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Embattled crypto exchange JPEX has pushed ahead with a plan that will purportedly transition the platform into a decentralized autonomous organization (DAO) and convert user assets to dividend shares with an incentive to lock them up for two years.An Oct. 4 announcement from JPEX said voting for its “DAO Shareholder
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“The reputational shadow [of cloud mining] has been a stain on our entire industry,” says Kent Haliburton, President and COO of Sazmining, a hosted miner (for an explanation of the difference between hosted and cloud mining, see below). “Because so many people have gotten hurt and hosed. We said, if
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The crypto wallets associated with now-bankrupt trading firm Alameda Research, the sister company of FTX, were seen transferring out funds just days after the former CEO Sam Bankman Fried was released on a $250 million bond.The transfer of funds from Alameda wallets raised community curiosity, but more than that, the
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Airdrops are once again back in style following the recent five-figure token drop from the Ethereum Name Service protocol that kicked off a flurry of protocol engagements from hopeful crypto enthusiasts looking to get in on the next "crypto stimulus check."Paraswap is the most recent project to reward early adopters,
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A historic, multimillion-dollar deal between a layer 1 base layer network with a devout following and a major Ethereum infrastructure builder may have hit a snag this week as some token speculators believe they may be getting shortchanged.In a governance forum proposal this week, Gnosis founder Martin Köppelmann laid out
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Bitcoin (BTC) saw its most successful recovery in history on Jan. 12 after testing $30,000 support, but market participants are already suspicious.Data from Cryptox Markets and TradingView followed Bitcoin as it swiftly bounced off lows of $30,250 late on Monday to seal 20% gains in just over 12 hours.Guggenheim sell
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European users of eToro are claiming they were given the bum’s rush regarding leveraged crypto positions, which have been abruptly closed in the face of what the trading platform called “extreme market volatility.”Retail investors in the U.K. and U.S. are barred from buying into crypto derivatives, including financial contracts that
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Ethereum miners are signaling their disapproval of a technical proposal advocated by top Ethereum developers, a new survey shows.Eight of the nine mining projects partaking in a community survey on Ethereum Improvement Proposal (EIP) 1559 had a negative impression of the proposal, with seven of the nine saying they would
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Bitcoin (BTC) has only just completed its “hardening” — but fiat currency is already getting even “easier” as money after a historic move by the United States central bank.As the Federal Reserve confirmed in a press release on May 11, the bank is about to finally launch its corporate debt
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As Zhao told Cryptox on May 4, the April 29 attack was “well-coordinated” and focused on making Binance services unavailable in some countries of Asia.Competitors behind the attacks?Zhao emphasized that there are “a number of tell-tale” signs that such attacks came from competing exchanges.In the statement, Binance’s CEO stated that
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