Crypto

Massive airdrop and AXS staking catapult Axie Infinity to a new all-time high

Airdrops have become the cryptocurrency ecosystem’s equivalent of stimulus checks over the past couple of years and further proof of this can be evidenced...

NFTs Revive Dot-Com Era Hype Over Domain Names — CoinDesk

Since starting in 2018, Unstoppable Domains has registered over 1.4 million domain names, including several for Fortune 1000 companies. The company sells domains that...

How smart contracts are shifting the crypto sector’s balance of power

One of the familiar themes seen in previous crypto market cycles is the shifting market caps, popularity and ranking of the top 10 projects...

High Ethereum fees kick-start a liquidity migration to layer-1 platforms

In the ever-evolving world of cryptocurrencies and blockchain technology, the race to establish a highly scalable, user-friendly network capable of being adopted on a...

Time to rotate! Data suggests traders are shifting from NFTs to DeFi

An important part of preserving investing profits is knowing when an asset or sector is showing signs of exhaustion and when a sector rotation...

Honduras gets its first Bitcoin ATM

TGU Consulting Group, a Honduran company based in the capital of Tegucigalpa, has reportedly installed the country’s first Bitcoin ATM.According to a Friday Reuters...

VanEck and ProShares apply to withdraw Ethereum ETF filings from SEC

Less than two days after submitting separate applications to the United States Securities and Exchange Commission (SEC), asset managers VanEck and ProShares have seemingly...

Hack of little-known Poly Network highlights East-West crypto divide – Cointelegraph Magazine

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes...

SEC claims first enforcement action in $30M fraud case involving DeFi project

A Cayman Islands-based company and two individuals may be the first subjects in decentralized finance, or DeFi, to face enforcement action from the U.S....

Cardano risks 60%-90% drop, warns trader with ADA painting a classic bearish pattern

Cardano is close to attaining the title of a fully-fledged smart contracts platform following a critical upgrade in mid-July. The project's founder Charles Hoskinson...

Amazon seeks new exec to oversee digital currency strategy

Tech giant Amazon is looking to dive into digital currency and blockchain development with a new major hire within its payments-focused team.Amazon’s payments acceptance...

Karura launches decentralized exchange on Polkadot and Kusama

Karura, the Polkadot implementation of the Acala protocol, has launched its decentralized exchange (DEX) platform, Karura Swap.According to the announcement issued on Friday, the...

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