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” The crypto industry needs a crypto capital market structure “ The past few weeks have been interesting and have surfaced what we in the financial services industry call matters requiring attention, or MRAs. An MRA describes a practice that deviates from sound governance, internal controls and risk management principles. These matters that require attention…
” Ethereum average gas fee falls down to $1.57, the lowest since 2020 “ The Ethereum (ETH) ecosystem’s biggest roadblock to mainstream dominance is often attributed to the extremely high transaction fees or gas fees it requires to complete a transaction. However, with Ethereum’s average gas fees coming down to 0.0015 ETH, the narrative is…
” NFT hype evidently dead as daily sales in June 2022 dip to one-year lows “ Nonfungible tokens (NFT) took center stage in the year 2021 as artists, influencers, A-list celebrities and the sports industry finally came across a fan engagement tool that empowered the general public to cash in on their success. However, the…
” Experts explain how music NFTs will enhance the connection between creators and fans “ According to Mike Darlington, the CEO of Monstercat, an electronic music platform, and Jake Udell, the founder of social NFT platform Metalink, bear markets are a time to ideate and build new products. During this week’s episode of NFT Steez,…
” Price analysis 7/1: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, LEO, SHIB “ Bitcoin dropped 56.2% in the second quarter of 2022, according to crypto analytics platform Coinglass. That makes it Bitcoin’s worst quarter since the third quarter of 2011 when BTC price fell by 67%. A large part of the damage was…
” June gloom takes on a new meaning in another 2022 down month “ The market cap of Bitcoin (BTC) dropped another 33% in June, which is now beginning to numb the Twitter community. On the upside, many crypto traders who wanted out did so fairly aggressively from March to May. But, the less optimistic…
” Bear market? “So what,” says World Chess Champion Garry Kasparov “ Garry Kasparov, the Russian chess grandmaster and chair of the Human Rights Foundation, doesn’t appear at all bothered by the current crypto bear market. Kasparov, who is also a long-time Bitcoin supporter, told Cointelegraph during Consensus 2022 “so what” in regards to his…
” TON Foundation launches Ethereum Name Service-like domain names “ The Open Network (TON) Foundation is the latest cryptocurrency company to upgrade its ecosystem with Ethereum Name Service (ENS)-like domain names. The TON Foundation on Thursday announced the launch of TON DNS, a new service that allows users to assign human-readable names to crypto wallets,…
” Infamous North Korean hacker group identified as suspect for $100M Harmony attack “ The Lazarus Group, a well-known North Korean hacking syndicate, has been identified as the primary suspect in the recent attack that saw $100 million stolen from the Harmony protocol. According to a new report published today by blockchain analysis firm Elliptic,…
” Anchorage launches Ethereum staking for institutional investors “ Anchorage Digital, a San-Francisco-based digital platform that owns the first federally chartered crypto bank, will open an option to stake the Ethereum (ETH) for institutions. This move comes in anticipation of the Ethereum network’s long-promised shift from proof-of-work (PoW) to proof-of-stake (PoS) protocol. Anchorage announced on…