Facebook and Twitter will soon be obsolete thanks to blockchain technology
On Web2 — Twitter and Facebook — users do not own their own content or followers. That isn't the case...
Altcoin News
Tencent receives patent for blockchain-based missing persons poster
The simple patent idea took three years to be granted regulatory clearance. According to local news outlet 36kr.com, Chinese technology...
Cryptocurrencies react to Jackson Hole, Fed rate hike plans and a weakening bear market rally
The price action in Bitcoin, altcoins and stocks reflects investors’ anxiety over the Fed’s rate hike plans, a weakening bear...
FCA highlights limited role as unregistered businesses continue to operate
Crypto.com has become the latest company to register with the United Kingdom's Financial Conduct Authority, while many continue to operate...
Crypto.com moves forward with multimillion-dollar renovation of Staples Center following staff cuts
"Brave of them... maybe fortune favor them," said one Redditor in response to an artist's rendering of the renovations. Despite...
Acala community votes to burn 2.97 billion of erroneously minted aUSD stablecoin
A total of 3.022 billion aUSD were previously minted via a liquidity bridge glitch. According to a new post by...
Bitcoin whales attack sellers at $22.3K as euro drops below USD parity
Bitcoin struggles to make a return to higher levels despite geopolitical uncertainty striking the Eurozone. Bitcoin (BTC) drifted near $21,000...
Summer doldrums? Crypto volumes are down 55%, according to CoinShares
Bitcoin investment products, which include ETFs, ETPs and Grayscale’s GBTC, saw a third consecutive week of outflows. Crypto investment products...
Voyager creditors oppose $1.9M employee retention proposal
The creditors wrote that the employees are "already well-compensated" while its creditors struggle to pay their expenses. Voyager Digital Holdings’...
Metaverse is a key factor in long-term NFT success, says new research
The report states that global NFT transactions are projected to hit 40 million in the next five years. A new...
Ethereum advances with standards for smart contract security audits
The Enterprise Ethereum Alliance has published a smart contract security audit specification to ensure consistency when it comes to smart...
Correlation growing between crypto and equity markets in Asia, says IMF
New data shows a 10-fold increase in the return correlations between Bitcoin and stocks in some regions. Before the COVID-19...
USDC whale holdings percentage lowest in almost two years
USDC tokens held by the largest addresses have dropped to a two-year low as Circle freezes Tornado Cash-related assets. The...
Stablecoin issuers hold more US debt than Berkshire Hathaway: Report
Tether, Circle and other stablecoin firms held $80 billion worth of short-term U.S. government debt as of May 2022, more...
BendDAO contract drained overnight with 15 ETH left to pay lenders
Many nonfungible tokens (NFTs) that were used as collateral in the platform have defaulted without any bids. Lending protocol BendDAO...
