The Ethereum Name Service (ENS) is set to end its legal battle with Manifold Finance over ownership of the eth.link domain after the DAO approved a $300,000 settlement with Manifold. The settlement, approved by 88% of DAOs, allows ENS Labs to retain ownership of the domain while dismissing its lawsuit against Manifold. Additionally, the DAO approved reimbursement of $750,000 for ENS Labs’ legal costs.background to the disputeThe dispute over the eth.link domain began when ENS Labs sued Manifold and domain registrars GoDaddy and Dynadot in U.S. District Court in Arizona to stop the transfer of ownership of the domain. The…
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Digital asset manager CoinShares said institutions poured $598 million into cryptocurrency investment products last week, marking the fourth consecutive week of inflows. CoinShares said in its latest Digital Asset Fund Flows report that annual inflows into cryptocurrency investment products are approaching $6 billion. “Digital asset investment products recorded weekly inflows totaling $598 million, marking the fourth consecutive week of inflows. Year-to-date inflows now exceed US$5.7 billion, accounting for 55% of the record inflows seen in 2021.” Source: CoinShares According to CoinShares, the United States recorded the highest inflows at $610 million, despite Grayscale experiencing outflows of $436 million during the…
join us telegram A channel to stay up to date on breaking news coverage Sponge V2 builds on the success of previous versions and disrupts the market with unique strategies for trading fees, liquidity, and staking. Sponge V2 retains the attractive viral meme coin aspect of its predecessor, but the second version introduces token utility that could potentially sustain long-term demand. Sponge will hit the market in May 2023. Early investors in Sponge observed a similar upward trend to PEPE as the coin soared to a market capitalization of $100 million, delivering returns of up to 100x to holders. The…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. In the changing world of digital currencies and online content, Ethereum (ETH) is performing well and showing positive developments. Immutable (IMX) seems to be getting better after some difficult times. Bitcoin (BTC) remains strong with positive data suggesting a potential upside ahead of the halving. At the same time, DeeStream (DST) is leading the way in decentralized streaming. Supporters expect more profits in the future, which explains why more investors are exploring the project. Ethereum is likely to explode…
NewsBTC technical analyst and editorial board member Tony “The Bull” now believes that Ethereum (ETH), now the second most valuable cryptocurrency, is about to explode. “The Bull” cites the technical candlestick formation on the ETHUSDT daily chart as a leading indicator for ETH. ETH is currently trading above $3,000, its highest level in two years. analyst pointed Applies to Bollinger Bands (BB), a technical indicator used to measure volatility. Although BB is a lagging indicator, like most technical indicators, including moving averages, traders associate each narrowing band with increasingly lower volatility. ETH bullbar tied along top BB | Source: Tony…
Blockchain is a decentralized distributed ledger technology for recording transactions processed through a series of connected computers. The parameters of a cryptocurrency are visibility, immutability, and standardization. These days, there is a lot of talk about the implementation of cryptocurrency technology (blockchain) in the sports industry. This passion stems from our technological capabilities to upgrade various areas of sports management, including ticketing, merchandise authentication, player contracts, and fan management. Blockchain is useful in overcoming problems such as fraud, counterfeit goods, and unreasonably priced tickets. Therefore, improving transparency and trust in the sports ecosystem is beneficial to sports enthusiasts. Key areas…
Posted 1 minute ago In ~ HBGL Hong Kong Limited, also known as Huobi HK, initially submitted its exchange license application last week but withdrew it three days later on February 23, according to the South China Morning Post. reported, citing the Securities and Futures Commission’s list of license applicants. An HTX spokesperson said Huobi HK operates independently from HTX. Huobi HK did not immediately respond to The Block’s request for comment.The Hong Kong SFC stipulates that cryptocurrency trading platforms that fail to submit license applications by February 29 must close their operations in Hong Kong by May…
American economist and gold advocate Peter Schiff attributed the poor performance of gold mining companies largely to rising inflation rates contrasted with stagnant gold prices. Schiff argues that if the Federal Reserve had not raised interest rates, the inflation rate in the United States would have been much higher. Economists also (…) Source: Bitcoin.com Cryptocurrency Investment Risk Warning Cryptocurrency assets are highly volatile. Your capital is at risk.Do not invest unless you are prepared to lose all your money.This is a high-risk investment and you should not expect to be protected if something goes wrong.advertising Read full disclaimer like this:good…
Coinbase, a popular cryptocurrency exchange, plans to list two more altcoins. This decision highlights Coinbase’s ongoing efforts to expand its asset portfolio to provide users with a more diverse and dynamic trading experience. Coinbase Could Soon List Two New Altcoins Coinbase has revealed plans to expand its altcoin offerings, including two new assets: Akash Network (AKT) and Ronin (RON). Akash Network, known for its decentralized cloud computing marketplace, and Ronin, an Ethereum sidechain developed specifically for blockchain gaming, provide important additions to the Coinbase platform. These listings are consistent with the company’s roadmap and prioritize transparency and informed transactions for…
After cryptocurrency mining was banned in China in 2021, the United States has become one of the largest mining hubs for Bitcoin miners. However, regulators have stepped up measures to increase oversight of the industry. Last month, one of the US government agencies issued emergency approval for ‘EIA-862, Cryptocurrency Mining Facility Report’. The investigation has raised alarm among miners as they seek to collect sensitive data from cryptocurrency mining companies operating in the country. These concerns led several involved parties to file a lawsuit last week. EIA’s ‘insufficient’ response to lawsuit On February 22, the Texas Blockchain Council (TBC), Bitcoin…