Category Archive: Cryptocurrency, No picture
FTX, BitMEX Commit to Becoming Carbon Neutral
Key Takeaways FTX announced its plans to go carbon neutral last night, starting with a $1 million donation to carbon offsetting organizations. BitMEX made a similar pledge to offset its emissions a few hours after FTX posted the update. The crypto space has faced scrutiny from concerned environmentalists once again this week after Elon Musk […]
Ethereum Miners Earn Record $110M Amid ETH Crash
Key Takeaways Ethereum miners earned $110 million during Wednesday’s crash, the largest daily revenue in the network’s history. Average transaction fees spiked to $300 for an ETH transfer. Liquidation on Ethereum’s DeFi platforms totaled $320 million on May 19. This news was brought to you by ANKR, our preferred DeFi Partner. Ethereum gas fees spiked […]
Ethereum Miners Earn Record $119M from ETH Crash
Key Takeaways Ethereum miners earned $110 million during Wednesday’s crash, the largest daily revenue in the network’s history. Average transaction fees spiked to $300 for an ETH transfer. Liquidation on Ethereum’s DeFi platforms totaled $320 million on May 19. This news was brought to you by ANKR, our preferred DeFi Partner. Ethereum gas fees spiked […]
Fitness Guru Jillian Michaels Backs Cardano, Dogecoin
Key Takeaways Celebrity fitness trainer Jillian Michaels disclosed her cryptocurrency investment on Twitter today. Michaels says that she holds $500,000 of Cardano (ADA) and $10,000 worth of Dogecoin (DOGE). Celebrity endorsements of cryptocurrency are on the rise. This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. Celebrity fitness trainer and TV […]
Solana Surges on News of Coinbase Pro Listing
Solana will soon be listed on Coinbase Pro. The blockchain’s native token SOL jumped over 10% within minutes of the announcement. Solana Wins Key Listing Solana is going live on Coinbase Pro, it was announced Thursday. The leading crypto exchange has enabled SOL deposits starting today. There’ll be five trading pairs: USD, EUR, USDT, BTC, […]
Judge Allows SEC to Seek Info on Ripple’s Overseas XRP Transactions
Key Takeaways Judge Sarah Netburn has rejected Ripple’s motion to dismiss the SEC’s requests with foreign regulators over XRP transactions. Previously, the SEC had made requests to various foreign regulators to acquire information about Ripple’s overseas XRP transactions. The judge further ruled that the SEC must provide Ripple with copies of the requests it previously […]
Treasury Calls for $10K Bitcoin Transfers to be Disclosed to IRS
The U.S. Treasury is taking a tough stance on cryptocurrencies, citing tax evasion risks. U.S. Treasury’s Crypto Clampdown The U.S. Treasury Department is taking aim at cryptocurrencies. In a report on tax-enforcement proposals posted Thursday, the government body said that it will require cryptocurrency transactions worth $10,000 or more to be reported to the Inland […]
Problems Abide on BSC as Bunny Finance Suffers Attack
Key Takeaways An attacker has targeted Bunny Finance using a flash loan to manipulate the price of BUNNY. After they sold the tokens, the price crashed 96%. The team says it is working on a reimbursement plan for holders affected. Incidents on Binance Smart Chain have multiplied in recent weeks, while users have expressed concern […]
Bitcoin Holders Show Signs of Optimism Despite 30% Dip
Key Takeaways Bitcoin dropped to lows of $30,000 on Coinbase, dipping as low as $28,500 on some derivatives exchanges like BitMEX. Many lowe-cap coins crashed around 50% from daily opening due to large-scale liquidations. On-chain analysis suggests that long-term investors are bullish despite the crash. Bitcoin’s 30% plunge yesterday echoed with the beginning of the […]
Red Bull Racing Team to Use Tezos for First NFT Drop
The Formula One team has selected Tezos for its first NFT release. Red Bull Racing Team Eyes Tezos Red Bull’s Formula One racing team is partnering with Tezos, it was announced Thursday. Red Bull Racing Honda is joining with the smart contract platform to release a series of NFTs for fans. The Tezos blockchain specifically […]
