Crypto Biz: The Bitcoin summer, Avalanche integrates with Stripe, and more

Many members of the Ethereum Name Service’s decentralized autonomous organization have voted in favor of allowing recently removed director of operations Brantly Millegan to stay on as the ENS Foundation director.According to a tally of roughly 2.4 million ENS DAO users recorded as of Thursday, more than one million are against removing Millegan as director…

A community member highlighted the drastic shift in mainstream media narrative, sharing a previous article promoting the BAYC NFT collection. 201 Total views 2 Total shares Mainstream media outlet Rolling Stone has declared that nonfungible tokens (NFTs) are “finally totally worthless,” citing the results of a DappGambl study on the “evolving landscape” of NFTs. The study found

A single address has been responsible for more than half of the bitcoin cash (BCH) transactions in the past month, according to a tweet by @IamNomad on May 5.According to the Bitcoin Cash Block Explorer, the mystery account has made more than 587,000 transactions since it became operational on April 8 of this year.Many of the transactions are…

Bitcoin faces a struggle for support into the Wall Street open as US macro data piles in thick and fast.

Dogecoin (DOGE), Elon Musk's pet favorite cryptocurrency, has shed tens of billions of dollars in value since he publicly plugged it on mainstream TV.As sources noted this week, the meme-based altcoin's market cap is now $69 billion down versus where it was when the Tesla and SpaceX CEO hosted Saturday Night Live.Dogecoin: 6 weeks, 70% lossesDogecoin saw…

The Tor Project, the nonprofit organization behind the anonymous network Tor, announced that it now accepts Bitcoin (BTC) donations via the Lightning Network.The organization announced on Nov. 19 that it will accept Lightning Network donations as part of Bitcoin Tuesday, a fundraising initiative led by the crypto-for-charity organization The Giving Block.Tor recommended the BottlePay wallet…

Skybridge joins the crowd that has frozen crypto investors’ funds, although head Anthony Scaramucci says the suspension is a temporary measure with no fear of liquidation. 312 Total views 6 Total shares Skybridge Capital has suspended withdrawals from its Legion Strategies fund – one of the firm’s funds with crypto exposure. Founder Anthony Scaramucci confirmed…

Latoken’s Twitter account started to publish accusations of scams and mistreating employees. 551 Total views 5 Total shares The Twitter account of the Russian crypto exchange Latoken seems to have been breached by a hacher that started posting allegations that the exchange is a scam. According to the posts, the exchange is promoting “scam IEOs”…