‘Big sybil hunt’ and durable users helped LayerZero airdrop succeed, says CEO

September 9, 2024
The Last Cryptocurency
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Cointelegraph Feed

LayerZero’s native ZRO token has vastly outperformed the tokens of other projects including ZKsync and Starknet, which were airdropped around the same time.

Leading cryptocurrency exchange Poloniex will stop offering nine coins to United States-based customers due to uncertain regulations, according to a blog post published on May 16.Starting from May 29, Poloniex will stop offering trading in Ardor (ARDR), Bytecoin (BCN), Decred (DCR), GameCredits (GAME), Gas (GAS), Lisk (LSK), Nxt (NXT), Omni Layer (OMNI), and Augur (REP)…

DeFi user pays $36K for one Uniswap transaction, as EIP-1559 draws closer

Ethereum transaction fees are at their highest levels but even the proposed solution wouldn’t have helped this fat-fingered user. 202 Total views 3 Total shares Ethereum fees are at record level but even so, one Uniswap user paid well over the going rate with a gas fee of $36,000 for a single transaction.Crypto twitter has…

Pinterest for Web3: Project launches curation ecosystem on Avalanche

CurateDAO launched an Avalanche-based “curate-to-earn” platform where participants can earn by contributing to databases. 201 Total views 4 Total shares With play-to-earn (P2E) gaming rising in 2021 through Axie Infinity (AXS) and an offshoot called move-to-earn (M2E) gaining fame through STEPN (GMT), another variation of the “to earn” model launches in an attempt to bring…

Major Fintech and Blockchain Backer SoftBank Expected to Lose $12.5 Billion

SoftBank Group Corp (SFTBY), the parent company of Fortress Investment Group is expected to lose $12.5 billion for the fiscal year that ended in March, per an April 13 report from Bloomberg.WeWork — $24 billion lossIt seems that Vision Fund is the main culprit of the anticipated loss. SoftBank Group announced that it would lose…

Two US Law Firms File Class Action Against Altcoin Nano and Exchange BitGrail

Two United States law firms have filed a lawsuit against the developers of altcoin Nano (NANO) as well as Italian cryptocurrency exchange BitGrail, according to a notice published Jan. 7.Crypto-focused law firm Silver Miller and securities law firm Levi & Korsinsky have filed a class action lawsuit representing James Fabian — “and on behalf of…

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Hedera, IOHK join DeRec Alliance as final founding members

Cardano and Hedera join the Decentralized Recovery Alliance alongside Ripple and Algorand to shape the future of crypto security standards.

MEW App Allows You to Buy Crypto Instantly — But There’s a Catch

MyEtherWallet has released a mobile app called MEWconnect that allows users to buy crypto in under 15 seconds — but there’s a catch.Users need to have Apple Pay and face fees of 3.99% in the United States, and 5.25% in the rest of the world. Google Pay is not yet supported.Still, this is the first…

Major crypto firms and groups form coalition aimed at promoting ‘market integrity’

“Harmonizing a broad global approach to digital assets and competition in the digital currency space race, can improve U.S. competitiveness, security and lower fundamental costs for basic financial access,” said Dante Disparte of Circle. 246 Total views 31 Total shares Several cryptocurrency exchanges and advocacy groups across different countries have banded together to form a…

Coil, Mozilla, Creative Commons Offer $100M Grant for Web Monetization

Ripple-backed content platform Coil and major open-source browser Mozilla have teamed up to give away a $100 million grant for web monetization.In a Sept. 16 blog post, the team behind Coil revealed that it, Mozilla and Creative Commons, a nonprofit that provides free licenses for creators, are jointly donating $100 million for a program aimed…

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