BAYC Team Raises $285M With Otherside NFTs, Clogs Ethereum
The virtual land rush for the ape-centered metaverse project has already cost traders more than $176 million in fees alone.
Crypto Hackers Drain $80M From DeFi Projects; Massive Bounty Offered For Return
Crypto projects Rari Capital and Fei Protocol have said that they have incurred an $80 million hack. According to the Chinese crypto blogger Colin Wu, multiple pools related to these…
Safer Than Stocks, Bonds And Gold? 2 Companies Offering Bitcoin Retirement Plans For Employees
As cryptocurrency Bitcoin (CRYPTO: BTC) gains in price and interest from investors and people new to the sector, the coin is gaining more use cases from companies. While some companies…
Senators Propose New Crypto Bill Limiting Capital Gains Tax
Democrat Senator Kirsten Gillibrand (D, NY) and well-known pro-crypto Senator Cynthia Lummis (R, WY) have drafted a proposal exempting crypto capital gains of less than $600 from being taxed. A…
Go green or go home? What the NY State mining moratorium could mean for crypto industry
The “anti-technology” bill could accelerate mining operators’ switch to renewable energy, experts say.
Bored Ape Otherside Deed Land Sale Sells Out, Burns Over $100M In Ethereum: Why Are Many Upset?
One of the highest anticipated non-fungible token mints of all-time kicked off Saturday night and ended with a gas war, failed transactions and many upset at Yuga Labs. Here are…
Battle Borgz Public Sale on KICK.IO
Although analysts are still in the process of realizing the full potential that the technology behind ‘Non-fungible tokens’ offers, much is already clear. Beyond being used to certify the artwork’s…
NFTs, DAOs and the importance of roadmaps
A deep dive into the worlds of nonfungible tokens and decentralized autonomous organizations, and how they can benefit from each other.
ETH gas price surges as Yuga Labs cashes in $300M selling Otherside NFTs
While the Otherdeed NFTs could be minted only in APE, it also required ETH for gas fees.