Warner Bros. and Nifty’s to Launch Looney Tunes Story Bolstered by NFTs

On Thursday, Warner Bros. announced it was collaborating with the non-fungible token (NFT) focused social media platform Nifty’s and at the end of June, the two firms will launch a story-driven NFT collection called “Looney Tunes: What’s Up Block?” The upcoming NFTs will tell a unique Looney Tunes storyline and will also celebrate the character …

Firstrade Lists ENJ, MKR, BNT & COMP

sponsored Just weeks after launching its cryptocurrency trading platform, online brokerage Firstrade Securities has already begun expanding its available crypto listings. The most recent additions to the tradeable crypto coins on Firstrade are ENJ (Enjin), Maker (MKR), Bancor Network Token (BNT) and Compound (COMP). The latest 4 coins now make a total of 41 available …

New York State Senate passes Bitcoin mining moratorium

The New York State Senate approved a controversial proof-of-work (PoW) mining ban bill that would prohibit any new Bitcoin (BTC) mining operations in the state. The PoW mining ban bill was first passed by the state assembly in April last month. It aims to prohibit any new mining operations in the state for the next …

Vitalik shows support for Optimism’s governance structure and OP gas proposal

Ethereum co-founder Vitalik Buterin has shown support for Optimism’s new governance structure, noting that proposals such as using the OP token for gas fees shows “explicit representation of non-token-holder interests.” The Ethereum layer-2 scaling solution deployed the first round of its long-awaited OP token airdrop on June 1 as part of its new governance project …

Lucky Block Price Prediction: LBlock Bearish Run Subsides as Buyers Regroup for a Rebound

Lucky Block Price Prediction – June 2 On May 31, LBlock/USD resumed selling pressure after the bears broke below the moving averages but buyers regroup for a rebound. On May 20, the cryptocurrency reached an overbought region of $0.002845. This signals the resumption of the downtrend. Today, the LBlock is trading at $0.001574 at the …

Coinbase Extends Its Hiring Pause Citing The Current Crypto Winter.

Crypto exchange Coinbase will be extending its hiring pause citing the current market conditions.  New York- based crypto exchange Gemini had also decided to lay off 10% of its workforce to focus on critical exchange products to navigate the current market crunch. The turbulent market conditions are forcing central crypto exchanges like Gemini and Coinbase …

Crypto.com gets nod in Dubai and FTX launches in Japan

Two out of the top 10 largest cryptocurrency exchanges by volume will expand into new markets, with Crypto.com obtaining a provisional crypto license in Dubai and FTX launching in Japan. Crypto.com announced on June 2 that the Dubai Virtual Assets Regulatory Authority (VARA) provided the exchange with provisional approval of its Virtual Asset License giving …

Kenyan energy company entices Bitcoin miners with geothermal power

Kenyan energy company KenGen has put out a call to Bitcoin miners to move nearby and buy its excess renewable power capacity. KenGen claims 86% of its energy is generated from renewable sources, mostly geothermal from pockets of ground source heat in the Great Rift Valley. Local news outlet The Standard reported that KenGen has …

‘Pig slaughtering’ crypto scams reap millions on Silicon Valley dating apps

Lonely hearts in Silicon Valley are reportedly falling prey to a wave of “pig slaughtering” crypto scams via dating apps. An investigator for cybersecurity company Sift found that one in 20 people who approached her on dating apps in San Francisco was working the scam. Pig slaughtering, or butchering, is a type of scam in …

New stats show Cardano on the up despite ‘crypto winter’

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Cardano Foundation has released its monthly wrap-up of on-chain data showing that its on-chain transactions have increased by 7.74% to reach 42.5 million. 📊Monthly wrap-up of on-chain data 🚀#Cardano #blockchain #ProjectCatalyst pic.twitter.com/Z49EzDFSaL — Cardano Foundation (@CardanoStiftung) June 1, 2022 The comprehensive …

This U.S. Senate candidate wants to make Dogecoin legal tender in California

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Timothy Ursich, a candidate for the US Senate, has revealed that he wants to make Dogecoin a legal tender in California.  Ursich explained that he intends to provide full and adequate support to the crypto industry by advocating for the mass …

The CFTC is suing Gemini exchange for making false statements in 2017

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The U.S. Commodity Futures Trading Commission (CFTC) is suing New York-based crypto exchange Gemini for “making false or misleading statements” or omitting facts in conversations with the commission. The case for violation of the Commodity Exchange Act (CEA) was filed in …

3Commas is crypto trading to a new dimension

Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › 👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The growth of the cryptocurrency market into a $2 trillion industry has made crypto trading more appealing. But crypto trading remains quite …

Biden administration to draft report on crypto miners’ energy use, emissions

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! An energy team of the White House is drafting a policy recommendations report to address issues concerning cryptocurrency mining’s energy consumption and emissions, according to a report by Bloomberg Law. The policy report, expected in August, could be one of the …

Tether co-founder says UST disaster spells doom for algorithmic stablecoins

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Tether (USDT) co-founder Reeve Collins believes the collapse of TerraUSD (UST) — since renamed TerraClassicUSD (USTC) — might be the catalyst that triggers the downfall of other algorithmic stablecoins, CNBC reported. Collins made the comment while speaking to the news outlet …

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