Bitcoin & cryptocurrency news

Ira Kleiman Requests New Trial Due to “Violation” of Court Order

Reading Time: 2 minutes Ira Kleiman’s legal team have demanded a new trial after Craig Wright’s team “violated” a court order Kleiman’s team say that the subject of the brothers’ relationship was barred, but that they still played on it A jury member has since said that the relationship impacted how they viewed the case The counsel for Ira Kleiman, the brother of Craig Wright’s deceased business partner Dave Kleiman, has sensationally demanded a new trial between Kleiman and Wright after claiming that the defense violated a court order during the proceedings. Kleiman’s legal team claims that the court had ordered pre-trial that almost

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Bitcoin & cryptocurrency news

Top European Crypto Scammer Arrested in Spain

Reading Time: 2 minutes A wanted cryptocurrency scammer has been arrested in Spain following a police operation European police forces have been working to arrest the Ponzi scheme operator since August last year He was found with 13 luxury cars and €2.5 million in his possession A Portuguese man described as one of Europe’s largest cryptocurrency scammers was this week arrested in Spain following an investigation involving Europol. The unnamed scammer allegedly had victims in Portugal, Spain, Luxembourg and Switzerland and utilized a classic Ponzi scheme to collect millions of dollars which he spent on funding a lavish lifestyle. 13 luxury cars were found

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Bitcoin & cryptocurrency news

Do We Really Need TVs That Can Trade NFTs?

Reading Time: 2 minutes NFTs could be having their ‘blockchain mania’ moment In 2017, companies were falling over themselves to announce something to do with blockchain Samsung has announced that its new range of TVs will include NFT management, not that anyone asked for it Samsung recently announced a new feature for its line of upcoming televisions that no one saw coming – the ability to trade NFTs. Alongside “the latest advancements in picture quality, sound technology and smart features”, three of its 2022 models will feature an “intuitive, integrated platform for discovering, purchasing and trading digital artwork”, a development that, on the surface,

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OpenSea raises $300 million for encrypted digital marketplace

Opensea’s market value has now surpassed $13.3 billion following the new cash injection.

The nonfungible token (NFT) market is gaining momentum as the next frontier in collectibles, gaming and the metaverse

To accelerate this vision, OpenSea announced on Jan. 4 that it has secured $300 million in a Series C funding led by Coatue and Paradigm.

OpenSea is a digital market based on the Wyvern Protocol, which is composed of custom-built Ethereum smart contracts that are expressly created for buying and selling unique digital assets. The marketplace was established in 2018.

With the most recent investment, OpenSea’s value has now surpassed $13.3 billion. Apart from Paradigm and Coatue, OpenSea noted that there were a number of both new and existing investors who participated in the round.

Related: Bored Ape Yacht Club NFTs catch up to CryptoPunks, flips floor price

OpenSea said it will use the money to further develop its product, enhance customer service and security, invest in the wider NFT and Web3 community, and hire more employees.

In 2021, NFTs played a major role in the mainstream success of crypto and blockchain. The industry recorded over $14 billion in sales during the year, with digital art collections and digital collectibles accounting for 91% of transactions, according to company data. OpenSea has already generated more than $700 million worth of trade volume since the start of 2022, as reported by Cointelegraph.

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