Coinbase CEO says funds are safe amid bankruptcy protection fears

Following the Coinbase report where the company declared its losses, a disclosure that suggests that users are not protected in the case of bankruptcy has been gaining traction on social media. However, Coinbase CEO Brian Armstrong explained that funds are safe “as they’ve always been.”  In the company’s first-quarter report for 2022, Coinbase reported its first loss amounting to $430 […]

Read more

Why the Verifiable Random Function (VRF) is Important in DeFi and NFT Development

The DeFi and NFT ecosystems are facing a significant challenge when it comes to integrating randomness in smart contract decisions. As it stands, most of the existing blockchain infrastructures are limited to deterministic inputs and outputs, making it easy for malicious players to manipulate on-chain decisions. To address this issue, some crypto innovators are turning to solutions such as the […]

Read more

Price analysis 5/11: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB

The crisis with Terra’s stablecoin TerraUSD (UST) and the freefall in Terra’s LUNA token has dented crypto sentiment further. Although Terraform Labs CEO Do Kwon announced a relief plan, the community does not seem too hopeful about the revival. Another hindrance to a quick improvement in sentiment is that the United States Consumer Price Index soared 8.3% from a year […]

Read more

FTX US applies for trust charter in New York

Crypto exchange FTX US has applied for a trust charter with the New York Department of Financial Services, or NYDFS, to operate in the state.  In a Wednesday announcement, FTX US said it had applied to form a limited purpose trust company with New York’s financial services regulator in an effort to offer its products and services to local users. […]

Read more

The Eggs World: The P2E Industry's First 3D Racing Metaverse

THE EGGS WORLD is the universe’s first multiplayer cart racing metaverse and 3D turn-based game, set in an immersive world where players collect skins and carts to customize their characters and compete against other players in a highly competitive race game! Unlike many other cart racing games, this one has an open-world hub that connects all of the courses. The […]

Read more

What does UST’s De-Pegging Mean for the Wider Market?

Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock The impact of this event on the wider market is very significant. Soon we will find out which DeFi projects had their treasuries in anchor or UST, hence resulting in prominent protocols going under. There is extreme fear across the crypto market, as Bitcoin has bounced off $30k – a key, psychological […]

Read more
1 519 520 521 522 523 1,179