Pudgy Penguins launched in July 2021 but quickly saw drama after its former founder came under suspicion. rug project. A few months later Luca Schnetzler intervened. He has had a history of building internet businesses through his continued entrepreneurial spirit since his early teens, purchasing the project and the intellectual property of 8,888 cute little Pudgys for $2.5 million in April 2022. “It was an instinctive and intuitive decision. I made a huge investment before buying it and saw what I thought had full potential. I was complaining and crying to the founders every day about how crappy they were…
Author: Crypto Flexs
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Technology company MicroStrategy bought more Bitcoin, increasing its holdings to 174,530 BTC. As of Thursday morning, Bitcoin reserves stood at approximately $6.6 billion.In a tweet Thursday, MicroStrategy founder and chairman Michael Saylor said his company, which provides software solutions to businesses looking to analyze data, purchased an additional 16,130 BTC this week at a price of $593.3 million.According to Saylor’s announcement, the Tyson, Virginia-based company has now spent a total of $5.28 billion on cryptocurrencies.It is by far the largest corporate holder of digital assets.MicroStrategy first purchased Bitcoin in August 2020 during the COVID-19 pandemic. A bull run soon followed.Saylor,…
Decentralized cForm aims to eliminate problems associated with spam accounts on platforms such as Google Forms. CoinList, a popular platform for cryptocurrency innovators, is enhancing its community-building strategy with the introduction of cForm. This new tool allows builders to quickly set up on-chain whitelists, sign-up forms, or surveys to streamline the process of attracting and verifying community members. cForm allows builders to create crypto-native forms to verify on-chain wallets, social media accounts, and gather valuable information without extensive engineering effort. This tool ensures response quality by validating input, preventing bot-based input, and improving the overall reliability of your data. Key…
Posted 1 minute ago In ~ A team specializing in building structured products for volatile cryptocurrency markets has launched a new profit strategy that allows traders to earn additional profits from stakers. Cega on Thursday announced the launch of its Dual Current product, offering 22% APY to staked ETH (stETH) and ETH holders. This product offers enhanced returns through options trading. Staking Ethereum currently offers a yield of around 3%. As value-locked staking with Lido reaches new highs, a new strategy is coming to market. However, this is also a quieter time for Ethereum compared to the broader market. ‘Innovative…
In 2021 online payment fraud It grew 14% from $17.5 billion to more than $20 billion. At the same time, 46% of organizations Investigated by PwC Reported experiencing fraud, corruption or economic crime in the past 24 months, 70% of which occurred through external attacks or collusion. There are hundreds of different statistics that all make the same point. In other words, the Internet can be a dangerous place where money is traded. With the rise of remote work, new digital security concerns, and corporate information policies, your data appears to be more exposed than ever. Cybercrime has skyrocketed over…
Cryptocurrency mining platform AntPool announced in an update on November 30 that it would refund transaction fees of 83 Bitcoin (BTC). The risk management system said it had temporarily frozen fees when packaging transactions and would therefore refund affected users their fees once their identities were verified. Affected users must prepare their signature tool (Electrum or Bitcoin Core) by 00:00 (UTC+8) on December 10 and submit their details to AntPool using the private key of the wallet address provided by AntPool. Send a message with the code “AntPool”.On November 23, one Bitcoin user on the platform was charged a transaction…
Blockchain is not the only technology reshaping the online casino market, but it is a significant driver of change.So, whether you are a player or an aspiring online casino owner, keep reading as the following text explains the main solutions and how blockchain works. Technologies We Are Already UsingOne of the hallmarks of the online gambling industry is its diversity. There’s something to suit everyone’s tastes, and depending on the size and maturity of your company, you’ll find a variety of offerings and technologies in use. However, in every online casino today you can find the following solutions:cloud gamingCloud gambling…
Friend.tech plans to reward users who remain loyal and do not engage in forks or clones. The SocialFi project will automatically forfeit points for users who choose the forked version. Points are expected to have a special purpose in tokenized social media platforms. Users of Friend.tech expressed disappointment with the project’s decision to punish users by forfeiting their points. Friend.tech, the decentralized social media platform taking the Web3 space by storm, announced a controversial policy this morning in light of copycat applications and forks. The SocialFi project said it would punish users who chose competing SocialFi projects by disabling their…
Pando Asset, an asset management company based in Switzerland, submitted Form S-1 to the Securities and Exchange Commission (SEC) regarding approval of a spot Bitcoin ETF. Pending approval, the Pando Asset Spot Bitcoin (BTC-0.70%) Trust will continue to conduct trading on the Chicago Board Options Exchange, of which Coinbase is the custodian. For Bitcoin pricing, the filing states that CME’s CF Bitcoin benchmark rate will be utilized. Pando continues to offer exchange-traded products that closely monitor the prices of major cryptocurrencies from the perspective of European traders on the SIX Swiss exchange, according to its website. The industry is eagerly…
Binance-owned Trust Wallet has reported issues with its Bitcoin nodes, causing users to make failed or delayed transactions and missing transaction history from the wallet app.The non-custodial wallet provider attributed the issue to the recent surge in Bitcoin transactions. “The increasing number of transactions per block in the Bitcoin network is putting pressure on nodes, causing instability across providers,” the team posted on X.Trust Wallet said it is closely monitoring the situation, but “users may experience missing transaction history and failed transactions on the Bitcoin Blockbook Chain for up to six hours.” Originally developed to support the Trezor wallet, Bitcoin…