Crypto community’s ‘send ETH’ tweets spark various theories and warnings
Several social media accounts followed the trend, with one requesting ETH to purchase an NFT and another pledging to spend...
Month: May 2023
Web3 developer Magic raises $52M in funding led by PayPal Ventures
The company has raised $80 million for wallet development since its inception in 2020. On May 31, San Francisco-based wallet-as-a-service...
Hotbit Shuts Down Citing Investigations, Industry Risk, and Exploits
Hotbit, a minor cryptocurrency exchange, said on May 21 that it will cease operations as it has experienced increasing challenges...
Top Analyst Benjamin Cowen Updates ETH/BTC Outlook: Is Ethereum Poised to Outperform Bitcoin?
The crypto market is flashing red on the daily timeframe with the global digital asset value standing at $1.14 trillion,...
Mad scientist’s NFTs degrade when they’re traded: 0xDEAFBEEF, NFT Creator
Self-proclaimed tinkerer 0xDEAFBEEF has hit it big with audiovisual NFTs that slowly degrade in quality every time they’re traded.
Bitcoin price rejects at $28K as analysts eye CME futures gap dip
BTC price action sees weakness a day from the May monthly close, with Bitcoin analysts closely monitoring bid liquidity. Bitcoin...
China Opens Up to Crypto With Beijing and Hong Kong Developments
China appears to be taking a more permissive stance toward cryptocurrency and digital payments with two ongoing policy developments. Beijing...
Inside Zuzalu: The Epicenter of Crypto-Wealthy’s Quest for Immortality, Led by Vitalik
Over the weekend, around 200 influential individuals from the crypto, pharmaceutical, political, and academic sectors completed their two-month stay in...
Bitcoin is on a collision course with ‘Net Zero’ promises
Every year countries are pressured to ramp up their climate change commitments at the COP conference — and Bitcoin mining...
LSD for DeFi: Tenet, LayerZero partner to drive cross-chain liquid staking adoption
Cross-chain interoperability protocol LayerZero’s infrastructure aims to drive liquid staking adoption across the DeFi ecosystem.
Does the Popularity of Bitcoin Casinos Help the Blockchain Industry Grow?
Bitcoin, in particular, has had a substantial influence and is currently the most popular cryptocurrency. Millions have traded or used...
Ledger CEO says crypto key recovery service makes self-custody easier
Ledger’s “Recover” service may be concerning, but some crypto industry participants think the feature may onboard new users while helping...
Bitcoin Price Climbs To $28,200 – US Debt Ceiling Deal Catalyst To New Highs?
Bitcoin (BTC) price turned bullish over the weekend to record an intra-day high of $28,261 on May 28. Notably, this...
AI Eye: 25K traders bet on ChatGPT’s stock picks, AI sucks at dice throws, and more
ChatGPT always rolls a 4 but tens of thousands of traders are betting millions on its stock picks, AI expands...
What are NFT royalties, and how do they work?
NFT royalties refer to the percentage of sales or transactions of a nonfungible token (NFT) that are paid to the...
