There’s a lot of incorrect cryptocurrency advice floating around. There are five meme accounts for every even-keeled crypto trader, with some urging you to put all of your money into Bitcoin and others attempting to persuade their followers that some new altcoin is the crypto of the future. The reality is a bit more nuanced, […]
Tesla CEO Elon Musk announced three weeks ago that the electric car company would no longer accept bitcoin as a payment method, citing concerns about the cryptocurrency’s link to increased fossil fuel consumption. Bitcoin BTCUSD, 3.01 percent has lost nearly a third of its value since May 12, pulled down in part by criticism over […]
OnePlus Getting Into Crypto, a Chinese smartphone manufacturer may be considering entering the cryptocurrency market. The firm was recently discovered conducting a blockchain research poll aimed at gathering consumer input on cryptocurrencies. Users are being asked if they have utilized trading services such as BuyUcoin. The news was first reported by MySmartPrice, and the poll […]
Coinbase stated Tuesday that it has formally listed dogecoin on Coinbase Pro, a huge milestone that exposes the “joke” cryptocurrency to one of the world’s top bitcoin and crypto exchanges, after teasing it earlier this month. In a blog post, Coinbase stated that it will “immediately” begin accepting inbound dogecoin transfers to Coinbase Pro in […]
Defi protocols generated more than $370 million in revenue during May Decentralized finance (Defi) protocols built on Ethereum produced all-time high revenues in May, according to data compiled by The Block. Taking the top spot for the month was Uniswap, reaching $153.9 million (41.4%) of the $371.6 million total monthly Defi protocol revenue. Sushiswap had […]
The Eth2 deposit contract currently has over 5.2 million staked ether worth over $13 billion locked into the smart contract, according to statistics. On November 4, 2020, the contract became life, and three weeks later, it had reached the required level to start the Beacon Chain. It’s not cheap to become a validator these days, […]