Hodlers of the last resort: El Salvador, MicroStrategy, and Tesla are still holding Bitcoin
June 14, 2022
Let’s face it: The last couple of days have been a disaster and most investors who bought in 2021 are down badly. Bitcoin is seeing price levels that are getting closer to the all-time high in 2017. Some believe that this is the start of a bigger sell-off while other are cheering over the opportunity to buy more Bitcoin. No matter where you position yourself, you are not alone suffering from this bear market. Who is sitting alongside in the same boat as you and how badly are they doing? Let’s take a look at the historic losses of the hodlers of last resort and at the reason why they are still invested.
Happy end: Attacker returns OP tokens worth $17 million
June 13, 2022
Optimism is one of the most promising solutions to the pending problem of Ethereum scalability. Its protocol allows so-called optimistic roll-ups that scale on a second layer by bundling transactions and passing on mere receipts rather than waiting for confirmations on the blockchain. Given the growth of the Ethereum DeFi ecosystem Optimism is just what is needed to finally scale and lay out the foundation for mass adoption. Optimism had to face a lot of struggles in the past weeks and part of it has been resolved. Why did the team lose 20 million OP tokens and how were they returned?
Problems for crypto lending platform Celsius
June 13, 2022
It has been rumored for a while, and now the problems of lending platform Celsius have become manifest. On the morning of June 13, it announced that users can no longer withdraw their crypto. After UST's crash in May, it's another shock to the crypto market.
Tether (USDT) launches on the Tezos blockchain
June 13, 2022
Tezos has been flying under the radar for quite some time. Despite the fact that the media became silent about this particular blockchain technology, there is a lot of development going on that is pointing toward a bright future for Tezos and its native cryptocurrency XTZ. NFT marketplaces and a whole DeFi ecosystem have emerged throughout the year 2021. Let’s recap all the positive development that has happened and take a look at why USDT is an important addition to the Tezos ecosystem.
US miners have started selling their BTC
June 11, 2022
In 2021 and the first few months of 2022, it was a trend among miners in the U.S. to hold on to their Bitcoin, hoping for price appreciation. That has tilted since early spring 2022: Bitcoin miners have become net sellers. What's the reason?
PayPal is opening its wallets - What does that mean for mass adoption?
June 9, 2022
Ever since PayPal announced in 2020 to open up to cryptocurrencies it became clear that the whole market would change. Only recently the e-commerce and payment giant made another announcement that is once again of high importance, only this time a lot fewer heads got turned. One reason for the market not reacting was that we are in full bear mode since the beginning of this year and investors have lowered their expectations. In this case, we deal with fundamental news that may have a huge impact on how the crypto space is going to develop in the future.
New bill seeks to regulate crypto in the United States
June 7, 2022
A new, far-reaching bill on the regulation of crypto in the United States has been announced. The legislation is going to give clarity to both regulators and crypto companies. This is needed to break all kinds of deadlocks, for example that of the long-awaited Bitcoin ETF.
The top 5 GameFi tokens – What to expect from blockchain-based games?
June 6, 2022
With blockchain technology, things could change in the next few years since this introduces the option to make in-game content a virtual asset that can be actually owned by the gamer and be transferred or traded. In-game currencies can be tokenized and will add dollar value to the achievements of gamers. What are the top 5 blockchain games and what do they have to offer?