After a clean break over $1,350 and $1,400, Ethereum picked up steam. There is no relationship between Poloniex and Poland. The network has launched its ninth shadow fork to test Ethereum’s impending move from a proof-of-work consensus paradigm. Ethereum has been experiencing a series of test forks replicating the data
July 19, 2022 2 mins read
There are now more than 1.2 million SHIB token holders. BONE’s new minting rate has just been updated by the Shiba Inu team. BONE, Shiba Inu’s ecosystem token, is nearing the 50,000 round threshold in the number of holders. According to the BONE Twitter account, there are presently 49,278 BONE
July 18, 2022 1 min read
Only Otherdeed and “Selected Third-Party Developers” will be able to participate. Yuga Labs, believe interoperability is essential to the ethos of future internet. Bored Ape Yacht Club’s founders. Yuga Labs have released Otherside, a much-anticipated metaverse game platform. 4300 players, dubbed “Voyagers,” were invited to a tech demo and tour
July 18, 2022 2 mins read
On June 29, European Parliament members had already enacted the TFR. FATF members are chosen by their countries, not by a democratic process. MiCA (Markets in Crypto-Assets), the E.U.’s major legislative plan to manage the crypto-asset business in its 27 member nations, received the green light on the final day
July 17, 2022 2 mins read
The problem has been resolved since infringing ENS domain names were removed. OpenSea recently stated that it would lay off 20% of its personnel. Trademark objections from the Recording Industry Association of America (RIAA) have prompted NFT marketplace OpenSea to remove numerous tokens from its database. OpenSea has had a
July 17, 2022 1 min read
Lizarraga’s nomination was approved by the Senate on June 16. At the SEC, Lee argued that the agency needed to “evolve with changing technologies.” Allison Herren Lee, a member of the US Securities and Exchange Commission’s (SEC) board of commissioners, has formally stepped down after more than three years of
July 16, 2022 2 mins read
An “ape” with a blue bandanna sold for 2,691 ETH early Friday morning. Punk #4156 was acquired for 2,500 ETH in December 2021 before today’s auction. Following the dip in the price of Ethereum, a rare CryptoPunks NFT sold for $3.3 million—a $7 million loss for the seller. However, if
July 16, 2022 2 mins read
Finzer is certain that the NFT industry will continue to improve. June saw a 73% drop in the amount of Ethereum NFT trading on the market. OpenSea, the leading NFT marketplace, has laid off almost 20% of its staff. According to CEO Devin Finzer, who announced the news through Twitter
July 15, 2022 2 mins read
An additional element came into play in India: a 1% TDS from July 1st, 2022. Prices of cryptocurrencies like Bitcoin and Ethereum have continued to plummet. Inflation, rate hikes, and increasing fuel prices have all affected the volume of crypto exchange activity. From July 1, 2022, onwards, an additional element
July 15, 2022 2 mins read
Almost a tenth of the asset’s $4.4 billion market value has been rescued. More than 23,000 WBTC (equivalent to $440 million) were returned. After retrieving 400,000 Staked Ethereum in collateral from an Aave loan, the troubled crypto lending company Celsius has paid off virtually all of its outstanding DeFi debt.
July 13, 2022 1 min read
