OpenSea pauses airdrop reward system after user backlash
OpenSea has paused XP rewards for listing and bidding on collections in its new platform following feedback from the community.
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Fed report finds most Americans who own crypto tend to be high income hodlers
Only 12% of American adults used crypto in 2021, and the demographic gap between those who invested in it and those who used it in transactions was enormous. 1230 Total views 6 Total shares The United States Federal Reserve Board has included data on cryptocurrency in its new Economic Well-Being of U.S. Households in the…
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Binance saw $1.2B of inflows in one of biggest trading days of 2024, says CEO
ByBit, Crypto.com and OKX’s net asset inflows have also increased by $301.4 million, $107.8 million and $97.7 million over the last 24 hours.
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Digital Dollar Project urges US to take action on CBDC development
The foundation set up by “Crypto Dad” Christopher Giancarlo released a new version of its CBDC white paper with new warnings about maintaining U.S. leadership. Own this piece of history Collect this article as an NFTThe Digital Dollar Project (DDP) released a new version of its white paper "Exploring a U.S. CBDC" on Jan. 18.…
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Bitcoin speculators repeat 2021 de-risking as exposure drops 21.6K BTC
BTC price action over the past month has had major consequences for Bitcoin investor dynamics.
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US lawmakers could consider stock trading ban in next session of Congress
All members of Congress are already required to report most investments in stocks and cryptocurrency, but many have pointed to potential conflicts of interest. 236 Total views 5 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTMany United States lawmakers from both sides of the aisle have at one point expressed support…
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No rescue for Terra: Swiss asset manager denies $3B LUNA/UST bail-out talks
GAM Investments has called fake news on a fabricated announcement claiming it would invest $3 billion to help Luna/UST recovery efforts. 2474 Total views 34 Total shares GAM Investments has quashed fake news reports that surfaced on Friday that claimed the Swiss asset manager would invest some $3 billion to aid in the recovery of…
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3 reasons why Bitcoin is regaining its crypto market dominance
Bitcoin (BTC) is regaining its lost crypto market dominance even as it trades nearly 60% below its record highs.Bitcoin dominance at 6-month highsThe Bitcoin Market Dominance (BTC.D) index, a metric that weighs BTC's market capitalization against the rest of the cryptocurrency market, jumped to around 47% on May 27, its highest since October 2021.Bitcoin Market…
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Unconfirmed: Eight Institutions to Get China’s Digital Currency First
According to sources, the People’s Bank of China is giving its first round of central bank digital currency (CBDC) to online retail giant Alibaba, Internet giant Tencent, five banking organizations and one unknown entity.The first beneficiariesForbes reported the news on Aug. 27. The sources named are Paul Schulte, who previously worked as head of the…