“May gray” hit Crypto.com and its users today as the price of the exchange’s native token, Cronos, dropped over 10% in 24 hours to hit a six-month low of $0.27. According to CoinMarketCap.com, the 22nd-largest cryptocurrency by market cap has lost over 31% of its value in just one week. Today’s decline comes one day after Crypto.com announced to its…
Month: May 2022
Finder’s Experts Predict Ethereum Price Reaching $5,783 This Year and $23,372 by 2030 – Markets and Prices Bitcoin News
A panel of crypto industry experts has predicted that the price of ether will reach $5,783 this year, before rising to $11,764 by 2025 and $23,372 by 2030. Most of the experts on the panel are bullish on ether, with 61% saying now is the time to buy and a further 32% saying you should hodl. Industry Experts Share Ether…
Bitcoin Is The Safest Place For Your Money
Most, if not all, individuals are provisioned with zero financial education and are not given sufficient instruction in the first principles of money, especially as it relates to building wealth and establishing a secure foundation from which to operate so that they may most optimally navigate the challenges of life. Financial education is entirely omitted in classrooms, students are not…
MEXC Global Officially Lists Leader in Web 3․0 Gaming
press release PRESS RELEASE. Zug, Switzerland – 2nd May 2022. UniX Gaming is delighted to announce that they are now officially listed on MEXC, a top 20 exchange, following the announcement of their Final Round launchpad. This is the second CEX on which UniX has been listed, with several more planned for later this year. UniX token holders will be…
Bored Ape Creators Slammed for ‘Nightmare’ Ethereum NFT Land Drop, ‘Tone Deaf’ Response
In brief Bored Ape Yacht Club creator Yuga Labs launched NFT land deeds on Saturday for Otherside, a metaverse game. The record-breaking sale has drawn ample criticism for the sale format, smart contract code, and Yuga’s response after soaring Ethereum gas fees. Saturday’s launch of NFT virtual land deeds for Yuga Labs’ Otherside—an upcoming metaverse game based on the Bored…
Argentina’s Largest Private Bank to Offer Bitcoin, Ethereum Trading
Argentina’s largest private bank, Buenos Aires-based Banco Galicia, is making available to customers four different cryptocurrencies—Bitcoin, Ethereum, USD Coin, and XRP. Screenshots of the buying options were posted on Twitter earlier today by bank customers, and Banco Galicia later confirmed to Decrypt in an emailed statement that it had added those services. “Banco Galicia launches a new and innovative service for…
Poilievre Brings Bitcoin Adoption to Canada
In a first for Canada, Conservative Party leadership candidate Pierre Poilievre is campaigning to bring Bitcoin adoption to Canadians as a way to give people control and autonomy over their own finances. To large crowds, unprecedented for a party leadership campaign, the long-time member of parliament and Conservative finance critic said, “We need to give people the freedom to choose…
Wikipedia Stops Accepting Cryptocurrency Donations Citing Community’s Environmental Concerns – Featured Bitcoin News
Wikipedia has decided to stop accepting cryptocurrency donations after eight years of doing so. The decision is based on the request by the Wikimedia community citing “issues of environmental sustainability” as a key reason. Wikipedia Discontinues Accepting Bitcoin, Crypto Donations Wikimedia Foundation has announced its decision to “discontinue direct acceptance of cryptocurrency as a means of donating.” The foundation began…
Dfinity Foundation files lawsuit against Meta over infinity logo
Lawyers for Dfinity Foundation, a Switzerland-based nonprofit behind the Internet Computer blockchain, have filed a lawsuit against Facebook’s parent company Meta for trademark infringement over its infinity logo. In a Friday court filing with the United States District Court for the Northern District of California, Dfinity’s legal team claimed Meta Platforms was registering use of its logo, which also uses…
Yuga Labs’ Otherdeeds NFT mint triggers backlash from community
The aftermath of the Otherdeeds nonfungible token (NFT) mint is filled with disgruntled community members voicing their complaints on Twitter over Yuga Labs’ handling of the event. The launch of Otherdeeds NFTs gained massive support from the community, selling out almost immediately after it dropped. Because of the high demand, the launch drove up Ethereum gas fees sharply so that users pai from…