Welp, looks like another privacy-protected tool is flipping on us. ConsenSys, the company behind MetaMask, stated on November 23rd it will start collecting user IP addresses and ETH wallet addresses if using RPC’s via their own Infura protocol. This move is reportedly to satisfy KYC and anti-laundering requirements, among other reasons. It was also noted if a user uses a third-party RPC or personal nodes, this information will not be collected. However, the red alerts have been sounded by the...

Welp, looks like another privacy-protected tool is flipping on us. ConsenSys, the company behind MetaMask, stated on November 23rd it will start collecting user IP addresses and ETH wallet addresses if using RPC’s via their own Infura protocol. This move is reportedly to satisfy KYC and anti-laundering requirements, among other reasons. It was also noted if a user uses a third-party RPC or personal nodes, this information will not be collected. However, the red alerts have been sounded by the...

Telegram founder Pavel Durov, has revealed plans to launch several decentralized crypto products, which could include a crypto exchange as well as non-custodial wallets. In a message on his personal Telegram channel, Durov states this new venture will try and steer the crypto community away from centralized exchanges, and using their already developing “The Open Network” (TON) blockchain platform, it gives even more reason to get away from “legacy platforms” that required centralization to gi...

Telegram founder Pavel Durov, has revealed plans to launch several decentralized crypto products, which could include a crypto exchange as well as non-custodial wallets. In a message on his personal Telegram channel, Durov states this new venture will try and steer the crypto community away from centralized exchanges, and using their already developing “The Open Network” (TON) blockchain platform, it gives even more reason to get away from “legacy platforms” that required centralization to gi...

Cardano has announced the backing of an algorithmic stablecoin, Djed, which will apparently be pegged to USD, will be overcollateralized with Cardano and backed up with another token as its reserves, which will also have on-chain proof-of-reserves. However, many in the crypto community are sounding alarms for this approach, referring to the recent Terra algo stablecoin UST implosion. https://twitter.com/mocheswap/status/1594817260358696961 https://twitter.com/SBabt12/status/159543591227555840...

Cardano has announced the backing of an algorithmic stablecoin, Djed, which will apparently be pegged to USD, will be overcollateralized with Cardano and backed up with another token as its reserves, which will also have on-chain proof-of-reserves. However, many in the crypto community are sounding alarms for this approach, referring to the recent Terra algo stablecoin UST implosion. https://twitter.com/mocheswap/status/1594817260358696961 https://twitter.com/SBabt12/status/159543591227555840...

Another Monday, and another hot crypto story unfurling. A new U.S. Department of Justice probe accuses Binance of violating sanctions against Iran, by allowing ~$1B in crypto transactions to Iranian-based businesses. The probe also saw some irregularities in Binance’s compliance program. The investigation is primarily centered around U.S. anti-money laundering laws and sanctions. The interesting part is it is understood the DOJ has enough evidence to put criminal charges against some Binance ...

Another Monday, and another hot crypto story unfurling. A new U.S. Department of Justice probe accuses Binance of violating sanctions against Iran, by allowing ~$1B in crypto transactions to Iranian-based businesses. The probe also saw some irregularities in Binance’s compliance program. The investigation is primarily centered around U.S. anti-money laundering laws and sanctions. The interesting part is it is understood the DOJ has enough evidence to put criminal charges against some Binance ...

FTX’s spectacular implosion sent ripples which was felt by all through the cryptoverse, but has also hit the people of the Bahamas, where FTX was headquartered. According to a report in the WSJ, the island nation initially welcomed FTX with it’s lax and favorable crypto laws and eventually the locals became the supporting cast for FTX employees. Catering, security, transportation, event planning, logistics and many more services were required and the locals began taking up these jobs, creatin...

FTX’s spectacular implosion sent ripples which was felt by all through the cryptoverse, but has also hit the people of the Bahamas, where FTX was headquartered. According to a report in the WSJ, the island nation initially welcomed FTX with it’s lax and favorable crypto laws and eventually the locals became the supporting cast for FTX employees. Catering, security, transportation, event planning, logistics and many more services were required and the locals began taking up these jobs, creatin...

Texas Senator and Wolverine wannabe Ted Cruz said at Texas Blockchain Summit 2022 that he wants Texas to be a “Bitcoin oasis”, along with other cryptocurrencies. Cruz argued that Bitcoin mining can be used to monetize energy from oil and gas extraction, in addition to it being an energy storage and supply alternative. He also mentioned that he likes Bitcoin “because the government can’t control it”. The lawmaker also admitted to purchasing Bitcoin on a weekly basis, and the coin being the onl...

Texas Senator and Wolverine wannabe Ted Cruz said at Texas Blockchain Summit 2022 that he wants Texas to be a “Bitcoin oasis”, along with other cryptocurrencies. Cruz argued that Bitcoin mining can be used to monetize energy from oil and gas extraction, in addition to it being an energy storage and supply alternative. He also mentioned that he likes Bitcoin “because the government can’t control it”. The lawmaker also admitted to purchasing Bitcoin on a weekly basis, and the coin being the onl...

