The Music Industry Shows Non-Speculative Real-Life Applications for Tokens

HodlX Guest Post  Submit Your Post   What do you know about the use of crypto tokens? One can swap, trade or hold them. We rarely believe that a token could be useful in the real world. The music industry was among the first to demonstrate how it could look. More and more musical acts, whether …

Celsius wants to extend the deadline for claims as lawyer fees mount

Bankrupt crypto lender Celsius Network is planning to file a motion that would extend the deadline for users to submit their claims by another month. The crypto community has started to grow impatient, noting that Celsius’ lawyer fees have continued to stack up and are eating away at the lender’s estate. In a Dec. 29 …

3Commas API leak victims demand refunds and apology for ‘gaslighting’ users

Victims of the 3Commas API leak are calling for refunds and an apology from the crypto trading platform for being gaslighted over the whole ordeal. The past couple of months have seen an ongoing back and forth between 3Commas and supposed victims of unauthorized trades coming from their accounts. 3Commas and its CEO Yuriy Sorokin …

MicroStrategy to offer Bitcoin Lightning solutions in 2023

MicroStrategy executive chairman Michael Saylor has shared his firm’s plans to release Bitcoin Lightning Network-powered software and solutions in 2023. In a recent Twitter Spaces on Dec. 28, Saylor shared that the company is exploring software and solutions that utilize the Lightning Network, such as solutions that “support” enterprise marketing as well as a cybersecurity …

China to launch its first regulated NFT marketplace, China Digital Asset Trading Platform, on January 1

Institutions and individuals will also be able to access rights protection monitoring and copyright protection services through the NFT trading platform. 1 min read Updated: December 29, 2022 at 12:31 am Cover art/illustration via CryptoSlate China will launch a regulated platform for trading Non-fungible trading tokens (NFTs) known as China Digital Asset Trading Platform on …

Total NFT market cap grows 11,664% in 2 years

The current NFT total market cap is around $10 billion, which is 50% less than the total market cap in December 2021.  1 min read Updated: December 28, 2022 at 9:56 pm Cover art/illustration via CryptoSlate Total NFT market cap recorded a growth of 11,664% in two years, increasing to around $10 billion from $85 …

Celsius case ‘administrative expenses’ add up to $53M

Lawyers, bankers and other advisers in the case earned $53 million for four months of work. 1 min read Updated: December 28, 2022 at 9:45 pm Cover art/illustration via CryptoSlate Lawyers, advisers, and bankers involved in the Celsius bankruptcy case collectively earned $53 million as administrative expenses in four months, as reported by the Financial …

Uniswap V3 was the most used Ethereum contract in 2022

The latest iteration of the popular DEX was the largest gaz guzzler on Ethereum, using up over 2.8 million gas in 2022. 2 min read Updated: December 28, 2022 at 9:40 pm Cover art/illustration via CryptoSlate Uniswap V3 has become the most popular Ethereum contract in 2022, ranking first when it comes to total gas …

Victims seek refund as 3Commas CEO verifies API data leak

Binance CEO Changpeng ‘CZ’ Zhao advised users to disable 3Commas’ access immediately as he was “reasonably sure there are widespread API key leaks” from the platform. 1 min read Updated: December 28, 2022 at 11:43 pm Cover art/illustration via CryptoSlate 3Commas CEO Yuriy Sorokin confirmed that a hacker leaked his firm’s API keys in a …

Donald Trump’s NFT’s floor price drops 80% in 10 days

The floor price for the former president’s NFT collection is around 0.16 ETH. 1 min read Updated: December 28, 2022 at 10:37 pm Cover art/illustration via CryptoSlate Former U.S. President Donal Trump’s NFT collection, Trump Digital Trading Cards, lost 80% of its value as the floor fell to 0.16 Ethereum (ETH) from 0.84 ETH ten …

Kraken Shutting Down Crypto Exchange in Japan Citing Weak Global Crypto Market

Cryptocurrency exchange Kraken is shutting down services in Japan. The company explained that the current Japanese market conditions and a weak global crypto market do not justify the resources needed to further grow its business in Japan at this time. Kraken Exiting Japan Cryptocurrency exchange Kraken announced Wednesday that it has decided to “cease its …

Microstrategy Buys More Bitcoin — Company’s Crypto Holdings Grow to 132,500 BTC

Microstrategy is now holding approximately 132,500 bitcoin following its most recent purchases. This year, the world’s largest cryptocurrency has emerged as “the institutional-grade digital asset,” said Microstrategy founder Michael Saylor. Microstrategy Acquires More Bitcoin Nasdaq-listed Microstrategy Inc. announced Wednesday that it has purchased more bitcoin for its corporate treasury. Michael Saylor, the company’s founder and …

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