Crypto.com Cuts Card Rewards to Customers’ Dismay
Crypto.com announced yesterday that it plans to phase out the staking rewards and slash the cashback rates on its Visa cards on June 1. The move has sent the community...
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Dorsey, Saylor Defend Bitcoin Mining in Letter to EPA
A cohort of Bitcoin industry executives has refuted claims made by House Democrats calling on the Environmental Protection Agency to investigate the environmental effects of crypto mining. Bitcoin Industry Challenges...
Yuga Labs Botches NFT Drop With Bad Code, Blames Ethereum
Bored Ape Yacht Club creator Yuga Labs has faced backlash after its highly-anticipated Otherdeeds drop. Huge demand for the NFTs resulted in exorbitant gas fees leaving many hopeful minters out...
Ukrainian Soccer Club Shakhtar to Raise Humanitarian Funds Through NFT Sale
Shakhtar Donetsk, a leading soccer team in Ukraine, will sell a collection of non-fungible tokens (NFTs). The club intends to auction several signed jerseys to raise funds for Ukrainian citizens…
After Solana’s Co-Founder Said BTC Should Change Its Consensus Algo, Solana Mainnet Loses Consensus for 7 Hours
While Ethereum users participating in the Otherside metaverse land sale caused network fees to rise and created issues for the blockchain explorer Etherscan, it overshadowed Solana’s blockchain network outage. It…
The Largest NFT Mint in History — Bored Ape’s Otherside Virtual Land Sale Raises $320 Million
On Saturday, the creators of Bored Ape Yacht Club (BAYC), Yuga Labs, revealed the Otherside metaverse virtual land sale which turned out to be one of the largest non-fungible token…
Solana Co-Founder Believes Bitcoin Needs to Change to Proof-of-Stake Consensus to Remain Relevant
Anatoly Yakovenko, one of the co-founders of Solana, the proof-of-stake based, smart contracts enabled blockchain, issued a series of statements criticizing bitcoin’s consensus algorithm. In an interview on CNBC, Yakovenko…
Yuga Labs’ Otherside NFT Sales Break $310M
A new Metaverse by Bored Ape Yacht Club creator Yuga Labs has taken the virtual world by storm, bringing in more than $310 million in its hotly-anticipated NFT drop this...
Ice Cube’s Big3 Professional Basketball League Sells Team to a DAO for 25 NFTs
Decentralized autonomous organizations (DAOs) have been acquiring high ticket items over the last 12 months and on April 28, the Degods DAO revealed it acquired a Big3 professional basketball team…
$80M Lost in Attack on Rari Capital
The Fei team is offering a $10 million bounty for the safe return of the funds. Rari Hacker Steals $80M The DeFi space has been hit by another major exploit....
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