The platform has already raised more than half of its target and still has another 21 days to go before the NFT funding campaign ends. So called “no-loss lottery” DeFi platform PoolTogether has raised 470.90 Ether (ETH) via NFT sales to fund its legal defense against a putative class action lawsuit. That means PoolTogether is...Continue Reading

The world’s richest man and the co-founder of Dogecoin are sparring over whether the latter actually has a Python script that could put a huge dent in Twitter bot activity. Billionaire Elon Musk and Dogecoin (DOGE) co-founder Jackson Palmer are locked in battle on social media over Palmer’s claim that he could remove Twitter bots...Continue Reading

Over 9,500 people around the world were surveyed for Block’s 2022 Bitcoin report which showed that more optimistic individuals possessed a greater self-reported knowledge level of the crypto. A survey from digital payment company Block Inc. has found that the higher respondents rated their own level of cryptocurrency knowledge, the more optimistic they are about...Continue Reading

“Wow, what a day. OP Drop #1 had a turbulent launch which we finally stabilized after more than five hours of non-stop work,” Optimism stated. Ethereum layer-2 scaling solution Optimism has been overwhelmed with “all-time high demand” following the launch of its highly anticipated airdrop on Wednesday. Users racing to collect their tokens were greeted with...Continue Reading

Executives from two of Australia’s “big four” banks have said they won’t allow their retail customers to trade crypto with ANZ adding its happy it didn’t “go head long” into a cryptocurrency offering. Executives at two of Australia’s “big four” banks have ruled out allowing retail customers to trade cryptocurrency on their platforms, with one...Continue Reading

The infamous collapse of Terra may have hastened the creation of a supervision and control entity for virtual assets, which is set to launch in early June. The Terra ecosystem’s rise and fall has had major consequences all around the world, but there’s no doubt that South Korea, the birthplace of its’ creator, was the...Continue Reading

BTC, ETH and altcoins spent most of May trading in the red. So what’s behind XCN’s near-month-long 100%+ rally? May was an incredibly challenging month for the cryptocurrency market as a majority of tokens booked heavy losses as a bear market was confirmed, but not every project dropped back to pre-bull market lows. Chain (XCN),...Continue Reading

The working paper traces the effects of operations with CBDC through several scenarios and concludes the Fed will have it under control. On Tuesday, the United States Federal Reserve released a study on the possible effects of a retail central bank digital currency (CBDC) on U.S. monetary policy implementation. The study, dated April, was a...Continue Reading

BCAT Africa 2022 aims to increase crypto awareness on the continent at a time when more Africans are turning to digital assets. With a 1,200% increase in received crypto volume between 2020 and 2021, the accelerated adoption of digital assets in Africa has captured the attention of multiple companies and organizations looking to take part...Continue Reading

“Crypto is just another technology, it’s a matter of how is it being used. It can be used for good or for bad. From where we sit, we see massive opportunities,” says the director of the UNICC. The United Nations is smitten with distributed ledger technology (DLT). In a conversation with Cointelegraph at WEF 2022,...Continue Reading