Arbitrum’s DAO to receive over 3,350 ETH in revenue from transaction fees
Proceeds come from base fees and surplus revenue generated from network transactions. The incentive follows a recent clash between Arbitrum’s...
Month: May 2023
PEPE vs. DOGE: How the memecoins performed their first time hitting a $1B market cap
In a recent Cointelegraph Twitter poll, DOGE was voted as the memecoin that will have had the largest market capitalization...
Kenya partners with Abu Dhabi’s Venom Foundation to build blockchain, Web3 hub
The blockchain and Web3 hub will serve as a center for knowledge exchange and collaboration between technology firms and government...
S&P Global attempts to assess crypto assets’ susceptibility to macroeconomics
The ratings agency looked at five areas of interconnectedness between the crypto ecosystem and traditional finance; its lack of firm...
Bitcoin Price Prediction for Today, May 10: BTC/USD Fails to Hold Above $28,000 Level
The Bitcoin price prediction is currently consolidating and seems to be preparing for the next move toward the resistance level...
Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Years
Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local...
Bitget Introduces the BRC20 Zone and Lists Ordinals (ORDI)
PRESS RELEASE. May 10 2023 Victoria, Seychelles – Bitget, the top derivatives and copy trading platform, has announced the listing...
Paypal’s Latest Report: $1 Billion in Crypto Assets, Holdings Are Predominantly BTC and ETH
Payments behemoth Paypal has disclosed in a Form 10-Q financial report filed with the U.S. Securities and Exchange Commission (SEC)...
FTX Lawsuit Against Shaq Takes a Wild Turn: Court Documents Allegedly Thrown at NBA Star’s Car
In a recent court submission, legal representatives for basketball icon Shaquille O’Neal, commonly referred to as Shaq, claim he was...
DCG settlement with Genesis still undecided as 30-day mediation period proceeds
The settlement plan proposed in February would give Genesis creditors 80% recovery of funds but many raised demands, leading to...
OpenAI CEO to testify before Congress alongside ‘AI pause’ advocate and IBM exec
AI experts from IBM, NYU, and OpenAI will testify before the U.S. Senate on May 16 in a hearing entitled...
Tether has $1.5B in Bitcoin reserves: BDO Italia
The financial advisory and accounting firm also revealed that Tether held roughly $3.4 billion worth of precious metals. BDO Italia's...
IRS claiming $44B from FTX bankruptcy: Report
The single biggest claim involves unpaid partnership and income taxes of $20.4 billion assessed against Alameda Research. The United States...
Ethereum derivatives flirting with bearishness: Mind the $1,820 support
The failed rally above $2,000 on May 6 has proven that ETH bulls are nowhere near comfortable adding leveraged longs....
Fair Comparison: Crypto Casinos VS Traditional (Regular) Online Casinos
As a result, both online casinos and crypto casinos have become increasingly popular among players looking to win big. However,...
