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Haliey Welch, known as the Hawk Tuah girl, has emerged after a 372-hour silence to announce her cooperation with a law firm suing the creators of the failed HAWK meme coin, which collapsed shortly after launch. Despite her involvement as a face of the project, her spokesperson claims she had no control over it and received only a fixed sponsorship fee. The lawsuit, filed by 12 plaintiffs alleging over $151,000 in damages, does not list Welch as a defendant, a strategic decision by the law firm to expedite potential recovery for investors.
Tomarket, a popular Telegram game, is launching its TOMA token on the Aptos network on December 20, following a shift from The Open Network. An airdrop will distribute 80% of the total token supply, with eligibility based on specific in-game tasks. Players can claim their tokens through centralized exchanges or external wallets, with further developments planned post-airdrop, including a Farming Pool feature.
Pixelverse is set to launch 'MemeBattle,' a tactical deck builder game featuring characters based on popular cryptocurrency memes, including Brett and others from the Base network. Players can create squads and compete for rewards, with an initial release of 10 meme coin characters in January. The game follows Pixelverse's success with PixelTap and is supported by significant funding from Gate.io's Meme Fund and venture capital firms.
Blockchain gaming is evolving as major studios like Sony and Square Enix adopt layer-2 solutions, enhancing player experiences and reducing onboarding friction. Despite ongoing skepticism about credibility, over 71% of gamers recognize ownership as the primary benefit of blockchain games. The industry is shifting from traditional play-to-earn models to merit-based systems, emphasizing seamless integration and community-driven game development.
SatLayer has integrated with the Sui blockchain, enabling developers to utilize Bitcoin's significant market presence in decentralized finance applications. This collaboration aims to enhance the tools available for building secure decentralized applications, leveraging Sui's speed and scalability alongside Bitcoin's security.In related news, the Babylon Chain has surpassed $3.6 billion in Bitcoin deposits, reflecting a growing interest in restaking platforms. With significant backing and partnerships, both SatLayer and Babylon are positioning themselves as key players in the evolving DeFi landscape.
The Philadelphia 76ers have launched "Spectrum Sprint," a free-to-play mobile game in collaboration with Crypto.com, featuring pixel art and side-scrolling gameplay through iconic Philadelphia landmarks. Players can earn digital collectibles and compete for exclusive prizes, including courtside seats and VIP experiences, while an in-game leaderboard tracks top performers. This game is part of a three-game Web3 series celebrating the team's Nike City Edition uniforms, with the first game already released and a third set to debut in March.
The U.S. Treasury has sanctioned two individuals, Lu Huaying and Zhang Jian, for their involvement in a North Korean crypto money laundering network that funds the regime's weapons programs. The sanctions freeze their assets and prohibit American businesses from engaging with them. Additionally, the FBI warns that North Korean cybercriminals are increasingly targeting cryptocurrency firms, employing sophisticated social engineering tactics to steal digital assets.
The Nigerian Economic and Financial Crimes Commission has arrested 792 individuals linked to a massive cryptocurrency romance scam operation, which involved foreign nationals training locals to defraud victims online. This crackdown follows a similar operation in Hong Kong, where 27 people were arrested for a deepfake romance scam that defrauded victims of approximately $46 million. Authorities emphasize that foreign criminals are exploiting Nigeria's reputation to conduct their schemes, but enforcement actions are intensifying to combat these frauds.
Atsuko Sato, owner of the original Doge meme dog Kabosu, has granted IP rights for her new Shiba Inu, Neiro, to the Own the Doge DAO. This move aims to resolve the ongoing dispute over various Neiro-inspired meme coins, with the DAO set to vote on which token, if any, will hold official rights. The outcome could significantly impact the market, as one Ethereum-based Neiro coin has a market cap nearing $663 million.
Bitcoin is nearing its all-time high, trading at $103,100, just shy of the record $103,679 set earlier this month. While Bitcoin has risen over 3% in the past week, Dogecoin and XRP have seen modest gains, with Dogecoin currently at $0.403 and XRP at $2.42, despite recent volatility in the market. Overall, the crypto market is down slightly by 0.3%, with liquidations totaling about $196 million in the last day.
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