Binance’s BNB Chain introduces layer-2 testnet powered by Optimism
The Binance-founded blockchain has introduced a new layer-2 chain opBNB, though some suggest there are other ways to scale the network.
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Moonbirds creator Kevin Rose loses $1.1M+ in NFTs after 1 wrong move
Kevin Rose, the co-founder of the nonfungible token (NFT) collection Moonbirds, has fallen victim to a phishing scam leading to more than $1.1 million worth of his personal NFTs stolen.The NFT creator and PROOF co-founder shared the news with his 1.6 million Twitter followers on Jan. 25 asking them to avoid buying any Squiggles NFTs…
Four North American Bitcoin miners that could benefit from the East-West shift
Even before China finally wielded the ban hammer on crypto mining, Bitcoin (BTC) miners in North America had been building up their capacity amid efforts to gain a larger share of the global hash rate distribution. From building bigger data centers to acquiring hardware inventories, these establishments have been making concert efforts to balance the…
The DeFi revolution is like cooking a recipe
In the last two months, the decentralized finance industry has seen a dramatic surge of interest, as new platforms promising to disrupt the way people manage their money, transact, earn and entertain themselves have launched in rapid succession in recent months.Much of this growth has been catalyzed by the meteoric rise of DeFi lending platforms…
Thai SEC bans exchanges from handling certain token types including NFTs
Local exchanges now have until July 11 to update their rules for listing tokens in order to be in compliance with SEC guidelines. 1687 Total views 1 Total shares Thailand’s Securities and Exchange Commission has approved guidelines prohibiting crypto exchanges in the country from supporting four different types of tokens in certain cases.In a Friday…
President Maduro Orders Bank of Venezuela to Accept Petro Crypto
Venezuela’s President Nicolas Maduro ordered the country’s leading bank, Banco de Venezuela, to accept the nation’s cryptocurrency, the Petro (PTR) at all of its branches, the country’s Finance Ministry tweeted on July 4.According to the tweet, Maduro gave “the express order to open Petro desks in all the branches of the Bank of Venezuela.” The…
All But One of Top 20 Cryptos See Green, Bitcoin Safely Above $6,700
Sunday, September 23: crypto markets are seeing another wave of green. All but one of the top 20 cryptocurrencies by market cap have made gains over the past 24 hours, according to CoinMarketCap.Market visualization from Coin360After suffering a slight decline yesterday, Bitcoin (BTC) rebounded today, trading above $6,700 throughout the day. The cryptocurrency is at…
Ripple counsel slams SEC for trying to bulldoze and bankrupt crypto
“Like a hammer wanting everything to be a nail, the SEC is keeping everything murky so it can argue every crypto is a security,” claims Ripple general counsel Stu Alderoty. 1529 Total views 39 Total shares Ripple general counsel Stu Alderoty has slammed the United States Securities and Exchange Commission (SEC) for trying to “bully,…
NFT investor accidentally burns $135k CryptoPunk trying to borrow money
While going through the unfamiliar process of wrapping NFTs, Riley accidentally sent the asset to a burn address, permanently deleting the NFT from circulation. 441 Total views 4 Total shares Own this piece of history Collect this article as an NFTA nonfungible token (NFT) from the CryptoPunks collection worth 77 Ether (ETH) was sent to…