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May 30, 2023
NFT
Published by Victoria Kyle at May 30, 2023
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Popular NFT collections take massive price hit in 2023

Investments in top NFT projects such as Doodles, Invisible Friends, Moonbirds and Goblintown have lost up to 95% of their value in Ether.   Some of […]
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May 30, 2023
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Published by Victoria Kyle at May 30, 2023
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Deal to avoid US debt default nixes proposed 30% crypto mining tax, says Ohio lawmaker

According to Rep. Warren Davidson, legislation to address the U.S. debt ceiling blocks “proposed taxes,” including a 30% tax on electricity used by crypto miners.   […]
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May 30, 2023
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Published by Victoria Kyle at May 30, 2023
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Crypto exchange TrigonX latest to emerge from the FTX rubble

TrigonX is back from the dead after it went into receivership in December, due in part to its $13 million exposure to bankrupt crypto exchange FTX. […]
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May 30, 2023
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Published by Victoria Kyle at May 30, 2023
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Buying a bank won’t solve crypto’s debanking issue: Binance CEO

CZ highlighted examples such as regulatory complexity and capital requirements as reasons why he isn’t keen on Binance buying a bank.   Binance CEO Changpeng Zhao […]
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May 30, 2023
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Published by Victoria Kyle at May 30, 2023
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Bitcoin Ordinals surpass 10M inscriptions as creator Rodarmor steps down

The number of Ordinals has grown from one to 10 million in less than six months.   The number of Ordinals inscriptions on the Bitcoin BTC […]
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May 30, 2023
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Published by Victoria Kyle at May 30, 2023
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Bitcoin selling for $5K cheaper on Binance Australia as fiat ramp closes

One Bitcoin can be bought for the equivalent of $22,000 on Binance Australia if paid using Australian dollars. The problem is getting the funds there.   […]
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May 29, 2023
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Published by Victoria Kyle at May 29, 2023
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USDT market share jumps amid economic uncertainty, but USDC shrinks

Over the past year, Circle’s USD Coin has seen its market share decline from 34.88% to 23.05%, while Tether’s USDT has gained ground.   The US […]
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May 29, 2023
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Published by Victoria Kyle at May 29, 2023
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Top metaverse property investments suffer massive losses: Report

Popular metaverse properties, such as Otherdeeds, The Sandbox, Decentraland, Somnium and Voxels, have all depreciated in value over the past year.   Real estate prices in […]
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May 29, 2023
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Published by Victoria Kyle at May 29, 2023
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Temasek slashes compensation for execs responsible for its $275M FTX investment

While “no misconduct” was determined by Temasek’s internal review, staff involved with the FTX investment will see a dent in their pay package.   Singapore investment […]
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May 29, 2023
Reddit-Collectible-Avatars-NFT
Published by Victoria Kyle at May 29, 2023
Categories

Reddit collectible avatars onboard nearly 10M into the crypto, NFT space

The popular social platform is about to hit a big milestone in terms of collectible avatar holders after launching “Reddit NFTs” in July 2022.   The […]
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