Fed Prices Eggs in Bitcoin but Misses the Big Picture: Crypto Community Reacts
The St. Louis Federal Reserve published a blog post with the ratio of eggs to Bitcoin in a bid to criticize the volatility in the latter but ended up being…
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Terra Classic (LUNC) Number of Holders Increased by Over 500% in a Month
The Terra ecosystem went through a sheer catastrophe less than a month ago, but it appears that the number of unique addresses that hold assets in the new chain –…
Cronos Launches $100M Accelerator Program to Boost Ecosystem Growth
Cronos, the EVM-compatible layer-1 blockchain backed by industry giant CryptoCom, announced a 10-week accelerator program with $100 million in funding. According to a press release shared with CryptoPotato, Cronos launched the so-called…
On-Chain Volume on DEXs Surpasses its Centralized Counterparts: Chainalysis
Chainalysis’ latest report finds that decentralized exchanges (DEXs) have surpassed centralized exchanges (CEXs) in terms of on-chain transaction volume since January 2021. However, to maintain their lead in market share,…
Binance Reportedly Faces Probe From the US SEC Over BNB’s Sale
Cryptocurrency exchange giant Binance is reportedly under investigation by the U.S. Securities and Exchange Commission (SEC), which is probing the sale of the crypto company’s native coin BNB. According to…
Ethereum Remains Revenue King as Competing L1s Get Crushed
Crypto network fees and revenue are good indicators of the state of markets. In bull markets, demand is high, and fees and revenue increase, however, the opposite occurs when the…
Over $200 Million Liquidated as Bitcoin Gets Rejected at $32K
Bitcoin failed at $32,000 and brought all the altcoins with it south, resulting in another market-wide retracement. Thus, the liquidations and the number of liquidated traders skyrocketed. Yesterday was a…
71% of Salvadorans Did Not Benefit From the Bitcoin Law, Survey Says
A large part of Salvadorans said that the Bitcoin Law promoted by their president Nayib Bukele did not help them “at all” despite being approved less than a year ago.…
Inspired by MicroStrategy: CyberSec Firm Octagon Networks Converts its Balance Sheet Into Bitcoin
Octagon Networks – a cyber security company headquartered in Addis Ababa – converted its entire balance sheet and all its liquid assets into the primary cryptocurrency. In addition, it embraced…
Australian Mayor Proposes Paying Taxes in Cryptocurrency
Tom Tate, the Mayor of Gold Coast metropolitan, has suggested that Australians could pay their council rates, otherwise known as local property taxes, in cryptocurrency. “Why can’t we pay rates…
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