During the last few weeks, non-fungible token (NFT) collections like Cryptopunks, Axie Infinity, Art Blocks, Bored Ape Yacht Club (BAYC), and Meebits have been seeing massive volumes. However, a number of new NFT collections are making headway in sales and the Ethereum-based roleplaying game called “Loot (for Adventurers)” now commands the top spot. Loot, MAYC, …
Tag archives: Bitcoin
7 out of 10 Salvadorans want to repeal the new Bitcoin (BTC) law
According to the latest survey from the University Institute of Public Opinion, 7 out of 10 Salvadorans want their political representatives to repeal the newly instated Bitcoin law. The institute presented the results of its massive, state-wide survey on September 2nd, showing that the law praised by the global crypto community lacks support among the …
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Russia’s Roskomnadzor Watchdog Blocks 6 VPN Providers
Russian communications watchdog, Roskomnadzor, has restricted another six VPN providers. The agency says the platforms have facilitated access to information that is banned in the Russian Federation. Roskomnadzor is also whitelisting certain VPN services that operate in accordance with the law and are used by Russian companies. Roskomnadzor Bans More VPN Platforms in Russia Russia’s …
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Bitcoin Market Dominance Dips Down to 40% While Ethereum and Other Crypto Market Caps Swell
While bitcoin prices have risen in value during the last two weeks, bitcoin dominance levels have slipped to lows not seen since the June 6 low of 41%, and the dip to 39.97% on May 16, 2021. Depending on the crypto market price aggregator leveraged, bitcoin’s dominance has been between 39.99% to 41.52%. Meanwhile, as …
Scammers Offer Free Bitcoin on Hacked Government Site in Russia as Crypto Fraud Surges
Unknown scammers have organized a fake bitcoin giveaway through a Russian government website they hacked. The news of the attack comes after a recent report revealed that damages from crypto-related fraud in Russia have reached $30 million in value in the first half of this year. Regional Government Website in Russia Hacked by Scammers The …
EOS under fire over claims its ICO was a shady “pump scheme”
During a year-long initial coin offering (ICO) that ended in 2018, EOS raised a record $4.2 billion, making it the biggest ICO in history. Combined with its Delegated Proof-of-Stake (DPoS) consensus mechanism, which has throughput thousands of times greater than Ethereum’s, expectations were high. But these expectations continue to go unfulfilled. A look at EOS’s …
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After Warnings from South African Regulators Binance Rejects Accusations It Provides Financial Advice
Beleaguered crypto exchange, Binance, has released a statement in which it denies accusations that provides financial advice or renders any intermediary services. In a statement released on Twitter less than 24 hours after the Financial Sector Conduct Authority (FSCA)’s warning, the crypto exchange also denies having any ties or links to the organization “Binance Group.” …
Dex Aggregator 1inch Partners With NFT Animated Series ‘Take My Muffin’
On September 3, the decentralized exchange (dex) aggregation platform 1inch announced the project has partnered with the animated series “Take My Muffin.” The multimedia animated series aims to be co-created by the crypto community and created by a professional animation studio. 1inch Network Sponsors ‘Take My Muffin’ Animated NFT Series A new animated non-fungible token …
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Bitcoin Legal Tender in 3 Days but Survey Shows 7 Out of 10 Salvadorans Want Bitcoin Law Repealed
Bitcoin is becoming legal tender in El Salvador in three days. However, a nationwide survey conducted by the University Institute of Public Opinion (Iudop) shows that seven out of 10 Salvadorans want the government to repeal the Bitcoin Law. El Salvador’s Bitcoin Law Goes Into Effect in 3 Days The University Institute of Public Opinion …
Vitalik Buterin Has Suggestions for Dogecoin and Doge’s Cooperation With Ethereum
Ethereum co-founder Vitalik Buterin has some suggestions of what he personally would like to see happening with Dogecoin and the meme cryptocurrency’s cooperation with Ethereum. Vitalik Buterin on Dogecoin’s Development and Its Ethereum Collaboration Ethereum co-founder Vitalik Buterin shared his thoughts on the potential cooperation between Dogecoin and Ethereum Wednesday as part of a Twitter …
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Report: Nigerian Securities and Exchange Commission Sets Up Fintech Division for Crypto Research
Nigeria’s securities regulator, the Nigerian Securities and Exchange Commission (SEC) has set up a fintech division “to study crypto investments.” This was revealed by Lamido Yuguda, the director-general of the SEC during an interview. Protecting Crypto Investors In the interview, Yuguda explains that the study’s findings will help inform the SEC of the best ways …
NFL Bars Teams From Participating in Certain Cryptocurrency and NFT Ventures: Report
According to a recent report, the National Football League (NFL) advised teams that they could not, at least for now, sell non-fungible tokens (NFTs) and sponsorships to digital currency companies. Advertisements for specific crypto assets were mentioned alongside initial coin offerings (ICOs), according to various club sources who remained anonymous. Anonymous Club Sources Disclose the …
Newly Launched Wallstreetbets Defi App Aims to ‘Take Over Traditional Financial Markets’
At the beginning of 2021, a trend ignited by the creators of the Reddit forum r/wallstreetbets caused the whole world to focus on retail traders in the stock market purchasing so-called dead stocks like AMC, GME, and others. The hype behind the Wallstreetbets group has fizzled in the last few months, but a group that …
Million dollar slick avatars: How Pudgy Penguins and 0N1 Force NFTs sold out in minutes
0N1 Force, a new collection of 7,777 generative side-profile avatars generated from more than 100 hand-drawn features has witnessed one of the most impressive starts in non-fungible token (NFT) history, according to DappRadar’s report. The data acquisition and analysis company that tracks decentralized applications (dapps) across multiple blockchains has analyzed the latest NFT projects, providing …
JPMorgan Says Cryptocurrency Markets Are ‘Looking Frothy’
Global investment bank JPMorgan says cryptocurrency markets are “looking frothy” as retail investors spill over from the stock market into cryptocurrencies and non-fungible tokens (NFTs). Crypto Markets Look Frothy, According to JPMorgan JPMorgan published a note Wednesday on the stock market and cryptocurrencies. It explains that retail investors bought stocks at a record pace over …
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