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Vulcan Forged PYR(PYR)
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$4.6834
(-2.88%)
0.00007540 BTC
Market Cap (Rank#331)
$131,602,542
2,119 BTC
Vol 24h
$4,745,802
76.406 BTC
Circulating Supply
28,100,000
Max Supply
50,000,000
36 days ago • coindesk
U.S. Government Study Concludes No NFT-Specific Legislation Needed, Current Copyright Laws Adequate
The current intellectual property laws are adequate to deal with concerns about copyright and trademark infringement associated with non-fungible tokens (NFTs).
107 days ago • cryptopotato
Disney’s Vintage Mickey Makes Waves in NFT World After Copyright Expiry
OpenSea experiences a surge in trading activity as the vintage Mickey NFT craze takes hold after the expiration of the 95-year copyright limit.
120 days ago • cryptopotato
Stablecoin Issuer Tether Blacklists Ethereum and Tron Wallets: Report
Upon examining the Ethereum addresses, there are a few questionable transfers, possibly tied to the Finiko pyramid scheme.
148 days ago • cointelegraph
OpenAI and Microsoft sued over alleged unauthorized use of authors’ work
Julian Sancton, an author and Hollywood reporter, accuses Microsoft of being aware of OpenAI’s indiscriminate internet crawling for copyrighted material.
164 days ago • cointelegraph
OpenAI promises to fund legal costs for ChatGPT users sued over copyright
OpenAI joins Google, Microsoft and others in legally backing their users if they face legal action over copyright infringement.
168 days ago • cointelegraph
Law professor says blockchain tech could ‘revolutionize’ copyright offices
According to the research, blockchain provides several game-changing benefits for intellectual property licensing and management.
169 days ago • coindesk
'A Pyramid of Deceit': Prosecutors Begin Closing Argument in Sam Bankman-Fried Fraud Trial
Prosecutors are hoping the four-week case will lead to a conviction on seven charges.
170 days ago • cointelegraph
AI chatbots are illegally ripping off copyrighted news, says media group
AI developers are taking revenue, data and users away from news publications by building competing products, the News Media Alliance claims.
170 days ago • cointelegraph
US judge deals blow to artists in copyright suit over AI generated art
A judge mostly sided with Midjourney, DeviantArt and Stability AI’s bid to dismiss the artists’ class action lawsuit that accused the firms of copyright infringement.
175 days ago • cointelegraph
Ryder Ripps ordered to pay Yuga Labs $1.6M in copyright lawsuit
The NFT artists were also ordered to cover Yuga Labs’ legal fees after determining the trademark infringement constituted an “exceptional case.”
175 days ago • cointelegraph
How Google’s AI legal protections can change art and copyright protections
Amid myriad legal accusations surrounding its AI services, Google stands its ground, vowing to protect its users.
182 days ago • cointelegraph
Universal Music Group sues Anthropic AI over copyright infringement
Universal Music Group, Concord Publishing and ABKCO Music & Records alleged that Anthropic “unlawfully” copied and disseminated “vast amounts of copyrighted works” from the publishers.
183 days ago • cointelegraph
MetaMask briefly pulled from App Store, British MPs argue for caution with NFT copyright infringement: Nifty Newsletter, Oct. 11–Oct. 17
Decentraland Foundation executive director Yemel Jardis believes the NFT market slump is not a sign of regression but maturity.
188 days ago • cointelegraph
Google to protect users in AI copyright accusations
Google explicitly stated that only seven products fall under this legal protection excluding Google's Bard search tool.
191 day ago • coindesk
U.K. Group Calls for NFT Copyright Infringement Safeguards and Code of Conduct
The Culture, Media and Sport Committee, which includes representatives from several political parties, started an inquiry into non-fungible tokens in November.
200 days ago • cryptopotato
AirBit Club Co-Founder Sentenced to 12 Years in Prison for Crypto Pyramid Scheme
Six AirBit executives had previously pleaded guilty for their roles in the Ponzi scheme.
