Canadian brothers Kevin and Thierry Mofo’s brand Soles of Justice is launching their first NFT sneaker minted on the Ethereum blockchain tied to high-end physical footwear. After Quebec’s Court of Appeal ruled in favor of eBay in 2012 to cancel the sale of their Nike Air Foamposite One Galaxy shoes that stood to earn $98,000 — Kevin and Thierry are now on a mission to raise awareness of user agreement policies on platforms. Soles of Justice is an initiative meant to ensure that digital creators, startups, and innovators are not stifled by the scale of eCommerce and Big Tech and spark conversations around its control over the digital ecosystems and infrastructures that now underpin our lives. The NFT sneaker can be redeemed for an identical pair of Nike Air Foamposite One Galaxy in size 10 purchased by Thierry, who lined up at a Montreal shoe store and waited 30 hours to buy the coveted sneakers. The brand hopes to release its first NFT collection authenticated with real-life limited...
Mar 9, 2022
Lil Uzi Vert has proven he’s a rapper that’s looking toward the future. In an Instagram post, JT of the City Girls revealed that she received a McLaren for her birthday (And as we can see, the Hip-Hop star is clearly thrilled). https://www.instagram.com/p/CXC5HU1s3bb/ But clearly, there are “levels” to this. On an episode of the Full Send podcast, RD Whittington — a celebrity car broker — revealed that Lil Uzi Vert paid for the sweet whip in Ethereum. “He just bought his girlfriend a car,” he said. “It was a gift. And he paid it in Ethereum.” Whittington — whose upcoming show, “Million Dollar Wheels,” will be premiering on Feb. 28 on Discovery+ and is executive produced by Jamie Foxx — explained that part of the reason Lil Uzi Vert paid in the popular cryptocurrency was that he needed the car pretty quickly. However, he couldn’t do a wire transfer from bank to bank. So, he asked Whittington for his Coinbase information, which was provided, and the payment was subsequently sent over....
Feb 28, 2022
Things just got a little hectic in the cryptocurrency space for some familiar faces, including Floyd Mayweather. According to Hollywood Reporter, Floyd Mayweather, along with Paul Pierce and Kim Kardashian are being sued for their alleged involvement in an investor cryptocurrency scam, which claims the celebs misled followers in a pump-and-dump scheme.
Jan 12, 2022
Crypto scammers certainly made 2021 their year. According to a new report from CNBC, the trifling thieves took a gobsmacking $14 billion (with a B!) from their unsuspecting victims last year. That’s a 79 percent jump from the amount of money they stole in 2020 — the year the pandemic began. Analysts for CNBC blame the rise of DeFi — decentralized finance — platforms for this record-breaking uptick in theft from crypto scammers. In a nutshell: more platforms equals more opportunities for wannabe scammers to rip you off. The outlet also referred to Chainanalysis’s annual CryptoCrime report (yes, this is a thing) to analyze the trends in thievery. “DeFi is one of the most exciting areas of the wider cryptocurrency ecosystem, presenting huge opportunities to entrepreneurs and cryptocurrency users alike,” Chainalysis wrote in its annual Crypto Crime report. “But DeFi is unlikely to realize its full potential if the same decentralization that makes it so dynamic also allows for widespread...
Jan 6, 2022
Migos star Takeoff is quite literally trying to take off into space and he’s hoping to bring a Non-Fungible Token (NFT) owner along for the ride. An Instagram post on Tuesday, Dec. 2 revealed the Migos star will be launching his first NFT collection Apes In Space. Pre-sale begins Dec. 5 with 2,000 spots available for whitelisted members, and a public sale will begin shortly after on Dec. 6, according to the official Apes In Space website. “The Apes In Space team has years of experience in the marketing and digital space under its belt,” the project’s website reads. “With Takeoff (1/3 of Migos) as part of the team, the Apes In Space project has more connections in the NFT space than any other collection.” “We spent months crafting the art of the project and we couldn’t be happier with the final result,” it continued. View this post on Instagram A post shared by TakeOff🚀 (@yrntakeoff)
Dec 3, 2021
A recent article featured in The New York Times talked about so-called “junk crypto.” In the story, David Segal detailed how he created his own cryptocurrency in the hopes of cashing in on the craze. But his coin, essentially, turned out to be absolutely worthless. “One day in May, I created my own cryptocurrency,” he explained in the piece. “I did it on a Zoom call with an excitable 36-year-old in Taiwan, Dan Arreola, who had posted a tutorial on YouTube about how to make, and promote, a ‘scam coin.’ It has more than 240,000 views. After a few minutes of tweaking, and about $300 in fees, I pressed a button. Instantly, 21 million coins were minted.” Whether you call them “scam coins,” “hype coins” or “junk crypto”– the end result is all the same. When it’s all said and done, you have nothing but a bunch of worthless cryptocurrency that can’t even get you a burrito off the Taco Bell dollar menu. So, why do they still prevail in the crypto market? Why is it so easy to buy this...
Oct 11, 2021
Nine-year-old Aanya Thakur and her 14-year-old brother Ishaan are not your typical siblings. It became clear this past summer in Frisco, TX when the siblings wanted to learn how to mine digital coins while earning money. Little did they know their curiosity would lead to earning over $30,000 per month by tapping into cryptocurrencies. How you may ask? The duo mined bitcoin — the world’s leading cryptocurrency — ether and ravencoin, CNBC reports. “Crypto mining is just like mining for gold or diamonds,” Ishaan said in an interview with CNBC. “Instead of using shovels, you mine with computers. Instead of finding a piece of gold or a diamond in the mine, you find a cryptocurrency.”
Sep 29, 2021