He added that he hoped the voting still goes through and the rehabilitation plan gets approved because, otherwise, some creditors fear that instead of civil rehabilitation, the process would revert to the Mt. Gox bankruptcy, which its CEO, Mark Karpeles, filed for soon after the exchange became insolvent. Source link … [Read more...] about Mt. Gox Voting Deadline for Creditors Ends
Ends
Avalanche’s first memecoin SDOG ends in a $30M rugpull
SnowdogDAO (SDOG), the first memecoin to launch on Avalanche, lost over 90% of its value yesterday in what many believe was the platform’s largest rug pull.Despite millions of dollars in investments lost, the SnowdogDAO team maintains that the event wasn’t a rug pull, but a “game-theory experiment” gone wrong.Insiders front-run a token designed to avoid front runningSnowdogDAO, … [Read more...] about Avalanche’s first memecoin SDOG ends in a $30M rugpull
BlockFi Ends Free Withdrawals for Some Coins, Citing High Ethereum Network Costs
BlockFi said in a Twitter post that the move will apply to ethereum, chainlink, PAXG, uniswap and BAT. As for bitcoin, litecoin and stablecoins, BlockFi noted that customers will continue receiving one free withdrawal per month. Additional withdrawals beyond that will incur fees that will vary by coin. Source link … [Read more...] about BlockFi Ends Free Withdrawals for Some Coins, Citing High Ethereum Network Costs
Robinhood’s Nasdaq debut ends with sputter, can Dogecoin (DOGE) save it?
Robinhood shares suffered a lackluster performance on Thursday, sinking dramatically in a market debut that indicated flat investor demand. By the end of the New York session, $HOOD closed 8.4% lower, having earlier sunk by as much as 12%.The popular fee-free trading app gained notoriety earlier this year. Young and “un-professional” traders turned to it in record numbers … [Read more...] about Robinhood’s Nasdaq debut ends with sputter, can Dogecoin (DOGE) save it?
This crypto game is helping Filipinos make ends meet amid the pandemic
Axie Infinity, a blockchain game that allows users to breed and trade digital pets as non-fungible tokens (NFTs), has exploded in popularity among residents of Cabanatuan City in the Philippines over the past few months. And there’s an important reason for that.According to a short documentary video, dubbed “Play-to-Earn” and published earlier this week, the game actually … [Read more...] about This crypto game is helping Filipinos make ends meet amid the pandemic