232 days ago • zycrypto
Ethereum Rode The Wave Of XRP’s Victory To Surpass $2000, But More’s Calling
Ripple Labs’ “pyrrhic victory” sent virtual currency prices surging to new highs, with Ethereum (ETH) latching onto the bullish wave to hit $2,000.
233 days ago • cryptodaily
Ronaldinho’s Crypto Controversy: Soccer Star Misses Scam Hearing
Brazilian football legend Ronaldinho Gaúcho is embroiled in a cryptocurrency scandal, facing potential detention due to his alleged involvement in a pyramid scheme.
Missed Testimony and Legal Implications
The former football star's iconic status reportedly led to financial losses for numerous investors. As a result, he was summoned by the Brazilian Chamber of Deputies’ Financial Pyramids Committee to testify on August 24 regarding his alleged association with the companies 18kRonaldinho and LBLV.
However, adverse weather conditions disrupted his travel plans, resulting in the cancellation of flights to the hearing's location in Porto Alegre.
The committee has granted Ronaldinho another chance to testify, rescheduling the hearing for August 31. If he fails to appear again, authorities have warned that law enforcement agents could take more drastic measures.
Key Players and Allegations
Other than the former football player, the investigators are also looking into his brother Assis and business partner Marcelo Lara in their involvement in the venture. The firm, 18kRonaldinho, has been accused of orchestrating a cryptocurrency scam reminiscent of a pyramid scheme by allegedly promising daily returns exceeding 2%.
The company lured investors to commit at least $30 worth of cryptocurrency. These investors are now demanding approximately 300 million reais or $61 million for the damages incurred. They claim the venture deceived them through false promises and illegitimate use of Ronaldinho's name and image.
Ambassador or Accomplice?
Despite the allegations, Ronaldinho is maintaining his innocence in the matter. His legal team has contended that he was merely an "ambassador" for the company, asserting that his name and image were exploited without proper authorization. They argue that he was also a victim of the fraudulent operation, similar to many investors.
Despite Assis' claims that Ronaldinho has cooperated with investigations and provided clarifications to the nation's Public Ministry, lawmakers remain skeptical. They insist that Ronaldinho must testify in person to provide a firsthand account of his involvement.
However, this isn't the first legal issue Ronaldinho has faced. In 2020, he and his brother Assis were arrested in Paraguay for using forged passports. This incident, combined with Assis' involvement in the ongoing cryptocurrency investigation, raises questions about their credibility.
As the rescheduled hearing approaches, Ronaldinho's fate hangs in the balance. The authorities will scrutinize the football star's credibility and alleged role in the cryptocurrency scandal. Investors and fans alike await further developments in this unfolding controversy.
Many other football players and sportsperson have hitched their wagons to several crypto projects. Ronaldinho himself has several other projects brewing in the space.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
272 days ago • coindesk
Craig Wright Will Be Able to Fight Bitcoin Copyright Claim in UK After Winning Appeal
Craig Wright, who claims to be Bitcoin inventor Satoshi Nakamoto, will be able to argue his case that the Bitcoin file format should receive copyright protection under UK law after a bench of three UK judges accepted his appeal to a previous court denial, according to a court filing.
272 days ago • cryptodaily
Stablecoins: The New Favourite of Cybercriminals?
An expert on crypto has recently postulated that criminals are leaving Bitcoin in order to use stablecoins, which are considered to be an easier go-to for illegal financial activities.
From Bitcoin to Stablecoins
It has often been suggested, especially in the mainstream media, that Bitcoin was one of the main currencies in which to transact illicit activities. However, recent insights suggest a shift in this trend. Originally reported by CoinTelegraph, Tara Annison, the former head of technical crypto advisory at Elliptic, stated that the criminal underbelly of the crypto world is now leaning more towards stablecoins, particularly USD Coin (USDC), over Bitcoin.
