The Web 3.0 community is being defrauded by dishonest project development teams utilizing KYC actors. Over 500,000 individuals have reportedly bought or sold using phony KYC services, according to a survey by Certik. A KYC actor can cost as little…
FTX Completed the Blockfolio Deal Mainly in FTT Tokens: Report
The collapsed cryptocurrency exchange FTX reportedly paid 94% of the $84 million purchase of a majority stake in Blockfolio in FTT tokens. The coin played a leading role in the platform’s crash last month. CZ said Binance plans to dump its entire FTT stash (23 million tokens worth over $580 million at the time) amid […]
Ethereum Classic Hashrate Dumps Almost 50% In 3 Months, What About ETC?
Ethereum Classic saw its hashrate balloon when Ethereum finally moved to a proof of stake mechanism. The miners who were being kicked out of the network and could no longer use their machines had switched to others such as Ethereum Classic and Ravencoin to put their very specific machines to use. At the time, ETC’s […]
Who Will Pay Sam Bankman-Fried’s $250 Million Bond?
Nothing was paid up front for his release, but his parents could be left holding a very big bag if he violates court restrictions.
The most eco-friendly blockchain networks in 2022
This year saw the realignment of the crypto industry toward greener, more energy-efficient blockchains.
Crypto firm Bullish calls off $9bn SPAC deal
Crypto exchange Bullish, which aimed to go public on NYSE, has declined the $9bn merger citing the market conditions and the SEC’s new rules on crypto. The crypto winter has affected business relationships across the globe. Far Peak Acquisition Corporation…
Rating agencies, not regulators, can rebuild trust in crypto after FTX
Private rating agencies could work better and more quickly than regulators when it comes to reviewing businesses in the cryptocurrency industry.
Terra Classic Price Prediction for Today, December 22: LUNC/USD Gains 8.33%; Price Targets $0.000200 Level
The Terra Classic price prediction manages to maintain its position, while the bulls maintain the desire to defend the support at $0.000128. Terra Classic (LUNC) […]
Binance addresses all recent FUD in a blog post
Binance, the world’s largest exchange for crypto assets, has reacted to all the recent FUD in a single post in its blog in Chinese. Did Binance destroy FTX? The failed deal between FTX and Binance has triggered many rumors and…
BNB Chain unique wallets surpass Ethereum, becomes largest L1 blockchain
The post BNB Chain unique wallets surpass Ethereum, becomes largest L1 blockchain appeared on BitcoinEthereumNews.com. Unique addresses on the BNB Chain crossed 230 million, surpassing Ethereum and becoming the “largest layer 1 blockchain in the world,” according to a company statement. Meanwhile, the network also…