Category: Cryptocurrency

Jan 21
SundaeSwap launches on Cardano but users report failing transactions

The first DEX on Cardano launched on the mainnet today to allow traders to perform swaps and add liquidity, but network congestion has slowed transactions processing. 864 Total views 10 Total shares Cardano’s first decentralized app (DApp) SundaeSwap has launched but is causing a frustration among users due to congestion, platform errors and failed transactions. […]

Jan 21
Jack in the Box ends suit against FTX for allegedly stealing its mascot

Jack in the Box and FTX have come to an undisclosed settlement over the mascot related copyright suit, suggesting that the Moon Man’s days may be over in its current form. 1396 Total views 7 Total shares Jack in the Box’s lawsuit against FTX US over an alleged mascot-related copyright and trademark infringement has come […]

Jan 21
Indonesian Islamic organization issues new fatwa against crypto use

The fatwa points toward two critical issues with cryptocurrencies that make them illegal as an investment tool and a medium of exchange. 4654 Total views 36 Total shares The Tarjih Council and the Central Executive Tajdid of Muhammadiyah, one of the largest non-government Islamic organizations in Indonesia, issued a new fatwa against cryptocurrency use, deeming […]

Jan 20
Twitter Blue rolls out NFT profile pics for iOS

The feature can only be used by paid Twitter Blue users on iOS. 767 Total views 6 Total shares On Thursday afternoon, Twitter announced that it would be rolling out iOS support for nonfungible token, or NFT, hexagonal avatars. As of now, only paid subscribers of Twitter Blue using iOS, which costs $2.99 per month, […]

Jan 20
Witnesses address energy impacts of crypto mining during House hearing

“If policymakers take a cautious approach and foster a pro-innovation environment, the rewards for consumers, investors and all Americans are likely to be great,” said Jordan Ramis shareholder Gregory Zerzan. 1763 Total views 59 Total shares Five industry experts appearing before the United States House Energy and Commerce Oversight Subcommittee had different views on how […]

Jan 20
SEC rejects Skybridge's application for spot Bitcoin ETF

The commission rejected a rule change allowing listing and trading shares of the First Trust SkyBridge Bitcoin ETF Trust, citing similar reasons for disapproving Bitcoin spot ETFs from VanEck in November and WisdomTree in December. 353 Total views 3 Total shares The United States Securities and Exchange Commission, or SEC, has officially disapproved the application […]

Jan 20
Crypto.com shares details on security breach: 483 accounts compromised

Approximately $33.8 million in crypto assets was stolen from Crypto.com following a security breach on Monday. 3887 Total views 26 Total shares The Crypto.com security breach saga gets clarity with an official statement from the Singapore-based crypto exchange following a halt on withdrawals after detecting “suspicious activities” in user accounts. In a statement on Thursday, Crypto.com revealed that […]

Jan 20
Breaking ‘bear market’ in Bitcoin demand will spark next BTC price surge — Analysts

Bitcoin (BTC) demand has been in a “bear market” for a whole year, but a surge is most likely what will spark a new price run-up. That’s according to prominent economics analyst Lyn Alden, who in a Twitter debate this week bet on demand snowballing and lifting BTC price action. Back: Watch supply and demand […]

Jan 20
El Salvador explores low-interest loans backed by Bitcoin

The Salvadoran government is looking to create a Bitcoin-backed loan product for micro and small businesses across the country. 555 Total views 18 Total shares It’s full steam ahead for El Salvador’s Bitcoinization. The next point on the orange agenda is in providing low-interest loans backed by Bitcoin (BTC) to small and micro-businesses. While the […]

Jan 20
MiamiCoin has now raised $24.7 million… but who will benefit?

Recently, Cointelegraph spoke to Miami Mayor Francis Suarez following the announcement that Miami residents with a digital wallet can earn a Bitcoin dividend. The company that sets up the infrastructure to get Bitcoin dividends into the hands of citizens is CityCoins, an open-source protocol that provides fundraising mechanisms for cities.  Miami and New York City […]