Ethereum bull Anthony Sassano and Gnosis co-founder Martin Köppelmann were among those explaining later that the Wrapped Ethereum (wETH) FUD was part of an inside joke. An inside joke about the “insolvency” of Wrapped Ethereum (wETH) over the weekend has forced influencers to explain it was just a “shitpost” after members of the community took...Continue Reading

Ripple’s APAC policy director said the collapse of FTX is exactly why crypto needs to move away from “hype cycles” and towards “real utility.” Ripple’s APAC Policy Director has described the fall of FTX as “incredibly damaging” for the crypto space, but says the industry should stand the test of time if its focus shifts...Continue Reading

The EU moved in the right direction by passing a law requiring influencers to disclose the risks associated with crypto. More countries should follow their lead. However, the crypto space is notoriously fickle, and the collapse of once-established companies such as Celsius and FTX are stark examples of how people can lose billions of dollars...Continue Reading

Independent developers from The Open Network community developed a Telegram bot for trading and transferring cryptocurrency. As a result of a recent upgrade to the wallet bot, users of the Telegram app are now able to purchase and sell cryptocurrencies without leaving the application. The wallet bot was developed by The Open Network (TON, formerly...Continue Reading

The collapse of FTX and other centralized platforms in 2022 has pushed investors toward noncustodial platforms. The collapse of the now-bankrupt cryptocurrency exchange FTX has raised many concerns over unregulated centralized platforms.  Investors are now coming to question how safe it is to keep one’s funds on these exchanges and have voiced grave concerns about...Continue Reading

Users who have the most ability to profit from the crass profiteering mechanisms are those who use automated systems to “play” the games. Think back to the communities you’ve been genuinely excited to be a part of throughout your life. It’s likely these were groups formed on the basis of shared interests, right? That’s because...Continue Reading

Twelve months after Bitcoin’s last all-time high, seven-figure BTC balances have taken a hit. Bitcoin (BTC) millionaires are becoming an increasingly rare breed as numbers fall 80% in a year. According to the latest data from on-chain analytics firm Glassnode, there are now just 23,000 wallets with a BTC balance worth $1 million or more....Continue Reading

DOGE, LTC, LINK, and APE are showing signs of buying even as Bitcoin’s next directional move remains uncertain. Bitcoin (BTC) has been trading in a tight range since Thanksgiving Nov. 24, as traders are uncertain about the next directional move. Usually, in a bear market, analysts tend to become uber-bearish and project targets that tend...Continue Reading

The Russian President criticized Western’s sanctions and urged for a system “independent of external interference”. Russian President Vladimir Putin criticized monopoly in global financial payment systems and called for an independent and blockchain-based settlement network on Nov 24, speaking at the International AI Journey Conference in Moscow.  During the event organized by Sberbank, the largest...Continue Reading

Forming the backbone of the Ethereum Blockchain, EVM provides developers with a run-time environment to build DApps and other applications. Ether (ETH), which is the second largest cryptocurrency in terms of market capitalization, is popular among cryptocurrency investors because of its native ETH token. However, its native Solidity programming language and Ethereum Virtual Machine (EVM)...Continue Reading