May 31, 2023 12:57 am
SVB Collapse: Silicon Valley Bank Collapses Due to Liquidity Issues
Silicon Valley Bank, a SVB Financial Group subsidiary, collapsed after a tumultuous 48 hours that saw a bank run and a capital crisis. The bank’s …
GRT Price Jumps 11.41% in 24 Hours
Graph (CRYPTO:GRT) has surged 11.41% over the past 24 hours, reaching a price of $0.13. This marks an increase of 46.0% since last week, with an all-time high of $2.84.
Massive BLUR Token Price Fluctuation
BLUR token prices rose to as high as $5 before plummeting by eighty-five percent on Wednesday morning. Read on for a full report of the incident.
Ripple Expands Crypto Donations to Turkey and Syria
Ripple, a blockchain-based payment system, has decided to double its crypto donations to Turkey and Syria. This move is part of the company’s initiative to provide relief to those affected by the civil war in Syria.
DeFi and TradFi Solutions for Institutional Investors
### A new investment has been made to combine DeFi infrastructure and TradFi solutions, to enable tokenizing of traditional assets and to create blockchain-based markets for institutional investors.
4 Safest Long-Term Cryptocurrencies We’d Put Our Moms’ Portfolio Into
Have you ever wondered what coins are safe enough to invest your mom’s money into? In this article we answer that question by sharing 4 coins that we feel comfortable investing our mom’s money into.
Blur Airdrops New Token, Crypto Volatility Already Showing
Blur has rewarded its NFT traders with a brand new token airdrop. Already seeing some trademark crypto volatility.
Blur’s Token is Now Live
After a delay, the zero-fee marketplace’s highly-anticipated token is now live. Blur aims to incentivize pro traders to transact on its platform.
DBS Crypto Exchange Now Open to Institutional Investors
DBS crypto exchange is now open to institutional investors. The exchange offers BTC, ETH, XRP, BCH, DOT, and ADA to institutional investors.
People Become Rich Through Blur NFT Marketplace Token Airdrop
People lucky enough to get in on the airdrop for the hyped Blur NFT marketplace token are now seeing their investment return financial rewards.
Unspent Transaction Outputs on the Bitcoin Blockchain increasing
Unspent Transaction Outputs (UTXOs) on the Bitcoin blockchain is an important metric that indicates the health of the network. There has been an increase in UTXOs, and this article explains why this is significant.
$BLUR Stimulus Arrives – NFT News
Learn the latest news on NFTs, Web3 Insights, and more. The $BLUR Stimulus has just arrived.
OFAC Compliance Drops Below 50% for the First Time in Months For the first time since October, fewer than 50% of new blocks over a 24-hour period were OFAC compliant, partially thanks to more censorship-resistant options. ofac-compliance-drops-below-50-percent-for-first-time-in-months
# OFAC Compliance Drops Below 50% for the First Time in Months
Since October 2020, the amount of blocks that have been OFAC compliant had remained above 50%. However, new data has shown that for the first time since October, the number of OFAC compliant blocks has dipped below the 50% mark. This is partially due to the emergence of more non-censoring options that make up a larger percentage of the blockspace market.
## The Data
According to a report from Chainalysis, the total number of new blocks over a 24-hour period dropped to 48.5%. This is a 0.6% decrease from the previous week’s data. As a result, the amount of OFAC compliant blocks also decreased, going from 53.1% to 51.4%.
In addition, there was an increase in the number of blocks labeled as “uncategoryzed”, which rose from 26.1% to 28%. This is likely due to the emergence of more censorship-resistant options that allow users to bypass government regulation.
## Why is this Significant?
The fact that OFAC compliance has dropped below 50% for the first time since October is significant because it shows that users are increasingly interested in using non-censoring options. This could potentially lead to more decentralization in the crypto space, giving users more freedom to use the technology without fear of government interference.
At the same time, it also highlights the importance of having regulations in place to ensure that users comply with the law. It is essential that governments and regulators continue to monitor the crypto space and ensure that users are abiding by the legal requirements.
In conclusion, the fact that OFAC compliance has dropped below 50% for the first time since October is significant. It shows that users are increasingly interested in using non-censoring options, which could lead to more decentralization in the crypto space. However, it is also important that governments and regulators continue to monitor the crypto space and ensure that users are complying with the law.
