January crypto airdrops to hand out $625M in JUP, 7% supply of SONIC
Eligible users of Jupiter and Sonic — both in the Solana ecosystem — will receive airdrops in the coming weeks.
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Crypto and NFTs meet regulation as Turkey takes on the digital future
In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.Turkey — the cradle of civilization — is quietly digitizing despite its high-inflation economy, and the lira’s volatility…

OpenSea lays off 50% of staff with severance in preparation for version 2.0 launch
This is the second layoff by the pioneering NFT marketplace after the crypto winter and a stubborn bear market for collectibles. 29 Total views 7 Total shares Nonfungible token (NFT) marketplace OpenSea announced on Nov. 3 that it was laying off employees. Co-founder and CEO Devin Finzer broke the news on X (formerly Twitter), saying

Vitalik reveals a new phase in the Ethereum roadmap: ‘The Scourge’
The remaining milestones of the Ethereum roadmap consist of The Surge, The Scourge, The Verge, The Purge and The Splurge. 1214 Total views 19 Total shares Ethereum co-founder Vitalik Buterin has added a new stage to the Ethereum technical roadmap, one that aims to improve censorship resistance and decentralization of the Ethereum network.The Ethereum network’s…

EOS Holds Top Spot, Bitcoin 11th in China’s Latest Crypto Rankings
China’s state-backed tech workgroup has released its fourteenth crypto rankings report, with Bitcoin (BTC) ranked 11th and EOS (EOS) retaining the top spot as of the end of September 2019.The listings rank 35 assets in total, as reported on Sep. 29 by the Center for Information and Industry Development (CCID)’s online information portal. ReshufflesCompared with the…

Celebrity Crypto-Investments: A Boost for the Industry, but Also a Distraction
Marketing loves celebrities — and with good reason. They're “celebrated” people, individuals invested with bulk quantities of cultural capital (i.e., public respect, goodwill and interest), which — if tapped correctly by marketing firms — can be reflected onto endorsed products. This is why they've already proven important for the cryptocurrency industry, which has enlisted the…

FinCEN leak suggests new AML measures may not go far enough… for banks
Leaked documents from the U.S. Financial Crimes Enforcement Network (FinCEN) imply that the agency’s revamped efforts to identify illicit transactions and money laundering may not be sufficient. But on this occasion, the institutions described as being at fault are not crypto exchanges, but some of the world’s best-known banks.BuzzFeed News reported on Sept. 20 that…

Bitcoin Risk-Return a ‘Different Beast’ Compared to Amazon: Analyst
Bitcoin’s (BTC) risk-return is a “different beast” compared to even the darling of the stock market of the 2000s, Amazon.That was the conclusion drawn by one of the cryptocurrency industry’s best-known analysts and the creator of a uniquely accurate Bitcoin price model.PlanB: Amazon “normal” compared to BTCUploading a chart showing BTC risk-return versus Amazon stocks,…

Binance Bitcoin balance drops by 3.4K BTC within 24 hours of CFTC lawsuit
Binance’s Bitcoin balance was reduced by over 3,900 BTC in the past week, of which 3,400 BTC were pulled out in the last 24 hours alone. 816 Total views 5 Total shares Own this piece of history Collect this article as an NFTSoon after the United States Commodity Futures Trading Commission (CFTC) sued crypto exchange…