MegaDigital

The Commodity Futures Trading Commission (CTFC) is filing a civil enforcement action against Mirror Trading International Proprietary Limited and its founder Cornelius Johannes Steynberg. The South African trading company used Bitcoin as its base currency for allegedly running the largest-ever BTC trading scheme. The CTFC alleges that instead of trading funds on foreign exchange platforms, which defrauded investors by misappropriating their funds and operating a Ponzi scheme. The Commodity Futures Trading Commission charges Mirror Trading International with $1.7 billion fraud. MTI's central figure is accused of accepting 29,421 BTC from 23,000 Americans for a commodity pool operation that he was not qualified to operate. His alleged scam lasted from May 2018 until early 2021, when MTI filed for bankruptcy and liquidation in South Africa.

Verse Estate is establishing itself as an eco-friendly metaverse agency specializing in the creation of opulent digital residences. From private jets to high-end commodities, digital assets feature astonishingly realistic luxury stuff. People may enjoy and explore their digital houses using VR-enabled devices or a desktop computer, and they can also create and modify all of their buildings and items.Each property holding will have a certificate of ownership, known as an NFT. The project has previously revealed that its future New York penthouse collection will be available on July 3.

From January 13 to 15, 2023, the World Crypto Conference 2023 will be hosted for the first time in Zurich, Switzerland. The key panels will cover themes such as NFT application cases outside of art, real estate tokenization, and wealth management using trading bots. Furthermore, the Conference will include a pitch competition for budding entrepreneurs in front of well-known venture capitalists and investors from Switzerland and across the world. The World Crypto Conference seeks to make it possible for guests to purchase an NFT ticket, whether they are a major sponsor or are attending for the first time.

Alex Atallah, a co-founder of OpenSea, announced on Twitter that he will leave the firm on July 30. Alex Atallah stated that he is eager to return to his "primary passion: building something from zero to one" and will be focusing on other things now. Alex Atallah's departure from OpenSea comes as a surprise to many in the crypto community, as he was one of the early leaders in the space. However, it is clear that he is passionate about building new things.

Binance, one of the world's biggest cryptocurrency exchanges, has enlisted the help of Khaby Lame, the most popular TikTok artist, to spread the word about Web3. Lame has 142 million tiktok followers who watch his videos in which he mocks DIY content creators who make things overly complicated. The collaboration will aid Binance in expanding its reach and raising awareness about blockchain technology and cryptocurrencies. Kevin Hart, one of the world's most popular and successful celebrities, has entered the nft market. On July 6, Hart's 43rd birthday, Confessions From the Hart will launch exclusively on the Roku Channel and will reenact incidents from his life as recounted by him. It is inspiring to watch people like Kevin Hart embrace new technology and utilize it to share their stories. Coinbase has recently come under criticism for allegedly selling customer data to ICE in the United States. However, the business has now denied these allegations, stating that this data is solely used to investigate financial crimes such as money laundering and terrorism. Some have criticized Coinbase for signing into this deal with ICE, but the business has defended its actions, claiming that it is only doing what is required by law. Finally, only time will tell if this action will come back to haunt Coinbase. Virtual Hill is a metaverse-style social event in which players are asked to pitch a virtual tent on a hill. Users create a personalized avatar before choosing a picnic site among other tennis enthusiasts from across the world. Some will even be able to engage with the avatar of British Wimbledon champion Andy Murray. By completing daily chores on the Hill, users may earn 'WimbleCoin' and daily rewards. Ruja Ignatova, sometimes known as the Cryptoqueen, has been on the lam since 2017. She is accused of conducting a massive Ponzi scheme with the cryptocurrency OneCoin. The FBI is offering a $100,000 reward for information leading to her apprehension. Authorities believe that OneCoin defrauded investors out of over $4 billion. Hackers stole $100 million in bitcoin from the Harmony Protocol on Friday. The layer 1 blockchain team announced a $1 million reward for anyone who can identify the hacker. The Lazarus Group is engaged, according to data released today by blockchain analytics firm Elliptic. The gang has a track of attacking bitcoin exchanges and wallets. Phillips auctioned off La Voiture Noire on June 30th for £378,000. The NFT purchaser can now order one or both of the real sculptures created by Asprey London Limited. From June 28 to July 7, Cinemark Movie Rewards members may enter an instant-win game to win one of 1,000 NFTs. Winners will get a ticket redeemable at VeVe.me, making them one of the select few who will own this digital collector token.

