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Bitstamp cancels ‘inactivity fee’ plans after huge backlash
7.7.2022
Bitstamp makes a U-turn on the planned €10 'inactivity fee' against users after widespread criticism, cites administrative fees as the reason for the proposed move
Bitstamp Drops Inactivity Fee Following Massive Backlash From Community
7.7.2022
Luxembourg-based crypto exchange Bitstamp has abandoned plans to charge a monthly fee on inactive users with low balances after massive backlash from the community.
The exchange announced today that they are scrapping the idea, saying:
"After listening to our community’s response, we’ve changed...
Despite Backlash, Diablo Immortal Is Making A Million Dollars A Day
6.7.2022
In its first month of release Blizzard’s controversial new mobile game, Diablo Immortal, has racked up nearly $50 million in reported revenue across 10 million downloads. Even as debates and criticism swirled around the free-to-play RPG, data shows that the game has made at least $1 million a...
Mining Ban Sparks Negative Reactions From Iran’s Crypto Community
27.6.2022
The recently reintroduced seasonal ban on cryptocurrency mining has provoked backlash from the local crypto community. This week, the country’s power distribution company ordered miners to suspend activities citing electricity shortages during the hot summer months. Restrictions on Crypto...
How to Make Money From the Crypto Backlash
1.6.2022
Welcome to the hype-disappointment-devastation-education-conviction-hype cycle
Gaming Guild’s DAO Proposal to Refund Seed Investment Faces Backlash, Contract Breach Accusations
26.5.2022
After a USD 175,000 seed investment by crypto gaming guild Yield Guild Games (YGG) into the competing guild Merit Circle last year, the latter guild’s community members are now proposing to refund the investment, complaining about a “lack of value” received from the investors. According to...
FTX's Bankman-Fried Hints at Bitcoin Lightning Network Integration After Community Backlash
17.5.2022
After facing a backlash from the Bitcoin (BTC) community over comments to the Financial Times that Bitcoin is “not a payments network,” Sam Bankman-Fried, the billionaire CEO of crypto exchange FTX, now hints that his exchange may implement Bitcoin Lightning Network payments.
“Sounds right...
Luna Foundation Loans Out BTC to Defend Bitcoin Peg, Faces Community Backlash
9.5.2022
The Luna Foundation Guard (LFG), the entity tasked with holding bitcoin (BTC) as part of the reserves backing the TerraUSD (UST) stablecoin, has loaned out USD 750m worth of BTC to a trading firm “to help protect the UST peg.” Confronted with what this really means, Terra (LUNA) founder Do Kwon...
CRO Trims Losses as Crypto.com Scraps Plan to Cut Rewards After Community Backlash
3.5.2022
The crypto platform Crypto.com is again changing its stance on rewards in its own CRO token to cardholders, after a backlash from the community on plans to cut token rewards. CRO trimmed some of its earlier losses following the announcement.
At 13:07 UTC, CRO traded at almost USD 0.30 and...
ApeCoin integrates with Polygon amid NFT mint backlash and speculation
3.5.2022
ApeCoin DAO board member Yat Siu said that there is currently "no discussion" regarding an exclusive chain for APE
Yuga Labs’ Otherdeeds NFT mint triggers backlash from community
2.5.2022
Yuga Labs faces accusations of fraud, manipulation and preferential treatment from unhappy community members over Otherdeeds NFT mint
Square Enix Apologizes For Chocobo GP Grind Following Backlash
16.3.2022
Launch week was not kind to the $50 Final Fantasy kart racer Chocobo GP. Players were furious with the game’s microtransaction nickel-and-diming and grindy season pass. Posts warning about issues blew up on Twitter and Reddit, and now, Square Enix says it’s listening to the feedback and working...
Yuga Labs faces user backlash for under wraps KYC-restricted project
11.3.2022
Since Yuga Labs partnered with Animoca brands, other plans for a blockchain game expected to release in Q2 of 2022 have been revealed
EU Parliament Scraps Proof-of-Work Ban Following Backlash: Report
1.3.2022
How NFTs and the Metaverse Can Help Save the Planet
28.2.2022
The head of a leading South Korean cryptocurrency exchange has recently promised that its non-fungible tokens featuring the world-famous K-pop band BTS will be minted by “low carbon, eco-friendly” technology after receiving backlash from environmentally conscious young fans about...
Associated Press Cancels Sale of Migrant Video NFT After Backlash
25.2.2022
The video, which depicted a raft crowded with migrants, was a “poor choice” for an NFT, a spokesperson for the AP said
LooksRare team cashes out $30M in WETH, faces community backlash
15.2.2022
The price of the native token LOOKS tumbled by 15% after the news of the cash-out became public
YouTube sees ‘incredible potential’ in NFT video sales despite backlash threat
11.2.2022
“There’s a lot to consider in making sure we approach these new technologies responsibly, but we think there’s incredible potential as well,” said YouTube Chief Product Officer Neal Mohan
BuzzFeed backlash after ‘doxxing’ of Bored Ape Yacht Club founders
7.2.2022
Should Web3 billionaires be able to avoid public scrutiny under the guise of a pseudonym? With no clear answer, the community has lashed out at Buzzfeed for publishing the true identity of the pair behind the BAYC NFT collection
Nifty News: Coachella lifetime pass, WildEarth’s wildlife, Worms ditches NFTs after backlash
2.2.2022
The Worms franchise won’t be coming to the blockchain anymore, WildEarth TV has launched NFTs to support wildlife conservation and Rick Flair is set to be tokenized