Donate crypto to Children of Heroes and help support the youngest Ukrainians affected by the Russian invasion. Source: https://cointelegraph.com/public/index.php/news/donate-ukraine-children-of-heroes-crypto-charity-campaign
Month: August 2023
Hashdex joins race for spot Bitcoin ETF with unique strategy
Hashdex, a crypto asset management company, has joined the competition for a spot Bitcoin (BTC) ETF in the United States. The firm, known for its global leadership in crypto asset management, has submitted an application to the U.S. Securities and Exchange Commission (SEC) for a Bitcoin futures ETF that will hold actual spot Bitcoin. Exchange-traded funds, or ETFs, are investment…
Rogue Pepecoin team members blamed for $16M PEPE multsig withdrawal
The circumstances behind the mysterious $16 million withdrawal from the Pepecoin (PEPE) project’s multisig wallet have seemingly been revealed, with the finger being pointed at three ex-team members who went rogue. On Aug. 24, the price of PEPE plunged by roughly 15% amid fears of a potential rug-pull after the community spotted that $16 million worth of PEPE was withdrawn…
Wen moon? Bitcoin halving cycle hints at Q4 as smart money 'buys the rumor'
Bitcoin miners and “smart money” are the investor cohorts to watch when it comes to late 2023 BTC price action, says Filbfilb. Source: https://cointelegraph.com/public/index.php/news/bitcoin-halving-q4-smart-money-buy-btc-price
Crypto builders should ‘give up’ serving US customers for 5 to 10 years — dYdX founder
Antonio Juliano, the founder of decentralized exchange dYdX thinks that crypto builders should forget about serving customers in the U.S. over the next five to 10 years, experiment in other markets and then return once the time is right. In an Aug. 25 X (Twitter) thread, Juliano argued that builders should prioritize markets outside the U.S., as they will face…
IRS releases draft of proposed reporting rules for digital asset brokers
House Financial Service Committee Chair Patrick McHenry said the rules are part of “the Biden Administration’s ongoing attack on the digital asset ecosystem.” Source: https://cointelegraph.com/public/index.php/news/irs-releases-draft-proposed-reporting-rules-digital-asset-brokers
GAME REVIEW: Champions Arena from Gala Games
GAME REVIEW: Champions Arena from Gala Games Champions Arena is a turn-based fantasy RPG from Gala Games, where characters can become NFTs and crypto can be used to purchase gems, one of the game’s synthetic currencies. Decrypt’s Kate Irwin takes us inside the game for her thoughts on the fun, mobile-first title. Source: https://decrypt.co/videos/interviews/qUE1RlDx/game-review-champions-arena-from-gala-games
Champions Arena Is an Addictive Mobile Battler With Crypto Rewards
Champions Arena, a free-to-play, turn-based role-playing game (RPG) with optional NFTs, launched to the public on mobile and PC this week, offering players a fun and mobile-first experience with a colorful cast of characters. Developed by OneUniverse/Uniflow and published by Gala Games, Champions Arena is now fully released for iOS on the App Store, for Android on the Google Play…
Ethereum Staking Is Booming—But Value of DeFi Assets Keeps Falling
A slew of failures of centralized crypto exchanges and services over the past year has done little to stem consistent outflows from decentralized finance (DeFi) during that time, data shows. According to DefiLlama, less than $38 billion in value remains locked within DeFi protocols across chains, down from $178 billion at the industry’s height in November 2021. Almost $21.8 billion…
Sam Bankman-Fried’s lawyers push for temporary release, object to prosecutors’ proposed deal
Lawyers representing former FTX CEO Sam Bankman-Fried, or SBF, have claimed the “extraordinary accommodations” offered by authorities were insufficient in order for him to prepare for his criminal trial in October. In an Aug. 25 filing in United States District Court for the Southern District of New York, SBF’s legal team said the plan proposed by prosecutors to allow the…