“Bored Ape #1626 Burned, Yuga Labs Says It’s Illegitimate” The owner of Bored Ape #1626 burned the NFT to symbolically shift its existence to Bitcoin. But now, Yuga Labs claims that the ape is illegitimate. bored-ape-1626-burned-yuga-labs-says-its-illegitimate
# Bored Ape #1626 Burned, Yuga Labs Says It’s Illegitimate
NFT Marketplace Tokens Show Great Performance in 2023
Data has surfaced showing that NFT marketplace tokens have been performing strongly in 2023, and Blur’s recent airdrop suggests the market remains ripe for more gains.
Latest Crypto Stories for Tuesday, Feb. 14, 2023
Check out the latest news about cryptocurrencies and blockchain technology as of February 14th, 2021.
Blur Airdrop Led to Token Price Plunge of 85%
The airdrop of the NFT marketplace Blur’s token went live today, however many members of the Blur community are now reporting numerous issues. The token has since tanked more than 85%.
Optimism Airdrops 11.7 Million OP Tokens to 300K Users
The second phase of the Optimism airdrop has been launched, distributing 11.7 million OP tokens to 300K users. Learn more about the airdrop here.
SingularityNET Soars Over 812 Percent in 2023
SingularityNET has seen a big surge in 2023, gaining an impressive 812 percent against the USD since January 1. OpenAI’s ChatGPT chatbot is driving the artificial intelligence interest that is fueling this rise.
Bitcoin and Ethereum Can Work Harmoniously Together Says Expert
Sam Tabar, of Bit Digital, has said that the two competitive projects – Bitcoin and Ethereum – can work together harmoniously.
Tezos to Increase Validator Network by 300% Tezos, a leading blockchain network, is planning to increase its validator network by more than 300%. The update is expected to provide more robust security and better decentralization. tezos-increase-validator-network-by-300-percent
# Tezos Increases Validator Network by 300%
Tezos, a leading blockchain network, is planning to increase its validator network by more than 300%. The update is expected to provide more robust security and better decentralization.
In a recent announcement, the Tezos Foundation confirmed that it is working to expand its validator network from the current 25 to 100. The expansion is an attempt to further decentralize the network and make it more secure. It also aims to attract more people to the Tezos platform.
## How Will Tezos Expand its Validator Network?
The Tezos Foundation has announced plans to increase the number of validators from the current 25 to 100. This will be achieved through a combination of onboarding new validators and increasing the stake requirements for existing validators.
In addition, the Tezos Foundation is also planning to incentivize validators to participate in the network by offering rewards for committing their resources to the network. This will enable validators to earn rewards for their commitment to the network.
## What Benefits Does This Expansion Offer?
Increasing the validator network will bring numerous advantages to the Tezos network. For starters, it will help make the network more secure and decentralized, as it will reduce the chances of a single entity controlling a majority of the network.
In addition, the expansion will also help to reduce transaction costs in the network. This is because an increased validator network means that there will be more validators competing for transactions and so transaction fees will be kept low.
Furthermore, this expansion will also boost the performance of the Tezos platform. This is because more validators will mean more blocks being produced and thus the network will become faster and more efficient.
The expansion of the Tezos validator network will bring numerous benefits to the network. It will make the network more secure and decentralized, help reduce transaction costs, and improve the network’s performance. All in all, it is a positive development for the Tezos platform.
zkEVM Launching Beta Network
zkEVM, a zero-knowledge blockchain, is launching its beta network on March 27. Learn more about the project and its timeline for launch.
What is an NFT Airdrop?
An NFT airdrop is a gift or reward given to holders as a gesture of gratitude for participating in a project or community. Learn more about NFT airdrops here.
U.S. Financial Regulators Crackdown On Binance’s BUSD Stablecoin
In a recent action, U.S. financial regulators have cracked down on Binance’s BUSD stablecoin, indicating Asia may be the global hub for digital asset transactions.
Protests across the US Thousands of protesters all across the US have taken to the streets to rally against police brutality and systemic racism. protests-across-the-us
Outrage Across the US Over Police Brutality and Systemic Racism
Tens of thousands of people, from cities large and small, are rallying in the streets in protest of police brutality and systemic racism.
