AltcoinsSam Klemens

Coinbase to Offer Passive Income from Staking to its Institutional Investors
Altcoins
Coinbase to Offer Passive Income from Staking to its Institutional Investors
In a bid to help their clients earn money, and take a nice commission off the top for themselves, Coinbase has announced that they’re creating a service to let institutional investors stake coins for a profit. Initially the only coin available for staking will be Tezos although Coinbase has stated that they plan to support more coins down the road. How it Works Unlike proof-of-work which requires miners to secure…
Hacker Uses Exploit to Mint 2.25 Billion Stellar Lumens
Altcoins
Hacker Uses Exploit to Mint 2.25 Billion Stellar Lumens
When people think of Bitcoin they think of its limited supply. There will only ever be 21 million Bitcoin and this fact is one of the key design decisions that gives it value. Other cryptocurrencies make similar claims but it appears that, at least in the case of Stellar, the supposedly immutable code is not always as perfect as it claims to be. According to a recent report by Messari,…
Coinbase to Give Away $100 Million Worth of Stellar Lumens
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Coinbase to Give Away $100 Million Worth of Stellar Lumens
In a surprise move Coinbase has announced that it’s going to be giving away more than $100 million worth of Stellar Lumens (XLM) to users who participate in its Earn program. A generous gift to the cryptocurrency community or a shrewd move to increase demand for the protocol, it’s hard to say. In either case, here is how the program works. The Coinbase Earn Program In order to receive the…
Founder Selling Failed ICO on eBay for $60,000
Altcoins
Founder Selling Failed ICO on eBay for $60,000
A 21-year old Belarusian man is now turning to eBay in hopes of finding a potential buyer for his blockchain project, Sponsy. This comes after Sponsy unsuccessfully tried to launch an ICO in the summer of 2018. Finishing product development led Sponsy to miss the ICO craze Specifically, Sponsy’s founder, Ivan Komar, has spoken out regarding the failed ICO in a recent interview with Financial Times. In it, Komar expressed…