Cointelegraph.com News

Cointelegraph.com News


Hop Protocol reveals details of Hop DAO and Optimism-style airdrop

Posted: 05 May 2022 07:48 PM PDT

Cross-chain bridging protocol, Hop has launched Hop DAO, its community-owned governance structure that will see early users airdropped 8% of all HOP tokens.

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‘Decentralized Twitter’ Bluesky releases code, outlines content moderation

Posted: 05 May 2022 07:23 PM PDT

Bluesky outlined that it is "not possible to have a usable social network without moderation," and intends to build a moderation model for the network dubbed "speech and reach."

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Court orders BitMEX founders to pay $30M civil penalty

Posted: 05 May 2022 07:15 PM PDT

The three co-founders have been ordered to pay hefty fines for what the CFTC calls their involvement in serious violations of regulations and the Commodity Exchange Act.

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Tumbleweeds blow through Coinbase NFT on its first day: Just $75K in volume

Posted: 05 May 2022 06:53 PM PDT

After almost seven months and over 8.4 million emails on the waitlist Coinbase opened its NFT marketplace to the public but only recorded 150 transactions on the big day.

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GameFi News: Tilting Point partners with Polygon Studios, and LootRush raises $12M

Posted: 05 May 2022 03:07 PM PDT

Catch up on the latest funding and partnership news about GameFi and web3 gaming. This week Cointelegraph covers LootRush, Axie Infinity and Polygon Studios.

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Vector Finance (VTX) TVL hits a record high as the Curve Wars shift to Avalanche

Posted: 05 May 2022 02:30 PM PDT

The total value locked on Vector Finance hit a new high after the protocol integrated multiple stablecoins in the Avalanche ecosystem in order to become the network's largest liquidity hub.

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Bitcoin drops to $35.5K as 1,000 point Dow correction marks the worst trading day since 2020

Posted: 05 May 2022 01:36 PM PDT

BTC and ETH price imploded toward swing lows as the Dow tumbled by 1,000 points and the Nasdaq lost 5%, marking the worst trading day for stocks since 2020.

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El Salvador’s central bank accepts Qredo's registration to provide crypto services

Posted: 05 May 2022 01:30 PM PDT

Registered Bitcoin service providers in El Salvador include Chivo, the firm behind the state-issued crypto wallets and kiosks, Paxos Trust Company, Paxful and OpenNode.

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Descending channel pattern and weak futures data continue to constrain Ethereum price

Posted: 05 May 2022 11:42 AM PDT

ETH derivatives metrics and technical analysis point toward further downside for Ethereum price.

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CFTC commissioner appoints crypto-experienced CME Group director as chief counsel

Posted: 05 May 2022 11:30 AM PDT

During his time at the CME Group, Bruce Fekrat regulated crypto reference rates and helped in the development of financial products, including BTC and ETH derivatives.

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Bitcoin price hits 10-week lows as $40K spike becomes 'nasty bull trap'

Posted: 05 May 2022 10:39 AM PDT

A full reversal and then some for BTC means that bulls are coming to terms with months of ground given up.

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Here’s why blue-chip NFT prices continue to soar nearly a week after the Otherside mint

Posted: 05 May 2022 10:26 AM PDT

Most of the NFT market is in a downtrend, but data shows funds continuing to flow into blue-chip tier projects.

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SkyBridge Capital’s Anthony Scaramucci expects a pro-crypto presidential candidacy

Posted: 05 May 2022 10:22 AM PDT

Anthony Scaramucci predicts that the next presidential candidate will be pro-crypto and that a Bitcoin ETF will happen by the end of 2022, given recent developments on Capitol Hill.

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Luna Foundation Guard acquires additional 37,863 BTC as part of reserve strategy

Posted: 05 May 2022 09:11 AM PDT

The acquisition, totaling roughly $1.5 billion, will be used to further backstop Terra Luna's algorithmic stablecoin UST.

