Binance Generates 90% of Revenue From Transaction Fees, Changpeng Zhao Says
7.12.2022
Cryptocurrency exchange Binance generates 90% of its revenue from transaction fees, CEO Changpeng "CZ" Zhao said
Ukrainian Tailor’s Shop a Front for Illegal Crypto Mining Farm
7.12.2022
A tailor’s shop in Kovel, Ukraine, has been exposed as a front for an illegal crypto mining operation. Its masterminds connected their rigs to the local power grid – and stole electricity to power their efforts....
Read More: Ukrainian Tailor’s Shop a Front for Illegal Crypto Mining Farm
Decentraland launches virtual property renting for LAND owners
7.12.2022
The metaverse platform announced that users who own LAND within Decentraland can officially rent out the rights to the space through the digital marketplace
Developer of Popular MetaMask Wallet Reduces Customer Data Retention to 7 Days After Backlash From Community
7.12.2022
ConsenSys, the developer of the popular crypto wallet MetaMask, has reduced the retention of MetaMask user data to 7 days following massive community backlash.
In a November 6 blog post, the company announced its data retention update, reducing the amount of time it will keep user data such...
Early Access’ Chainlink Staking v0.1 live on Ethereum mainnet
7.12.2022
Early Access takes the opportunity of making its formal announcement with regards to its Chainlink Staking being successfully positioned live on the Ethereum mainnet. The entire team at Early Access happens to be extremely excited about this occurrence, as it has a great amount of significance...
Will Snowfall Protocol (SNW) take over washed-up cryptocurrencies – Solana (SOL) & Nexo (NEXO)?
7.12.2022
With an industry as competitive as crypto, there is always a rapidly growing alternative. Make way for a new name in the market – Snowfall Protocol (SNW), which is taking the industry by storm and already giving its competition a tough time! So much so that there have already been questions...
Report outlines reasons why stakeholders are against CBDC
7.12.2022
The American Banking Banking Association highlighted that a CBDC issued by the U.S. Federal Reserve lacks “compelling use cases.”
Ledger Reveals New Crypto Hardware Wallet Designed by iPod Creator Tony Fadell
7.12.2022
On Tuesday, the hardware wallet manufacturer Ledger announced the launch of a new device called Ledger Stax. The machine was designed by iPod creator, Tony Fadell, and the France-based firm Ledger says the new device was built with “uncompromisingly secure architecture.” iPod Creator Tony Fadell...
US lawmakers want State Department to justify crypto rewards and disclose payouts
7.12.2022
The State Department should submit a report on the use of cryptocurrencies as a viable reward payout with evidence that suggests it's more encouraging for whistleblowers
Rally in Crypto Game Axie's AXS Token Faces Skepticism From Derivative Traders
7.12.2022
With a favorable environment for alternative cryptocurrencies far away, a rise in open interest in AXS futures implies traders shorting the rally, one trader said
Gate.io pledges $100M to revive crypto and rebuild investor confidence
7.12.2022
With investors moving their funds away from exchanges into self-custody, market liquidity concerns are an immediate threat to struggling crypto businesses
Crypto Infrastructure Firm Blockstream Seeks to Raise Funds at 70% Lower Valuation: Bloomberg
7.12.2022
The under $1 billion valuation is a far cry from the $3.2 billion valuation it had received in 2021