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Search Results for: Ethereum

Kevin O’Leary Considers 10,000 Crypto Tokens As Worthless

Kevin O’Leary, the Shark Tank famous television celebrity has made a sensational comment about the existing cryptocurrencies. On the wolf of all streets podcast show with Scott Melker, Kevin mentioned many of the cryptocurrencies would reach zero in no time.  The session titled “Every Unregulated Token Will Go To Zero”

February 9, 2023 2 mins read

U.S SEC Intends to Ban on Crypto Staking Says Coinbase CEO

Crypto exchange Coinbase CEO Brian Armstrong was alarmed about the rumors he received that the U.S. Securities and Exchange Commission (SEC) wants to “get rid of individual investors” from staking cryptocurrency. According to a February 9th tweet from Coinbase’s Chief Executive officer, the U.S SEC intends to ban retail investors

February 9, 2023 2 mins read

DataStax Launches New Cloud Service to Spur Rapid Web3 Innovation

Astra Block Transforms Process of Building and Scaling Web3 Experiences With a Real-time, Off-chain Copy of Entire Ethereum Blockchain Dataset on the Massively Scalable Astra DB Database SANTA CLARA, Calif.–(BUSINESS WIRE)–DataStax, the real-time AI company, today announced the launch of Astra Block, a new service delivered within the Astra DB

February 8, 2023 4 mins read

Core DAO Launched Its CORE Token

Today, a layer 1 blockchain Core DAO publicly launched its first-ever Airdrop for its native token CORE. Also, the token was made available to users with an opening price of $4.27. At the time of writing, CORE traded at $5.95, which surged over 40% in just half an hour of

February 8, 2023 2 mins read

Saudi Metaverse Partnership Pushed Sandbox (Sand) Price by 30%

The Sandbox (SAND) experienced a surge of 30% following the announcement of a strategic partnership between itself and Saudi Metaverse. The first government-backed blockchain project in the Kingdom of Saudi Arabia. Through this partnership, Sandbox will collaborate with Saudi Metaverse. Thus bringing its world-building tools and expansive NFT library to

February 8, 2023 2 mins read

Barry Silbert’s DCG Reportedly Sells Portion of Grayscale Shares

It has been reported that Digital Currency Group (DCG), a cryptocurrency holding company, has started selling its stake in crypto funds run by its subsidiary Grayscale Investments in an effort to raise cash and retain liquidity. U.S. securities documents seen by the Financial Times on February 7 revealed that DCG

February 8, 2023 1 min read

ConsenSys To Support Lawsuit Challenging IRS Over Tax on Staking Rewards

On Tuesday, leading blockchain firm ConsenSys made public its intention to contribute to a case that challenges the Internal Revenue Service’s (IRS) authority to tax staking rewards. The Jarretts, a Tennessee couple, filed a claim against the IRS in 2021 to recoup the federal income taxes that had been withheld

February 8, 2023 1 min read

Jim Cramer ‘Reiterate’ on Crypto Bull Market

Jim Cramer, a famed host of CNBC’s Mad Money, stated in his recent Twitter post, “I reiterate it is a bull market”, as he claimed in January that ‘the current bullish cloud lasts for the next few months’. Since the start of 2023, the cryptocurrency market signals a bullish trend.

February 8, 2023 2 mins read

Former Coinbase Product Manager Admits Insider Trading

Ishan Wahi, the former product manager for Coinbase Global Inc (COIN.O), entered a guilty plea on Tuesday in what U.S. prosecutors have dubbed the first insider trading case using cryptocurrency. As per reports, the prosecutors claim that Wahi gave his brother Nikhil and friend Sameer Ramani access to confidential information.

February 8, 2023 2 mins read

Sorare NFT Card of Giannis Antetokounmpo Sells For $187,000

On Sunday, a 1/1 NFT card of Giannis Antetokounmpo sold for $187,000 in Ethereum, setting a new record for the most ever paid for a Sorare NBA card. For such a young platform, this month’s sales were particularly impressive. The one-of-a-kind Antetokounmpo NFT sold at auction over the weekend on

February 7, 2023 1 min read