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Nearly three years after Vitalik Buterin mocked his Stock-to-Flow model, anonymous analyst PlanB hit back, calling Ethereum a “centralized premined shitcoin.” PlanB, the anonymous analyst behind Bitcoin’s (BTC) Stock-to-Flow model, took aim at Ethereum (ETH) in a post on X, saying the project is looking worse than ever and arguing that centralized, premined coins like ETH— with proof-of-stake instead of proof-of-work and a flexible supply schedule — are harmful to the space and deserve to be mocked. Ethereum is really not looking good nowI know it’s impolite to gloat and all that, but I think shitcoins like ETH, that are…

At least 1,000 paintings that the artist Damien Hirst said were “made in 2016” were created several years later, the Guardian can reveal.Hirst produced 10,000 of the paintings, each comprising colourful hand-painted dots on A4 paper, as part of a project called The Currency that was born from the idea of creating a form of money from art.The year 2016 was inscribed on the works beside the artist’s signature. Hirst and the authorised seller of the paintings repeatedly said the physical works were created in 2016.When they went on sale in 2021, in a high-profile event at which buyers were…

Whale lost $17M on OM, signaling potential market capitulation 81% of holders seemed to be in losses as whales began some form of subtle accumulation A whale is in the news today after he realized a staggering $17 million loss after withdrawing 2.9 million OM from Binance at $6.46, and later returning just 1.72 million OM worth $1 million. This massive dump shocked the market and underscored the brutal impact of poor entry timing in highly volatile conditions.  The size of the loss has raised concerns about broader sentiment and potential aftershocks among other large holders. Mantra [OM], at press…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. In a surprising move within the crypto market, XRP has surpassed Ethereum (ETH) in a key valuation metric: Fully Diluted Market Capitalization (FDMC). While Ethereum has been in a downtrend this bull cycle, XRP’s performance over the last six…

By 2025, artificial intelligence will be more than just a trendy term; it will be essential to maintaining competitiveness. AI is changing how companies function across industries, from automating monotonous jobs to providing predictive analytics. One important question, however, comes up when integrating AI into your company: should you create an internal team or engage an AI consultant? This article helps you decide whether hiring an AI consultant is the appropriate course of action for your company by examining the financial and strategic benefits of doing so and contrasting it with internal AI initiatives. What Does an AI Consultant Actually…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows the Ethereum transaction fee has dropped to the lowest level in years recently. Here’s what this could mean for ETH’s price. Ethereum Average Fees Now Valued At Just $0.168 In a new Insight post, the on-chain analytics firm Santiment has discussed the latest trend in the Average Fees of Ethereum. The “Average Fees” is a metric that, as its name suggests, keeps track of the average amount of fees that senders on the ETH network are attaching with their transactions. This indicator’s value directly…

Terrill Dicki Nov 16, 2022 16:00 Red Bull Racing’s cars will feature a nonfungible token (NFT) on their livery in what is being called a first in F1. Lei the Lightning Azuki, an NFT artwork and character from the anime-inspired Azuki collection, will represent the team. The NFT team of Red Bull Racing is now in the driver’s seat for the last race of the season. Red Bull Racing will continue the trend of cryptocurrency and blockchain technology companies playing a significant role in Formula 1 by imprinting a nonfungible token (NFT) on…

E-Crypto News’ update provides the latest articles on technology and cryptocurrencies.Crypto exchange FTX began repaying the major creditors $11.40 billion, guided by the 2022 crypto values despite the substantially higher prices. FTX begins $11.40 billion payout to creditors Creditors will benefit from claims based on November 2022 prices when BTC was valued at 80% less than its current value.  Creditors with claims below $50,000 have […] e-cryptonews.com

Bitcoin’s price continued its upward trajectory today, rising $3,735 (4.42%), at the time of writing, to reach $88,300, seemingly driven by strong institutional buying and renewed momentum in alternative assets. The surge comes as gold breaks above $3,400 per ounce for the first time, currently trading at $3,431.10, underscoring a broader trend of investors seeking safe-haven assets. Since April 2, Bitcoin’s performance has also outpaced the Nasdaq, showcasing growing divergence between traditional equities and digital assets. One of the day’s key developments came from Strategy ($MSTR), formerly known as MicroStrategy, in which Chairman Michael Saylor announced the purchase of 6,556…

Crypto casinos generated more than $81 billion in revenue in 2024, even as regulators in key jurisdictions continued to block access to the platforms, according to a new report.Citing data from the anti-online-crime platform Yield Sec, the Financial Times reported that wagers paid in crypto in 2024 generated $81.4 billion in gross gaming revenue (GGR). This metric refers to the difference between bets taken and winnings paid out.  Yield Sec data also showed that the annual revenue for crypto casinos has increased five times since 2022, despite gambling sites being blocked in the United States, China, the United Kingdom and the…