In this second podcast episode we will be talking about what has been happening in the digital world around crypto, nfts, web3, metaverse, etc. 0:17 Metaverse's digital wallet Meta Pay has been released! 1:01 ViewSonic provides metaverse education! 1:57 HTC's New Metaverse Phone Comes With a Crypto Wallet and an NFT Wallet! 3:23 Niantic is developing a real-life NBA game! 4:09 TerraZero Technologies Welcomes Jason Derulo to the Metaverse! 4:50 Lowe's Releases NFT Collection and Launches Open Builder to Create Virtual Home Goods for Use in The Metaverse! 5:25 Meta is working on AI models to improve audio in the Metaverse! 5:58 eBay enters the metaverse and non-traditional trading with three trademark applications! 6:34 Crypto.com will now accept Apple Pay for cryptocurrency purchases. 7:40 Harmony Hackers Have Started Laundering Ethereum Stolen From the Horizon Bridge! 8:14 Celsius seeks client endorsement as attorneys push for Chapter 11 bankruptcy! 9:04 Nexo Accused of Embezzlement on Twitter, According to the Company, it's Fake News! 9:32 Crypto.com Removes Dogecoin, Shiba Inu, and Others From Earn Program! 10:03 FTX Rejects Claims That It Will Acquire Robinhood! 10:31 Voyager Digital Issues Three Arrows Capital Default Notice! 11:10 Anonymous claims that they would unveil "Do Kwon's whole history" since he began using encryption! 12:01 CoinFLEX Claims Roger Ver is to blame for their withdrawal issues and $47 million debt! 13:18 A crypto mining company located in Switzerland has expanded its operations to Texas! 13:53 Celsius rejects charges that Alex Mashinsky attempted to depart the United States! 14:42 Ripple and Lotus cars team together for the NFT series! 15:11 NFT artists are struggling to price mints. 16:06 The hacker has returned half of the $3.8 million stolen from NFT lender XCarnival. 16:37 Tomorrowland is about to release the Reflection of Love NFT Collection! 17:10 Months after a $625 million heist, the Axie Infinity NFT game reopens transactions!

Anonymous collective video rehashes a laundry list of Kwon's alleged crimes. Anonymous blasted Kwon for his "arrogant tactics" and "acting as he would never fail" Terra co-founder Do Kwon is "brought to justice as soon as possible" according to the video. Yuga Labs, the creators of the Bored Ape Yacht Club nfts, has sued artist Ryder Ripps and his associates. The case accuses them of producing and marketing knockoff nft's that depreciate the originals. The legal firm Fenwick & West filed it on Friday in the US District Court for the Central District of California. Binance is expanding training for the Federal Police in Brasilia. This is the first time a platform of this kind has done something like this. The three-day seminar will cover blockchain and cryptocurrency principles, as well as anti-money laundering rules and laws. The Ministry of Justice and Public Security in Brazil aims to commit more resources to teaching the public about cryptocurrencies. TIME Magazine has increased its footprint in the cryptocurrency and nft industries by teaming up with The Sandbox to develop TIME Square in the metaverse. Times Square in Midtown Manhattan, New York, is a well-known cultural hub, commercial junction, tourist destination, and neighborhood. TIME Square will be a "natural bridge" connecting the company's virtual community, historical coverage, global collaborations, and live events. A Web3 startup duped guests by posing as Snoop Dogg. The impostor was called "Doop Snogg" and he pretended to be the rapper. He disguised himself with a fake mustache, a counterfeit safety guard, and a borrowed Cadillac Escalade SUV. During a huge committee meeting this week, NFT supporters were yanked on the thread. Coffeezilla has raised concerns about USDD, a new stable coin created by the TRON DAO Reserve. Justin Sun, the USDD's creator, has fled many countries for fear of jail, and a former employee has accused the company of insider trading. Since the Arbitrage project's mechanism has been deactivated, USDD does not yet function as an algorithmic stable coin. Salvatore Ferragamo has a station at the OpenSea event where consumers may design and mint their own nft's. The booth is part of a larger unveiling of a new SoHo concept business. The Harmony Protocol is offering a one-million-dollar reward for information leading to the recovery of $100 million in cryptocurrency stolen on its Horizon bridge. Hackers stole $100 million in Wrapped ERC20, SUSHI, DAI, Tether, and USD Coin before exchanging them for ethereum. Following the discovery of the hacker's address, the company is engaging with "national authorities and forensic specialists" to retrieve the funds. 0:16 Harmony is offering a $1 million bounty after discovering a $100 million altcoin hack! 0:34 Binance is attempting to teach federal law enforcement about Bitcoin! 1:13 Salvatore Ferragamo creates an nft booth in SoHo! 1:29 Yuga Labs initiates a lawsuit against Bored Ape Yacht Club NFT clones! 1:56 Coffeezilla says Justin Sun's USDD might be a Ponzi scheme! 2:49 TIME joins forces with The Sandbox to create TIME Square in the Metaverse! 3:19 At the New York NFT conference, a Web3 startup deceived attendees by hiring a phony Snoop Dogg! 3:50 Anonymous threatens to expose Do Kwon's corrupt practices!

