There had reportedly been a few deals for crypto commercials in this year’s Super Bowl that fell apart following the collapse of FTX, but at least one project is giving away NFTs. Fans watching the Kansas City Chiefs face off against the Philadelphia Eagles in Super Bowl LVII on Feb. 12 will reportedly not see...Continue Reading

The mining firm reported two of the buildings at its Whinstone facility in Rockdale were damaged in December as Texas experienced days of sub-zero temperatures. Crypto mining firm Riot Platforms — formerly Riot Blockchain — reported that 17,040 rigs deployed at its operations in Texas were offline due to “severe winter weather” in the state....Continue Reading

The dYdX Foundation made an abrupt change to its project’s tokenomics, but it may have done so in consultation with its attorneys. On Jan. 24, the dYdX Foundation, the entity responsible for the dYdX decentralized crypto exchange, announced “changes” to its tokenomics — the way it distributes tokens to early investors, employees and contractors, and,...Continue Reading

The initial “Dfura” marketplace, which is currently in development, is expected to include up to 10 Web3 data providers. Infura is developing a decentralized marketplace of data providers that will help to prevent Web3 app crashes in the future, according to a Feb. 6 Cointelegraph interview with Infura researcher Patrick McCorry. McCorry stated that the...Continue Reading

Currently, staking is available for DOT, XTZ, ADA, and ETH crypto assets, with yields reportedly ranging from 2.99% to 11.65%%. United Kingdom-based neo-banking platform Revolut, which boasts 25 million customers globally, has introduced crypto staking to its U.K. and European Economic Area (EEA) customers.  According to a report by London-based news agency altfi, the staking...Continue Reading

The announcement came without warning two days in advance, but it does not apply to Binance.US users, so only 0.01% of active users will be affected. Binance has announced that it is temporarily suspending bank transfers in United States dollars (USD) beginning Feb. 8. No other trading methods will be affected, the exchange said in...Continue Reading

While the British Treasury emphasizes the liberal approach, Australia goes with the profound taxonomy of all the crypto assets. The U.K. outline of the future financial services regulatory regime for crypto covers a broad range of topics, from the troubles of algorithmic stablecoins to nonfungible tokens and initial coin offerings. And it’s certainly good news...Continue Reading

Italian central banker Ignazio Visco talked about fostering or discouraging crypto assets during a lengthy speech to the Italian financial markets association. The Bank of Italy is looking for new ways to apply distributed ledger technology (DLT) and is preparing for the advent of Markets in Crypto-Assets (MiCA) regulation, bank governor Ignazio Visco told a...Continue Reading

The US dollar’s rise has put brakes on Bitcoin’s price recovery, but lower levels are likely to attract buyers for BTC and altcoins such as DOGE. The United States dollar index (DXY) has started a strong recovery and its rise is putting pressure on Bitcoin (BTC) and the S&P 500 (SPX) index. The market participants...Continue Reading

John Ray said when he took control of FTX in November 2022, there was a “massive scramble for information” related to the exchange’s funds, insurance, and personnel. John Ray, who took over as chief executive officer of crypto exchange FTX, has described some of the chaotic experiences at the firm following the company declaring bankruptcy....Continue Reading