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Crypto News
EIP-3651 to cut gas fees for key network participants
Ethereum’s Shanghai upgrade, the next major upgrade post Merge, is slated for the second half of 2023. The upgrade would be a key milestone as it would allow holders who have staked their Ether (ETH) for years to withdraw them…
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Lebanese Embrace Bitcoin and Tether Amid Total Economic…
The hyperinflation, the collapse of the local banking system, and the significant depreciation of the currency prompted numerous Lebanese residents to embrace cryptocurrencies, including stablecoins.
Some locals have also…
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DeFi faces criticism for denying user access based on wallet content
While decentralized finance (DeFi) is expected to be an upgrade to traditional finance mechanisms, some believe that denying users access to decentralized exchanges based on their wallets is a backward move. In a tweet, entrepreneur Brad…
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Art Gobblers, Reddit NFTs and Other Winners of October’s NFT Market
The NFT market is known for its volatility, and this bear market has been no different. But October showed some reprieve — a select few NFT projects bucked the trend, at least in the short term.
It was a month that saw…
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As Economies struggle, Can Bitcoin Triumph in a Global Recession?
The US is struggling to admit that the economy is in recession. That’s despite a recent warning by the World Bank that the US, China, Eurozone, and other major economies are sharply slowing into recession with disastrous long-term effects…
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Bitcoin bulls fail to hold $21K, but pro traders refuse…
147 days have passed since Bitcoin (BTC) closed above $25,000, and the result is that investors are less sure that the $20,000 support will hold. Backing these concerns are persistent global financial and macroeconomic tensions, which…
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90% of GameFi projects are ruining the industry’s reputation
The GameFi industry is set to unleash its massive potential within the next six years. According to Absolute Reports data, its estimated value will grow to $2.8 billion by 2028, with a compound annual growth rate of 20.4% in the same…
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GALA token exploit ‘not a white hat act:’ Huobi Global
Disclaimer: This article has been updated with pNetwork’s official response to Huobi.Days after GameFi project Gala Games and decentralized finance (DeFi) protocol pNetwork assured its community that everything was fine, crypto exchange…
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Immutable Co-founder on Protecting NFT Creator Royalties
Digital collectibles startup Immutable is doubling down on its layer-2 blockchain scaling solution for NFTs in a bid to better enforce royalty payouts, the company said Friday.
It plans to expand how the unit,…
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Hacktober Finished With $657 Million Losses From Crypto Exploits
Last month was quite spooky for the crypto industry as it saw the highest number of DeFi hacks this year.
While October was expected to be “Uptober,” it quickly turned to “Hacktober” as cyber criminals ransacked top crypto…
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