Samuel Edyme, known to many as HIM-buktu, is a diverse individual with a passion for writing, journalism, and trading in the web3 space. His introduction to the crypto world was not a smooth one, as he fell victim to a Ponzi scheme that utilized cryptocurrency for transactions. However, instead of being deterred by this experience,
Shaquille O’Neal, the legendary basketball player, is currently facing legal challenges due to his involvement with the Astrals NFT project. The lawsuit accuses Astrals of promoting unregistered securities, putting O’Neal in a precarious position. While the court has ruled that O’Neal can be considered a ‘seller’ of Astral NFTs, they dismissed the claim that he
The rise and fall of ADA, the native token of Cardano, has been a rollercoaster ride for investors and traders alike. At the peak of the 2020 to 2021 bull run, ADA surged to $3 in August, fueled by the activation of smart contracts and the completion of the Alonzo hard fork. However, the euphoria
The current state of the crypto market has not been favorable for Ethereum (ETH), the second-largest cryptocurrency by market capitalization. Despite its position in the market, ETH has been facing significant challenges in recent weeks. One of the key factors contributing to this struggle is the continuous selling pressure from some of the largest Ethereum
The Democratic National Committee recently unveiled its 2024 Party Platform, outlining the party’s future political priorities for the upcoming election. However, what caught the attention of many was the glaring absence of any mention of Bitcoin, cryptocurrency, or blockchain in the ninety-two-page document. This oversight has left many in the crypto community questioning the party’s
The Nigerian Federal Inland Revenue Service (FIRS) is gearing up to implement new legislation aimed at taxing the rapidly expanding crypto sector in the country. This move, as reported by Business Day, comes as a means to boost economic growth and foster innovation within the industry. FIRS Executive Chairman, Zacch Adedeji, highlighted the need for
Cardano, once a prominent figure in the top 10 cryptocurrencies, has now slipped below that rank in terms of market capitalization. This decline comes as no surprise to those closely following the cryptocurrency, as it has been struggling to keep up with the increasing competition and slow adoption rates in the market. One of the
The Lost Glitches is not just any ordinary card game, it immerses players in a futuristic setting where they become Glitches trying to reclaim lost memories. To excel at this game, players must grasp the intricate game mechanics, devise strategic plans, and infuse creativity into their gameplay. While it may be easy for newcomers to
Hut 8 Corp. recently reported a significant net loss of $71.9 million for the second quarter of 2024. This loss came as a surprise, especially considering the company experienced a 72% year-over-year revenue increase to $35.2 million. The discrepancy between the revenue growth and the substantial loss raises concerns about the company’s financial management and
TeraWulf’s second-quarter earnings report for 2024 revealed a 21% decrease in the amount of BTC mined compared to the same period in 2023. This decline in production could be concerning as it may indicate potential operational challenges or inefficiencies within the company’s mining facilities. Although TeraWulf’s revenue for the quarter increased slightly, surpassing the estimated