Author: CryptooTimes

Image: Bungie / Claire Jackson / KotakuIf there’s one thing we can all agree on about Destiny 2, it’s that it has a lot of menus, where you probably spend lots of time managing all sorts of little things, from bounties to excess inventory, quest tracking, and more. Honestly, I think I spend a quarter of my time with Destiny not shooting aliens or exploring the surface of Europa or Nessus but just trudging through unintuitive menus laden with tabs and subpages. But there’s a better way to play Destiny! All you need is an iOS or Android device. If you’re…

Read More

Ethereum (ETH) has recorded its lowest average gas fees since November 2016. According to Dune Analytics data, on June 30, the average gas fee dropped to just 3 Gwei, equivalent to $0.14. Notably, nine of the 10 cheapest hours for gas fees occurred last week. Gas fees are essential to the Ethereum network. They cover the costs of various operations and ensure the network’s security by incentivizing validators. These fees also act as a deterrent against spam attacks. Analysts have attributed the significant drop in fees to improved efficiency in the layer-1 (L1) market. The efficiency is driven by a…

Read More

“We believe the native token, SOL, functions similarly to other digital commodities such as bitcoin and ETH,” VanEck’s head of digital assets research, Matthew Sigel, wrote in a post on X arguing that SOL is a commodity, not a security. “It is utilized to pay for transaction fees and computational services on the blockchain,” he wrote.

Read More

Crypto market analyst Ali Martinez expects a price rebound for the Bitcoin (BTC) price in July after a month of bearish momentum. According to Martinez’s X post on Sunday, the Bitcoin price recorded an average price rebound of 7.98% in July after a “negative June.” Data shows that the BTC price plunged by 9.25% over the past 30 days.  Historically, when #Bitcoin has had a negative June, it tends to bounce back strongly in July. In fact, $BTC has shown an average return of 7.98% and a median return of 9.60% during this month. pic.twitter.com/fJaIwc7Eob— Ali (@ali_charts) June 30, 2024…

Read More

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.…

Read More

In the second quarter of 2024, a total of $572.7 million in crypto was lost across 72 incidents due to hacks and scams. Centralized finance platforms were the primary targets of these breaches.  These losses marks a 70.3% increase from the $336.3 million lost in Q1 and a staggering 112% rise compared to Q2 2023 when $265.5 million was stolen, according to a recent report from Immunefi, a Web3 bug bounty and security services platform.   Over $900 million has been lost to these illicit activities year-to-date, a 24% increase from the same period last year. Immunefi’s data highlights a shift…

Read More

“Tether has engaged extensively with its exchange counterparties in Europe regarding the requirements, including those pertaining to the ongoing listing of USDT and other Tether tokens, and the interpretation of key regulatory provision,” said Paolo Ardoino, Tether’s CEO, in a statement. “While Tether is optimistic about MiCA’s implementation, it remains crucial that stablecoin regulatory policies enacted are balanced, protect consumers, and nurture growth in our emerging industry.”

Read More