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Turns
Pudgy Penguins NFT Project Ousts Founders as Mood Turns Icy
There’s trouble brewing in the huddle.The beloved NFT project Pudgy Penguins voted out its founders on Thursday after they allegedly failed to deliver on stated goals and drained the treasury of funds. And now at least one splinter group is arguing that the entire project should be decentralized, potentially an industry first.Launched in July, Pudgy Penguins has become one of … [Read more...] about Pudgy Penguins NFT Project Ousts Founders as Mood Turns Icy
Bitcoin Sentiment Turns Extremely Bearish
Bitcoin is roughly 35% below its all-time high of almost $69,000, which was set in November. The drawdown, or percentage decline from peak to trough, is the largest since July. Previous drawdowns have reached levels of nearly 80% and took several months to recover. Source link … [Read more...] about Bitcoin Sentiment Turns Extremely Bearish
Bitcoin network turns 13, celebrates with new hash rate all-time high
Today marks the 13th year since Bitcoin (BTC) creator Satoshi Nakamoto mined the genesis block or block 0 of the Bitcoin network, and for the first time mined a reward of 50 BTC back on Mon, 2009. Fast-forward to 2022, the BTC network shows no signs of slowing down by reaching a new all-time high hash rate of 207.53 million tera hashes per second (TH/s).The Bitcoin hash rate, … [Read more...] about Bitcoin network turns 13, celebrates with new hash rate all-time high
Robinhood Turns to Chainalysis for Data, Compliance Tools
Crypto tracing firm Chainalysis said it will provide data and compliance tools to Robinhood’s online crypto trading service, Robinhood Crypto.Chainalysis said Robinhood (Nasdaq: HOOD) will use the software to meet compliance requirements and help keep accounts safe, the company said in a blog post Monday.Robinhood Crypto will use Chainalysis KYT to flag “risky and illicit … [Read more...] about Robinhood Turns to Chainalysis for Data, Compliance Tools