Coinbase to List Governance Token of Blur.io Marketplace
Coinbase announced that it will list the governance token of the Blur.io marketplace as soon as it has enough liquidity after the BLUR unlock.
Is Avatar a Multi-Level-Marketing Scheme?
At least one observer claims Avatar is an MLM scheme where users generate rewards for each referred user. But is this true?
Operators of Blender.io may have launched Sinbad After Sanctions Blender.io, a digital wallet, was recently sanctioned for processing North Korean hackers’ money. Now, blockchain intel firm believes that the company may have launched Sinbad after the sanctions. operators-of-blender-io-may-have-launched-sinbad-after-sanctions
#Operators of Blender.io May Have Launched Sinbad After Sanctions
Recently, Blender.io, a popular digital wallet service, was sanctioned by the United States government for processing North Korean hackers’ money. Now, blockchain intelligence firm CipherTrace believes that the company may have launched a new platform, Sinbad, in response to the sanctions.
##Blender.io Sanctioned by US Government
In August 2020, the U.S. Department of Treasury’s Office of Foreign Assets Control (OFAC) levied sanctions against Blender.io and its operators. According to the press release, the operators of Blender.io had been facilitating transactions for North Korean hackers who had stolen millions of dollars from cryptocurrency exchanges.
The OFAC noted that Blender.io was acting as a digital wallet service and had processed over 7,000 transactions related to North Korean hackers since 2017. As a result of the sanctions, any assets owned or operated by the company in the US or held by US persons are liable for seizure or blocking.
##CipherTrace Alleges New Platform Launched After Sanctions
According to CipherTrace, the operators of Blender.io may have launched a new digital wallet service, Sinbad, in response to the sanctions. The blockchain intelligence firm claims that Sinbad has the same user interface, programming, and methods of operation as Blender.io.
CipherTrace believes that Sinbad may also be processing North Korean hackers’ money, noting that some of the same actors are involved in both Blender.io and Sinbad. The firm is calling on law enforcement agencies to investigate the operators of Sinbad.
The operators of Blender.io have been sanctioned by the US government for processing North Korean hackers’ money. Now, blockchain intel firm CipherTrace believes that the company may have launched Sinbad in response to the sanctions. The firm is urging law enforcement agencies to investigate Sinbad and its operators.
Coronavirus Pandemic The coronavirus pandemic has spread throughout the world. coronavirus-pandemic
# Coronavirus Pandemic:A Look at How It Has Impacted the World
Limit Break’s Commercial Increases Digital Collectible Value By Over 460% In Just One Day Limit Break advertised a free digital collectible for scanning a QR code. The next morning, the value of the collectible had risen by over 460%.
a new type of digital asset that allows investors to purchase a portion of a stake pool. Cardano Blockchain Introduces Innovative Stake Pool Offering
The Cardano blockchain has launched its Initial Stake Pool Offering (ISPO) feature, allowing crypto investors to purchase a stake in a stake pool.
Cryptomus Increasing its Functionality to Become the Best Cryptocurrency Payment System
Cryptomus is strengthening its features to become the leading cryptocurrency payment system that provides a comprehensive set of tools for enhanced user experience.
Bitcoin, Ethereum, and Stablecoins Market Cap Dominance Drops 2.7%
CryptoCompare data released on April 12th shows that the combined market cap of Bitcoin, Ethereum, and stablecoins dropped 2.7%.
SEC to Sue Paxos for Allegedly Selling Unregistered Crypto Token
On Sunday, the SEC announced that it has filed a lawsuit against the stablecoin issuer Paxos for allegedly selling an unregistered security.
Two Sigma Ventures Leads Funding Round for Decentralized Exchange
Two Sigma Ventures, a venture capital firm, has led a funding round for a decentralized exchange. Get the details here.
Move Towards Decentralized Finance Apps – Report
A new report suggests that regulatory overreach will lead to further movement towards decentralized finance apps.
Clearpool opens onboarding and whitelisting process for its Prime platform
Clearpool has opened up onboarding and whitelisting for its institutional borrowers and lenders. Read on to find out more about the process.
SEC’s Move on Kraken’s Staking Program
The SEC made a move on Kraken’s staking program last week, but it is not an indictment of staking in general. Here’s what you need to know.