Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Candidate supported by Bankman-Fried-linked PAC loses Oregon primary

Record spending in a Democratic House primary could not give a political newcomer the boost he needed to overcome a local politician with a long career.

Billionaire Investor and Galaxy Digital CEO Mike Novogratz Addresses the Terra LUNA and UST Fallout

On May 18, the billionaire investor and crypto proponent Mike Novogratz published a post about the recent Terra blockchain fallout. Novogratz and his firm Galaxy Digital were big believers in the Terra project, and the investor even got a LUNA-centric tattoo on his arm. Despite the recent events and losses, the crypto economy felt this […]

Socios fan tokens rally 40%+ after Chiliz rolls out mainnet upgrade and token burn plan

A new exchange listing, mainnet launch and competitive token burn mechanism led to a sharp rally in Socios fan tokens.

GameFi: Online gaming payouts rival “real” jobs in developing nations

submitted by /u/horner [link] [comments]

What’s the missing ingredient for more L2 adoption? Many Dapps are still only present on L1

L2 adoption is increasing at a good pace, but it still has mountains to climb. Many of the major centralized exchanges still only support L1 transfers, forcing users to pay expensive bridge fees to on/off ramp, or just not participate in rollups at all. Beyond that, Optimistic L2 fees are still magnitudes higher than competing…
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Was Terra’s UST cataclysm the canary in the algorithmic stablecoin coal mine?

After an earthquake there are always aftershocks. The collapse of UST could be a sign that other stablecoins are also critically flawed.

Why do you think crypto haters want to see crypto holders lose so badly?

With the recent dip especially, I have seen a ton of people frothing at the concept of crypto holders “losing” money (they mostly seem to not understand you don’t lose money until you sell). Its one thing to not believe crypto will be successful – fine – but the revelling is another thing. Why do…
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