Consensys to cut workforce by 20% — CEO outlines decentralization plans

Kabosu, the Shiba Inu who became an internet sensation and the face of Dogecoin, passed away peacefully. The crypto community honors her legacy.

An anonymous Indian official has claimed the country’s parliament will soon introduce a blanket bank on crypto assets, and give hodlers three-to-six months to liquidate. 5479 Total views 17 Total shares An anonymous source claiming to be a senior Indian Finance Ministry official has claimed that the use of crypto assets will soon be completely…

Navi aims to expand fan engagement with a blockchain-based token. 516 Total views 7 Total shares Natus Vincere, a Ukrainian multi-game organization, has announced plans to launch a fan token on blockchain-based platform Socios.com.According to a Nov. 4 announcement, the token will enable a number of new fan engagement opportunities including the right to vote…

As the nonfungible tokens craze took off at the start of the year, many climate-conscious artists vocalized their disapproval of Ethereum’s energy consumption. In May, Elon Musk then derailed Bitcoin (BTC), citing the energy consumed by Bitcoin as cause for Tesla to withdraw its plans to accept BTC as payment for its electric cars. Both…

Somalia has shut down crypto-friendly messaging app Telegram and gambling site 1XBet, while cryptocurrency investments aren’t banned. 107 Total views 1 Total shares The Federal Republic of Somalia is the latest country to ban cryptocurrency-friendly messaging app Telegram, alongside TikTok social media app and the online-betting site 1XBet.Somalia’s Ministry of Communications and Technology (MOCT) officially…

Traders are using various strategies to determine whether Bitcoin price has bottomed, but on-chain activity and derivatives data hint that the situation remains precarious.Has Bitcoin price bottomed yet? According to @noshitcoins, derivatives and on-chain data signal that further downside could be in store.Traders have been trying to time the much-anticipated trend reversal ever since Bitcoin…

Coinbase has launched a fact-checking portal to combat “misinformation and mischaracterizations about Coinbase or crypto” being shared online. 897 Total views 1 Total shares Coinbase CEO Brian Armstrong has announced the launch of what he’s calling a “Fact-Check" via the company’s blog. In a May 27 post titled “Announcing Coinbase Fact Check: Decentralizing Truth in…

More opposition has come in at the last minute to the year-old proposal reimagining the SEC’s definition of a securities exchange. 544 Total views 2 Total shares The United States Securities and Exchange Commission (SEC) extended the comments period for its proposal to amend Rule 3b-16 of the Securities Exchange Act of 1934, which ended…

Over 1 million unique wallet addresses were involved in the minting process, signaling that nonfungible token market activity remained strong. 60 Total views 10 Total shares According to new market research published by blockchain data firm Nansen, crypto users spent 963,227 Ether (ETH), worth $2.7 billion, minting nonfungible tokens (NFTs) on the Ethereum blockchain in…