Cryptocurrency Analysis and News Portal
Crypto exchange Crypto.com announced severe reductions to CRO staking rewards for most tiers of its VISA prepaid card which has forced the token price to fall around 30% in less than a week.Its May 1 blog post explains that card rewards will be reduced by an average of 69.5%, and
Read More
On Monday, Crypto.com’s Cronos (CRO) slide followed suit with a sharp drop after the crypto exchange said it was reducing some staking and rewards tied to its popular pre-paid Visa cards. According to Tradingview.com, the coin dropped by 19% to $.265. On Sunday before the announcement, CRO was trading above $.33
Read More
"Staking CRO tokens enabled rewards for users and incentivized the use of their debit card," shared Edson Ayllon, Product Manager at dHEDGE, in a Telegram message. "Reducing cashback rewards reduced the intrinsic value proposition of CRO. "This is similar to how DeFi protocols use liquidity mining to attract assets. It's
Read More
The founder of Lolli on why New York is behind Miami in attracting crypto startups and how brands can use bitcoin to win more customers. Adelman is a speaker at CryptoX's Consensus festival in June. Source
Read More
Shiba inu holders can now get rewards for burning their SHIB tokens as the project’s development team officially launched the Shibaswap burn portal. According to the team, SHIB burners generate passive income in the form of RYOSHI rewards by holding on to a new token called “burntSHIB.” SHIB Army Celebrates the
Read More
sponsored Kyber Network and BitTorrent have announced the integration of KyberSwap with BitTorrent Chain (BTTC) as their 11th chain integration, with more than $1.5M in liquidity mining and trading incentives available to users immediately. The partnership will accelerate DeFi’s adoption with the combined benefits of best trading and earning rates, ease
Read More
The last year has proven that the emergence of Web3, NFTs, and play-to-earn are far from a fad. There are cultural shifts taking place today that show immense potential to completely flip traditional models on their heads – from how we look at content, gaming, finance, and more. Play-to-earn gaming has
Read More
Investing in a basket of proof-of-stake tokens should yield about 6% annually, CIO McClurg said. Source
Read More
Stablecoin minting and nonfungible tokens (NFTs) have been the latest trending topics in the cryptocurrency market and protocols like Terra (LUNA) have led the discussion on why stablecoins should be backed by assets like Bitcoin and Avalanche (AVAX). One project that appears to be following Terra's lead is Origin Protocol (OGN),
Read More
This treatment is intuitive with respect to created property. We paint pictures, grow crops, mine raw materials, process raw materials into useful commodities, write essays and engage in countless other creative processes, knowing and expecting that, should our creations actually have some monetary value, they are not taxed unless and
Read More