Annison, during her presentation at EthCC in Paris, delved into the changing dynamics of crypto-related crimes. She pointed out that Bitcoin's decreasing popularity among criminals can be attributed to the rise of decentralised finance protocols, mixing services, and most notably, stablecoins. These digital assets, especially those pegged to the dollar, offer new, more discreet avenues for illicit transactions.
Why the shift to stablecoins?
Annison explains that assets like USDC offer easy access and can be effortlessly laundered through decentralised exchanges (DEXs). She remarked that in her view the deep liquidity and substantial volume on these platforms make them ideal for such activities.
However, it's not all gloomy. Annison highlighted a potential advantage for law enforcement agencies. Centralised issuers, such as Circle, have the capability to freeze specific USDC tokens. This means that before these criminals can convert their assets into fiat currencies through DEXs or centralised platforms, their funds can be halted. Annison commented that in her opinion we are witnessing a rise in blacklisted USDC and USDT accounts, effectively freezing assets that criminals can't access.
$7.8 billion in scams
Annison went on to say that stablecoins aren't the only concern. Ponzi and pyramid schemes continue to plague the crypto sector. A staggering $7.8 billion has been syphoned off from unsuspecting victims through these scams. Moreover, criminals are constantly innovating, employing techniques like chain swapping and asset swapping to obscure their tracks, using a myriad of tools, from DEXs to mixers, in order to muddy the trail for blockchain analytics firms.
In the light of crypto scams decreasing by 46% compared to previous years, Annison believes the current bear market in crypto is a significant factor, suggesting that with reduced hype and lower prices, the sector becomes less lucrative for criminals.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
273 days ago • cryptodaily
Crypto beats the doldrums and trends higher
After hitting the range bottom bitcoin looks to be heading higher once more. Altcoins are following suit.
Bitcoin bounce?
It is only a week since bitcoin made a new local high for this year and some of the altcoins made some excellent gains from the bottom. A week is a ridiculously short amount of time but it has to be remembered - this is crypto, and large moves up or down can often take place in days, hours, or even minutes.
Bitcoin did test the nerves at one point though. A wick on the daily time frame took the alpha cryptocurrency down to $29,600 at one point, but this touched a slightly upwards trendline which began on June 22, becoming the third touch of this particular support.
Now back over $30,000, the bulls are looking to drive bitcoin back to test the $31,000 to $32,000 major resistance once more. In order for the bull market to really be confirmed, this is the equivalent of the Pyrenees mountain range that must be crossed.
Altcoins bounce better
With bitcoin taking the initiative again the altcoins have also woken up and some are outdoing bitcoin quite handsomely on the day so far. The Total 3 market cap (total value of all cryptocurrencies after excluding bitcoin and ethereum) has risen $8 billion since Wednesday and is about to test the top of the down channel it has been in since mid-June of 2022.
A breakout of the channel potentially allows the altcoin market cap to rise to the next resistance at $407 billion, another $47 billion from here. Bitcoin Dominance is a very important factor. This experienced a sharp drop a week ago and has been forming a potential bear flag since then.
The dollar continues to show weakness
USDT Dominance is one more element to the puzzle. USDT fell through the upwards trendline it has been adhering to all the way back to November 2021. It did come back to test the line and make it resistance so it should start to decline from here. Currently at 7.10%, the next support for USDT Dominance is at 6.44%.
Finally, looking across at traditional markets, the Dollar Index (DXY) has been falling since September last year, as the US stock market heads in the opposite direction. If the DXY confirms 100.2 as resistance, a further decline to 94.5 would be where it will next find support.
It might seem as though the stars are aligning for bitcoin and the cryptocurrency sector. If the major resistance at $32,000 can finally be broken and bitcoin can hold above, blue skies until $36,000 are beckoning.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
287 days ago • cryptopotato
OpenAI Withdraws ChatGPT’s ‘Browse With Bing’ Feature Amid Copyright and Privacy Concerns
ChatGPT Plus is programmed to access the latest online information, which, reportedly, resulted in inadvertently accessing protected content.
