‘I anti-endorse these projects’ — Buterin’s shitcoin war sees him sent another 250K
Earlier this week, the Ethereum co-founder sold $700,000 worth of “shitcoins.” Go to Source Powered by WPeMatico
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Earlier this week, the Ethereum co-founder sold $700,000 worth of “shitcoins.” Go to Source Powered by WPeMatico
The trading price of the altcoin SNM suddenly rose by over 4,000% to $10.91 on Nov. 20, 5:30 a.m. (ET), while the coin’s 24-hour trade volume stood at just over $720 million. The altcoin’s abrupt price surge has fueled speculation that the altcoin is being targeted by a pump-and-dump group. Binance Dominates the Altcoin’s Trade … Read more
Hint: Many altcoins—not just LUNA—are down over 80% from their all-time highs in 2022. Go to Source Powered by WPeMatico
An eco-friendly toilet that pays people in digital currency for using it has been installed at a university in South Korea. The toilet is connected to a laboratory that uses excrement to produce biogas, which is used as a source of energy at the university. Get Paid in Digital Currency to Use a Toilet There … Read more
Why do certain altcoins moon? It’s a question that all crypto holders have pondered at some stage while enviously eyeing the ascent of a token that wasn’t even on their radar, let alone their portfolio. If the performance of obscure tokens in a bull market is discombobulating, how to explain such breakouts in a deep … Read more
Starting a debate by calling nearly everyone in the room “economically illiterate” doesn’t usually end well for someone attempting to persuade an audience, but that’s just what American economist Nouriel Roubini did on Tuesday, in his debate with Bitcoin.com Executive Chairman Roger Ver. The 40-minute, high-energy volley of arguments and ad homs is as entertaining … Read more
Popular messaging app Kik is shutting down due to a Securities and Exchange Commission lawsuit regarding ICO activity for the company’s cryptocurrency, kin. Ted Livingston, Founder and CEO of Kik and Kin, denies the allegations and maintains that the SEC’s case is based on mischaracterizations, but that shutdown for Kik is necessary to focus on … Read more
During the crypto bull market of 2017, everybody was happy. It wasn’t just the BTC maximalists, BCH enthusiasts, or proponents of ETH. Privacy coins like monero were doing great, and even charity-supporting “comic relief” coins like doge were riding high. Since that enchanted time, however, the diverse class of tokens known as altcoins has somehow … Read more
Australia is now moving forward with its proposed legislation to ban cash purchases over 10,000 AUD ($6,900) for business purposes. According to the treasury website: “The Black Economy Taskforce recommended this action to tackle tax evasion and other criminal activities.” While many Aussies are celebrating Bitcoin’s exclusion from this clause, others find the move away … Read more
In the cryptocurrency industry, there are thousands of altcoins on the market today. Of those projects, half or less are still actively maintained today, creating a massive amount of “shitcoins“. Now is a good time to recap how an altcoin turns into a shitcoin over the course of weeks, months, and years. This process is … Read more