PayPal and Venmo's ENS integration to boost mainstream crypto adoption
The new integration could bring Web2 and Web3 users together, which could be the key to unlocking true mainstream crypto payment adoption.
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SuperRare cuts 30% of staff as growth slows during crypto winter
Despite only being a week into the new year, SuperRare adds to a number of firms announcing staff cuts such as Huobi and Genesis. 245 Total views 7 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTNon-fungible token (NFT) marketplace SuperRare has announced a 30% staff-member cut as CEO John Crain explained…

Brazil: Government Suspends Indigenous Crypto Plans as New President Criticizes Project
Jair Bolsonaro, the new Brazilian president who has officially taken office a week ago, has criticized a project offering to create a cryptocurrency for indigenous people in a Jan. 7 tweet.Bolsonaro claimed that the new government will soon open “a black box” — a reference to an airplane’s flight recorder — of contracts and projects…

PayPal Originally Aimed to Create Global Currency Similar to Crypto, Co-Founder Admits
PayPal’s co-founder Luke Nosek has said that his firm initially wanted to create a digital currency that would be independent from banks and governments, similar to crypto. The video of his comments was uploaded to crypto streaming service Bloxlive.Tv on Thursday, Jan. 31.At a panel at the World Economic Forum in Davos, Switzerland last week,…

Bitcoin Struggling to Break $10,000, But Is Bearish Bias Warranted?
The price of Bitcoin (BTC) has been trying to break above the psychological barrier of $10,000. However, during the week, it failed to go through this resistance. This “fakeout” caused a significant portion of the market to shift from a bullish bias to a bearish bias.Is such a bias shift warranted in the current structure…

Alchemix announces $4.9 million raise led by CMS, Alameda, and e-Girl Capital
A fast riser in the decentralized finance (DeFi) world has announced a $4.9 million raise today led by major industry venture capital groups — as well as some unusual, upstart players. Alchemix, a DeFi lending protocol whose loans automatically repay themselves via deposits into other yield-bearing protocols, announced on Discord today a $4.9 million raise led…

What are crypto faucets and how do they work?
On blockchains like the Ethereum Mainnet, fees represented in the blockchain's cryptocurrency units must be paid for transactions to be performed and recorded. From exchanges, one can purchase Ether (ETH), the native cryptocurrency of the Ethereum blockchain, and pay the transaction costs. However, alternative Ether distribution mechanisms are utilized on test networks like Rinkeby and…

Bitcoin Breakout Hopes, Telegram Trial, Binance Donation: Hodler’s Digest, Jan. 6–12
Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekBitcoin on the verge of breaking seven-month downtrendIt’s been another tumultuous week…

Mark Cuban says he is locking $50k in tokenized carbon offsets every 10 days
The billionaire investor believes DeFi degeneracy can be harnessed for the purpose of environmental social governance. 1561 Total views 11 Total shares Famed billionaire and reality TV star, Mark Cuban, has revealed he is using blockchain technology to lock up carbon offsets on the Polygon network.In a Nov. 13 tweet, the billionaire blockchain enthusiast revealed…