Community Financial News

20.12 / 15:17

Blockchain security community Bringing community-based solutions to crypto lending can solve trust issues

A type of decentralized finance (DeFi) that allows investors to lend their crypto tokens in return for regular interest payments, the crypto lending space comprises both centralized and decentralized crypto entities that manage the entire process on behalf of their investors.

19.12 / 14:41

NFT Polygon community Ex-President Donald Trump’s NFT Collection Receives Backlash After Users Spot Photoshop Errors

The recently-released non-fungible token (NFT) collection by the controversial figure and the former president of the United States, Donald Trump, is being heavily criticized over its poor quality and editing, potential AI generation, and using brand-owned and stock images - among other things.

14.12 / 19:05

Blockchain Art community Podcast Comic-Con guru says storytelling is the key component for successful NFT projects

NFT Steez, a new weekly Cointelegraph podcast exploring nonfungible tokens and Web3 projects, spoke to Comic-Con legend Gareb Shamus about how he has used storytelling to build engagement and a “maker world” that grows and strengthens communities.

12.12 / 14:31

Technology Adoption DEX community Industry execs voice confidence in DeFi adoption despite security flaws

With decentralized finance (DeFi) being a hub for various hacks and exploits, some may feel discouraged or wary of entering the space. However, professionals within the crypto space are confident that DeFi will have broader adoption in the future.

05.12 / 14:05

regulation Congress community hearing Crypto community baffled by SBF dictating terms over congressional hearing

Sam Bankman-Fried, the former CEO of now-bankrupt cryptocurrency exchange FTX has declined to testify before the United States Congress until he’s “finished learning and reviewing what happened.”

01.12 / 18:59

Blockchain Artists community Party-to-earn: Blockchain breaking down the doors in electronic music community

Electronic music is big business. According to a report by the International Music Summit, in 2021, the electronic music sector was valued at $6 billion dollars and that sector is poised for significant further growth. That $6 billion dollar figure marks a 71% increase from the industry’s valuation in 2020, which was understandably much smaller due to the effects of the pandemic. While revenue is down from where it was in 2019, barring further massive disruptions, the industry is on pace in 2022 to surpass its pre-pandemic heights.

30.11 / 15:03

Twitter Adoption community Bitcoin What is the best crypto use case? Community answers

While fears surround the crypto market because of how big projects and firms file bankruptcy one after the other, community members continue to remind the world of the best use cases for cryptocurrency.

24.11 / 13:51

wallet privacy community MetaMask user data Leading Crypto Wallet MetaMask Reveals it Collects User Data, Faces Backlash From Community

Major Ethereum (ETH)-focused blockchain company ConsenSys updated its privacy policy on Wednesday, stating that the popular crypto wallet MetaMask will be collecting certain user data - much to the dissatisfaction of the privacy-loving community. The wallet co-founder, however, said that this can be "fixed soon."

17.11 / 17:33

Tether USDT community Genesis Trading crypto experts Tether Says It Had No Exposure to Genesis Global and Gemini Earn, Crypto Experts Are Doubtful

Tether, the issuer of the major stablecoin USDT, denied having exposure to either Genesis Global Capital or Gemini Earn. Some, however, wonder how it is possible for such a large company not to be affected by any of the massive events that shook the crypto space this year.

17.11 / 12:07

Ethereum community Staking Ether staking withdrawal schedule removal faces harsh criticism

Days after Ethereum turns deflationary for the first time since shifting to proof-of-stake (PoS), critics have started to highlight the Ethereum Foundation’s removal of Ether (ETH) staking’s withdrawal schedule on social media.

14.11 / 14:23

Adoption Artists community Helping mainstream artists into Web3: The triumphs and struggles

Musicians and executives alike have seen the power of Web3 tools such as nonfungible tokens (NFTs) to transform audiences into active communities with fewer barriers between artists and fans.

13.11 / 10:19

business regulation transactions community Huobi and Gate.io under fire for allegedly sharing snapshots using loaned funds

To counter the rising mistrust among crypto investors following the FTX collapse, crypto exchanges unanimously decided to share proof of reserve with the public as a way to showcase legitimacy. However, certain anomalies found during on-chain investigations suggest foul play and market manipulation.

11.11 / 16:33

business Blockchain Polygon community ‘Hang in there’ — Crypto Twitter encourages Solana community amid FTX onslaught

With Solana (SOL) being heavily affected by the FTX debacle, Crypto Twitter expressed sympathy and hopes that its community can make a comeback.

08.11 / 12:23

business Altcoin community Pump and Dump Alameda on the radar of BitDAO community for alleged dump of BIT tokens

The recent concerns related to the volatility of FTX Token (FTT) seeped into FTX CEO Sam Bankman-Fried’s other business operation, Alameda Research, as the BitDAO community requested information about Alameda’s BitDao (BIT) holding commitment.

08.11 / 10:37

Art Adoption Artists community NFTs are the key to turning passive fandom into an active community

Nonfungible tokens (NFTs) are giving Web3 communities the tools to transform user participation.

02.11 / 17:19

Twitter Fraud community elon Ethereum Founder Vitalik Buterin Concerned About Elon Musk’s Twitter Plan

Ethereum (ETH) co-founder Vitalik Buterin has shared a scam-related concern over Tesla and Twitter chief Elon Musk's blue check system, but said that there may be a solution.

25.10 / 14:29

security scam Fraud community Crypto Staking Rug Pull Withdrawals $160 Million Rug Pull? – Crypto Staking Platform Freeway Halts Withdrawals Citing ‘Unprecedented Volatility’

UK-based crypto platform Freeway halted withdrawals on Sunday due to, as they claim, never-before-seen levels of volatility - but some argue that this is in fact a rug-pull.

24.10 / 14:51

Ripple XRP Cardano community Cardano Founder Hoskinson Slams XRP Community For Spreading Conspiracy Theories

Charles Hoskinson, co-founder of Ethereum (ETH) and co-founder of Cardano (ADA), stated that certain members of the XRP community are "muddying the waters" with their theories and "making it more difficult for the industry as a whole to support Ripple."

24.10 / 12:35

Adoption Google community Bitcoin Web3 grows in online searches as interest in Bitcoin declines: Google Trends

The global crypto community has started to redirect its interest from Bitcoin (BTC) to Web3, according to Google search trends.

14.10 / 13:31

Adoption Reddit community Bitcoin Community discusses why inflation isn't pushing more people to crypto

While some anticipate that more people will naturally get into crypto due to inflation, the reality is far from some community members’ expectations. A discussion in the r/cryptocurrency subreddit highlighted this topic and explored why higher inflation is not pushing more people into the crypto space.

06.10 / 06:33

business NFT Gaming community Yuga Labs Nifty News: Yuga Labs launches BAYC council, Animoca backs Cool Cats and more…

Yuga Labs has announced a new Bored Ape Yacht Club (BAYC) community council to help the project “grow and thrive.”

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