In this first podcast episode we will be talking about what has been happening in the digital world around crypto, nfts, web3, metaverse, etc. 0:17 FINA will reward nfts to world champions who break records in 2022! 0:54 Eminem and Snoop Dogg reunite in a video featuring nft! 1:26 Binance announces the launch of an Institutional Platform for vip high rollers! 1:56 Coinbase Derivatives exchange introduces nano bitcoin futures. 2:28 The creators of bayc describe a conspiracy film as a crazy disinformation campaign! 3:27 Madhavan joins the realm of nfts with the film rocketry! 3:56 Celsius Network engages advisors in advance of possible bankruptcy! 4:30 Don Diablo began The first outdoor traveling nft sculpture. 5:03FTX is considering buying a stake in crypto lender BlockFi! 5:33 Analysts think that Apple's AR/VR headset will be available in January! 6:07A crypto-themed restaurant in Los Angeles has paused accepting bitcoin! 6:36 Bitcoin's energy consumption falls as its price falls! 7:25 M&M's are coming to the metaverse! 7:49 Harmony's cross chain horizon bridge has been hacked for $100 million! 8:20 Following a ToS update, WeChat has banned all cryptocurrency-related content! 8:56 An anonymous person sent 600 million DOGE to Robinhood! 9:30 Ripple intends to employ 50 developers as it establishes a presence in Toronto! 10:24 STEPN's GST token has dropped 98 percent in two months! 11:21 Authorities in Spain intend to compel cryptocurrency investors to divulge the value of their holdings! 11:55 Goldman Sachs joins the list of wealthy investors interested in crypto lender Celsius' assets!