The small island nation of Tuvalu, in the South Pacific, has announced their intention of using Web3 tech in order to preserve its’ culture and society for future generations. Tuvalu’s Foreign Minister Simon Kofe announced in a climate summit how they are looking for ways to protect the country’s heritage against rising sea level due to climate change. Hoping to leverage the Metaverse, they want to recreate their history. https://twitter.com/Tuvalu_MJCFA/status/1592577877568258049?ref_src=tws...

The small island nation of Tuvalu, in the South Pacific, has announced their intention of using Web3 tech in order to preserve its’ culture and society for future generations. Tuvalu’s Foreign Minister Simon Kofe announced in a climate summit how they are looking for ways to protect the country’s heritage against rising sea level due to climate change. Hoping to leverage the Metaverse, they want to recreate their history. https://twitter.com/Tuvalu_MJCFA/status/1592577877568258049?ref_src=tws...

So you've finally taken the leap into DeFi and you're excited to be making some profits with your investments. However, you've noticed your $1000 LP tokens is sinking in value. What gives? Here are 3 reasons why you might be losing value:Pool VolatilityAs users pull/add money into pools, you'll see either your LP token value drop or gain, respectively. This is a normal occurrence with all pools. Do your research on the best token pairs/triplets in pools to ensure its a sou...

So you've finally taken the leap into DeFi and you're excited to be making some profits with your investments. However, you've noticed your $1000 LP tokens is sinking in value. What gives? Here are 3 reasons why you might be losing value:Pool VolatilityAs users pull/add money into pools, you'll see either your LP token value drop or gain, respectively. This is a normal occurrence with all pools. Do your research on the best token pairs/triplets in pools to ensure its a sou...

Crypto.com is in the news again for another blunder of sending assets to the wrong address, something they’ve been doing alot of lately. This time, they sent 320K ETH to Gate.io, a DeFi protocol, which represented 82% of Crypto.com’s ETH holding at the time of this writing. Gate.io returned 285K ETH back, and after analysis, they confirmed that was the only amount sent to that particular address. On-chain data shows the 35K missing to have been sent to another address on top of that. Wow. All...

Crypto.com is in the news again for another blunder of sending assets to the wrong address, something they’ve been doing alot of lately. This time, they sent 320K ETH to Gate.io, a DeFi protocol, which represented 82% of Crypto.com’s ETH holding at the time of this writing. Gate.io returned 285K ETH back, and after analysis, they confirmed that was the only amount sent to that particular address. On-chain data shows the 35K missing to have been sent to another address on top of that. Wow. All...

Let’s look past all the CeFi “hoopla” of the last few weeks and focus on how you can put your coins/tokens/assets to work for you. If you’re a HODL’er and hate watching your tokens just sit there idle, DeFi staking is for you. Let’s start with where you can find high APY DeFi staking. I use two major aggregators in this space; TLDR-style. As always, do your own research when investing:DeFi LlamaPossibly the king in this space, DeFi Llama is the place to go for the largest TVL aggregator in De...

Let’s look past all the CeFi “hoopla” of the last few weeks and focus on how you can put your coins/tokens/assets to work for you. If you’re a HODL’er and hate watching your tokens just sit there idle, DeFi staking is for you. Let’s start with where you can find high APY DeFi staking. I use two major aggregators in this space; TLDR-style. As always, do your own research when investing:DeFi LlamaPossibly the king in this space, DeFi Llama is the place to go for the largest TVL aggregator in De...

MetaMask had some blowback from the cryptoverse recently on news coming out about collecting IP addresses, but it looks like they might reversing course, sort of. In a statement, Consensys clarified their position on IP collection and an amendment to their policy:We retain and delete user data such as IP address and wallet address pursuant to our data retention policy. We are working on narrowing retention to 7 days and we will append these retention policies to our privacy policy in an upcom...

MetaMask had some blowback from the cryptoverse recently on news coming out about collecting IP addresses, but it looks like they might reversing course, sort of. In a statement, Consensys clarified their position on IP collection and an amendment to their policy:We retain and delete user data such as IP address and wallet address pursuant to our data retention policy. We are working on narrowing retention to 7 days and we will append these retention policies to our privacy policy in an upcom...

Blockparty CTO, Rikesh Thapa, has been officially charged of defrauding the start-up out of $1M, which started from his employment in December 2017 and September 2019. He collected the amount by apparently:Falsified reports and misrepresenting Bitcoin transactions, siphoning some into his own pocketSelling almost 174,285 of Blockparty’s tokens to interested buyer’s for cash, which some of the money he received was counterfeit, it was determined later onDeleting emails and other paper trailsHe...

Blockparty CTO, Rikesh Thapa, has been officially charged of defrauding the start-up out of $1M, which started from his employment in December 2017 and September 2019. He collected the amount by apparently:Falsified reports and misrepresenting Bitcoin transactions, siphoning some into his own pocketSelling almost 174,285 of Blockparty’s tokens to interested buyer’s for cash, which some of the money he received was counterfeit, it was determined later onDeleting emails and other paper trailsHe...