The Buenos Aires-based soccer team Banfield sold one of its best players (Giuliano Galoppo) to the Brazilian giant São Paulo. Interestingly, the latter paid the transfer sum in cryptocurrencies instead of fiat, handing over approximately $8 million worth of USDC to the Argentinian club. As a result, Galoppo became the first soccer player sold in...Read More
The Aussie financial regulators reportedly greenlighted one of the leading cryptocurrency platforms – Huobi Group – to register as a digital currency exchange provider in the country. This is the company’s latest expansion step and first in Australia. Founded in China, Huobi had to move its operations abroad due to the adverse stance against the...Read More
Tl:dr: We’re launching Ethereum staking to US domestic institutional clients on Coinbase Prime. Using our industry-leading cold storage, clients can now generate yield by staking ETH. By Aaron Schnarch, Vice President of Product, Custody Fully-integrated staking on Coinbase Prime Coinbase Prime provides institutions with an end-to-end staking experience. Clients can create a wallet, decide how...Read More
Craig Wright – the self-proclaimed Bitcoin inventor Satoshi Nakamoto – only received £1 as the result of the defamatory case against crypto podcaster Peter McCormack, a well-known Bitcoin proponent who had called the computer scientist a liar on multiple occasions. U.K. High Court Judge Martin Chamberlain ruled in favor of Wright, stating that the crypto...Read More
Ethereum’s network activity has plunged considerably due to the market downturn as the decentralized finance (DeFi) and NFT sectors took a hit. Gas prices weren’t spared either. In fact, new data suggested that these figures have reached multi-year lows and are now treading near May 2020 levels. With Ethereum fees dropping below $5 per transaction,...Read More
[PRESS RELEASE – New Jersey, United States, 1st August 2022] MasRelic, a small cap start-up located 7 miles from one of the seven blockchain hubs of the world, New York City, has launched its new RELIC token on the Ethereum Blockchain on UniSwap. The RELIC token is the native utility token that is used for:...Read More
[PRESS RELEASE – Tampa, United States, 1st August 2022] Leading metaverse builder community SandStorm has released its highly anticipated “proposal and bid” platform. This metaverse construction market pairs brands with builders from top virtual worlds including Decentraland and The Sandbox, allowing brands to deploy assets and experiences on demand. Its decentralized approach aggregates the best...Read More
As Bitcoin price markers a raise above $24,500, Ethereum price also reaches levels close to the crucial resistance at $1840. The other altcoins also gained huge strength and range high slicing through their respective local resistance. However, as BTC price faced rejection, Ethereum price too dropped, dragging most of the altcoins lower. Therefore, in such...Read More
Since the time Bitcoin reached $69,000 in November 2021, the flagship currency has faced a downward trend where the price even hit $17,622 recently in the month of June. The flagship currency is now recovering with the price claiming as high as $24,688 in the month of July. However, Bitcoin is still trading in the...Read More
The crypto lender, backed by Peter Thiel and Coinbase, was given a moratorium by Justice Aedit Abdullah that will last until November 7. The move will help provide some respite to Vauld, whose 147,000 creditors will be prohibited from taking legal action against it. As per the court hearing on Monday, the company had asked...Read More
[PRESS RELEASE – Tortola, British Virgin Islands, 29th July 2022] Upcoming Win-to-Earn (W2E) game Project Hive has revealed the date of its Android debut. The RPG deck-building game will land on the Google Play market in September. Developed by a team of gaming industry veterans, Project Hive is led by art director Marcin Rubinkowski (Love...Read More
Abstract In this piece we discuss the possibility of a chain split when the merge occurs on Ethereum, resulting in an ETH2 coin and a new ETHPoW coin. We examine the viability of the ETHPoW chain, which is almost guaranteed to be a minority chain with respect to the coin price and economic chain usage....Read More
On July 31, Vitalik Buterin commented in response to Dialectic’s Dean Eigenmann’s thoughts on the future of the Metaverse and the way venture capital firms think it will play out. The Ethereum co-founder is confident that the Metaverse will happen but added that he doesn’t think “any of the existing corporate attempts to intentionally create...Read More
