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Ether Turns Inflationary as Network Usage Slows
6.12.2022
Ether's annualized inflation rate previously dropped below zero following the collapse of FTX-induced market volatility, which spurred a rise in Ethereum network usage. The positive inflation rate indicated ETH being minted outpaced being burned
DeFi Risk-Sharing Protocol Nexus Expects Loss on Maple Credit Pool Investment as FTX Contagion Widens
6.12.2022
Nexus Mutual, which offers an insurance alternative for decentralized finance traders, deposited some $19 million in ETH to Maple’s wrapped ether credit pool, which was rocked by Orthogonal Trading’s recent default
Built With Bitcoin Foundation Opens New Technology Center in Ghana
6.12.2022
The structure was built by Ghanian workers compensated in bitcoin, on land donated by local communities
Crypto Markets Today: FTX Fallout Hits Maple Finance; Bitcoin Declines
5.12.2022
The cryptocurrency-focused financial services firm won an auction to buy the company from crypto lender Celsius, which filed for Chapter 11 bankruptcy protection. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Silvergate CEO Attempts to Address Concerns in Public Letter
5.12.2022
Shares of the crypto-focused bank have been reeling in part due to links with failed crypto exchange FTX and sister company Alameda Research
Chainlink ‘Smart Money’ Might Be Pulling LINK Tokens Off Exchanges to Stake Them
5.12.2022
The blockchain analysis firm Nansen says that some crypto traders appear to be withdrawing the LINK tokens en masse ahead of Tuesday’s opening for early access to Chainlink’s new staking program
This Week’s NFT Sales Slid 5% Lower Than Last Week, Ethereum NFT Sales Accounted for 76.8% of the Volume
5.12.2022
On Monday, Dec. 5, 2022, market data shows that non-fungible token (NFT) sales dropped 5.23% lower than last week’s sales despite a 15.16% increase in NFT buyers. Out of the $112.70 million in NFT sales volume over the last week, Ethereum-based NFTs accounted for $86.59 million or 76.8% of the $112...
The Contagion Fever Breaks: NFTs Dominate Art Basel
5.12.2022
The price of Ethereum is down nearly 65% since last year’s Miami Art Week. But this year’s global cultural phenomena saw an uptick in events, attendees and conversations around Web3 technologies and their roadmap to mass adoption
Bitcoin Miner Riot Switches Mining Pool After Falling Short in November
5.12.2022
The miner used Braiins mining pool, which uses a payout method that caused the variance between Riot’s mining capacity and amount produced, according to a source
Kentucky Investigating 2 Proposed Contracts That Would Give Discounted Electricity to Crypto Miners
5.12.2022
Kentucky’s Public Service Commission is concerned the rates could result in higher electric bills for state residents
Document Claims Alameda CEO Caroline Ellison’s FTX Margin Position Was Negative $1.3B in May 2022
5.12.2022
In a number of recent interviews, the former co-founder of FTX, Sam Bankman-Fried (SBF), explained that he “wasn’t running Alameda” and he “didn’t know the size of their position.” In a more recent discussion with The Block’s Frank Chaparro,...
Bankman-Fried Is a ‘Master of Deflection,’ Securities Lawyer Says
5.12.2022
James Murphy, founder of law firm Murphy & McGonigle, discusses the former FTX CEO’s attempt at side-stepping probing questions and whether lawmakers in the U.S. have enough evidence to move forward with a criminal trial
The Week In Games: Creepy Neighbors And Cursed Trains
5.12.2022
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RBB LAB Uses NFT to Serve Alberto De Luigi and Andreas Kohl Summons
5.12.2022
PRESS RELEASE. San Marino, Dec 5, 2022 — RBB Lab, a technology development firm based in the Republic of San Marino, has used NFT (Non-Fungible Token) technology to issue court summonses for the case against Alberto De Luigi, Andreas Kohl, both former collaborators of the firm, and their company...
The Best Shooters Of 2022
5.12.2022
2022 was a good year for shooter fans. While the launch of a new shooter title (FPS or otherwise) is pretty common every year, the variety we received in 2022 was fantastic. From massive, online battle royales to smaller, quirky indie shooters and everything in between, this year really did have...
Nexo to Depart US After Regulator Discussions Hit 'Dead End'
5.12.2022
Crypto lender Nexo announced Monday it would stop offering services to U.S. customers over the next several months, and would immediately suspend Earn access in eight states
New FTX CEO Testimony ‘False,’ Bankman-Fried Says
5.12.2022
FTX founder Sam Bankman-Fried said documentation existed, despite John Ray bemoaning poor record keeping
Crypto.com’s CRO Surges as It Launches World Cup NFTs With Coca-Cola
5.12.2022
10,000 NFTs will be hosted on Crypto.com’s blockchain based on ‘heatmaps’ from World Cup matches
Biggest Movers: LTC Climbs to Highest Level Since May
5.12.2022
Litecoin rose to a seven-month high to start the week, as cryptocurrency markets continued to react to the latest U.S. nonfarm payrolls figures. The token was up for a second consecutive session, climbing to its highest point since May. Shiba inu was also a notable gainer on Monday. Litecoin (LTC)...
Introducing Consensus Magazine: Putting Web3 in Perspective
5.12.2022
Magazines are powerful when they spark dialogue about what’s happening now and could happen in the future. That’s Consensus all over, so we’re renaming Layer 2 after CoinDesk’s annual event