Ethereum Name Service (ENS) clocked in over 2.2 million domain names in 2022 despite the devastating turmoil in the crypto market. This also represented nearly 80% of all of the domains created since its inception. Data from Dune Analytics revealed that the Ethereum-based distributed domain name service registered more than 2.82 million names as of January 2nd. ENS domain name purchases are made with Ether tokens. With the fall in the price of the crypto-asset significantly...
Read More »Binance Offers Proof of Bitcoin Reserves to Calm Traders’ Fears
Binance, the world’s largest and most popular digital currency exchange, has announced a new program that will give all current and future crypto investors proof of its present bitcoin and Ethereum reserves. Binance Tries to Show It’s Not Like FTX The goal is to shed light on the issue of transparency and show the company is nothing like FTX, the now failed digital currency exchange that came to fruition only three years ago in 2019. Binance was initially in line to...
Read More »ETH Price Analysis: Ethereum Bulls Gathering Confidence at the Start of 2023, What’s Next?
Ethereum’s price has been oscillating in a very tight range over the past couple of weeks as the markets were heading into the new year’s holidays. However, a decisive move may be on the horizon, as the cryptocurrency now resides in a critical area. Technical Analysis By: Edris The Daily Chart: On the daily chart, the price has been testing a significant resistance level recently, where the $1250 zone and the 50-day moving average have a confluence. While the market is yet to...
Read More »Bitcoin (BTC) Popularity Dominance Was Unshaken in 2022 but Ethereum (ETH) Outperformed in Total Transactions
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Read More »Deviants the Most Diverse and Upcoming NFT collection of 2023 Offers Discounted NFT Prices and Guaranteed Airdrop Rewards
Users in the mint pass allowlist can purchase for only 0.06 ETH instead of 0.08 ETH Public Mint Pass price and will receive guaranteed $RVV token airdrop rewards. A maximum of 8,000 Deviants Mint Pass NFTs will be sold starting from Jan 3, 2023 1pm UTC. Are you ready for the biggest NFT collection of 2023? Well, the Deviants from the Astra Nova MetaRPG game are dropping their Deviants Mint Pass NFTs in January. Delve into the immersive, adventurous gameplay backed up...
Read More »Here’s How Crypto Traders are Converting Worthless NFTs into Tax Breaks
Crypto traders are converting worthless NFTs into tax breaks. They’re using a service started just for that purpose. Others are taking advantage of IRS tax loopholes for tax breaks on their losses from BTC, ETH, and others this year. That’s how bad the crypto winter is getting as the frost sets into planet earth’s northern hemisphere. But in a sign of persistence and entrepreneurial spirit, crypto markets are reacting. NFT buyers are now helping people with their underwater...
Read More »The Top 10 Biggest Crypto Fundraisers of 2022
The crypto sector experienced significant challenges in the first half of 2022, with the prices of major assets like bitcoin (BTC) and ether (ETH) experiencing a 50%+ drop in value. The situation was further exacerbated by the collapse of the Terra ecosystem in the second quarter, which had a ripple effect on the industry. As a result, major industry players such as Three Arrows Capital, Celsius Network, and Voyager Digital filed for bankruptcy later in the year. The bear...
Read More »Coinbase Customers Refuse to Share Account Info in Lawsuit
Coinbase customers, who had previously sued the crypto exchange over unauthorized crypto transfers, have continued to hold back their account information in a bid to block efforts to move their case to arbitration. A renewed emergency motion filed in federal court revealed that the plaintiffs agreed to provide the necessary information encompassing emails, usernames, and Ethereum addresses, in exchange for a protective order. According to the filing with the US District Court...
Read More »2022 in Review: Top 15 Stories of the Year
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Read More »Did SBF Just Cash Out $684K?
Sam Bankman-Fried (SBF), the disgraced founder and former CEO of bankrupt cryptocurrency exchange FTX, has reportedly cashed out $684,000 worth of crypto assets despite court restrictions on spendings above $1,000. On-chain DeFi analyst BowTiedIguana took to Twitter to unravel the location where SBF transferred the funds. Following the Money Trail After Bankman-Fried’s $250 million bail last week, the FTX boss sent all the ether (ETH) in his public wallet to a new wallet...
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