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Treasury Secretary Yellen Privately Lobbies Against Tax Amendment Crypto Industry Wants: Report
7.8.2021
U.S. Treasury Secretary Janet Yellen has reportedly raised objections to lawmakers about the cryptocurrency tax amendment to the $1 trillion infrastructure bill that is supported by the crypto community. The White House subsequently announced its support for a competing amendment. Yellen Exerting...
White House Backs Crypto Tax Amendment Endorsing Proof-of-Work in Infrastructure Bill
6.8.2021
The White House has endorsed an amendment to the $1 trillion Infrastructure bill that supports proof-of-work over all other consensus mechanisms. However, the crypto community is supporting a different amendment. White House Takes Stance on Infrastructure Bill’s Crypto Tax Amendment The White...
Join The Smart Marketing Token (SMT) and Revolutionize Blockchain Marketing
6.8.2021
PRESS RELEASE. The fast-paced nature of the blockchain industry means that new crypto projects face the problems of a highly competitive market. This makes marketing a major aspect for projects to have a chance to gain traction within the crypto community. However, existing marketing services...
Ethereum Community Gears up for the Long-Awaited London Fork Set to Go Live on August 5
4.8.2021
The Ethereum community has been gearing up for the highly anticipated London Network Upgrade which should take place on August 5 around 2:00 p.m. (EDT). Node operators have been asked to upgrade their nodes as soon as possible, as the upgrade is scheduled to take place at block height 12,965,000....
The PACT Token Community Has Got a Gamified NFT Platform
3.8.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
The creators of the PACT token have launched their own NFT platform. Its feature is gamification. Every PACT holder can create an NFT character here. The standard cost of any of the four avatars—a warrior...
ETH Compatible BCH Sidechain Smartbch Successfully Launches Three Nodes
31.7.2021
The day before the fourth Bitcoin Cash anniversary, the Smart Bitcoin Cash team (Smartbch), announced the project has launched three nodes as genesis validators. Smartbch disclosed that Btc.com, Viabtc, and Matrixport are participating and the project has officially started its voting period....
Report Suggests Robinhood Owns Largest Dogecoin Address and Third-Largest BTC Wallet
30.7.2021
Last February the crypto community was obsessed with a specific dogecoin address that happens to be the largest dogecoin holder today with over 36 billion DOGE. One armchair sleuth studied a number of onchain transactions and suspected the company Robinhood owned the wallet. Now the individual...
Bitrue Aims to Democratize Token Listing Rights by Opening Voting Power to Users
29.7.2021
Digital asset exchange Bitrue is seeking to engage its user community directly by distributing decision-making power for adding new token projects after the listing team thoroughly vets them. Platform Advancing Further Voting Powers in Future Updates Blockchain’s innate ability...
Erik Voorhees lashes ‘disgusting’ behavior of Bitcoin Maxis: ‘Not the community I come from’
29.7.2021
Erik Voorhees is embarrassed by toxic Bitcoin maxis and told a podcast: “I don't know when they got into Bitcoin, but absolutely that is not the community that I come from in Bitcoin.”
Kenyan Farmers Pivot to Cryptocurrency as Popularity of Community Currencies Grows
28.7.2021
The growth and popularity of community inclusion cryptocurrencies in Kenya continues to soar with the country’s rural farmers being the latest group to embrace the financial technology. As one report reveals, some farmers in Kenya’s countryside are now accepting cryptocurrency...
Firebird Finance Expands to The KuCoin Community Chain
26.7.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Today Firebird Finance has announced the project will expand to the KuCoin Community Chain (KCC). The protocol, live on Polygon and Binance Smart Chain, is looking to become a first-mover into the new network....
FTX Slashes Leverage Limit from 100x to 20x — Community Suspects Competitors Will Follow Example
26.7.2021
FTX CEO Sam Bankman-Fried told his Twitter followers on Sunday that his crypto exchange has lowered its margin trading limit from 101x to 20x. Prior to the change, FTX supported 50x, 100x, and 101x leverage but Bankman-Fried said these high leverage positions represent “a tiny fraction...
Users Criticize Uniswap’s Decision to Remove Over 100 Tokens From Main Interface
25.7.2021
The largest decentralized exchange (dex) platform, in terms of trade volume, Uniswap has revealed the dex has removed a number of tokens from the platform interface. The community assumes the tokens could be deemed securities by global regulators. Uniswap users can still swap these tokens...
Reddit deploys layer-2 solution aimed at scaling Ethereum-based community points
23.7.2021
“You’ll notice transactions happen much faster, and once you’ve created a Vault, you won’t have to keep claiming Moons every month,” said Reddit if the solution is migrated to the Ethereum mainnet
Reddit Chooses to Leverage Arbitrum’s Layer-2 Tech With Community Point ETH-Based Tokens
23.7.2021
On July 22, developers working on the platform Reddit, the social news discussion aggregation forum, revealed that the team was scaling Reddit’s community points program with the Ethereum Layer-2 solution Arbitrum. Currently, Reddit developers are testing the community point tokens on top...
Ethereum Gaming Token Axie Infinity Taps Another All-Time Price High
23.7.2021
On Friday, the game token utilized within the Axie Infinity gaming realm has once again captured another all-time price high at $32.17 per unit. The game token has outperformed a great majority of crypto assets by commanding more than 844% in gains during the last month. Axie Infinity Outperforms...
‘Ethereum: The Infinite Garden’ Documentary Project Raises 1,036 Ether
21.7.2021
A documentary project called “Ethereum: The Infinite Garden” has raised 1,036 ether to complete its fundraising proposal. The project will use these funds to finance the first feature-length Ethereum documentary, that will cast members from the community and key individuals from...
EtherLite (ETL) Token Is Now Listed on Bitcoin.com Exchange
20.7.2021
PRESS RELEASE. Bitcoin.com Exchange is thrilled to announce the listing of ETL, being available to trade on the 19th July 2021 at 16:00 UTC. ETL was created by the EtherLite team, as the utility token for their borderless, decentralized network with validators and community members from all around...
Bella and Dinoswap to Expand Utility for Community Users
19.7.2021
In a communique, Bella Protocol has announced its partnership with Dinoswap, which offers the services of building liquidity infrastructure for blockchains operating on layer-one and automated market maker domains. This partnership is touted to be a game-changer as it offers to extend the benefits...
Position Exchange: The New Next-Gen Decentralized Trading and Exchange Platform
16.7.2021
PRESS RELEASE. Position Exchange’s Team is pleased to announce the launch of its new Decentralized Trading & Exchange Community driven platform. What is Position Exchange? Position Exchange is the new Decentralized Trading & Exchange platform, powered by a virtual Automated Market...