The world of digital art and NFTs (Non-Fungible Tokens) has experienced an incredible rise in popularity, offering new opportunities for artists, collectors, and investors alike. However, with the boom in the NFT market came volatility and dramatic shifts that have led to significant losses for some NFT holders. In a recent case, Eden Gallery Group, a prominent art gallery, argued in a New York federal court that it should not be held responsible for the losses sustained by NFT holders, citing a general market decline as the main factor behind the devaluation of NFTs. This legal battle centers on a…
Author: Crypto Flexs
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A U.S. cryptocurrency law firm said it plans to take legal action on behalf of investors who suffered losses due to Solana’s memecoin launchpad Pump.fun.“Today, Burwick Law publicly announced that we are pursuing legal action on behalf of investors in Pumpdotfun Memecoins,” Burwick Law said in a Jan. 15 post to X. Burwick said he took this step after “months” of working with everyday people who lost “significant amounts of money” due to unfulfilled promises on platforms such as Memecoin, Carpet Puller and Pump.fun.“Over the past few months, Pump.Fun has collected hundreds of millions of dollars in fees by displaying…
Iris Coleman January 16, 2025 02:16 AI-based flood modeling and 3D visualization are revolutionizing disaster preparedness. Learn how NVIDIA’s technology helps with climate resilience. In a groundbreaking session at NVIDIA GTC 2024, experts discussed how AI-powered flood modeling and 3D visualization tools are transforming community preparedness for climate risks. RSS-Hydro’s Guy Schumann and Guillaume Gallion demonstrated innovative geospatial applications and high-fidelity visualizations designed to strengthen disaster resilience through improved decision-making, public education, and responder training, according to NVIDIA. Advanced AI platform for accurate flood mapping The FloodSENS platform was highlighted as a key technological…
Now let’s look at the different types of wallet addresses and what they look like. Different cryptocurrency networks use slightly different rules for generating wallet addresses, and if you know what to look for, you can quickly identify which cryptocurrency is being used. For example, all Bitcoin addresses start with 1, 3, or bc1. Ethereum addresses always start with 0x and are 40 characters long, excluding the prefix.Like there are many things Types of Cryptocurrency WalletsThere are also different types of cryptographic addresses, each functioning uniquely. The four most common types of Bitcoin wallet addresses are:Segwit or Bech32 addressLegacy or…
Solana’s native token, SOL (SOL), fell 22.5% from January 6 to 13, testing the $169 level for the first time in 10 weeks. A 15% recovery was then achieved by January 15th, but SOL price was unable to rise above $200, and traders were concerned that a return to $230 could be hindered in the near term by the decline in decentralized application (DApp) activity on the Solana network. I have concerns that there is.Solana’s 7-day on-chain transaction activity (USD, billion). source: DipilamaDespite leading on-chain volume, Solana’s network activity fell 10.3% between January 8 and 15, according to DefiLlama data.…
The cryptocurrency gambling market has grown significantly from $50 million in 2019 to $250 million by 2024. Bitcoin dominates with a market share of approximately 80% across SOFTSWISS-based brands, while Ethereum lags far behind at 10%. More than a quarter of all bets on these brands are now made with cryptocurrency, a sharp increase from just 5% the previous year.Payment Speed: A Competitive Advantage in Crypto GamblingOne of the main attractions of cryptocurrency in online gambling is the speed of transactions. Deposits and withdrawals using Bitcoin, Ethereum or other digital currencies are often processed within minutes, a stark contrast to…
Felix Pinkston January 15, 2025 03:15 NVIDIA CEO Jensen Huang and healthcare industry leaders discuss the transformative role of AI in biomedical research and clinical trials at the JP Morgan Healthcare Conference. In an important conversation about the future of healthcare, NVIDIA CEO Jensen Huang joins forces with leading figures in the healthcare industry at the JP Morgan Healthcare Conference. According to NVIDIA, the discussion on the day centered on the innovative potential of artificial intelligence (AI) in fields such as biomedical research, clinical trials, and pathology. AI’s role in solving medical problems The…
The Ethereum (ETH) layer 2 protocol developed by consumer electronics and entertainment giant Sony Group is now live. Sony Group announced that the Soneium mainnet, developed by Sony Block Solutions Labs and based on the Optimism Foundation’s superchain technology, is now live. The Japanese giant first announced the development of Soneium last August. Sony says the goal of Soneium is to “deliver use cases that creators and fans can benefit from.” “In this initial phase, we aim to maximize creator creativity, benefits, and on-chain fan engagement. By protecting content rights and establishing fair benefit-sharing mechanisms, we help content grow in…
The price of XRP (XRP) has reached $3 in 2025 for the first time since 2018 as altcoins continue to lead the market. The cryptocurrency asset is up 41% over the past 15 days, leading all major assets in the top 10 cryptocurrencies list.XRP 1 month chart. Source: Cointelegraph/TradingViewXRP is currently 12.9% below its previous all-time high of $3.40, with the broader market predicting a period of price discovery over the next few weeks. XRP overtakes Bitcoin on Google Trends.XRP price and its holders have shown resilience over the past few weeks. Altcoins have witnessed a slight correction when majors…
This upward movement indicates increased market interest in AIXBT due to investment by whales. Nonetheless, the token’s MVRV has not yet reached the extreme levels associated with market highs, suggesting that the rally could be extended if buying momentum remains strong. The recent acquisition of aixbt for 3.47 million Virtuals (AIXBT) tokens (worth approximately $1.96 million) has attracted significant attention in the cryptocurrency community. This acquisition by a prominent investor highlights the growing interest in AIXBT and suggests its potential impact on market dynamics. price action analysis Since the whale acquisition, AIXBT’s price has experienced notable volatility. The token’s value…