Blockchain Gaming

Legal Battle for Former FTX Digital Markets Co-CEO

Saturday. August 31 at 7:00 AM

1 min. read

A federal judge has mandated Ryan Salame, former FTX Digital Markets co-CEO, to attend a hearing despite retracting a plea withdrawal request. Judge Lewis Kaplan ordered Salame to appear in court on Sept. 12 as part of his bail conditions. Initially set to begin a 90-month sentence on Aug. 29, Salame's prison term was postponed to Oct. 13 due to medical issues from a dog bite. His legal team sought to annul his guilty plea, alleging immunity for his partner, Michelle Bond. However, after Bond faced charges for campaign finance violations, Salame withdrew the petition. Prosecutors have yet to respond to this withdrawal. The outcome could impact the sentencing of other FTX and Alameda Research executives involved in illegal campaign funding. Former FTX CEO Sam Bankman-Fried received a 25-year sentence, while others await sentencing. Bitcoiners' support for Trump post-Bitcoin '24 is highlighted amidst the legal turmoil.

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Innovative Slot Game Wukong Launched by BC.GAME

Thursday. December 26 at 5:00 PM

NICOSIA, Cyprus, December 26th, 2024 - BC.GAME has introduced its newest slot game, Wukong, inspired by the popular AAA game Black Myth: Wukong. Launched on December 24, this 6-reel, 5-row slot game allows players to accompany Wukong on his epic adventure, with the potential to win up to 10,000 times their wager. Featuring iconic symbols from Black Myth: Wukong like Wukong’s Ruyi staff and treasure pearls, the game immerses players in a mythical realm. Gamers can utilize cryptocurrency for seamless gameplay, enhancing the overall experience. The BC.GAME platform now enables players to enjoy Wukong using $BC and various other cryptocurrencies. To celebrate the festive season, BC.GAME is organizing a large-scale event, distributing a total of 200 million $BC tokens. Players can receive complimentary $BC tokens for playing the Wukong slot game. CEO Jack Dorset expressed enthusiasm for the launch, emphasizing the platform's dedication to merging gaming tradition with cryptocurrency innovation. BC.GAME aims to establish itself as a premier crypto-powered gaming platform, offering secure and diverse gaming options such as slots, table games, and live casinos.

Blockchain Gaming

Floki Launches University to Educate Crypto Enthusiasts

Wednesday. December 25 at 5:00 AM

Floki has introduced the University of Floki to simplify the complexities of the cryptocurrency world. The educational platform aims to educate the growing community of crypto enthusiasts by offering courses ranging from basic blockchain concepts to advanced DeFi topics. With a focus on accessibility and engagement, the university plans to expand its course offerings led by industry experts. By breaking down intricate ideas into understandable content, the University of Floki seeks to accelerate mainstream crypto adoption. This initiative has garnered positive feedback from the crypto community, emphasizing the importance of practical utility over mere speculation. Positioned strategically to align with the projected increase in crypto users by 2025, Floki's educational efforts aim to empower users and solidify its global presence beyond financial tools. The University of Floki symbolizes the brand's dedication to fostering a knowledgeable and informed crypto user base.

Blockchain Gaming

Telegram's Financial Rebound and Regulatory Challenges

Tuesday. December 24 at 9:00 AM

Telegram achieved profitability in 2024, with revenue surpassing $1 billion for the first time. Pavel Durov, the platform's founder, announced this milestone, attributing the success to diverse monetization strategies. Revenue grew from $350 million in 2023, mainly due to a premium subscription service and expanded advertising. The company's crypto ventures, including the sale of Toncoin, helped address debts and improve liquidity. Despite financial success, Telegram faces regulatory scrutiny for illicit activities on its platform. To address concerns, the company has increased moderation efforts, blocking millions of groups engaged in illegal activities. While focusing on eradicating harmful content, Telegram continues to explore deeper crypto integration for new revenue streams. The platform's growth in blockchain gaming and tokenized Bitcoin transactions on Web3 apps highlights its evolving ecosystem. However, users are advised to exercise caution in cryptocurrency trading, as it remains a high-risk activity.

Blockchain Gaming

Satomony Launches Beta Platform for Bitcoin Asset Management

Tuesday. December 24 at 8:00 AM

Satomony has introduced a beta platform to simplify the management of Bitcoin UTXOs and assets like Ordinals, Runes, and rare sats. The platform aims to address existing adoption barriers by offering a user-friendly interface for consolidating, optimizing, and overseeing Bitcoin holdings. By leveraging features such as drag-and-drop asset management, automated fee adjustments, and one-click tools for extracting hidden sats, users can efficiently manage their assets. Strategic partnerships with industry leaders like Xverse, Leather Wallet, and Liqidium further strengthen Satomony's position in the Bitcoin ecosystem. The platform also hosts a Christmas Ordinals giveaway to engage the community and expand its user base. With a focus on innovation and user experience, Satomony is poised to become a key player in Bitcoin-native asset management, providing valuable solutions for both new and experienced participants in the crypto space.

Blockchain Gaming