Crypto News
The desk's complete reporting record, newest first.
The Ethereum Foundation has announced that the Merge will begin on September 6th. First, the Bellatrix upgrade will be activated on September 6th, which will kick-start the rest of the Merge process, which is expected to be completed by September 20th.
Flare Network’s Head of Marketing Nick Campion speaks to YFarmX about Flare’s technology and innovative work.
Crypto Twitter is bracing for a liquidation cascade in the NFT market as a large number of Bored Ape Yacht Club NFTs posted as collateral on BendDAO, where users borrow ETH against their NFTs, near their liquidation point, with about $55 million at stake.
There are many experts who believe the next big breakthrough in the metaverse will be when it comes to the assignment of ownership to virtual goods, in the metaverse. Wouldn’t it be great if NFTs could also be used for securing property rights and unlocking the value of tangible assets?
In a recent announcement, Gucci announced it would be accepting ApeCoin (APE) through BitPay, an affiliate of the Bored Ape Yacht Club. As a result, Gucci will allow you to exchange APE for US dollars, which you can spend at its stores.
Using Flare’s blockchain technology, users will be able to seamlessly move between different metaverse ecosystems and blockchains, such as Decentraland and Sandbox, a key aspect of Metropolis’ metaverse vision.
Senior government officials must disclose their NFT investments under a legal advisory issued by the Office of Government Ethics (OGE).
Approximately $525,000 will be refunded to defrauded Premint customers, according to Mulligan. The NFT platform is also acquiring wallet security firm Vulcan to help prevent future hacks.
The RTFKT x Nike AR Genesis Hoodie, originally revealed in April, will officially launch on Thursday, 21st July. The hoodie is Nike’s first hoodie with RTFKT Studios, its newly acquired Web3 fashion and collectible studio.
A phishing scam offering a fraudulent airdrop managed to steal nearly $8 million from Uniswap users on Monday.
For fears that funds could be “disposed of” outside of court proceedings, liquidators have request permission to access 3AC assets in a court filing.
The ‘Poundtoken’, a GBP-denominated stablecoin, has been launched by Isle of Man-based fintech startup Blackfridge.
The European Union (EU) has reached an agreement on legislation (MiCA) that will regulate crypto assets and service providers across the bloc’s 27 member countries.
Crypto investment firm Three Arrows Capital, or 3AC, filed for Chapter 15 bankruptcy on Friday.
Due to the recent decline in crypto prices and the industry’s inactivity, Goldman Sachs downgraded Coinbase Global, Inc, one of the most prominent cryptocurrency exchange platforms.
Axie Infinity, the play-to-earn game based on NFT’s, is bringing the Ronin Bridge back three months after being hacked and developers are saying things will be different this time.
Avalanche, a popular Layer 1 blockchain, has announced new support for native Bitcoin (BTC) through its bridge solution built on its cryptocurrency wallet Core. As a result, in the past 24 hours, AVAX has outperformed major digital assets such as Bitcoin and Ethereum.
Cristiano Ronaldo, the well known football mega-star, has teamed up with Binance to bring football enthusiasts into the web3 ecosystem through global campaigns. He said “together, we are going to change the NFT game and take football to the next level”.
This coming July, Tether Operations, the company behind the largest dollar-pegged stablecoin, will introduce a new token backed by the British Pound Sterling (GBP).
In New York City this afternoon, blockchain company Solana announced its own mobile phone, the Saga, made in partnership with Osom. The device costs $1,000, and preorders open today. Solana says the Saga will be ready in the first quarter of 2023, with a $100 deposit required.
Algorand Foundation’s Head of Marketing Stephen Duignan kindly agreed to talk to YFarmX and answer some of our questions about the the foundation and its work.
The embattled crypto lender (Celsius’s) CEL token reached $1.56 on Tuesday as holders tried orchestrating a short squeeze.
Solend’s community approved a plan to take control of a whale’s accounts, then reversed course after decentralisation advocates opposed it, and is now weighing a third proposal that lowers borrowing limits so positions above $50M are progressively liquidated.
Amid the Three Arrows Capital’s (3AC’s) crisis, Finblox announced Thursday it would impose a $1,500 monthly withdrawal limit and pause reward distribution. It comes after a report on Wednesday that 3AC could be insolvent following liquidations worth $400 million.
Jeremy Allaire, the CEO of Circle, announced that the company has launched a stablecoin pegged to the euro (EUR).
The new feature that “automatically hides suspicious NFT transfers from view on OpenSea” will stop several malicious attacks with third party sites attached, enhancing user confidence in navigating through the marketplace.
Celsius announced the freezing of the assets of its 1.7 million users.
With holders selling their now depegged stETH and the date of the ETH 2.0 Merge mired in uncertainty, there is now heavy selling pressure on stETH.
There were numerous unconfirmed allegations on Saturday that Kwon had taken liquidity out of Luna Classic and TerraUSD, before the crash, to purchase USDT.
An interview with Shawn Roller, co-founder of GeroWallet and a UX researcher who has worked for Google Stadia and NASA, on why user experience decides whether crypto reaches ordinary people and on the biggest challenges Gero faces.
Decentralised autonomous organisations are still in the beginning stages. However, the model is promising. As soon as the legal and regulatory challenges are resolved, investment DAOs could replace traditional venture capital firms.
According to the international institution, central banks should steer clear of proof-of-work protocols
A member of the Proof Collective has lost 29 extremely valuable Ethereum based Moonbirds.
The “algorithmic stablecoin” Terra, whose collapse sparked a collapse of the entire cryptocurrency sector, is being relaunched as “terra 2.0”.
On Monday, eBay launched its first nonfungible token drop with a series of tokenized collectibles featuring National Hockey League (NHL) legend Wayne Gretsky.
Nadya Tolokonnikova the co-founder of Pussy Riot has launched her own Web 3 project called UnicornDAO, which is dedicated to “empowering, showcasing, and supporting female and LGBTQ+ artists”.
FTX, a major cryptocurrency exchange, is expanding into equity trading withits US-based subsidiary FTX US launching a stock trading platform.
Authorities in South Korea have reportedly begun an emergency assessment of domestic crypto exchanges.
The British Web3 community celebrated an important legal precedent recently at the High Courts of Justice in London, the closest analog to the United States Supreme Court.
Crypto.com glitch leads to abrupt halt of all trading on May 13 after an internal tool detected that the system was quoting incorrect prices for LUNA.
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