The community had originally voted in favor of compensation, but the final tally showed a different outcome. After multiple rounds of voting and heated discussion, the final vote to compensate losses for Maker (MKR) users that were liquidated “unfairly” during the March crash failed. About 52,500 MKR voted against any compensation, which accounted for 65% […]
Continue Reading
Art historian-turned-blockchain artist Robert Alice believes that the Bitcoin codebase is a culturally and politically significant piece of 21 century history. Christie’s is set to sell its first nonfungible token in an upcoming auction of what has been characterized as “the largest artwork” in the history of Bitcoin (BTC). Art historian turned blockchain artist Robert […]
Continue Reading
After inking deals to bring third-party games and stablecoins onto the Flow blockchain, Dapper Labs has announced two related sales for the FLOW token. Dapper Labs is continuing to expand partnerships with third-parties for its Flow blockchain, with Animoca Labs set to launch two crypto-powered games on Flow. On September 22, blockchain gaming firm Animoca […]
Continue Reading
Check out this week’s Bad Crypto podcast. It’s been a tough week for Bitcoin. The price has fallen more than 8 percent and dipped below $10,000 on three consecutive days. Analyst Willy Woo, though, thinks it’s all looking good. He believes that on-chain indicators, such as the NVT ratio, suggest a bullish outlook, while Su […]
Continue Reading
And how much did Satoshi Nakamoto contribute to the ‘Zombie’ fund? Blockchain Center has compiled data for some of the biggest Bitcoin (BTC) hodlers — from the Winklevoss twins to various scammers and hackers, and even “zombie coins”. Allegedly, the twins own 150,000 BTC, which places them between the Bitfinex hackers, who own 120,000 BTC, and […]
Continue Reading
The way law enforcement agencies deal with seized crypto could indicate their de-facto acceptance of the asset class. It is customary for government officials around the world to profess their disdain for crypto on the grounds that it is widely used to facilitate crime and finance terrorism. Although (government-backed) cash still remains criminals’ preferred financial […]
Continue Reading
FIlecoin has been testing EIP 1559 which aims to tackle high network fees on Ethereum. A long anticipated Ethereum Improvement Proposal (EIP) which aims to tackle high network fees is currently being tested on the Filecoin network. A proposal to change Ethereum’s fee structure has been in the pipeline since first being suggested in April […]
Continue Reading
Jack Daniels says it successfully fended off the attack, but the REvil ransomware gang has put stolen data up for auction on the darknet. Ransomware gang REvil, known also as Sodinokibi, claims to have mounted a successful attack against the U.S. wine and spirits giant, Brown-Forman Corp — but the company claims otherwise. The company […]
Continue Reading
Celebrity Ashton Kutcher has digitized and incarcerated a drawing that will be auctioned on NFT marketplace Cryptograph to support ecological charities. An ‘artwork’ doodled by famed That 70s Show star Ashton Kutcher has been digitized and will be auctioned on the new non-fungible token (NFT) and digital art marketplace Cryptograph. The auction will raise funds […]
Continue Reading
Paris’ pet is forever immortalized as an NFT. Media personality and businesswoman Paris Hilton announced that she successfully auctioned a digital painting of her cat, Munchkin, for 40 ETH — worth almost $17,000. The sale was held through an Ethereum-based auction platform called Cryptograph. According to a tweet published by Hilton, money raised from the […]
Continue Reading