Source: A screenshot, nbatopshot.com Listings for NBA Top Shots have begun appearing on the major eBay marketplace, as holders of the blockchain-based collectibles look to profit from the surging interest in non-fungible tokens (NFTs). One NBA Top Shot Premium Pack is currently on sale on eBay for USD 2,500, while dozens of other packs are […]
Source: Adobe/montri1234 A new initial exchange offering (IEO) on crypto exchange Gate.io has recently raised eyebrows in the crypto community with a sale that got reportedly oversubscribed a whopping 45 times. The token in question is the Meter Governance Token (MTRG) from a project known as Meter, which describes itself as "a DeFi [decentralized finance] […]
Source: Adobe/Denys Prykhodov South Korea’s Kakao says that over 100,000, or around 2% of the users of the chat app KakaoTalk have already activated the app’s new crypto wallet function – less than a day after the wallet went live. As previously reported, KakaoTalk’s Klip wallet went live on June 3, with support for 11 […]
Source: AdobeStock / JHVEPhoto The US Securities and Exchange Commission (SEC) is expected to settle with the promoters of the infamous BitConnect exchange who had helped the platform raise more than USD 2bn through their YouTube videos. US Judge John G. Koeltl has announced he would likely sign off in the coming days on judgments […]
Source: Adobe/artiemedvedev In the midst of China’s crackdown on its miners, and following a historic drop in mining difficulty, Bitcoin (BTC) miners are now seeing much higher profitability. Also, there’s a noticeable rise in hashrate and a drop in block time. Bitcoin mining profitability (7-day moving average) jumped 31% in five days, between July 2 […]