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Ukraine's Game4Ukraine Soccer Match Utilizes Metaverse for Fundraising
4.8.2023
Besides the real-world event, Game4Ukraine, a charity soccer match announced by Ukrainian President Volodymyr Zelenskyy, will also be played at a virtual stadium for the metaverse visitors - featuring exclusive perks.
The celebrity match will take place on August 5 at Chelsea’s Stamford Bridge...
Binance approves Shiba Inu as collateral asset
4.8.2023
The cryptocurrency exchange also announced the addition of 22 cryptocurrencies as loanable assets and collateral assets on its Flexible Loan and VIP Loan services
Solana Tokens or: How I Learned to Stop Worrying and Love the Points
3.8.2023
Could loyalty programs and token airdrops embiggen Solana DeFi? Danny Nelson heads to Utah to find out
GHO and FDUSD Stablecoins See Massive Supply Growth in Recent Debut
3.8.2023
In a recent turn of events, the cryptocurrency world has been introduced to two stablecoins anchored to the U.S. dollar — Aave’s gho (GHO) and First Digital’s stablecoin FDUSD. These dollar-tied tokens have rapidly gained momentum, witnessing substantial growth in market...
Huobi’s Jun Du acquires 10 million CRV tokens to support Curve
3.8.2023
Du said the existing challenges were transitory and that he believes the industry would benefit from collective support
Binance starts BTC/FDUSD and ETH/FDUSD trading pairs with zero-fees
3.8.2023
Users can trade ETH/FDUSD with zero maker fee, while the standard taker fee will apply based on the user's VIP level
Creator of Record-Breaking NFT Beeple Purchases First PFP NFT: CryptoPunk #4593
3.8.2023
Beeple, the creator of a $69 million non-fungible token (NFT), has bought his very first profile-picture (PFP) NFT - and it's from one of the world's most popular collections, CryptoPunks.
Mike Winkelmann, known as Beeple, bought CryptoPunk #4593 on Tuesday, August 1, for ETH 113.69 ($208,463)...
Elon Musk tweets and Twitter bot spam influences altcoin prices: Study
3.8.2023
The study also questioned whether FTX or Alameda had any role in coordinating Twitter bot activity for its own gain
Binance CEO CZ Explores Diversifying Stablecoin Strategy, Eyes Smaller Algorithmic Tokens
2.8.2023
During a Twitter "Ask Me Anything" (AMA) session on July 31, Binance CEO Changpeng "CZ" Zhao expressed his intention to introduce smaller algorithmic Stablecoins to the market for investors to have alternatives to the existing global Stablecoin giants.
In the session, CZ highlighted concerns...
Gamestop to Sunset Crypto Wallet Amid Regulatory Uncertainty; Advises Users to Secure Passphrase
2.8.2023
Gamestop, the American retailer known for specializing in video game sales, has announced its intention to eliminate its iOS and Chrome Extension crypto wallets on November 1, 2023. The company cited the decision as a response to the existing “regulatory uncertainty of the crypto space.” Gamestop...
Ripple CEO slams SEC over use of XRP report in lawsuit
2.8.2023
Brad Garlinghouse stressed Ripple's unchanged commitment to transparency but hinted that future reports might undergo some changes
Binance Japan to Launch With 34 Listed Cryptocurrencies
2.8.2023
Binance, which is preparing to launch its new Japanese platform in August, will offer users the opportunity to trade 34 coins, local crypto media reported. Besides major cryptocurrencies such as bitcoin and ether, Binance’s own token will also be among the listed digital assets. Binance...
FTX Unveils Reorganization Strategy, Proposing ‘Offshore Crypto Exchange’ and New Trust
1.8.2023
In the midst of the bankruptcy proceedings, FTX presented its primary reorganization strategy and term sheet to the U.S. bankruptcy court, detailing an ambitious plan to reinvent FTX as an “offshore crypto exchange” while also founding a new limited liability trust. At this time, the proposed...
IRS: Crypto Staking Rewards Taxable Once Investor Gets Hands on Tokens
31.7.2023
A cryptocurrency investor rewarded assets for validation activity on a proof-of-stake network should count the rewards as income in the year the investor gets control of those tokens, according to a ruling issued Monday by the Internal Revenue Service (IRS)
SEC Files Lawsuit Against Richard Heart and Companies Hex, Pulsechain, and Pulsex
31.7.2023
The U.S. Securities and Exchange Commission (SEC) filed a lawsuit Friday against Richard Schueler, known as Richard Heart, and his companies Hex, Pulsechain, and Pulsex, alleging they raised more than $1 billion through unregistered securities offerings. SEC Lawsuit Accuses Richard Heart of Running...
Japanese Blockchain Developer HashPort Group Raises $8.5 Million in Funding
31.7.2023
In its latest funding drive, HashPort, the Japanese blockchain developer, has garnered a whopping 1.2 billion Japanese yen (equivalent to $8.5 million).
The Series C funding round was led by major players like Sumitomo Mitsui Banking Corporation, The University of Tokyo Edge Capital Partners,...
Gucci Material NFT Holders to Redeem for Wallets and Branded Duffle Bags
31.7.2023
Fashion giant Gucci has decided to reward some of its non-fungible token (NFT) holders with special physical items.
This, according to Vogue Business, will be either a Gucci bag or wallet - the type that can't be bought otherwise.
Per the project description, the options are a Gucci bifold wallet...
Top 5 Tron tokens and their applications
31.7.2023
Tron, the digital platform that is decentralized and blockchain-based, owns its very own cryptocurrency, the Tronix or TRX. Founded in 2017, the Tron Foundation, a Singapore-based non-profit organization, bags the credit for discovering Tron. Tron Foundation focuses on anchoring a global...
Memecoin mania hits Base: Obscure tokens skyrocket amid rug pulls and FOMO
31.7.2023
Memecoin traders have been buying up obscure tokens such as Bald and Based, which have each seen staggering price gains despite questionable utility
Ethereum is about to get crushed by liquid staking tokens
31.7.2023
The popularity of liquid staking tokens could usher in a new age for Ethereum and the rest of cryptocurrency — and play a key role in the new bull market