Author: Crypto News Live
TL;DRICYMI, yesterday was Bitcoin Pizza Day. The day that celebrates Laszlo Hanyecz’s decision to request a pizza (paid for in Bitcoin) on an internet forum, back in 2010.Laszlo paid 10,000 BTC for two Papa John’s Pizzas (~$40 USD at the time, a cool $268M at today’s prices).The transaction itself did two things: used Bitcoin as a medium of exchange for an every day purchase, in a very public manor.Gave a price anchor to anyone/everyone watching Bitcoin. I.e. gave them a moment to point back to and say “that pizza is now worth $X in today’s money.”Full StoryICYMI, yesterday was Bitcoin…
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion ETH posted over 2% gains as of press time. Long positions were discouraged. Ethereum [ETH] started the week on a positive note, posting about 4% gains, since Monday (22 May). At press time alone, the gains stood at 2.2% on a daily basis, with Bitcoin [BTC] comfortably back at $27k. Is your portfolio green? Check ETH Profit Calculator Source: Coin360 In a recent development, Vitalik echoed concern about pushing Ethereum on a multi-purpose path. Although the price didn’t react…
Shrapnel opens up Callsign reservation, allowing players to reserve their unique handle / character name, for a fee paid in SHRAP tokens. Callsigns not only reserve the name just for you, but they also provide other benefits, and can even be sold and traded to other players! Shrapnel unveils their latest web feature, Callsigns. Callsigns are unique identifiers in Shrapnel that cannot be duplicated. Each one costs 250 SHRAP tokens and players can mint multiple Signs. minting a Callsign Aside from the bragging rights of being the only one in-game with the name Elon Tusk (for example), owning a Callsign…
Hong Kong-based cryptocurrency trading platform Hotbit announced today that it will stop all operations on May 22, 2023. In a new announcement, Hotbit, which had 5 million users, cites deteriorating operating conditions, crypto industry changes, and risk management concerns as their motives for shutting down. “This decision is based on three reasons: Firstly, the deterioration of the operating conditions. After the Hotbit management team was forced to suspend operations for several weeks due to the investigation in August 2022, the industry has experienced a series of crises, including the collapse of FTX, bank crises causing USDC off-peg incidents, resulting in continuous…
As the specter of the US debt ceiling looms larger than ever, market uncertainties continue to grow, leading to cautious behavior among traders and investors worldwide. Amid the economic turmoil, several crypto assets are now trading on the verge of a crucial price level and altcoin traders are questioning the next possible move. Litecoin’s present scenario finds the asset flirting with a much-anticipated $90 threshold. With this feat, Litecoin is generating a strong momentum that is igniting a renewed interest and optimism among traders.Litecoin Is Significantly Undervalued A key on chain metric indicates that Litecoin (LTC), currently ranked 12th in terms…
It’s quickly becoming clear that 2023 is the year of Bitcoin Ordinals. Although open editions and memecoins each took the spotlight for their respective 15 minutes of fame, NFTs on the world’s first blockchain have continued to gain traction throughout the ups and downs of the NFT market. Of course, the historical crypto network has long laid claim to its spot as the number one chain in terms of market cap. But now, Bitcoin is slowly creeping toward the front of the non-fungible pack in an effort to be crowned the top NFT blockchain as well — and it’s already…
Blockchain Ripple recently announced the launch of the Ripple CBDC Platform, a solution for central banks, governments and financial institutions to issue their central bank digital currency. The enhanced platform leverages the power of the same blockchain technology used on XRP Ledger (XRPL). Excited about the new development, Ripple CBDC’s strategic advisor Antony Welfare took to Twitter to mention four countries that have been announced and will likely utilize the platform: Palau, Bhutan, Montenegro and Hong Kong. CBDC team making significant progress with the launch of the new #cbdc platform 👌 Four countries now announced 👍👍 Grateful to the team…
NFT Recently, Ben.eth, the founder of the PSYOP token, has been surrounded by controversy for handling the presale. In a letter sent via NFT, a law firm known as Loevy & Loevy, sent a letter via NFT demanding that Ben.eth refund all presale buyers or face a class-action lawsuit. The letter accuses him of intentionally misleading buyers and reneging on promises. It also warns of potential legal consequences, including wire fraud and treble damages. And, to be clear, the term “fuck up” is overly generous to you. There is every reason for a jury to find that you intentionally misled…
According to a recent investigation by Scam Sniffer, a scammer by the name of Inferno Drainer is believed to have conned thousands of unsuspecting users, extracting approximately $6 million in cryptocurrency assets. This scamming spree commenced on March 27, and in its wake, it has left a portfolio of 689 fraudulent websites.Borrowing the credibility of 229 well-regarded brands, Inferno Drainer has spun an intricate web of deception. By mirroring the likes of MetaMask, OpenSea, Collab.Land and Pepe, among others, it’s fooled nearly 4,888 individuals who mistook these fake websites for the real deal. Imagine walking into what you believe is…
beginner The cryptocurrency industry has seen extraordinary growth and innovation over the past decade. However, the technical complexities and high entry barriers have often left many interested individuals struggling to jump onto the crypto train. One intriguing project aiming to address this issue and bring crypto mining to everyday people is the Pi Network. Pi Network is a crypto project that I, Daria Morgen, the author of this article, have been interested in for a long time. Its accessibility aligns perfectly with the key ideals of the crypto market, like decentralization. I’m really excited to tell you more about it…