321 day ago • cryptodaily
OvalPixel Launches Groundbreaking Play-to-Earn OPAIG AI Game Token
Los Angeles, USA, June 2nd, 2023, ChainwireOvalPixel announced the launch of its groundbreaking blockchain-powered artificial intelligence (AI) trivia game that pays players in crypto tokens.The OvalPixel AI game token with symbol $OPAIG allows players of all ages and experience levels, from gamers to grandmas, to earn OPAIG utility tokens by correctly answering trivia/quiz questions generated in real time by OvalPixel’s innovative AI system.We live in an age of constant connectivity and information at our fingertips. But one thing has been missing—until now. OPAIG is the first play-to-earn game that harnesses the power of AI, blockchain technology and crypto to revolutionize how people play and interact.Players can then exchange their OPAIG tokens for real money through the Banana Crystal Payments platform or use them in-game to buy exciting 3D NFT trophies from the FlatPyramid 3D Model Marketplace.To enable mainstream audience access, OvalPixel has partnered with Banana Crystal Payments. This allows anyone to play OPAIG and earn tokens which they can simply convert to USDT digital dollars. No complex crypto knowledge is needed.OvalPixel will institute a continuous buyback and burn mechanism to increase the value of OPAIG tokens over time. In addition to buying back and burning OPAIG tokens, OvalPixel will also buy back redeemed tokens and reintroduce them into the rewards pool. Thus, preventing the need to mint additional tokens and inflating the supply, and helping with the preservation of OPAIG’s value.This means that early adopters stand to gain the most as supply decreases and demand rises.The company will also airdrop free OPAIG tokens to early adopters and players.“We believe OPAIG represents the future of gaming, AI and blockchain technology,” said OvalPixel CEO George Egbuonu. “For the first time, we have created a seamless experience that fuses these revolutionary technologies in an accessible way for the masses. Players of all backgrounds can now enjoy the benefits of crypto and be rewarded for expanding their knowledge.”The OPAIG game is available now for play on the OvalPixel website. OvalPixel aims to onboardmillions of active players in the first year and demonstrate how blockchain and AI can go mainstream. The revolution starts today at OvalPixel with the fusion of AI, blockchain technology and crypto. Users can play to earn and get paid in crypto.OPAIG token is now trading on the Uniswap Polygon chain (Trading Pair: $OPAIG - $MATIC). Users can take part in the revolution and play to earn real crypto rewards.About OvalPixelOvalPixel provides a Play to Earn Blockchain-Powered AI Trivia & Quiz Game. The AI game generates new trivia multiple choice questions and answers on any topic on-demand so players are always challenged and expanding their knowledge. Players can play with ease and win OPAIG utility tokens and redeem them for digital dollars through the Banana Crystal payment platform.Visit: https://ovalpixel.com/About Banana Crystal PaymentsBanana Crystal is the leading peer-to-peer payment provider enabling user-friendly web3 payment technology. It provides onramp and offramp crypto-fiat and vice versa solutions as the official payment network for AI and Gaming Applications. It is the only payment network that works anywhere and everywhere in the world and its users are able to send and receive payments for FREE.Visit: https://www.bananacrystal.com/ContactOvalPixel AI Trivia Game | Play2Earn $OPAIG [email protected]
362 days ago • coindesk
Judge Rules Bored Ape Yacht Club Ripoff NFTs Violated Yuga Copyright
Use of BAYC trademarks by Ripps’ RR/BAYC was intended to confuse consumers, a U.S. judge in California has ruled
About Vulcan Forged PYR?
The live price of Vulcan Forged PYR (PYR) today is 4.6834 USD, and with the current circulating supply of Vulcan Forged PYR at 28,100,000 PYR, its market capitalization stands at 131,602,542 USD. In the last 24 hours PYR price has moved 0.1645 USD or 0.03% while 5,083,504 USD worth of PYR has been traded on various exchanges. The current valuation of PYR puts it at #331 in cryptocurrency rankings based on market capitalization.