Cristiano Ronaldo has entered into an exclusive multi-year deal with Binance to use NFTs. The startup is hoping to get football fans into the Web3 ecosystem. As part of the partnership, Ronaldo will help create a series of NFT collections. The first collection will only be offered on the Binance NFT platform. Tether is launching a stablecoin backed by GBPT. They want to avoid the volatility that makes bitcoin unsuitable for most transactions. With $68 billion in circulation, Tether's stablecoin is the third-largest by market capitalization. Its tokens are backed by currencies, government debt, and corporate short-term debt. The National Hockey League has lofty goals for the NFT, and it is ready to share the majority of them with the rest of the world. The NHL has partnered with NFT platform Sweet to create a one-of-a-kind NFT marketplace. The marketplace is expected to open in October, just in time for the start of the 2022-2023 season. In March 2022, Instagram will be turned into an NFT marketplace. Users will be able to share their NFT on both Instagram and Facebook at the same time. In 2022, Instagram will also launch a "Creator Marketplace" where creators may be identified and paid. The Instagram Market is currently being tested, but it is not yet live. BinanceUS is the first American cryptocurrency exchange to waive trading costs on a wide range of Bitcoin pairs. Users may now trade bitcoin in real time against the US dollar, BUSD, and tether for free. It is substantial, but it may be a viable option for a company whose primary income strategy is built on such payments. Traders who accessed the Coinbase Exchange order book directly received lower prices from Pro. It will be replaced by Advanced Trade, a service with comparable features that will be hosted on the main site. The online auction company is staying quiet about the deal's value, although it did say in a press release that it was completed on June 21st. NFTs can be posted on eBay in the same way that actual objects can, but they cannot be sold alongside them. There are limits on sales, such as a $10,000 ceiling and a buy it now model. Dissrup is a forum for cultural enthusiasts to donate digital and physical relics. This collection will comprise unique digital artworks as well as handcrafted physical and augmented reality wearable masks created in collaboration with well-known artists. Pop culture icons Lady Gaga and Grimes wore these masks as music video props. Dissrup intends to continue fighting popular misunderstandings about NFTs. Knight Dragon has announced the start of the £140 million London property tokenisation project. The corporation has tokenized its economic rights in Building 4 of the Upper Riverside Development, which includes 191 units. Atom 8 Limited, a Web3 technical consultancy, aided with the token development. The Futureverse Foundation of FLUF World will grant awards to underrepresented artists in the metaverse and in real life. In a statement, Keanu Reeves said, "The NFT world has certainly done a good job of giving back over the last year."

HyperMint, a utility NFT minting service, has finally been introduced by MoonPay! Burberry teams up with Mythical Games to launch a new NFT collection! Snoop Dogg registers new trademarks for NFT and Metaverse! That absurd NFT demonstration was a fabrication! Beverly Hills Is Entering the Metaverse with Virtual Concerts and NFTs! The Lacoste Discord server has been compromised! Polygon asserts that it has achieved carbon neutrality! Los Angeles will host the World's Largest Blockchain Expo! Binance and the premium brand Vertu Paris have collaborated to develop new smartphone NFTs! On locked-staking action, Binance Staking will offer an APY of 36.79 percent! Terra innovators are not allowed to leave South Korea!

On Friday, a class-action complaint was filed in US District Court in Northern California. According to plaintiff Nick Patterson, Terra tokens were given as "unregistered securities" In 2018, he and Daniel Shin co-founded Terraform Labs with the goal of upending payment behemoths like PayPal. Do Kwon, the Terra co-creator, is named as a defendant in the action. At the start of the next Iranian calendar month, the energy to bitcoin mining equipment will be turned off. Although the country already has 118 certified cryptocurrency mining locations, these units will be required to unplug from the national grid. Noah Davis, who worked on Beeple's "The First 5,000 Days" NFT, has joined the firm as the Punks brand manager. The move indicates that Punks are likely to return to the National Futurity Fund (NFT) sector. The parent business of CryptoPunks has hired a brand lead for the NFT initiative. Nayib Bukele, El Salvador's president who helped Bitcoin become legal tender, addressed investor concerns when BTC began trading for less than $20,000. SafeMoon, a Binance Smart Chain cryptocurrency project, has seen its value collapse despite a network update that was expected to raise interest in the coin. The project's credibility has been called into doubt following allegations of a rug-and-pull operation. Coffeezilla, a YouTuber, made some of the allegations public. Kevin O'Leary feels that the failure of large and overleveraged crypto enterprises would be beneficial to the sector. In a recent interview with CNBC, O'Leary stated that a wipeout involving a large player with sophisticated holdings may be helpful to any financial market. According to documents, Mars is working on "entertainment services" based on its well-known product. Snack companies are beginning to experiment with NFTs and the metaverse. Cadbury uses augmented and virtual reality technology to take couples to the moon for a virtual courtship trip. Mars, Inc. has yet to issue an official statement in response to the recently released "Snickers" NFT patents. Jay Chou, a mandopop phenomenon, and Paris Saint-Germain are collaborating on a new art project. The artwork incorporates PSG's mascot as well as Chou's particular design style. Chou is now collaborating with the PSG Endowment Fund to promote awareness and funds for disadvantaged children. Relevant Customs, an underground sneaker manufacturer, is partnering with ClubRare to auction off a "artist proof" pair of the famed Brooklyn Zoo shoe. The item is worth more than $25,000 because just 10 pairs were ever created. This sought-after sneaker will be auctioned off as an NFT-backed item with metaverse exclusivity on June 21 at https://clubrare.xyz.

