Sky doubles down on token overhaul: Making MKR unusable, launching subDAOs

Play-to-earn gaming enabled by blockchain technology has grown exponentially over the few years. Gamers have embraced the opportunity to collect cryptocurrencies or ​nonfungible tokens (​NFTs​)​ that have been produced in blockchain-based games. Through the advent of this new technology, players have been able to generate income by selling in-game NFTs or earning cryptocurrency rewards, both of…

Cryptocurrency exchange HitBTC has yet to respond to accusations it deliberately froze account withdrawals on Jan. 1, days prior to entrepreneur Trace Mayer’s Proof of Keys event.In a series of tweets, Mayer joined names such as crypto advocate John McAfee in voicing concern and even suspicion about HitBTC after users reported being unable to withdraw…

The price of Bitcoin hit $10,463 on BitMEX, slightly below the previous peak in June. But two indicators are signaling a BTC cool-off: TD9 and exchange inflows.The price of Bitcoin tests a crucial resistance level. Source: Raoul PalThe TD9 is a trend-reversal indicator that is a part of the TD sequential system. It typically indicates…

Once my company, Jerome Baker Designs, had become one of the premier producers of custom pipes and bongs in the 1990s, I no longer enjoyed doing it. However, when the Drug Enforcement Administration busted through the doors of my warehouse, and the Feds closed my business and seized all my assets, I had a change…

With FTX creditors numbering over one million and owed up to $50 billion, FTX’s old CEO said he’s interested in starting a business to repay them all. 1615 Total views 4 Total shares Own this piece of crypto history Collect this article as NFTThe founder and former CEO of bankrupt cryptocurrency exchange FTX, Sam Bankman-Fried,…

Bitcoin (BTC) passed $29,500 on Oct. 20 after an eventful 24 hours boosted BTC price trajectory while XRP price jumped above $0.50 in response to Ripple's big legal win. BTC/USD 1-hour chart. Source: TradingViewHawkish Fed's Powell fails to dent BTC priceData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it edged closer to two-month highs from the

Are crypto exchange-traded funds (ETFs) finally coming to the United States of America? Dozens of cryptocurrency-based ETFs or ETF-like products are currently selling on regulated exchanges in Europe, while Canada and Brazil have already introduced their own versions this year. Over the past eight years, however, not a single investment firm has won the U.S.…

Sentiment toward the crypto market is the most positive its been since around the time Bitcoin hit its all-time high almost 16 months ago. 781 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe Crypto Fear and Greed Index has hit its highest index score this year, reaching…

“We solemnly call on consumers to [...] be vigilant and stay away from NFT-related illegal financial activities,” said the associations. 230 Total views 27 Total shares The China Banking Association, the China Internet Finance Association and the Securities Association of China issued a joint statement warning the public about the “hidden risks” of investing in…