Shark Tank’s Kevin O’Leary joins FTX as a spokesperson, to be paid in cryptocurrency

Shark Tank's Kevin O'Leary joins FTX as a spokesperson, to be paid in cryptocurrency

A multi-year agreement has been reached by Mr. Wonderful to serve as a brand ambassador and spokesperson for FTX. Mr. Wonderful will be compensated in cryptocurrency assets and will have an ownership share in FTX. Kevin O’Leary, the Shark Tank host , has signed on as an official spokesperson for Sam Bankman-FTX Fried’s cryptocurrency exchange. […]

Ethereum supply soars briefly into deflation as gas fees rises

Ethereum supply soars briefly into deflation as gas fees rises

So far, a surge in gas fees and Ethereum burn rates has resulted in the creation of nearly 800 deflationary blocks. Since Ethereum’s London update last week, its potential deflationary features have already been demonstrated in operation on the blockchain, with around 800 “deflationary blocks” having been generated so far. A surge in the Ethereum […]

Hackers stole at least $600M from PolyNetwork

Hackers stole at least $600M from PolyNetwork

Today, the PolyNetwork interoperability protocol was hacked, at least $600.3 million in stolen funds has been made off with by the assailant. Unknown hackers utilised an exploit in the cross-chain protocol PolyNetwork to remove at least $610 million from three chains in what could be the greatest attack in the history of decentralised finance. PolyNetwork […]

Venmo now offers credit card rewards for Bitcoin and Ethereum

Venmo now offers credit card rewards for Bitcoin and Ethereum

Bitcoin, Ethereum, and Litecoin cashback are available for Venmo credit card customers who use their credit card to make purchases. In the past year, PayPal’s famous Venmo app , which is best known as a way to pay friends or merchants, has expanded to include a credit card option as well as a cryptocurrency-purchasing service. […]

Fenerbahçe, a major Turkish sports club, launches an Ethereum-based fan token

Fenerbahçe, a major Turkish sports club, launches an Ethereum-based fan token

According to Fenerbahçe S.K. President Ali Koç, cryptocurrency gives a chance for sports teams all around the world to generate a considerable cash stream. With the help of a new cooperation with the local cryptocurrency exchange Paribu, Fenerbahçe S.K., one of Turkey’s three most important sports clubs, has launched its own fan token on the […]