Category: Cryptocurrency

Sep 09
‘Go to jail:’ Community roasts Celsius-themed Monopoly board game

The Celsiusopoly board game is priced at $99, with the U.S.-based e-commerce company offering free shipping to U.S. residents. 1426 Total views 21 Total shares The crypto community is having a field day mocking a new Celsius-themed Monopoly board game named “Celsiusopoly,” which has emerged on a United States-based online e-commerce marketplace.  The announcement of […]

Sep 09
Crypto markets see flood of Queen Elizabeth memecoins and NFTs

There is a long list of new tokens with names in poor taste such as Queen Elizabeth Inu, Save the Queen, Queen, QueenDoge, London Bridge is Down and Rip Queen Elizabeth. 615 Total views 12 Total shares Crypto degens have wasted no time after the passing of Queen Elizabeth II, flooding the crypto market with […]

Sep 09
Weekly active crypto devs drops over 26% over the last 3 months

Blockchain developer activity is one of the most crucial metrics in measuring the success of a smart contract platform — one that lacks developers will struggle to grow. 748 Total views 25 Total shares The crypto industry has seen more than a 26% reduction in weekly active developers over the last three months amid a […]

Sep 09
Ford prepares to enter the Metaverse with virtual automobiles and NFTs

A trademark application covering its future efforts in the Metaverse and NFT space comes only a month after the company announced huge staff cuts. 77 Total views 12 Total shares United States Patent and Trade Office (USPTO) licensed trademark attorney Mike Kondoudis revealed in a Sept. 7 tweet that the company had filed a total […]

Sep 08
DeFi protocol token NFD crashes by 99% after a flash loan attack

Flash loans allow users to borrow a high amount of assets without having to provide any upfront collateral, this is often used by miscreants to launch attacks on DeFi protocols. 1651 Total views 6 Total shares New Free DAO, a decentralized finance (DeFi) protocol, faced a series of flash loan attacks on Thursday, resulting in a […]

Sep 08
Bitpanda aims to entice crypto investors to TradFi by adding commodities

The exchange now allows crypto investors access to traditional investments such as natural resource commodities like precious metals. 716 Total views 38 Total shares The Vienna-based fintech unicorn Bitpanda is harkening back to the ways of traditional finance (TradFi) through new offerings on its exchange platform. By adding commodities to its list of available investment […]

Sep 08
Which countries are the worst for crypto taxation? New study lists top five

Global cryptocurrency taxation rules significantly vary among countries, and some jurisdictions have come up with extremely tough crypto tax policies for their residents. In a new study by crypto analytics firm Coincub, Belgium is referred to as the worst country in the world in terms of crypto taxation for residents. That is according to in-house […]

Sep 08
Algorand upgrade boosts speed, adds trustless cross-chain communication

Algorand has increased its transaction speed, processing capacity and cross-chain functionality with a major upgrade. 1220 Total views 53 Total shares Pure proof-of-stake (PPoS) blockchain Algorand has introduced cross-chain communication and transaction speed improvements with the latest upgrade to its protocol. The layer-1 blockchain network announced the implementation of State Proofs to its mainnet, which introduces […]

Sep 08
Community calls out bots spamming crypto Twitter threads

Members of the crypto community brought up the issue of Twitter bots and urged the social platform to do something. 639 Total views 46 Total shares Twitter is a platform for community members to discuss various perspectives on issues within the crypto space. However, productive discussions are often hindered by bots that spam “why is […]

Sep 08
Avalanche flash loan exploit sees $371K in USDC stolen

Avalanche-based lending protocol Nereus Finance has been the victim of a crafty hack that saw a user net $371,000 worth of USD Coin (USDC) using a smart contract exploit. Blockchain cybersecurity firm CertiK was one of the first to detect the exploit on Tuesday, indicating that the attack impacted liquidity pools on Nereus relating to […]