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NFT Creators Face Down Scalability And Cost Constraints Amidst Demand
10.8.2021
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Although non-fungible tokens (NFTs) have been around since 2018, NFT market momentum began its surge in the second half of 2020. The ecosystem’s nascent...
Bank of America Sees Benefits in Adopting Bitcoin as Legal Tender in El Salvador
3.8.2021
Bank of America has outlined some benefits to be had from adopting bitcoin as legal tender in El Salvador. The opportunities include low-cost remittances, financial digitization, more choices, and greater investments from foreign companies. Bank of America Highlights Opportunities Bitcoin Brings...
Iran Raises Alarm Over Potential Influx of Miners From China
28.7.2021
With the government in Beijing cracking down on their operations, Chinese miners have been on the lookout for other jurisdictions. Providing low-cost energy, Iran has emerged as a prospective destination. However, the country’s state-owned power utility has expressed concerns over a possible...
1inch Foundation plans to distribute 10M tokens to compensate for gas costs
27.7.2021
Only users who stake 100,000 1INCH or more will receive a full refund for their gas fees
It's Not Every Day You Get To See New Footage From A Game Nintendo Cancelled Over 20 Years Ago
22.7.2021
Earlier this month a Mother fan pounced on a Japanese auction listing that was selling a Nintendo corporate CD-ROM from 1998, solely because that disc included footage of the cancelled EarthBound 64 for the Nintendo 64.Read more
Candidate for Kenyan Elections Body Says Adopting Blockchain Will Reduce Ballot Costs by 300%
19.7.2021
An aspirant to the post of commissioner with the Kenyan Independent Electoral and Boundaries Commission (IEBC) has urged the elections body to consider adopting blockchain technology. According to Justus Abonyo, a former official with the Social Democratic Party of Kenya, doing this will help Kenya...
Digital Euro Project Gets Going as ECB Launches Investigation Phase
15.7.2021
After months of deliberation, the European Central Bank has decided to proceed with a digital euro project. Officials insist the new version of Europe’s common currency should “ensure privacy” and provide access to “the safest form of money” at...
As BTC and ETH Pursue Multilayer Schemes, Elon Musk Says ‘There’s Merit to Doge Maximizing the Base Layer’
9.7.2021
The CEO of Tesla, Elon Musk, is a fan of base layers when it comes to blockchain technology and on Friday, Musk explained there’s “merit” to the Dogecoin chain “minimizing transaction cost.” Dogecoin developers are in the midst of preparing to update the Dogecoin...
Share Buyback Magic: Financial Forecaster Says Stock Market Rally Is All ‘Smoke and Mirrors’
5.7.2021
While the American economy witnesses small business failures across the nation, historical unemployment rates, major issues with the supply chain, countless product shortages, and the cost of goods and services inflating, the stock market continues to rally. The CEO of the Forward Thinking Group...
Altcoin Roundup: Smart investors don’t just buy dips, they dollar-cost average
2.7.2021
The crypto market may be down from its all-time highs, but dollar-cost averaging is still the best way to build long-term profits
BIS Economist Recommends ‘Technology-Neutral’ Crypto Regulation, Low-Cost Supervision of Decentralized Markets
2.7.2021
An economist with the Bank of International Settlements has found that cryptocurrencies are not sought as an alternative to fiat currencies or regulated finance, therefore a “technology-neutral regulation to this asset class” is recommended. The economist discussed “embedded...
Final Fantasy 'Pixel Remasters' Cost A Bunch And Have Tiny, Tiny Text
1.7.2021
Square Enix is no stranger to bafflingly ill-considered remakes of classics, and it’s starting to look like the “pixel remasters” of Final Fantasy I-VI might suffer the same fate. In short: price big, text tiny.Read more
Crypto Payments App Bottlepay Is Now Available Across Europe
9.6.2021
U.K.-based crypto payments provider Bottlepay has started offering services in other European countries. Users on the Old Continent will be able to send and receive even small amounts of euro and also buy, store and spend bitcoin with merchants accepting cryptocurrency. Bottlepay Promises Low-Cost...
PS5 x Balenciaga T-Shirts Cost More Than A PS5 Does
3.6.2021
PlayStation is normally pretty savvy when it comes to high-profile fashion collaborations, but this latest partnership with luxury label Balenciaga, consisting of a t-shirt and hoodie that both cost more than an actual PlayStation 5, is dumb.Read more
US Senator Urges Treasury Secretary Yellen to Take Action on Cryptocurrency Scams to Protect Investors
30.5.2021
U.S. Senator Rick Scott has urged Treasury Secretary Janet Yellen to take action on cryptocurrency scams, which he said have risen 1,000% in the past year and cost consumers at least $80 million. “This is an unregulated industry, and the alarming amount of criminal activity surrounding...
Reddit Asked The Apex Legends Team Why Skins Cost 20 Bucks
24.5.2021
The official Apex Legends subreddit hosted an AMA last week with the game’s development team. Fans had questions about everything from weapon balance to character tweaking, and most controversial of all, how the Apex Legends team monetizes its offerings.Read more
DeFi Transactions Cost An Arm and a Leg — But Not For Long
19.5.2021
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Transaction fees can cripple any cryptocurrency or blockchain network with ease. No one likes spending double-digit fees to move funds around or access...
SEC enforcement actions cost crypto firms and individuals $1.7B in penalties
12.5.2021
Of the 75 enforcement actions on crypto brought by the commission from 2013 to 2020, the majority involved allegations of fraud or unregistered securities offerings
Smoothy Listing on AscendEX
28.4.2021
PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the Smoothy Token (SMTY) under the pair USDT/SMTY on Mar 29 at 1:00 p.m. UTC. Smoothy is a novel single pool liquidity protocol...
Bitcoin Fees Tap $60 per Transaction, Users Say Fees Restrict Adoption, Others ‘Embrace’ the BTC Fee Pump
21.4.2021
On April 21, Bitcoin network fees touched an all-time high according to a number of transaction fee aggregators. The average bitcoin transaction fee is approximately $59.88 and the median fee is around $26.44 USD per transfer. Bitcoin Fees Climb Sky High After the Hashrate Plummeted The cost...