Yearly archives: 2021

As per the details shared in a blog post, Ethereum Name Service (ENS) has announced that the DAO, as well as the organization, has matured enough to pass the essentials of governing process to the community via a dedicated DAO system. ENS is decentralizing governance & is now accepting applications for DAO delegates.$ENS governance tokens …

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One lucky trader has just been able to cop one of the most expensive NFTs in the space for less than 5% of its actual price. The NFT in question, CryptoPunk 7557, which is worth at least $850,00 was sold for 4.444 ETH which translates to around $19,400 yesterday. CryptoPunk sells for less than $20,000 …

Continue reading “CryptoPunk NFT worth over $850,000 sold in error for less than $20,000”

High-speed blockchain platform Polkadot has recently passed a proposal that enables registration and crowd loans for developers. The news has made the prices of DOT soar 15% to an all-time high. In response to the news, Polkadot’s native token DOT has climbed 15% higher in prices and is currently at $50.87 Polkadot Assembly adopts a …

Continue reading “Polkadot (DOT) sets a new all time-high ahead of parachain auctions”

Ethereum (ETH) hit one week of negative issuance for the first time on Sunday, as effects of the network’s deflationary design came into full display. Since the London hardfork upgrade, which implemented the deflationary EIP-1559 proposal, the network burns a portion of fees each time an Ethereum transaction is done. Ethereum is deflationary “​​For the …

Continue reading “Ethereum (ETH) just hit one week of ‘negative issuance.’ Here’s what it means.”

Launched last week, in the midst of the “dog-coin” surge, AnubisDAO lost control of the project’s liquidity pool, as $60 million of investors’ funds got drained in what appears to be another rug pull incident. Following the accusations, both Hong Kong and US law enforcement got involved, while the suspect developer claimed to have fallen …

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Coinbase CEO: Solving these four problems will bring billions of people to crypto There are currently thousands of cryptocurrencies all vying for adoption on multiple different fronts, with many being viewed as scams and fundraising schemes, while others cryptos with legitimate use cases struggle to garner any significant support. 2 min read → Go to …

Continue reading “U.S. Feds freeze 10 Bitcoin (BTC) in connection to $10 million scam on Coinbase”

Paraguay is one of the destinations being considered by various companies for setting up their bitcoin mining operations. Last week, Chinese company Future Fintech announced formal plans to build a bitcoin mining facility in the country, explaining they were determining the best location for the upcoming farm. In June, local media declared that there were …

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Digital Currency Group (DCG), a Manhattan-based, crypto-focused VC conglomerate, has reached a $10 billion dollar valuation in a secondary sale where existing investors sold part of their shares to new ones. The funding round was led by Softbank and also included participation from Capitalg, Google’s investment firm. $700 million worth of shares changed hands via …

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