Month: May 2022

Breaking down Coinbase's earnings

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Mizuho analyst Dan Dolev on Coinbase earnings. With CNBC’s Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Karen Finerman and Dan Nathan. For access to live and exclusive video from CNBC subscribe to CNBC PRO: Shares of Coinbase dropped more than 13% after the company reported quarterly revenue of $1.31 billion, which missed analystsโ€™ expectations. Monthly active transaction users were lower from the previous quarter, at 7.4 million, but up from the prior year. Transaction-based revenue was also lower…

BTCS Inc Taps Axie Infinity intto its Blockchain Infrastructure Operations

Digital currency ecosystem company BTCS, a pioneer in the blockchain and digital currency ecosystem, announced the addition of blockchain-based game Axie Infinity to its blockchain infrastructure operations. According to its statement, the player ownership can allow the community to reward players to earn “actual monetary value” when they reach a higher level in the game, which is different to traditional video games, fulfilling the goal of “play to earn”.ย  The company said BTCS has completed the technical job of running Axie Infinity validator nodes, while including it in the Staking-as-a-Service…

USDT-dollar peg wobbles as markets continue to struggle: Tether CTO weighs-in

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Cryptocurrencies markets continue to suffer major losses following the depegging of Terra (LUNA) ecosystem’s stablecoin UST – causing discrepancies between stablecoin pegs and the value of Bitcoin (BTC). Stablecoin Tether (USDT) showed signs of stress as USDT/USD traded under $0.99 on major exchanges. Tether and Bitfinex CTO Paulo Ordoino took to Twitter to assure USDT holders that over 300 million UDST tokens had been redeemed at their $1 peg over the past 24 hours. GMReminder that tether is honouring USDt redemptions at 1$ via https://t.co/fB12xESSvB .>300M redeemed in last 24h…

Russian Crypto Mining Giant Bitriver Considers Challenging US Sanctions โ€“ Mining Bitcoin News

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Russiaโ€™s Bitriver, one of the largest operators of crypto mining data centers, may take legal action against the U.S. over the decision to place it under sanctions. The company insists it does not help the Russian government to circumvent international restrictions. Bitriver Rejects US Accusations as Unfounded, Sees No Legal Ground for Sanctions Leading Russian mining enterprise Bitriver is considering filing a lawsuit against the U.S. Treasury Department, which recently designated the Swiss-registered company and a number of affiliated entities in a new round of sanctions against Russian businesses and…

Weekend Update: Financial Expert Lloyd Ostertag on Cryptocurrency – SNL

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Financial Expert Lloyd Ostertag (Elon Musk) stops by Weekend Update to discuss cryptocurrencies such as Dogecoin. Saturday Night Live. Stream now on Peacock: Subscribe to SNL: Stream Current Full Episodes: WATCH PAST SNL SEASONS Google Play – iTunes – SNL ON SOCIAL SNL Instagram: SNL Facebook: SNL Twitter: SNL TikTok: GET MORE NBC Like NBC: Follow NBC: NBC Tumblr: YouTube: NBC Instagram: #SNL #ElonMusk #MileyCyrus #SNL46 โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Youtube version

How to Get Fit and Earn Crypto with MoveZ

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Tokenomics emerged as a popular concept in the crypto space in 2017 as a way to incentivize certain behaviors on blockchains through the use of tokens. The idea is that by aligning the economic incentives of a project with its users, you can more effectively drive adoption and usage. One area where tokenomics have been applied is in the realm of fitness and exercise. The theory goes that if you can reward people for getting in shape and staying active, you can help address the global obesity epidemic. Recent years…

Insane Crypto News! (Bitcoin, Ethereum, Axie, NFTs)

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Bitcoin (BTC) price falls below $27,000 as crypto sell-off intensifies

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Bitcoin plunged further below the $30,000 mark as investors fled cryptocurrencies. Jaap Arriens | NurPhoto | Getty Images Bitcoin slumped below $27,000 Thursday for the first time in over 16 months, as cryptocurrency markets extended their losses amid fears over rising inflation and the collapse of a controversial stablecoin project. The price of bitcoin plunged as low as $26,595.52 Thursday morning, according to Bitstamp data. That marks the first time bitcoin has sunk below the $27,000 level since Dec. 30, 2020. As of 1:30 a.m. ET, bitcoin was trading at…