Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Apparently Do Kwon Sent $80 Million a Month to Secret Wallets before crash

The United States Securities and Exchange Commission reportedly discovered a situation where $80 million dollars (100 billion won) of the company’s funds every month were sent to different wallets for the operating expense. This reportedly happened a few months before the collapse of Terra. This particular activity, according to the reports, is what raised money…
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Declare the Side Hustle — Americans Are Concerned About the 1099-K Tax Rule for Payments Over $600

Americans are worried about a new tax reporting requirement that will force applications like Venmo, Cash App, Paypal, Airbnb, and Ebay to send 1099-K forms to users. The U.S. Internal Revenue Service (IRS) is specifically focusing on payments of $600 or more for goods and services received through a third-party payment network. US Residents Think […]

Number of DAOs increases 8X along with spike in votes and proposals

The total number of DAOs has increased dramatically over the past 12 months along with their participation rates, but it may not mean decentralized governance is catching on.

If a chain can be shut down by 12 validator majority set discussing over Discord, it can 100% be shut down by governments with minimal effort

There has been a surge in chains being halted for whatever reason. DDOS, network instability, bug are common explanations given for why the chain was halted. If you dig into these incidences, it seems all of them were halted after discussions on discord groups by the validators of the chain and all of them arrived…
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Global Bitcoin adoption to hit 10% by 2030: Blockware report

Bitcoin, like the internet and social media, benefits from “network effects”, where more adoption spurs higher value and incentive for additional take-up, says Blockware Intelligence.

Metatmask revoke question

I recently bought an NFT off of opensea using my MetaMask wallet, it's the first time I've ever used the wallet to buy anything, I'd like to revoke all access to the wallet – can anyone explain in laymans terms of exactly how to do this? Thanks submitted by /u/R0Y-BATTY [link] [comments]

Barbie-verse: Mattel inks multi-year deal with Cryptoys NFT marketplace

Mattel plans to use its intellectual property featuring brands such as Barbie and Hot Wheels to create playable avatars sold as non-fungible tokens (NFTs) in an upcoming metaverse.

EverRise Releases EverRevoke, Platform for Revoking Token and NFT Approvals

PRESS RELEASE. EverRise, a leading web3 security and infrastructure platform, has released EverRevoke. The newest addition to the EverRise Ecosystem is a utility to review and revoke token and NFT approvals from a single place across multiple blockchains. EverRevoke supports five blockchains: Ethereum, BNB Chain, Polygon, Avalanche, and Fantom. Token approvals are an often overlooked […]