Celebrities called out for shilling NFTs: Nifty Newsletter, Aug 10–16
A Polygon executive highlighted that NFT games have an advantage over traditional “money in, no money out” gaming business models. Go to Source Powered by WPeMatico
Month: August 2022
Economic design changes will affect ETH’s value post-Merge, says ConsenSys exec
Lex Sokolin said that post-Merge, DeFi projects will have to compete with the returns offered by the core ETH protocol. Go to Source Powered by WPeMatico
Price analysis 8/17: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX
Crypto and stock markets corrected as traders grew nervous ahead of Wednesday’s FOMC minutes, but the real stress point is whether traders will “buy the dip.” Go to Source Powered by WPeMatico
Study: Insider trading occurs in 10% to 25% of cryptocurrency listings
The study found abnormal levels of return in a sample of tokens just before their listing announcement on Coinbase. Go to Source Powered by WPeMatico
Tornado Cash sanctions will ultimately undermine the US and strengthen crypto
Like any aging empire, America is reacting to its competition. Go to Source Powered by WPeMatico
Russia’s GDP Decline Less Severe Than Expected, Wall Street Returns to Russian Bonds, Putin Criticizes US ‘Hegemony’
While the ongoing war in Ukraine continues, the Ministry of Economic Development of the Russian Federation detailed this week that Russia’s economic hardships are less severe than expected. Russia’s economic ministry says that the economy’s gross domestic product (GDP) is estimated to drop by 4.2% this year and Russia’s inflation won’t be as elevated as … Read more
Another crypto CEO steps down as Genesis Trading restructures leadership
Ignite CEO Peng Zhong, MicroStrategy CEO Michael Saylor, and now Genesis Trading CEO Michael Moro — top executives have departed crypto firms or stepped into advisory positions. Go to Source Powered by WPeMatico
PIXXSTASY Is Changing the NFT Market
PRESS RELEASE. PIXXSTASY, a charity project for drug prevention and rehabilitation, is redefining the NFT market. The organization will sell 399 limited edition NFTs this year and use the proceeds to support charities involved in anti-drug campaigns and drug recovery programs around the world. Operating under the taglines “BE A HEALER” and “DON’T USE. JUST … Read more
Ethereum Foundation clarifies that the upcoming Merge upgrade will not reduce gas fees
The Merge will still reduce the network’s energy consumption by an estimated 99.5%. Go to Source Powered by WPeMatico
Pushing Bitcoin to become more scalable with zero-knowledge proofs
Cointelegraph Research explains the EC-STARKs technology and discusses what this means for the cryptocurrency market. Go to Source Powered by WPeMatico
