crypto news

Post Views: 329 The U.S. economy has declined for the second-straight quarter as the country’s gross domestic product (GDP) declined by 0.9% in Q2. The Bureau of Economic Analysis’s summary of the U.S. GDP follows the recent debate over the technical definition of a recession. “Real gross domestic product (GDP) decreased at an annual rate…

Post Views: 409 On Wednesday, the cryptocurrency payments service company Bitwage announced that the Ultimate Fighting Championship (UFC) strawweight Luana Pinheiro will be the first female UFC fighter to be paid in bitcoin. Pinheiro’s boyfriend, a UFC flyweight fighter, started getting paid in bitcoin last March and after her eight-fight winning streak, Pinheiro decided to…

Post Views: 337 Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, believes that the U.S. Securities and Exchange Commission (SEC) neither has the resources nor the IQ points needed to correctly investigate crypto listings on Coinbase. Famous investor and founder of investment firm Scion Asset Management, Michael Burry, briefly commented on…

Post Views: 363 Gamestar+ Blockchain Technology Launches Game Night Into the Metaverse Gamestar+ is the world’s first truly interactive social game night streaming platform, offering families and friends the ability to launch their game night experience into the metaverse with classic titles that include Family Feud, Scene It?, and Jeopardy! Gamestar+ offers players a novel,…

Post Views: 291 Ethereum classic was approaching a ten-week high on Wednesday, as prices rose by over 14% in today’s session. These gains came as prices rose for a second consecutive day, with tron also extending recent gains during hump day. Overall, the crypto market cap is 1.51% higher as of writing. Ethereum classic (ETC)…

Post Views: 353 Ripple’s chief executive has shared his views on possible outcomes of the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) over the sale of xrp, which the regulator claims to be an unregistered securities offering. During the interview, Garlinghouse was asked what would happen if he does not get a…

Post Views: 360 On Wednesday, the Web3 digital identity platform Unstoppable Domains announced the company has secured $65 million in financing in a Series A funding round led by Pantera Capital. The latest funding gives Unstoppable Domains a post valuation of $1 billion, pushing the blockchain startup up to unicorn status. Investors that participated alongside…

Post Views: 309 The evolution of these two proposals was a case study in effective DAO governance, and included amendments to original proposals, discussions of exact parameters, economic modeling and forecasting, lively debate on alternatives, and even a discussion of the constitutionality of DAO proposals. Over the course of multiple weeks of active community debate…

Post Views: 310 On Wednesday, the U.S. Federal Reserve raised the federal funds rate by 75 basis points (bps) in order to tame inflation and stabilize the American economy. The recent rate hike is the U.S. central bank’s third rate increase after increasing the benchmark rate by 50 bps last March. With inflation scorching hot…

Post Views: 413 Russia could be a large player in the crypto mining space, experts in the field have established in research naming the most attractive regions for coin minting operations in the country. The capital Moscow is among the popular mining destinations alongside the places offering the cheapest power. Russia has everything necessary to…