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Argo Blockchain facility in West Texas expects to start mining Bitcoin in May

Posted: 05 May 2022 08:36 AM PDT

The company expects a hash rate of 5.5 EH/s by the end of 2022, anticipating that access to an additional 600 MW of power capacity "in the coming years" will produce 20 EH/s.

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Bitcoin falls toward $38K as stocks abandon Fed ‘reactionary rally’

Posted: 05 May 2022 07:57 AM PDT

The S&P 500 and Nasdaq see substantial losses on the day as Fed-induced gains evaporate.

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Solana and Moonbirds help NFT market reach $6.3B monthly trading volume: Report

Posted: 05 May 2022 07:00 AM PDT

Moonbirds contributed half a billion in trading volume in April, while Solana registered a 91% surge in NFT trading volume month over month.

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Mixing reality with the Metaverse: Fashion icon Phillip Plein goes crypto

Posted: 05 May 2022 06:53 AM PDT

How can fashion and crypto mix in a practical yet innovative way so that even Phillip Plein's mother can understand crypto and NFTs?

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Number goes up: A third of Brits have bought crypto, says Coinbase report

Posted: 05 May 2022 06:38 AM PDT

A Qualtrics report carried out by Coinbase shows that the number of Brits who have bought crypto is up 4% to 33% since October 2021.

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Avalanche rebounds 25% in five days as AVAX price tests key level — Big rally ahead?

Posted: 05 May 2022 06:13 AM PDT

Crypto market correlation and Valkyrie's Avalanche fund launch also helped push AVAX to a weekly high.

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Sen. Warren asks Fidelity to address the risks to put Bitcoin in 401(k)s

Posted: 05 May 2022 06:01 AM PDT

U.S. Senators requested Fidelity to explain how the firm is planning to address the risks of adding Bitcoin into retirement accounts by May 18.

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Binance commits $500M to co-invest in Twitter with Elon Musk

Posted: 05 May 2022 04:39 AM PDT

Binance is among 18 co-investors in Elon Musk's Twitter acquisition alongside firms like Sequoia Capital Fund and Fidelity Management and Research Company.

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DOT rallies 12% in a day as Polkadot gears up to solve a major blockchain hacking problem

Posted: 05 May 2022 04:28 AM PDT

But the token still risks falling by more than 30% based on a classic bearish continuation setup.

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Bitcoin celebrates halfway to the halving with new hash rate record

Posted: 05 May 2022 03:45 AM PDT

The Bitcoin hash rate hit another all-time high and the 105,000th block since the last halving was mined, marking the halfway to the next halving.

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Bitcoin trader keeps $40.8K BTC price target amid warning over risk asset ‘pain trade’

Posted: 05 May 2022 02:40 AM PDT

What could rile investors more than a capitulation in stocks and crypto is sideways trading "for a long time."

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Chainlink set to power Latin American real estate platform

Posted: 05 May 2022 02:17 AM PDT

Chainlink is set to automate rental payments to property owners of a Latin American real estate platform, adding a new blockchain use-case for the sector.

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Opera browser enables direct access to BNB Chain-based DApp ecosystem

Posted: 05 May 2022 01:59 AM PDT

New integration with BNB Chain allows Opera users to access decentralized apps, including DEXs like PancakeSwap, 1inch and BiSwap.

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Aussie exchange Swyftx to offer ‘no lock-in’ yield on crypto

Posted: 05 May 2022 12:11 AM PDT

Swyftx, one of Australia's largest crypto exchanges, has become the first local exchange to offer users zero-fee yields on cryptocurrency deposits.

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Nifty News: Steve Irwin's zoo conservation NFTs, SportemonGo is gone, and more

Posted: 04 May 2022 10:41 PM PDT

SportemonGo will no longer be sponsoring pro-football teams, Steve Irwin's zoo is launching NFTs and Leeds United is selling tokenized jerseys to support Ukraine.

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Gucci the latest luxury brand to accept crypto payments in store

Posted: 04 May 2022 10:07 PM PDT

Gucci's past efforts into Web3 have culminated with the brand accepting 12 cryptocurrencies at a few select stores, with a wider rollout planned for the future.

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