Cointelegraph By Brian Quarmby
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DeFi community rallies behind PoolTogether to hit $1.4M NFT defense funding target
Cointelegraph By Brian Quarmby - 0
No-loss lottery decentralized finance (DeFi) platform PoolTogether has reached 100% of its legal defense funding goal via the sale of NFTs.It has taken the project just ten days to reach its funding goal of 769 Ether (ETH) or $1.4 million, signaling strong support from the DeFi community who...
Vitalik shows support for Optimism’s governance structure and OP gas proposal
Cointelegraph By Brian Quarmby - 0
Ethereum co-founder Vitalik Buterin has shown support for Optimism’s new governance structure, noting that proposals such as using the OP token for gas fees shows “explicit representation of non-token-holder interests.”The Ethereum layer-2 scaling solution deployed the first round of its long-awaited OP token airdrop on June 1 as...
‘Pig slaughtering’ crypto scams reap millions on Silicon Valley dating apps
Cointelegraph By Brian Quarmby - 0
Lonely hearts in Silicon Valley are reportedly falling prey to a wave of "pig slaughtering” crypto scams via dating apps. An investigator for cybersecurity company Sift found that one in 20 people who approached her on dating apps in San Francisco was working the scam.Pig slaughtering, or butchering,...
Optimism token falls 40% prompting calls to bar dumpers from airdrops
Cointelegraph By Brian Quarmby - 0
Optimism’s freshly launched governance token OP has plunged 40% since peaking at $2.10, leading members of the community to discuss baring those who dumped their tokens from future airdrops. Cointelegraph reported yesterday that the Ethereum Layer-2 scaling solution was overwhelmed with demand for the first OP governance token...
So called “no-loss lottery” DeFi platform PoolTogether has raised 470.90 Ether (ETH) via NFT sales to fund its legal defense against a putative class action lawsuit.That means PoolTogether is more than halfway to its goal to raise at least 769 ETH worth roughly $1.5 million to fight...
Optimism airdrop overwhelmed by all-time high demand: ‘Scaling is hard’
Cointelegraph By Brian Quarmby - 0
Ethereum layer-2 scaling solution Optimism has been overwhelmed with “all-time high demand” following the launch of its highly anticipated airdrop on Wednesday. Users racing to collect their tokens were greeted with failed or delayed transactions as the Optimism team raced in the background to add additional capacity to the...
The price of LUNA briefly spiked around 90% overnight to an intraday high of $11.33 ahead of Binance’s airdrop, but has since dropped back to around $8.26 at the time of writing. At current prices, as per CoinGecko data, the increase to $8.26 represents a 35% gain over...
Shiba Inu founder deletes social media posts, steps down from community
Cointelegraph By Brian Quarmby - 0
Pseudonymous Shiba Inu (SHIB) founder ‘Ryoshi’ has walked away from the community after deleting all of their Tweets and blog posts this week. Much like Bitcoin (BTC) founder Satoshi Nakamoto, Ryoshi’s identity has remained unknown since the project launched in August 2020. Additionally, they have also held a...
Crypto-skeptic gamers review bomb Storybook Brawl after FTX buys it
Cointelegraph By Brian Quarmby - 0
Indignant gamers have review bombed Storybook Brawl on Steam over fears of potential NFT and blockchain integrations following crypto exchange FTX’s acquisition of its developers Good Luck Games, LLC. Storybook Brawl is a free-to-play auto-battle card game that was launched on online gaming platform Steam in mid-2021. The...
Crypto industry fires back after EU vote to block ‘unhosted’ wallets
Cointelegraph By Brian Quarmby - 0
The crypto industry has reacted strongly against a EU Parliament committee voting in favor of a regulatory package for tighter know-your-customer (KYC) and anti-money laundering (AML) rules for ”unhosted” private wallets. The new guidelines would require crypto service providers — most commonly exchanges — to verify the identity...