The hacker’s initial post, which was published in the announcements channel, claimed that OpenSea had “partnered with YouTube to bring their community into the NFT Space.” Nonfungible token (NFT) marketplace OpenSea suffered a server breach on its main Discord channel, with hackers posting fake “Youtube partnership” announcements. A screenshot shared Friday shows fake collaboration news, accompanied...Continue Reading

Bitcoin has long been known as a “store of value,” but is the world’s largest cryptocurrency transitioning to becoming a risk-off asset in 2022? Thursday was a bloodbath for traditional and cryptocurrency markets. On the worst day of trading since 2020, Bitcoin (BTC) dropped over 7%, while the Nasdaq slipped over 5%.  Many hoped for capitulation...Continue Reading

Last month, the watchdog gave the thumbs-up to Teucrium’s Bitcoin futures ETF, which is the first such vehicle to be approved under the ’33 Act. The United States Securities and Exchange Commission (SEC) has given the green light to Valkyrie’s futures exchange-traded fund (ETF) application. This represents another ETF that has been approved by the...Continue Reading

Does Bitcoin have further to fall? BTC calms after stocks see a situation which has happened only twice this century. Bitcoin (BTC) dipping below $36,000 “smells like capitulation,” one trader says as suspicion mounts over U.S. stock markets. In a tweet on May 6, Cointelegraph contributor Michaël van de Poppe suggested that the BTC price...Continue Reading

Despite sporadic market conditions NFT collectors are on track to spend more on NFTs in the first half of this year than in all of 2021. Collectors of non-fungible tokens (NFTs) have already sent more than $37 billion in value to NFT marketplaces this year (as of May 1), a figure that nearly exceeds the...Continue Reading

The bill is a response from the Alabama Senator to Senator Warren and the Department of Labor’s bid to block Bitcoin investments in self-directed 401(k) investment plans. Republican Senator Tommy Tuberville from Alabama has unveiled a new bill he calls the Financial Freedom Act to allow Americans to add cryptocurrency to their 401(k) retirement savings...Continue Reading

Only four days have passed since two of Argentina’s biggest banks opened up to crypto trading but now the central bank has stepped in to block the offerings. The central bank of Argentina (BCRA) has put the kibosh on financial institutions offering crypto trading only days after two of the country’s largest banks signaled they...Continue Reading

Ice Cube said he is down with the “DogeArmy” after Bill Lee bought $625,000 worth of NFTs tied to the rappers’ BIG3 basketball league in DOGE. Iconic rapper Ice Cube — also known as O’Shea Jackson Sr — has jumped on the Dogecoin bandwagon with his endorsement of an “incredible and historical” DOGE transaction. Cube’s...Continue Reading

Cross-chain bridging protocol, Hop has launched Hop DAO, its community-owned governance structure that will see early users airdropped 8% of all HOP tokens. Hop Protocol, a cross-chain bridge designed to facilitate the quick transfer of tokens between different Ethereum Layer-2 scaling solutions, has unveiled a new governance model alongside an airdrop that will see early...Continue Reading

Bluesky outlined that it is “not possible to have a usable social network without moderation,” and intends to build a moderation model for the network dubbed “speech and reach.” Twitter’s decentralized social media project Bluesky has released its first batch of code, and also committed to content moderation on the network. Former Twitter CEO Jack...Continue Reading