Magic Eden overtakes Blur, Yuga Labs offloads NFT games: Nifty Newsletter
NFT platform Magic Eden recorded an NFT trading volume of $756.5 million in March, surpassing its rival Blur.
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Bitcoin price drops to lowest since May as Ethereum market trades at 18.4% loss
Bitcoin (BTC) saw further losses on June 12 as thin weekend trading volumes fueled an ongoing sell-off.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst likens risk asset 'pump' to 1929Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting lows of $27,150 on its sixth straight day of downside.With hours to go until the weekly close,…
10 ways communities can attract Web3 businesses to set up shop
Local communities are always in the business of attracting businesses. A diverse foundation of companies in a region brings many things with it, including new residents, higher tax receipts, and more and better educational, recreational and health amenities. Forward-looking communities may well be looking for ways to become magnets for the next generation of tech…
How to use stablecoins to earn a higher APY
Many are quick to flock to stablecoins for their ability to de-risk cryptocurrency positions. A stablecoin can be pegged to any perceivably stable asset, for instance, a digital asset like Bitcoin (BTC) or a fiat currency like the US dollar. In theory, if a digital asset was pegged to the US dollar, $100 worth of…
Firm Accused of Touting ‘Snake Oil Crypto’ Sues Conference Organizers
A cryptocurrency firm heckled at the Black Hat hackers’ conference is suing the event organizers for failing to protect it from the audience’s barbs.Crown Sterling — which some attendees have characterized as “a piece of snake-oil cyber marketing” — filed its complaint with the United States District Court for the Southern District of New York…
4,400 disgruntled investors are hunting for Terra’s Do Kwon
A retail investor group is trying to track down Terraform Labs co-founder Do Kwon following the crash of the Terra ecosystems’ cryptocurrencies. Members of a 4,400-strong Discord group called the “UST Restitution Group” (URG) have been attempting to track down the whereabouts of Terra co-founder Do Kwon.Members of the group, seemingly out of frustration at…
US lawmakers and experts debate SEC’s role in crypto regulation
Senator Tim Scott questioned whether the SEC had been "asleep at the wheel" amid major bankruptcies in the crypto space causing the loss of millions in user funds. 221 Total views 21 Total shares Own this piece of history Collect this article as an NFTThe United States Securities and Exchange Commission and its chair Gary…
Tor Digital Privacy Project Accepts Donations in Cryptocurrency
Tor digital privacy software is now accepting donations in various cryptocurrencies, as a new crypto donational portal appeared on the project’s website on March 18.The site now accepts nine major cryptocurrencies, namely Bitcoin (BTC), Bitcoin Cash (BCH), Dash (DASH), Ethereum (ETH), Litecoin (LTC), Monero (XMR), Stellar Lumen (XLM), Augur (REP) and Zcash (ZEC).Tor’s crypto donation…
Eosfinex set to list 18 DeFi tokens from Ethereum
Most major DeFi tokens will be available for trading on Eos. 1918 Total views 3 Total shares Eosfinex, the Bitfinex-backed noncustodial exchange running on the Eos network, announced the listing of more than 15 ERC-20 tokens, primarily consisting of governance tokens of major decentralized finance protocols on Ethereum.The listing is made possible by a collaboration…