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NFT Firm Yuga Labs Faces Criticism Over Bitcoin Auction Plan

NFT Firm Yuga Labs Faces Criticism Over Bitcoin Auction Plan

Yuga Labs has come under fire from the cryptocurrency community for its plan to auction its new Bitcoin NFT collection. The company's plan requires participants to send their entire bid amount in Bitcoin to a unique BTC address controlled by Yuga, and winners would pay up the BTC they bid while Yuga said it would return BTC to those unsuccessful in placing a top bid. The manual refund process for unsuccessful bids and the potential for significant price discrepancies in the top 288 bids have led to criticism from some within the crypto community.

Crypto Alert: Revolutionary DGT Token Community Presale

Crypto Alert: Revolutionary DGT Token Community Presale

Tallinn, Estonia, 8 January 2021 DGBLabs OÜ, announces it Community Presale of the DataGrid Token (DGT) for 22nd- 26th January offering a 5% bonus, which is reduced 1% a each day during the sale, on a minimum of one quarter ETH at the price of $.005. Higher Bonus levels available for purchases over 80 ETH. Participants will be required to complete WhiteListing on Blockpass prior to the sale date.

DeFi and Crypto Community Explode as Robinhood Halts GameStop (GME) Trades

DeFi and Crypto Community Explode as Robinhood Halts GameStop (GME) Trades

Robinhood’s decision to stop the purchases of GameStop (GME) shares, along with AMC and Blackberry (BBE), has spurred outrage from the cryptocurrency community.

Coinbase's Intention to Sell Blockchain Analytics Software to US Government Watchdogs Created Backlash from Crypto Community

Coinbase's Intention to Sell Blockchain Analytics Software to US Government Watchdogs Created Backlash from Crypto Community

Leading American cryptocurrency exchange, Coinbase plans to sell its blockchain analytics software called "Coinbase Analytics" to the US Drug Enforcement Administration (DEA) and the Internal Revenue Service (IRS). This decision is not sinking in well with the crypto community because the software will offer identity attribution for domestic and international cryptocurrency addresses to the US government agencies.

Deutsche Bank Ignored Suspicious Activity of Child Sex Trafficker Jeffrey Epstein, Bitcoin Community Screams Hypocrisy

Deutsche Bank Ignored Suspicious Activity of Child Sex Trafficker Jeffrey Epstein, Bitcoin Community Screams Hypocrisy

The NY State Department of Financial Services has slapped Deutsche Bank with a $150 million dollar fine, Bitcoin Community has been quick to call out the institutional bank’s shortcomings in funding international sex trafficker Jeffrey Epstein.

Is Bitcoin still a Safe Haven? The Crypto Community Debates on Twitter Following Global Stock Market Crash

Is Bitcoin still a Safe Haven? The Crypto Community Debates on Twitter Following Global Stock Market Crash

Is Bitcoin still a safe haven? The Crypto Community takes the debate to Twitter after the biggest stock market crash since 2009.

IMF Educational Cryptocurrency Video Receives Backlash from Bitcoin and Crypto Experts

IMF Educational Cryptocurrency Video Receives Backlash from Bitcoin and Crypto Experts

A video posted by the International Monetary Fund (IMF) on its social platform has generated a lot of criticism from the cryptocurrency community.

Crypto Community Braces For Altcoin Explosion As Bitcoin Smashes New ATH

Crypto Community Braces For Altcoin Explosion As Bitcoin Smashes New ATH

As Bitcoin surged to a new all-time high, there is a growing expectation for altcoin season to commence as new retail investors flock to cryptocurrency.

Reddit Ethereum-Based Rewards Rolled Out on r/Cryptocurrency and r/FortniteBR Subreddits

Reddit Ethereum-Based Rewards Rolled Out on r/Cryptocurrency and r/FortniteBR Subreddits

Reddit, the popular content aggregating website has created the community points to incentivize users to create high-quality posts and comments.

Cardano to Allow the Community to Vote on New Projects, $250,000 Worth of ADA Up for Grabs

Cardano to Allow the Community to Vote on New Projects, $250,000 Worth of ADA Up for Grabs

Cardano's Project Catalyst, which was introduced earlier this year, is a new experimental treasury system that would combine proposal and voting procedures.

Uniswap Reaches $3 Billion in TVL, Anticipates Community Call to Deliberate Liquidity Mining Rewards

Uniswap Reaches $3 Billion in TVL, Anticipates Community Call to Deliberate Liquidity Mining Rewards

The Uniswap community has set a community meeting to discuss the network’s liquidity mining rewards program, as it is about to end in a week.

Cryptocurrency is Highly Influencing the Gaming Industry

Cryptocurrency is Highly Influencing the Gaming Industry

Cryptocurrency is said to be the payment of the future. Since the introduction of Bitcoin in 2009, many industries have incorporated and accepted cryptocurrency as a reliable option for payment. With rising competition and seeing the concrete future in the business of digital currency, many cryptocurrency service providers are available to choose from.

Australia's National Blockchain Steering Committee Mobilizes Domestic Developer Community

Australia's National Blockchain Steering Committee Mobilizes Domestic Developer Community

The Australian National Blockchain Roadmap Steering Committee is seeking expressions of interest from its domestic blockchain community to create working groups on supply chain and credentialing.

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