Gamestop introduces new ethereum wallet

Published

10 months ago

May 24, 2022

Brittany Coles

A new Ethereum wallet will allow you to store, send and receive crypto soon

Gamestop has launched its very own wallet after it received mega meme status last year

The company’s fan base has largely split between two groups: gamers and investors.

But what ever camp you sit on, you’ll be able to access crypto assets via a private key known only to you.

The setup is compatible with hardware wallets and reduces the risk of it being hacked or confiscated, but it means that if the owner loses their key, they also lose access to its contents.

With the launch of the new wallet, GameStop also confirmed that its upcoming NFT marketplace will become available this year.

GameStop first announced the NFT marketplace in February alongside a $100 million fund that’s supposed to convince game developers to actually use it.

Upon launch, users will be able to use their wallets in conjunction with the marketplace.

The wallet is currently available as an extension for Google Chrome and Brave, but soon it will also be available as an iPhone app too.

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Celebrities busted over illegal crypto scheme

Published

2 days ago

March 24, 2023

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Agreements have been settled without admitting guilt

Eight celebrities have been busted over allegations they’ve been participating in an illegal crypto scheme.

The stars, including Lindsay Lohan, Logan Paul and Soulja Boy, were all charged following an investigation by the U.S. Securities and Exchange Commission.

Lohan and Paul have reportedly settled the matter without admitting guilt.

But, regardless, it’s just another bad look for the already embattled crypto industry.

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Crypto fugitive Do Kwon arrested in Montenegro

Published

2 days ago

March 24, 2023

ticker NEWS

He was carrying falsified documents at an airport

One of the world’s most wanted crypto fugitives has been arrested in Montenegro.

It’s a long way from home for South Korean entrepreneur Do Kwon, who’s accused of orchestrating a multi-billion-dollar fraud scheme.

Kwon was connected to the TerraUSD stablecoin, which saw $40 billion erased from its holders.

He was reportedly arrested at an airport after carrying falsified documents.

It follows a red notice being issued by South Korea last September.

Crypto

SEC sues Jake Paul over paid crypto promotions

Published

3 days ago

March 23, 2023

ticker NEWS

The issue is linked to Tron founder Justin Sun

The U.S. Securities and Exchange Commission (SEC) is suing YouTube personality Jake Paul over a promotion of cryptocurrencies linked to Tron founder Justin Sun.

The SEC is accusing Paul of a paid promotion of assets without disclosing those payments to the public.

Other celebrities such as Lindsay Lohan, Ne-Yo and Akon and are also being investigated for their involvement.

Meanwhile, the SEC is going after Sun for potential fraud and market manipulation.