Cryptocurrency News – Week of August 06, 2023

An overview of the main highlights of the cryptocurrency and Blockchain universe in the last 7 days. Below...

SEC Freezes $50 Million to Cryptocurrency Firm Digital Licensing

The SEC “emergency” halted the Digital Licensing pyramid scheme in Utah. They would have defrauded investors out of up to $50...

NFT Trading Cools Off, but Developers Keep Enthusiasm for Web3

NFT trading slows, but interest in Web3 and Bitcoin NFTs remains strong. NFTs took off in 2020 and...

Developer Locks his ETH for 100 Years by Wanting to Create...

This happened to a developer who wanted to create a cryptocurrency. A developer “accidentally” staked five ethers worth...

US SEC Action against Crypto Company for Alleged $50 Million Fraud,...

The US SEC takes action against Digital Licensing Inc. and DEBT Box, freezing assets and filing a restraining order.

Elon Musk Blunt: X Will not Launch Its Own Crypto Token

Elon Musk confirms that X, formerly Twitter, will not launch its own crypto token. Elon Musk, owner of...