MegaETH defies airdrop farming craze, dives headfirst into NFTs
MegaETH has unveiled soulbound NFTs to potentially raise $28 million as airdrop farming models receive heat.
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Investors Now Lose Money by Holding Bonds, Pushing Them Into Riskier Assets
United States government bonds, considered perhaps as the safest assets in the world, are now losing money to the investors holding them.According to statistics published by the U.S Treasury, real yields on even the longest-term bonds fell below zero since June 2020.A “real” yield calculates the yearly return on holding a bond and collecting interest…
Twitter monetization and free speech drove Binance’s $500M injection: CZ
Binance will also assist Twitter’s integration into Web3 by implementing crypto payments and deploying a dedicated team of on-chain specialists to stop spam bot accounts. 232 Total views 3 Total shares Binance CEO Changpeng “CZ” Zhao has explained the reasoning behind its $500 million co-investment into Elon Musk’s Twitter, citing monetization potential, crypto community free…
Blockchain Retains Nominal Role in Cleveland Tech Hub
Tower City Center, which was purported to become a blockchain hub in Ohio, is now slated to become an entrepreneurial center.According to a report by cleveland.com on July 1, the Tower City shopping mall had been struggling financially, and was thought to be receiving an overhaul as a Cleveland-based blockchain center at some point.However, Blockchain…
Lawyer explains new federal virtual asset law in the United Arab Emirates
Failure to comply with the new law could lead to a hefty fine of up to $2.7 million, ejection of profits and criminal investigation. 111 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe United Arab Emirates (UAE) Cabinet has decided to pass a new law that governs…
Sam Bankman-Fried deepfake attempts to scam investors impacted by FTX
A faked video the FTX founder created by scammers has circulated on Twitter with users poking fun at its poor production quality. 883 Total views 25 Total shares A faked video of Sam Bankman-Fried, the former CEO of cryptocurrency exchange FTX, has circulated on Twitter attempting to scam investors affected by the exchange’s bankruptcy.Created using…
Fidelity amends Ether ETF Filing, discloses $4.7M in seed capital
Bloomberg analyst Eric Balchunas anticipates that additional asset managers will update their filings on June 21, with Ether ETFs potentially debuting on July 2.
BlackRock expected to offer crypto trading as Three Arrows exec says long Bitcoin, ETH in 2022
Bitcoin (BTC) and Ether (ETH) are sure long bets for 2022, prominent investor and commenter Zhu Su says.In a tweet on Feb. 10, Zhu, co-founder of hedge fund Three Arrows Capital (3AC), argued that BTC and ETH were the best options for investment this year, along with oil, while the S&P 500 is a no-go.Zhu:…
Solana network faces degraded performance for the second time this week
Solana suffered a fourth network incident in the span of a few months. Two out of the four network issues happened this week. 49 Total views 1 Total shares The Solana blockchain has faced its second network performance degradation incident this week. According to Solana, this is happening because of a rise in high compute…