Coinbase, a digital currency wallet and trading platform, is being sued in a class-action lawsuit over its marketing of the cryptocurrency TerraUSD. According to the lawsuit, the firm misled the plaintiffs and class into believing they were acquiring a "reserve-backed stablecoin" . According to the lawsuit, TerraUSD was touted as a sort of investment that could "virtually eliminate volatility,". The complaint also claims that the devaluation of TerraUSD caused investors to lose almost $18 billion in a couple of days in May. Milberg Coleman Bryson Phillips Grossman, a legal firm, filed the action.

The Ten Thousand TYGA PFP NFT collection was released on June 17, 2022, according to Kreation and TYGA. Each piece of NFT art serves as a digital key to exceptional in-person incentives such as unreleased tunes and behind-the-scenes information. They also get first dibs on the rapper's future albums and a sought-after cameo in one of his videos. The T10T NFT Collection will be accessible only on the Magic Eden launchpad, which has over 800,000 unique users each day. It is created with the assistance of Magic Eden and the Metaplex Protocol.

Pinkfong, the worldwide entertainment company behind Baby Shark, has published Baby Shark: Series No. 2 as their second official NFT drop. When it released its first NFT series in December 2021, it was an instant success, earning over $196,000 in first sales. MakersPlace will include 10,000 special creative NFTs featuring Baby Shark and family elements. The Baby Shark team is now working on their second series, which will be released after their successful participation in NFTs. The second NFT drop's main purpose is to build and develop the global Baby Shark community, both online and offline.

Meta Pylon is a nonfungible token created in Japan that connects NFTs to 3D goods in the metaverse. Through 5,555 on-chain interactive, issued tokens, it hopes to encourage NFT owners to participate in the Metaverse. Sato Masahiro, better known as Q-TA, is on the committee for Gucci's #GucciGram initiative and the Disney campaign Alice Through the Looking Glass.

According to FBI special agent Sean Ragan, there has been an increase in investment-related fraud on LinkedIn. Fake accounts frequently pretend to be affiliated with actual and successful businesses or to represent individuals with an "entrepreneurial spirit" From January 2021 to March 2022, US cryptocurrency traders lost $575 million due to investment fraud, according to the Federal Trade Commission. Unlike Twitter and Instagram, LinkedIn does not presently provide profile verification for famous members. Oscar Rodriguez, LinkedIn's head of trust, privacy, and equity, stated that the number of fraudsters on the network is growing. "In recent months, we have seen an increase in fraudulent activity across the Internet, including here on LinkedIn," Rodriguez said in a blog post-Thursday.

Meta, Facebook's parent company, has announced a new collaboration with three great fashion brands: Balenciaga, Prada, and Thom Browne. Mark Zuckerberg, the group's Chief Executive Officer, and Founder revealed the news on Friday. Details about the move stated that the tool will be available on three Meta social media platforms (Instagram, Facebook, and Messenger) within the next two months. In the next months, the avatars will be available on Facebook, Instagram, Messenger, and Messenger. This collaboration comes on the heels of Tag Heuer's watch that can show non-fungible token art and Dolce & Gabbana's entry into the NFT arena.

The Federal Reserve's chairman, Jerome Powell, discussed the Fed's aim to manage stablecoins and the prospect of a central bank digital currency. Stablecoins are cryptocurrencies that are linked to fiat money, such as the US dollar. In contrast to digital assets such as Bitcoin, whose value fluctuates rapidly, this helps maintain their value consistent, making them ideal for digital payments. Stablecoins may make it easier for traders to move money around on an exchange than transferring funds from a bank account. A digital currency backed by the Federal Reserve might be a viable alternative to stablecoins such as Tether or USDC. This type of transaction would be significantly safer and faster than it is currently since it would operate on a blockchain network. The Fed also intends to poll the general public on the dangers and advantages of cryptocurrencies, as well as the prospect of a CBDC.

