The for-profit, philanthropic company is in the running for “Web 3 Pitch Fest,” with winners to be announced at Consensus. Danny Yang was part of the team behind what he calls a historic crypto transaction, when his non-fungible token (NFT) project became the first to mint 10,000 tokens in a single go. Although the project, called […]
Metagood Uses NFTs for Social Good Read More »
According to OKHotshot’s investigations, the attack was conducted by hacking into the Discord account of Boris Vagner, community and social manager at Yuga Labs. Yuga Labs, the creator of two of the most popular ape-themed nonfungible token (NFT) offerings — Bored Ape Yacht Club (BAYC) and OtherSide — witnessed yet another orchestrated phishing attack, with investors losing
Yuga Labs’ BAYC, OtherSide Discord groups breached, over 145 ETH stolen Read More »
With a growth of 1.30%, the combined crypto market capitalization has grown remarkably over the past weekend, considering the consistent onslaught the market has been experiencing across the board. With recovery currently underway, here are the top 3 altcoins charting a more bullish upside in the market as the new week comes into view. Cardano
Top 3 Biggest Gainers Amid Crypto Market Recovery Read More »
The U.S. Securities and Exchange Commission (SEC) has launched a game-show campaign to help investors make informed decisions “in a playful way.” One of the contestants in the game show chose to listen to a celebrity and invest in crypto. SEC Debuts ‘Game Show-Themed Public Service Campaign’ The SEC’s Office of Investor Education and Advocacy
South Korea’s rising interest in nascent tech could prompt other nations to take the idea of the Metaverse more seriously. South Korea, a nation known for its strict crypto regulatory stance, is betting big on the Metaverse. The government will invest over 223.7 billion won ($177.1 million) directly in various Metaverse projects. The decision to invest
South Korean government becomes an early investor in the Metaverse Read More »
The parliament of Japan has approved a draft law tailored to regulate stablecoins in the country and protect investors. The new legislation is among the first to be introduced after the recent collapse of the algorithmic stablecoin terrausd. Law on Stablecoins Approved in Japan in Aftermath of UST Collapse Lawmakers in Japan have passed a
Japan Adopts Legislation Establishing Legal Framework for Stablecoins Read More »
Short-term price action is stabilizing but expect a rise in volatility. Bitcoin (BTC) continues to face strong resistance at its 50-day moving average, which currently sits at $34,000. The cryptocurrency has been anchored to the $30,000 price level over the past two weeks, where a majority of the trading volume occurred. That could point to volatile price
Bitcoin Stuck Below $34K Resistance, Support at $20K-$25K Read More »
KenGen, Kenya’s largest energy producer, plans to deliver excess geothermal energy to bitcoin miners in the region. Kenya’s largest producer of electricity intends to deliver excess geothermal energy to bitcoin miners. Geothermal energy in the region is estimated to be above 14,000 MW with 10,000 MW located along the Rift Valley circuit. Over 80% of
KENYA’S LARGEST POWER PROVIDER TO OFFER GEOTHERMAL ENERGY TO BITCOIN MINERS Read More »
The Tex-Mex chain’s partnership with Flexa allows customers to pay with 98 different digital currencies, including BTC, ETH and SOL. Fast-casual chain Chipotle Mexican Grill (CMG) has begun accepting cryptocurrency payments through Flexa, a digital payments platform. Customers can pay for their burritos and other Tex-Mex favorites using Flexa at any Chipotle restaurant across the U.S.
Chipotle Now Accepting Cryptocurrency Payments at US Locations Read More »
Previous crypto bear markets triggered much bigger layoffs, with some firms like ConsenSys reportedly firing up to 60% of its workforce in 2018. Gemini, a cryptocurrency trading platform founded by brothers Cameron and Tyler Winklevoss, is the latest industry firm to lay off a significant part of its staff due to unfavorable market conditions. Winklevoss’
Major crypto firms reportedly cut up to 10% of staff amid bear market Read More »
