether or not you should add it to your altcoins to buy list. How to earn money by playing Galaxy Fox In the online gaming world, $GFOX is introducing a new era of P2E models, making it accessible and rewarding for ever...

Brave Browser finally allows users to sell cryptocurrencies in its wallet

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Join Our Telegram channel to stay up to date on breaking news coverage Brave, the crypto industry’s privacy-focused web browser, announced yesterday, March 10th, the rollout of a brand new feature. With it, Brave users can now go into their wallet to not only buy any of the supported cryptocurrencies but sell them as well. Tokens can be sold in exchange for a number of fiat currencies, including EUR, USD, and GBP. Brave’s new move should make self-custody simpler for the users With this move, Brave has eliminated the need for users who wish to sell their cryptocurrencies and withdraw the money to export them out of the wallet itself. This will save time and money that was otherwise spent on transaction fees, allowing users to profit more. Furthermore, it allows users to easily maintain ownership of their money through easy and intuitive self-custody — something that has always been one of the major selling points of the crypto industry. Of course, with centra...

The Coinbase layer-2 network reached 136k daily users

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Coinbase reached has reached 136,000 daily users following the announcement of its new blockchain. According to Dune Analytics, nearly 30% of the daily users on August 10 were new users , representing 42,000 of the total. On July 31, the company reached 60,000 new users . Coinbase’s layer-2 daily users | Source: Dune Analytics CryptoRank showed that Base currently stands in the 4th position for daily transactions, behind zkSync Era, Arbitrum and Optimism. Base Now Ranks 4th in Daily TPS Among Layer 2 Solutions #Base Layer 2 launched its mainnet yesterday and is showing robust growth in active users and transactions. Now it ranks 4th by daily TPS (Transaction per second). pic.twitter.com/pnYF0tk7b0 — CryptoRank Platform (@CryptoRank_io) August 10, 2023 Coinbase launched the beta version of its new project, known as Base, on February 23. The ecosystem has over 100 decentralized applications (dapps) and service providers. The mainnet version for developers and b...