Search Results for: Ethereum

Arbitrum Paving the Way for L3s: Offchain Labs Co Founder

Layer 2 scaling solutions, like Polygon, Arbitrum, and Optimism, are improving different aspects of L1 blockchains, including decentralization, security, and interoperability. Meanwhile, Layer 3 networks, with their application-specific paradigm, are customizing trends and progress in the broader blockchain ecosystem. New paradigms and decentralized applications (dApps) are continually emerging in this

September 18, 2023 7 mins read

Yuga Labs and Magic Eden Partner to Launch New NFT Marketplace

Stoner Cats NFT Floor Price Surges After U.S SEC Action

The Stoner Cats NFT collection is based on an animated series in which a group of cats and an old lady spend their time chilling out while high on cannabis. Seth MacFarlane from “Family Guy,” Chris Rock, and Jane Fonda all featured in the series, which was created by prominent

September 17, 2023 1 min read

Asset Management Firm Ikigai Liquidates $65M Claim in FTX

FTX Fixes Claims Portal With New Security Mechanisms Post Exploit

After a serious cyberattack, FTX has finally fixed its claims site. Kroll, FTX’s third-party agency managing creditor claims, was the planned victim. However, FTX responded quickly, freezing impacted user accounts as a preventative action to guarantee the safety of its customers. Interestingly, a technique known as “SIM swapping” was the

September 17, 2023 1 min read

Kresus Crypto Wallet Offers a Hassle-Free Solution for NFTs Storage via Sotheby's Metaverse

Magic Eden Embraces Solana’s cNFTs Offering Affordable Option

As a more affordable and scalable approach to owning digital collectibles, Magic Eden, a marketplace for NFTs, has announced its support for Solana’s compressed NFTs (cNFTs). Compressed and held off-chain, cNFT data is what sets them apart from regular Solana NFTs. Since there are less costs associated with minting them,

September 16, 2023 1 min read

Mark Cuban Criticizes SEC Over Crypto Regulation Ahead of U.S. Elections

Billionaire Investor Mark Cuban’s Crypto Wallet Drained of $870k

Mark Cuban, billionaire businessman, allegedly had one of his hot wallets emptied of about $870k worth of cryptocurrency. On September 15 at about 8 pm UTC, a blockchain investigator Wazz initially noticed the exploit after drawing attention to unusual activity in one of Cuban’s wallets that he hadn’t used in

September 16, 2023 1 min read

Cardano Spot’s Role in Advancing Web3 Adoption: EMURGO Managing Director

The Web3 space is hinting at its entry into a decade of bullish transformation, evolving from being perceived as a mere buzzword to an innovation with higher utility. Key players in the industry are aiming to turbocharge the expansion and adoption of this revolutionary iteration of the Internet. TheNewsCrypto sat

September 16, 2023 11 mins read

Indonesia Closes 10 Bitcoin Mining Operations Over $1M Power Theft

Bitcoin Mining Goes Green: Over 50% Renewable Energy Usage Achieved

It seems that the criteria set by Elon Musk in 2021, that miners must use around 50% renewable energy sources “with positive future trend,” has been reached. The amount of Bitcoin mining energy originating from renewable sources has surpassed 50%, according to Bloomberg analyst Jamie Coutts, who posted the news

September 16, 2023 1 min read

Beyond Investing: Unlocking Passive Income with TokenCoin

TokenCoin has emerged as a pioneering company, specializing in high-performance cloud computing power mining services. TokenCoin is a reliable choice for individuals looking to generate passive income through cloud mining, offering transparency, diverse plans, and a commitment to excellence. In the fast-paced world of cryptocurrencies, where innovation and opportunity abound,

September 15, 2023 2 mins read

Bitcoin BSC Crypto ICO Reaches 50% Of Soft Cap After Raising Almost $2 Millions in 10 Days

Monaco, Monaco, September 14th, 2023, Chainwire Emerging project Bitcoin BSC (BTCBSC) is proud to announce that it has raised over $1,700,000 surpassing 50% of the presale stage, leading up to its soft cap goal. The project has gained traction for combining Bitcoin’s branding with staking rewards and the speed of

September 14, 2023 2 mins read

Fantom Challenges the Status Quo With Innovations: FTM CEO

The Layer 1 and Layer 2 populace are expanding with the foray of new chains that bring upgraded solutions to the blockchain ecosystem. Among them, DAG-based Fantom emerges as a competitive smart contract platform to Ethereum. TheNewsCrypto had the exclusive opportunity to interview Michael Kong, the Chief Executive Officer (CEO)

September 14, 2023 6 mins read