Coinbase to Offer Passive Income from Staking to its Institutional Investors

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 … Continue reading Coinbase to Offer Passive Income from Staking to its Institutional Investors

Hacker Uses Exploit to Mint 2.25 Billion Stellar Lumens

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 … Continue reading Hacker Uses Exploit to Mint 2.25 Billion Stellar Lumens

Coinbase to Give Away $100 Million Worth of Stellar Lumens

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, … Continue reading Coinbase to Give Away $100 Million Worth of Stellar Lumens

Founder Selling Failed ICO on eBay for $60,000

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 … Continue reading Founder Selling Failed ICO on eBay for $60,000