Binance opens layer-2 ETH deposits with Arbitrum One integration
Binance users can now deposit any ERC-20 tokens from the Ethereum network using Arbitrum quickly and at a reasonable cost. Go to Source Powered by WPeMatico
Month: November 2021
Xbox Boss Phil Spencer Addresses Rise of NFT Gaming; Feels Some of It Is “Exploitive”
Phil Spencer, executive vice president of gaming at Microsoft and the individual responsible for the Xbox program, has addressed the NFT gaming phenomenon trending recently. To Spencer, some of the platforms that leverage the use of NFTs feel more exploitive than entertaining. Some of the biggest developers and publishers in the gaming industry have already … Read more
Bitcoin clings to $56K as whales keep buying — Watch these BTC price levels
Testing times continue for Bitcoin bulls with the trillion-dollar market cap next up for support. Go to Source Powered by WPeMatico
Torrent Website Called The NFT Bay Reignites Controversy Over Non-Fungible Tokens
There’s a new website the crypto community has been discussing called The NFT Bay, a web portal that operates in a similar fashion to The Pirate Bay (TPB), because the platform hosts a huge selection of NFTs stemming from various blockchain platforms for free. On Thursday, the web portal’s creator revealed a file called “The … Read more
Chamath Palihapitiya sells 15% of his stake in SOFI
Bitcoin billionaire Palihapitiya will use earnings from the sale to fund other “future-shaping technologies” for his venture firm. Go to Source Powered by WPeMatico
Half of Uniswap v3 liquidity providers are losing money: New research
A recent study of Uniswap v3 pools revealed that on average, almost half of the liquidity providers are losing money due to impermanent losses. Go to Source Powered by WPeMatico
RBA warns Aussies over punting on ‘fad driven’ cryptocurrencies
The Reserve Bank of Australia has warned local investors that the speculative frenzy on crypto could soon dry up if policymakers and regulators step in. Go to Source Powered by WPeMatico
Robinhood exec says proposal for a single digital asset regulator is stupid
Robinhood’s chief legal officer is not enamored with a recent Coinbase proposal for a separate regulatory body for the crypto space. Go to Source Powered by WPeMatico
1.2M users flock to NFT Pirate Bay for artwork archive
An Aussie software developer has created “The NFT Bay” containing an archive of NFT copies to show they are “nothing more than directions on how to access or download an image.” Go to Source Powered by WPeMatico
US City Installs Crypto ATM at Airport After Accepting Cryptocurrency for Payments
The U.S. city of Williston in North Dakota is installing a cryptocurrency ATM at its international airport. “This marks the first government-hosted cryptocurrency kiosk,” the city said. Williston also accepts cryptocurrencies for payments of utility bills. ‘The First Government-Hosted Cryptocurrency Kiosk’ The city of Williston in the U.S. state of North Dakota announced Wednesday a … Read more