Learn more about the Vulcan Forged PYR blockchain network and how it works or follow the price of its native cryptocurrency PYR and the broader market with our unique COIN360 cryptocurrency heatmap.
Introduction
Vulcan Forged PYR is a unique cryptocurrency that serves as the native token for the Vulcan Forged ecosystem, a comprehensive platform for blockchain-based gaming and NFTs. The PYR token is designed to facilitate all transactions within the ecosystem, including staking, gaming rewards, and marketplace transactions.
Technology & Mechanism
Consensus Mechanism
Vulcan Forged PYR operates on a Proof of Stake (PoS) consensus mechanism, which allows for faster transaction times and lower fees compared to traditional Proof of Work systems.
Blockchain Technology
PYR is built on the Ethereum blockchain, leveraging its smart contract capabilities to create a secure and decentralized gaming ecosystem.
Key Features
Scalability
With its PoS consensus mechanism and Ethereum's Layer 2 solutions, Vulcan Forged PYR offers high scalability, ensuring smooth and efficient transactions even during peak usage times.
Security
The use of Ethereum's blockchain technology ensures that all transactions within the Vulcan Forged ecosystem are secure and tamper-proof.
Privacy
While transactions are transparent on the blockchain, the identity of users remains private, ensuring a secure gaming and trading environment.
Decentralization
Vulcan Forged PYR is fully decentralized, with no central authority controlling the ecosystem. This ensures fairness and transparency in all transactions.
Development Team & Governance
The Vulcan Forged team is composed of experienced developers and gaming enthusiasts who are committed to creating a robust and user-friendly blockchain gaming platform. The project operates on a decentralized governance model, with PYR token holders having a say in the platform's future development.
Use Cases & Potential Impact
Vulcan Forged PYR has a wide range of use cases within the gaming industry, including in-game purchases, staking for rewards, and trading on the marketplace. Its potential impact is significant, as it could disrupt traditional gaming economies by providing a decentralized and secure alternative.
Purchase & Storage
How to Buy
PYR can be purchased on several major exchanges, including Uniswap and KuCoin. Users can trade other cryptocurrencies for PYR or buy it directly with fiat currencies on some platforms.
Wallets & Storage
PYR can be stored in any wallet that supports ERC-20 tokens, including MetaMask and Trust Wallet. For added security, hardware wallets like Ledger and Trezor are recommended.
Partnerships & Collaborations
Vulcan Forged has partnered with several other blockchain projects and gaming companies to expand its ecosystem and offer more value to its users.
Roadmap
The Vulcan Forged team has a detailed roadmap outlining future developments, including new game releases, platform upgrades, and expanded partnerships.
Risks & Challenges
Like all cryptocurrencies, PYR faces potential risks and challenges, including market volatility, regulatory changes, and technological hurdles. However, the team is committed to navigating these challenges and continuing to develop the platform.
Community & Regulatory Compliance
Community
The Vulcan Forged community is a vibrant and active group of gamers, developers, and crypto enthusiasts who support the project and contribute to its growth.
Regulatory Compliance
Vulcan Forged is committed to complying with all relevant regulations and laws, ensuring the platform's legality and safety for its users.
In conclusion, Vulcan Forged PYR is a promising project that combines blockchain technology with gaming, offering a unique and innovative platform for gamers and crypto enthusiasts alike. With its robust technology, active community, and committed team, PYR is poised to make a significant impact in the blockchain gaming industry.
| Vulcan Forged PYR Price | 4.6834 USD |
| Market Rank | #331 |
| Market Cap | 131,602,542 USD |
| 24h Volume | 4,745,802 USD |
| Circulating Supply | 28,100,000 PYR |
| Max Supply | 50,000,000 PYR |
| Yesterday's Market Cap | 137,735,968 USD |
| Yesterday's Open / Close | 4.7371 USD / 4.9016 USD |
| Yesterday's High / Low | 4.9282 USD / 4.6528 USD |
| Yesterday's Change | 0.03% ( 0.1645 USD ) |
| Yesterday's Volume | 5,083,504 USD |
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