SuperRare, a Non-Fungible Token (NFT) marketplace, has declared a 30% workforce reduction. The curated NFT firm CEO John Crain revealed the 30% layoff on his Twitter account by posting a screenshot on January 7. Crain claimed in a statement shared on Twitter that the firm had to shoot up rapid
Mutant Ape Planet, the creator of a Mutant Ape Yacht Club rip-off line, has been detained in New York and accused of running a rug pull scam to swindle investors out of $2.9 million. On January 4, a homeland security agent named Ivan J. Arvelo arrested a French citizen named
The price of Shiba Inu (SHIB) is on the rise as Ethereum “whales” buy up large quantities of the cryptocurrency. Community members anticipate a dramatic increase in SHIB burn and usefulness on the chain in 2023, as main developers Shytoshi Kusama and Trophias, together with the Shiba Inu Ecosystem, tease
According to data provided by YCharts. The discount at which the Grayscale Ethereum Trust (ETHE) trades in relation to the price of Ethereum (ETH) is at an all-time high of 59.39%. Although the fund has historically traded at a premium to ETH. Since November 2021 it has consistently traded at
Ethereum’s total transactions have more than quadrupled that of Bitcoin. However, BTC remained the most popular crypto in 2022. And, despite the fact that ETH has received more transactions, Bitcoin has remained in the same position. BTC remains the undisputed monarch. According to data from Nasdaq and Ycharts posted on
Total value locked (TVL) for Lido Finance, one of several decentralized finance (DeFi) protocols, has risen to the top since the Ethereum merging in September. DeFiLlama reports that as of right now, Lido’s liquid staking protocol has a total market cap of $5.96 billion in TVL, which is more than
Ethereum was created on July 30, 2015, and it is the second-largest cryptocurrency. Since its inception, the price of Ethereum (ETH) has fluctuated between highs and lows, and it is the home of smart contracts and decentralized applications (dApps), contributing to a large portion of the total value locked in
On Thursday morning, the official Shark Tank Twitter account of Kevin O’Leary, nicknamed Mr. Wonderful, began advertising cryptocurrency giveaways in the form of bitcoin and ethereum. The account claimed that O’Leary has chosen to donate 5,000 bitcoin and 15,000 ether. Since he has gained so much money from cryptocurrencies in
Solona blockchain native token SOL fell by 15% on Thursday after Ethereum developer Vitalik Buterin tweeted support for the blockchain, which has been negatively affected by the collapse of FTX. According to CMC statistics, SOL has risen from its low of $8.19 on Thursday to $9.50. However, the token is
Donald Trump’s stockpile of non-fungible tokens (NFTs) keeps plunging. The floor price of Trump Digital Trading Cards, a set of NFTs created by the former President of the United States, fell from 0.84 Ethereum (ETH) ten days ago to 0.16 ETH, a loss of 80%. According to OpenSea statistics, 15,115