GainBitcoin is India's largest-ever crypto Ponzi scheme, costing victims billions of dollars. GainBitcoin, an intricate pyramid scam, has lost a total of over 1 trillion Indian rupees, which is more than $12.8 billion. For 18 months, the organization guaranteed its victims a 10% monthly return on Bitcoin-on-Bitcoin deposits. Bhardwaj is thought to have profited between 385,000 and 600,000 Bitcoins, and police in Pune, Maharashtra's state capital, is said to have traced over 60,000 user IDs and email addresses implicated in the case. With Bhardwaj gone, the next top suspect is his brother Ajay Bhardwaj, who did not comply with the order to provide his late brother Amit with his crypto wallet username and password to India's Ministry of Finance Department of Revenue's Enforcement Directorate.

Circle, the company behind the USDC stablecoin, is introducing a new digital asset called Euro Coin (EUROC). On June 30, the new Euro Coin will debut as an ERC-20 token on the Ethereum network. "Euro Coin is being issued under a regulated framework for money transmission, under the same statutes that regulate USDC, with full reserves in Euro," Circle CEO Jeremy Allaire tweeted. He also stated that Euro Coin will have "the same security, liquidity, and transparency" as USDC, the industry's second-largest stablecoin with a $54.61 billion market value. "There is clear market demand for a digital currency denominated in euros," Circle CEO Jeremy Allaire stated.

Elon Musk, SpaceX, and Tesla are being sued for their involvement in a racketeering scheme. The argument centers on Dogecoin, a cryptocurrency based on an allegedly hilarious internet prank supported by Musk. Keith Johnson filed the case in the United States District Court for the Southern District of New York this morning. However, the value of the cryptocurrency has subsequently plunged, resulting in layoffs at cryptocurrency trading companies such as Coinbase. Johnson is seeking $258 billion in damages on behalf of "a class of individuals who have lost money trading in Dogecoin since April 2019." This is more than double SpaceX's total value in late May.

Yves Saint Laurent Beauté announces its entry into the NFT space. The beauty brand will launch several NFTs and create an NFT wallet dedicated to its community. YSL Beauté’s first NFT drop occurred on June 15. The 10K YSL Beauty Golden Blocks NFTs assist as a token of population concentration. Finally, it will open utilities by the year for its owners. It has collaborated with several Web3 players, including Wunderman Thompson agency and Arianee Web3 solutions on its debut.

Ben Armstrong, a cryptocurrency YouTuber, has declared his intention to pursue a class-action lawsuit against Celsius and its CEO. His problem is that he is unable to pay off loans using current cash on the platform and must instead deposit fresh dollars to do so. Because Armstrong has not "officially began moving" co-plaintiffs have yet to be added. Celsius is either bankrupt or having serious liquidity issues as a result of the crypto market crash. On Monday, the company halted withdrawals and reportedly transferred $320 million in assets to pay down loans. Users with less than $25,000 on the platform may be able to recover their assets soon.

Tether hopes to one day abandon the use of commercial paper to support its US dollar-based stablecoin. Tether's commercial paper holdings have been reduced to $11 billion. The company intends to reduce it even further, to $8.4 billion by the end of June 2022, in order to ultimately eliminate its commercial paper underpinning. “This will gradually decrease to zero without any incurrences of losses. All commercial papers are expiring and will be rolled into U.S. Treasuries with a short maturity.” Tether has denied making loans to the cryptocurrency venture capital firm Three Arrows Capital, calling the charges categorically false.

Michel Cadot, the French government's Olympic envoy, recommended the use of NFT tickets for the Paris 2024 Olympics. Cadot believes blockchain technology is more secure than traditional ticketing techniques. Participants will get their digital tickets through SMS and QR codes just a few days before the event. According to Michel Cadot, each event attendee should receive their ticket as a rotating QR code using blockchain technology. Olympic competitors are no strangers to NFTs. The UK Olympic squad, for example, issued its own NFT series the previous summer.