• Blur is a non-fungible token (NFT) marketplace which has recently made waves in the crypto world. • It offers users the ability to purchase multiple NFTs from different marketplaces in one transaction, a unique feature that its competitors do not have. • Despite this, BLUR’s native token has plunged over 98% from its all-time […]
Kategorie-Archive:Allgemein
Whale Sells Record 1,010 NFTs for $18.6M in ‚Largest Dump Ever‘
• A whale, Jeffrey Hwang (also known as Machi Big Brother), sold 1,010 NFTs for a total of 11,680 ETH or $18.6 million over the course of 48 hours. • Andrew Thurman hypothesised this to be the largest NFT dump ever. • The sale was followed by the purchase of 991 NFTs shortly after, potentially […]
Cardano Rallies After Valentine Upgrade: $110 Million Locked Value
• Cardano’s Valentine upgrade is now live, pushing the token’s price up 5%. • The upgrade was aimed at improving security and interoperability. • The locked value of tokens on Cardano-based dApps increased over 100% since the start of the year to over $110 million. Cardano Releases Valentine Upgrade The Cardano (ADA) blockchain has released […]
3AC Founders Launch Open Exchange Amid Crypto Community Outrage
• The Three Arrows Capital (3AC) hedge fund has launched a new project in collaboration with Coinflex, called Open Exchange (OPNX). This is the world’s first public marketplace for trading in crypto claims and derivatives. • Despite the 3AC founders‘ attempts to rebuild trust after the project’s devastating collapse last year, many investors remain wary. […]
Binance Ends Wallet Services for WazirX, Dispute Follows
Summary: • Binance has stopped its wallet services for WazirX due to false claims made by Zanmai Labs, which manages WazirX. • A public argument sparked the end of the collaboration between two firms on Twitter regarding who holds authority over WazirX. • A recent proof of reserves report revealed that 90% of user assets […]
McDonald’s Could Accept Dogecoin as Payment, Elon Musk Offers to Eat Happy Meal on TV
• Elon Musk, CEO of Tesla and a proponent of the cryptocurrency Dogecoin, made headlines with a Twitter acquisition deal. • Musk recently tweeted that he is open to the idea of eating a happy meal live on television, provided that McDonald’s accepts Dogecoin as payment. • Twitter users have responded to the tweet in […]
BudBlockz: Revolutionizing the Cannabis Industry with Blockchain Technology
– BudBlockz is a crypto project running on the Ethereum blockchain that seeks to enhance operations in the cannabis markets. – Its primary goal is to enable easy, global access to the cannabis market in a secure and decentralized way. – BudBlockz is leveraging the blockchain to enhance transaction processes for cannabis users and has […]
BIS Bulletin Outlines Solutions to Crypto Industry Risks
Bullet Points: • The Bank for International Settlements (BIS) has suggested possible solutions to the numerous risks of the crypto industry. • The BIS has outlined policy actions such as encouraging sound innovation with central bank digital currencies (CBDCs) to address the inefficiencies of traditional finance and limit global crypto adoption. • The authors of […]
Genesis Global Trading Let Off 30% of Workforce Amid Financial Struggles
• Genesis Global Trading Inc. has let off 30% of its workforce due to the ongoing financial difficulties they are facing • This follows the company’s previous round of layoffs in August of 2022, after they had provided funding to the now-bankrupt crypto hedge fund Three Arrows Capital Ltd. • Interim CEO Derar Islim informed […]
China Court Rules Cryptocurrency Investments Not Legally Protected
• The Shanghai Qingpu court in China declared that investments in cryptocurrency-powered play-to-earn (P2E) games are not legally protected. • The Beijing First Intermediate People’s Court ruled in September 2022 that digital currencies can be protected by the law as virtual assets. • A 2022 global crypto adoption index chain analysis shows that China is […]