OpenSea Faces Backlash for Removing EtherFi NFTs
EtherFi, a liquid staking protocol, has published an open letter criticizing OpenSea for removing its EtherFan NFTs from the platform without notice or reason. The two projects had been collaborating on the collection’s launch for weeks, which features NFTs backed by staked ETH. EtherFi’s founder and CEO, Mike Silagadze, stated in the letter that OpenSea […]
RFK Jr. to Stabilize US dollar with Bitcoin if Elected President
Robert F. Kennedy Jr. (RFK Jr.), the Democratic presidential candidate, has pledged to progressively support the United States dollar with Bitcoin if elected president. Kennedy stated on July 19 at a Heal-the-Divide PAC event that underpinning the U.S. dollar with “hard currency,” such as gold, silver, platinum, or Bitcoin, could help to stabilize the American […]
Inactive Pre-mined Ethereum Wallet Resurfaces 8 Years Later
After eight years of inactivity, a wallet address containing pre-mined Ethereum worth $116 million transferred its entire stash of 61,216 Ether to an address on the Kraken crypto exchange. The Ethereum ecosystem held a sale event in June 2014, allowing early team members and co-founders to acquire pre-mined Ether when the network could not generate […]
FTX’s Ex-Fundraiser Moves to Crypto Fund Sino Global
Constance Wang, who helped FTX raise millions of dollars from investors, has left the troubled crypto exchange to join Sino Global Capital, a prominent crypto fund with close ties to FTX’s founder Sam Bankman-Fried. Wang joined FTX in 2019 as its head of business development and was described as Bankman-Fried’s “right hand” in his fundraising […]