Cryptocurrency Analysis and News Portal
It’s been two days since the Terra development team launched the new Phoenix-1 blockchain with the network’s native token LUNA. While the token dropped significantly in value during the first day of trading, the new LUNA has jumped 8.8% in value during the last 24 hours. Amid the token’s 24-hour
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The operator of South Korean crypto exchange Upbit, Dunamu, is facing pushback from regulators due to a controversial investment while authorities move to issue restrictions to stifle its monopolistic position.Dunamu’s total assets are valued at over over 10 trillion KRW ($8.06 billion) and Upbit controls an overwhelming 80% of the
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Dutch artist Dadara and digital rights management platform RAIRtech have developed a collection of 7.9 billion identical nonfungible tokens (NFTs).The collection, named CryptoGreymen, is on the Polygon (MATIC) Ethereum scaling network. Although each NFT is identical, they will be assigned a serial number of up to 7.9 billion to reflect
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Canada-based QuadrigaCX, thought to be a Ponzi scheme, famously collapsed in 2019 after its main founder, Gerald Cotten, was said to have died in India. Patryn and the remaining partner claim they lost access to C$115 million in customer funds. That wasn’t the only controversy surrounding Patryn; he also pleaded
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In the midst of the hype surrounding the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collectibles, two NFT projects have appeared offering near-identical or mirrored versions of the original BAYC NFTs. The NFT marketplace Opensea has removed the NFT projects from the market for breaking the rules against copyright
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Decentralized exchange ParaSwap has joined the ranks of DeFi platforms that launch their native governance token, PSP, via an airdrop. In most cases, these events cause a lot of hype in the community, as users are rewarded for supporting the platform. Related Reading | Real Vision CEO Raoul Pal Takes Bullish
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One of the most well-known online Bitcoin communities passed two million subscribers in a surge of activity on Friday, purportedly due to the media attention over the r/Wallstreetbets subreddit.According to the Metrics For Reddit analytics website, the subreddit r/Bitcoin has 2,184,941 subscribers at the time of publication, making it the
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Rayman and Beyond Good & Evil creator Michel Ancel announced last week his retirement from video game development.A new report reveals accusation of a toxic management style under Ancel’s direction.The former director was the subject of an internal investigation at Ubisoft.For many, something didn’t sit right with Rayman and Beyond
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Economists with the New York Federal Reserve do not think that bitcoin is a new kind of money. Bitcoin, the decentralized, permissionless, trustless digital value system that an anonymous programmer ginned up over a decade ago is “just another example of fiat money,” said Michael Lee and Antoine Martin in a
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Singer-songwriter Lotte Kestner has accused Naughty Dog of copying her music in The Last of Us Part II trailer. The song in question is a cover of New Order song True Faith released in 1987 to which Kestner added parts absent from the original. The similarities between the songs have reportedly led
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