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Weekly overview

Read more about the article OpenSea reverses limits on minting after community backlash

OpenSea reverses limits on minting after community backlash

  • Post author:admin
  • Post published:January 28, 2022
  • Post category:Weekly overview

OpenSea's critics said the policy change stifled NFT creators by trashing the ability to create unlimited collections and NFTs on the platform. NFT marketplace OpenSea has backflipped on a controversial…

Continue ReadingOpenSea reverses limits on minting after community backlash
Read more about the article White House reportedly preparing executive order on crypto

White House reportedly preparing executive order on crypto

  • Post author:admin
  • Post published:January 28, 2022
  • Post category:Weekly overview

The Biden Administration is expected to issue an order that would make government agencies begin conducting risk analysis on cryptocurrency as a national security threat. Joe Biden’s White House is…

Continue ReadingWhite House reportedly preparing executive order on crypto
Read more about the article Flushing it: $8B New York commercial bank to offer Bitcoin services

Flushing it: $8B New York commercial bank to offer Bitcoin services

  • Post author:admin
  • Post published:January 28, 2022
  • Post category:Weekly overview

“As part of our ongoing digital transformation, we recognize the importance of staying current with emerging market trends,” said Flushing Financial Corporation CEO and president John R. Buran. Flushing Financial…

Continue ReadingFlushing it: $8B New York commercial bank to offer Bitcoin services
Read more about the article Bears target new lows for Ethereum as Friday’s $1.1B options expiry approaches

Bears target new lows for Ethereum as Friday’s $1.1B options expiry approaches

  • Post author:admin
  • Post published:January 28, 2022
  • Post category:Weekly overview

ETH bulls will need to keep searching for positive news, especially as bears apply extra pressure ahead of Friday’s $1.1 billion monthly options expiry. Ether (ETH) price tumbled below the…

Continue ReadingBears target new lows for Ethereum as Friday’s $1.1B options expiry approaches
Read more about the article Cardano network at record capacity due to SundaeSwap launch, but not all users hail it as a success

Cardano network at record capacity due to SundaeSwap launch, but not all users hail it as a success

  • Post author:admin
  • Post published:January 28, 2022
  • Post category:Weekly overview

"This has been a huge disappointment. I've tried 20 times minimum to swap ADA for Sundae and nothing has gone through," says a disgruntled SundaeSwap user. According to both Cardano…

Continue ReadingCardano network at record capacity due to SundaeSwap launch, but not all users hail it as a success
Read more about the article Vitalik Buterin suggests making NFTs ‘soulbound’ like World of Warcraft items

Vitalik Buterin suggests making NFTs ‘soulbound’ like World of Warcraft items

  • Post author:admin
  • Post published:January 28, 2022
  • Post category:Weekly overview

NFTs are known for their transferability and commercial viability, but there are also downsides to those features, according to Buterin. In a blog post published Wednesday, Vitalik Buterin, co-founder of…

Continue ReadingVitalik Buterin suggests making NFTs ‘soulbound’ like World of Warcraft items
Read more about the article Anchor protocol’s reserves head toward depletion due to lack of borrowing demand

Anchor protocol’s reserves head toward depletion due to lack of borrowing demand

  • Post author:admin
  • Post published:January 28, 2022
  • Post category:Weekly overview

With too many depositors chasing high yields and a lack of borrowers, Anchor interest rates appear to have become unsustainable. Anchor, the flagship savings protocol of the Terra Luna (LUNA)…

Continue ReadingAnchor protocol’s reserves head toward depletion due to lack of borrowing demand
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