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Showing posts from April, 2023

Crypto ATM Numbers Drop by 13.91% Since December 2022, Over 3,600 Went Offline in March

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According to data from the cryptocurrency automated teller machine (ATM) aggregation website Coin ATM Radar, over 3,600 crypto ATMs went offline in March. Since the end of 2022, the number of crypto ATMs has declined by 13.91% in the last three months. Crypto ATM Numbers Decline in 2023 According to data from Coin ATM Radar, the number of crypto ATMs worldwide has decreased by 13.91% since December 2022. At that time, 39,179 crypto ATMs were installed globally. In January, 1,587 crypto ATMs went offline, marking the second time a large number of machines had gone offline since the loss of 399 crypto ATMs in September 2022. In February 2023, the decline in crypto ATMs was less drastic than in January and fewer than the drawdown in September. Coin ATM Radar data on net changes on April 1, 2023. A total of 275 cryptocurrency ATMs went offline in February. The largest decline was recorded in March, according to Coin ATM Radar statistics, which indicated a drop of 3,627 crypto ATMs. C...

Nifty News: Trump NFTs pump after indictment, Q1 trading volume hits $4.7B and more…

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The total NFT market trading volume in Q1 hit $4.7 billion, more than doubling the previous quarter, while Square Enix dropped Final Fantasy trading cards that can't actually be traded, yet. Oddly, following news of a New York Grand Jury voting to indict former president Donald Trump on March 30, the floor price for the officially licensed Trump Digital Trading Cards NFT project pumped. According to data from OpenSea, NFT traders were seemingly spurred into action by the announcement, with the floor price moving from 0.46 Ether (ETH) or $835 at current prices, to as high as 0.6 ETH ($1090) on the same day. Trump Digital Trading Cards floor price. Source: OpenSea It is worth noting that when the project launched in December, it offered exclusive one-on-one experiences to certain NFT hodlers, such as private golf sessions, dinners and conversations with Trump. Given the indict ment news, it could potentially have an impact on the forty-fifth's potential to deliver on such exper...

Elon Musk Seeks Dismissal Of $258B Dogecoin Lawsuit In Court Filing

Sources reported that on Friday, Elon Musk requested a U.S. judge to dismiss a $258 billion lawsuit alleging him of operating a pyramid scheme in support of the Dogecoin cryptocurrency. Attorneys representing Elon Musk and his electric vehicle firm Tesla Inc referred to the lawsuit brought by Dogecoin investors as a “fantastical work of fiction” in a filing made in a Manhattan federal court on Friday evening. They argued that the allegations against Musk were unfounded, and that his tweets regarding Dogecoin were innocent and at times, absurd. Musk’s legal team further argued that the investors failed to provide any evidence of how the Twitter CEO planned to deceive anyone or what risks he concealed. They also asserted that Musk’s statements, including “Dogecoin Rulz” and “no highs, no lows, only Doge,” were too ambiguous to support allegations of fraud. NEWS: Elon Musk asked a U.S. judge on Friday to throw out a $258 bill...

Matt Damon Shares Story Behind His Crypto Commercial

Famous Hollywood actor Matt Damon has revealed the story of how he became involved in creating a cryptocurrency commercial called “Fortune Favors the Brave” with Crypto.com. After the release of the crypto ad, Damon faced global criticism for his involvement in it. Matt Damon Talks About His Crypto Commercial Famous actor and producer Matt Damon shared how he became involved in creating a cryptocurrency advertisement with crypto exchange platform Crypto.com in an interview with the Associated Press on Wednesday. The Oscar-winning actor is known for his roles in movies such as Good Will Hunting, Saving Private Ryan, and the Bourne franchise. “The story behind that for me personally was that we had a down year in Water.org, and I did that commercial in an attempt to raise money for Water.org,” the famous actor said, adding: I gave my whole salary to Water.org because we were down. Crypto.com heard about that and they gave $1 million to Water.org … just on their...