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ℹ️ ‘Criminal’ Trump NFTs Rise as Former President Faces 34 Felony Charges
➡️ An NFT collection centered on former U.S. President Donald Trump is gaining traction amid his historic indictment on 34 felony counts. But it's not the one he’s endorsed, rather an unauthorized riff that swaps heroic undertones for iron bars and prison jumpsuits.
The Ethereum NFT collection, called Trump Criminal Digital Cards, appears to be an unlicensed knockoff of Trump Digital Trading Cards, a collection of 45,000 NFTs released by Trump last December. Trump's official collection also saw a sales rise on Tuesday.
✅ Details: https://cryptogatez.io/news-detail/criminal-trump-nfts-rise-as-former-president-faces-34-felony-charges
ℹ️ Dogecoin rallies 30% after Twitter logo changes to DOGE
➡️ Dogecoin (DOGE) rallied roughly 30% on the 1-hour candle to $0.09796 after Twitter’s website logo changed to the meme coin. A visit to the social media platform would show the users the meme coin’s logo instead of Twitter’s bird logo.
The Elon Musk-led company gave no prior notice about its actions, catching the community unaware.
Meanwhile, this is not the first time Musk’s action has swayed market sentiments. Since Musk’s Twitter acquisition, there have been growing speculations about the cryptocurrency’s role on the social media platform.
Musk is also facing a $258 billion racketeering lawsuit related to his tweets and mentions of the meme coin.
✅ Details: https://cryptogatez.io/news-detail/dogecoin-rallies-30-after-twitter-logo-changes-to-doge
ℹ️ Playboy Loses $4.9M on ETH Received as NFT Payments
➡️ Playboy Group, the parent company of the iconic Playboy magazine, announced that it incurred an impairment loss of $4.9 million on the ether (ETH) it accepted as payment for the Rabbitars NFT collection.
According to an annual report shared on March 16, 2023, the lifestyle company still holds the NFT collection as digital assets in its balance sheet. The value of said digital assets sit at $327,000 as of December 31, 2022.
✅ Details: https://cryptogatez.io/news-detail/playboy-loses-49m-on-eth-received-as-nft-payments
ℹ️ Silicon Valley Bank Customers Can Fully Access Funds After FDIC Creates New Bridge Bank
➡️ Depositors of Silicon Valley Bank will have full access to their money beginning Monday morning, the Federal Deposit Insurance Corp. said, after confirming a successful transfer of deposits to a new bridge bank.
The new bridge bank, called Silicon Valley Bank N.A., will be operated by the FDIC. It will have normal opening hours, and customers have been automatically switched, the regulator said in a statement on Monday.
✅ Details: https://cryptogatez.io/news-detail/silicon-valley-bank-customers-can-fully-access-funds-after-fdic-creates-new-bridge-bank
ℹ️ Crypto Exchange Coinbase And Others Disclose Funds In Shuttered Signature Bank
➡️ The crypto industry has seen a series of closures among the banks lately. First, Silvergate Capital Corporation closed shop, announcing that it would liquidate its bank. Then Silicon Valley bank followed suit, recording a massive decline in its shares and an eventual closure by the regulators.
The New York Department of Financial Services (NYDFS) recently shut down Signature Bank and handed its insurance process to the United States Federal Deposit Insurance Corporation (FDIC). The bank is another institution that supports many crypto firms by holding most of their funds in reserve.
✅ Details: https://cryptogatez.io/news-detail/crypto-exchange-coinbase-and-others-disclose-funds-in-shuttered-signature-bank
ℹ️ Cyber Criminals Target Crypto Investors with New Malware – Here's What You Need to Know
➡️ Hackers and cybercriminals have been targeting crypto investors with two new malware threats that scout the internet for unwary investors to steal their funds.
According to a recent report by anti-malware software Malwarebytes, two new cybersecurity threats, which include recently discovered MortalKombat ransomware and a GO variant of the Laplas Clipper malware, have been deployed in campaigns aimed at stealing cryptocurrency from victims.
✅ Details: https://cryptogatez.io/news-detail/cyber-criminals-target-crypto-investors-with-new-malware
ℹ️ Binance Considers Ending Relationship with US Businesses Due to Regulatory Pressure
➡️ Bloomberg reports that Binance Holdings Ltd. is considering ending its relationship with US businesses. The report follows an increasing examination of the exchange from regulators within the country and overall regulatory concerns over the industry in America as a whole.
The report state that the world’s largest crypto exchange platform by volume is considering a “retreat,” from the US market. Moreover, the news comes as its relationship with partner and stablecoin issuer Paxos has brought about some scrutiny from authorities.
✅ Details: https://cryptogatez.io/news-detail/binance-considers-ending-relationship-with-us-businesses-due-to-regulatory-pressure
