Coinbase Wallet said on Thursday that it would no longer allow NFT transfers for iOS customers because of the 30% gas tax that Apple adds to each transaction. In response to Apple’s drastic cutbacks, MetaMask wallet co-founder Dan Finlay said that he is ready to join Coinbase in abandoning the
December 3, 2022 1 min read
Casa, a business that provides security services for Bitcoin, stated on Wednesday that it will soon begin offering the same solutions for Ethereum and assets built on top of it. According to a statement released by Casa, the firm will begin rolling out Ethereum compatibility to users in January. Casa
December 1, 2022 1 min read
The Kraken crypto exchange stated today that they had slashed their personnel by 30%. The decision was called one of the toughest choices at Kraken to date in an official blog post by the exchange. As a result, 1,100 individuals lost their jobs “in order to adapt to current market
December 1, 2022 1 min read
OpenSea, a marketplace for NFTs, has stated that it intends to incorporate BNB Chain on its Web3 NFT marketplace protocol by the end of 2022. Because of Seaport Protocol, OpenSea users will soon be able to list, trade, and acquire BNB Chain NFTs. Binance’s BNB token is used to fuel
November 30, 2022 1 min read
Serum (SRM), a decentralized cryptocurrency exchange financed by FTX, informed its 215,000 Twitter followers that the project is “defunct” after the spectacular collapse of FTX and directed them to a community-led fork of the project. Serum, with its fork named OpenBook, offers a ray of hope. There is already a
November 30, 2022 1 min read
An alleged message from Elon Musk, the new owner of Twitter, claims that Apple has pulled its ads from the platform. Elon Musk, in light of Apple suspending its advertising plans on Twitter, tagged Apple’s CEO Tim Cook in a tweet asking if the tech giant was opposed to free
November 29, 2022 1 min read
According to reports, a huge number of employees at Candy Digital, a sports and entertainment NFT firm that was created in 2021 and grew to a value of $1.5 billion the same year, were let go today. Sportico was the first to break the story. That Candy had fired more
November 29, 2022 1 min read
Bitget, a cryptocurrency and derivatives exchange, stated on November 25 that it has registered in Seychelles, Africa, to accelerate its worldwide development. Bitget hopes to double its current workforce size of 800 employees by the end of the first quarter of 2023, reaching 1200 employees in total. The company is
November 27, 2022 1 min read
Bitwise, a leading cryptocurrency asset management firm, has resubmitted its ETF proposal to include Bitcoin futures (ETF). The proposed fund would use a Cayman Islands-based wholly-owned subsidiary to invest only in Bitcoin futures contracts. Due to the high price tag and high complexity of the planned solution, Bitwise withdrew its
November 27, 2022 1 min read
Because of the widespread impact of FTX’s demise, several U.S. regulatory authorities are now looking into the crypto exchange and other centralized operators. According to Barron’s, regulators in many states are now looking into Genesis Global Capital. As per Alabama Securities Commission Director Joseph Borg, who spoke with Barron’s, “several
November 26, 2022 1 min read
