With Bitcoin down 30% in the past week, some crypto traders have taken to Telegram to “voice” their feelings. In the “Bear Market Screaming Therapy Group” on Telegram, members are only allowed to post voice notes of themselves screaming. Anything else will result in an instant ban from the group, which currently has about 75 members. Image: Telegram. So far,…
On June 14, discussions of Celsius continued to populate media headlines and June 14’s news involved the platform’s CEL token accruing massive gains after what appears to have been either an exchange glitch or a short-squeeze. CEL price spiked from $0.18 to $1.55 in one abrupt candle before sinking back to $0.60 within the same one-hour candle. CEL/USDT 1-day chart.…
BOLT FUN is hosting its second virtual Lightning Network hackathon beginning on Thursday, June 16. The event known as Shock The Web 2 is meant to on-board new builders into the Bitcoin Lightning Network ecosystem.The event will last four days with notable industry speakers and thought leaders and will offer up to $2,600 in prizes. BOLT FUN, a platform for…
On Tuesday, OpenSea, the most popular nonfungible tokens, or NFTs, marketplace by trading volume, announced that it was migrating to Seaport. Among many perks, the protocol says it will feature lower gas fees, the ability to make offers on entire collections, removal of new account initialization fees and more user-friendly signature options. As told by OpenSea, users would pay 35%…
In a post-mortem issued shortly after it lifted the freeze on bitcoin withdrawals, Binance has identified the “repairing of several minor hardware failures on wallet consolidation” as the incident that ultimately forced it to pause withdrawals. To fix the problem and to stop this from recurring, Binance said it changed the logic “to only take successful UTXO from consolidation transactions…
Binance CEO, Changpeng Zhao, commonly known as “CZ,” said in a recent interview that a potential crypto winter is good for business. When asked how Binance will fare during the current crypto winter following reports of recruitment freezes at Gemini and Coinbase, he answered confidently. “It’s not the first time we’ve gone through a crypto winter. If we are in…
Decrypt’s Kate Irwin talks to Superchief Gallery co-founder Edward Ed Zipco about NFTs and the potential for digital art at Superchief’s 10 anniversary showing in Los Angeles. Source: https://decrypt.co/videos/interviews/KpXp8e1w/nfts-and-knife-throwing-abound-at-superchief-gallery-in-la
On Tuesday, Romania’s National Institute for Research and Development In Informatics, also known as ICI Bucharest (ICI), announced that it would be building an institutional nonfungible tokens, or NFTs, marketplace and a decentralized Domain Name System. Both services will be built on the Elrond (EGLD) blockchain, which is known for its ability to speed up transactions via sharding. ICI was…
In brief The floor or entry-level price for a Bored Ape Yacht Club NFT has fallen below $100,000 for the first time since August 2021. It’s down 78% since late April, when Bored Apes started at nearly $429,000. The Bored Ape Yacht Club has been a key symbol of rising valuations in the NFT market, with celebrities snapping up disinterested…
In an episode of the “Bitconheiros” podcast with guest Fábio Ostermann, the Brazilian congressman commented — among several subjects — on Bitcoin and the adoption of decentralized technologies. This story was shared by local media outlet Boletim Bitcoin. The Brazilian member of Parliament said that technologies that promote decentralization have the potential to free Brazil, as they can make many…
