Author: Crypto News Live

In another decisive victory for Hermès, a Manhattan federal judge has issued a definitive injunction against artist Mason Rothschild. The decision comes after a 2022 legal battle where Hermès filed a lawsuit against Rothschild, accusing him of leveraging their esteemed Birkin brand for his financial gain. With this latest order, filed on June 23, the court has permanently prohibited further sales of Rothschild’s controversial MetaBirkin NFTs. This decision comes after Rothschild was ordered to pay $133,000 in damages in February 2023 after losing the initial trademark case. Rothschild vs. Hermès part two Rothschild — who released his 100 MetaBirkins NFTs…

This innovative standard aims to enhance the security of non-fungible tokens (NFTs) by incorporating multiple layers of protection, including an on-chain two-factor authentication (2FA) system. The project recently announced the launch of ERC-721x, unveiling its unique features to the public. Introducing ERC721x: A safer implementation of the ERC721 standard ⚔️This technology gives you the convenience of a hot wallet, with the added security of a cold wallet.https://t.co/DGwuSRrI5d pic.twitter.com/7DoNivnMwv — CyberKongz (@CyberKongz) June 26, 2023 ERC-721x introduces two distinct layers known as “locking” and “guarding.” These layers work in tandem to fortify the security of NFTs. With the locking feature, users…

The United States Secret Service has recently provided further details about its NFT collection, hosted on the popular NFT marketplace OpenSea. The revelation came during a Reddit Ask Me Anything (AMA) session conducted by the Secret Service’s San Francisco-based Digital Asset Technology Alliance (DATA) Squad. In this AMA, agents shed light on their involvement in crypto and blockchain technology and unveiled their unique NFT collection.Exploring the Secret Service NFT CollectionThe Secret Service agents revealed that the purpose of their NFT collection is to gain a better understanding of how NFTs function within the digital landscape. Each member of the DATA…

Bitcoin’s latest upside received a confidence boost from the East. Sell pressure remains at bay despite Bitcoin dipping into overbought territory.  A few weeks ago we looked into China’s decision to soften its stance on Bitcoin [BTC] and the overall crypto market. The effects of that decision were now evident in BTC’s latest performance. Is your portfolio green? Check out the Bitcoin Profit Calculator Recent data suggested that China has been increasingly contributing to the level of liquidity flowing into BTC. Multiple factors have contributed to this observation. For example, the latest PMI data revealed that China’s manufacturing sector shrunk…

The United States House of Representatives recently adopted new rules banning all use of artificial intelligence (AI) large language models by members, with the sole exception of OpenAI’s ChatGPT Plus service. According to a notice sent from the U.S. House’s chief administrative officer, Catherine Szpindor, chatbot use has been restricted for security purposes:“House offices using the ChatGPT artificial intelligence chatbot are only authorized to use the ChatGPT Plus version of the product. The Plus version of the product incorporates important privacy features that are necessary to protect House data.”The memo added that “no other versions of ChatGPT or other large language models…

With numerous altcoins clocking impressive upticks, the market’s attention has now pivoted toward XRP. Currently, the XRP price is hovering below the $0.5 mark, stirring anticipation for a significant price surge. XRP, standing as the sixth-largest cryptocurrency by market capitalization, has experienced an influx of funds that hints at a possible bullish breakout. However, despite these promising signs, the coin hasn’t delivered any substantial price rally, largely due to the unresolved SEC lawsuit which looms over its future trajectory.XRP Sees A Spike In Interest From Institutional Investors A recent analysis by CoinShares indicates a triumphant performance for XRP, affirming its leadership…

The highly anticipated Azuki Elementals mint is happening in less than 24 hours on June 27. The news about the new 20,000-strong PFP collection was made public on June 23 at Azuki’s “Follow the Rabbit” event in Vegas. During the Vegas event, Azuki holders were airdropped a locked Elemental that will be revealed after the sale. Additionally, all Azuki and Beanz holders were airdropped a Soulbound Token (SBT) called an “Elemental Chip” to commemorate the event. Here are some common questions and answers to ensure you have all the necessary information to navigate this exciting release. How will the 20,000 PFPs be allocated?…

Join Our Telegram channel to stay up to date on breaking news coverage December of 2020 marked the beginning of a showdown between the Securities and Exchange Commission in their bid to prosecute Ripple labs for selling $1.3 Billion worth of XRP, which they had determined as a security. The initial announcement of the case against them was met with incredible distaste from the crypto community and is still ongoing today.  It’s important to note that the SEC have been dubbed to fail in persecuting Ripple labs and they’ve already set their sights on other exchanges in similar cases. Both…

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. BTC hit a new high in 2023 at $31.4k, but eased slightly at press time.  Short-Term Holder Supply in Profit hit 96.9%.  Bitcoin’s [BTC] price action has stayed above $30k since 21 June. It graced a new high in 2023 of 31.4k on 23 June but retraced to the $30k zone, trading at $30.2k at the time of writing.  Read Bitcoin’s [BTC] Price Prediction 2023-24 In other new developments, last week’s upswing saw BTC/Nasdaq decoupling reversed, setting the two…

A widely followed crypto strategist is outlining what he thinks is in store for Litecoin (LTC), XRP and Pepe (PEPE) as the digital asset markets flash signs of life. Analyst Michaël van de Poppe tells his 659,100 Twitter followers that the peer-to-peer payments network Litecoin is primed to surge close to its 2023 high at around $103. According to Van de Poppe, Litecoin could correct after hitting his initial target before resuming its uptrend. “Great weekly candle, through which we’ll most likely continue running towards $102. After that, slight correction before continuation towards $180 if a breakout above those recent…