Day: 11 November 2022

Cryptocurrencies can be obtained in two ways: buying or mining. Binance and Coinbase are examples of cryptocurrency exchanges where you can buy cryptocurrencies. On the other hand, the process of cryptocurrency mining allows miners to earn cryptocurrency as a reward for solving a mathematical problem.  Because cryptocurrencies run on distributed ...

It has been a crazy week in the crypto space. Due to liquidity concerns, the CEO of Binance, known as "CZ," announced his intent to purchase Sam Bankman-Fried's FTX on Tuesday.  On Wednesday, he made a U-turn, citing probes by law enforcement and a few other reasons as the driving ...

Sequoia Capital, a renowned venture capital firm, stated in a letter to its limited partners that it had reduced the value of all of its investments in FTX to zero. Sequoia cited FTX's "liquidity crunch" and "solvency risk" as justifications for its decision in a letter to investors. Last year, ...

Following the Binance liquidity crunch with FTX, cryptocurrency prices dropped, with investors pulling out of riskier assets amid rising interest rates. As a result, BTC has recently recorded a new bear market low at about $16,000 and is now trading below the $19k price level for the first time in ...

Russia is a country that has had a couple of regulations banning the use of cryptocurrencies. Strangely, it's the 3rd largest country for mining activities because of cheap electricity. One would think the government would be in support of digital currencies. The reverse seems to be the case.  A ray ...

Elon Musk, the new owner of Twitter, has revealed his plans for the company. On Wednesday, November 9th, he was on Twitter spaces to discuss urgent issues arising from the new Twitter policies.  Musk, last week, filed an application to the Treasury Department's Financial Crimes Enforcement Network (FinCEN) for permission ...

SafeMoon launched the SafeMoon Tokenomics Supervisor to address a growing issue with non-flat-fee tokens deployed on numerous decentralized exchanges. To create a more productive cryptocurrency and decentralized financial technology (DeFi) ecosystem, SafeMoon has taken this step forward. Tokens that have various fees for buy, sell, and transfer transactions ("non flat-fee") ...

Vitalik Buterin, the co-founder of Ethereum, demanded in a tweet that projects trying to use his name to gain credibility send their donations to charity rather than to him. This is why I recommend all the dog coin / word coin people to not issue tokens to *me*. If you ...

There has been a wave of discussion regarding creator royalties in the NFT space lately. NFT creator royalties allow creators to receive a percentage of the sale price each time an NFT is sold. This creates an income stream for artists and creators utilizing the technology behind the digital assets. ...

Ripple and Ethernal Labs are partnering to bring EthernityChain to the XRP Ledger to support NFTs and to grow the Web3 ecosystem. ????Get to know @EthernityChain—a creative & technology studio integrating with the XRP Ledger to support #NFTs. CCO @AdrianBaschuk shares why the team partnered with Ripple’s Creator Fund to ...