Dallas Mavericks, Mark Cuban’s NBA franchise, started a cashback rewards program to incentivize merchandise and ticket payments in Dogecoin (DOGE).
The rewards program is dubbed “Mavs Cryptomania,” and customers who spend more than $150 worth of Dogecoin in one transaction will receive a $25 e-gift card that they can use for online purchases in the Dallas Mavs shop.
Solana ($SOL) has not become the seventh-largest cryptocurrency by market cap as it continued its price discovery post breaching $100. $SOL has managed to gain over 70% in the past week itself even when the rest of the crypto market remained relatively inactive in terms of price momentum during the same time frame.
As every investor knows, getting in early with solid cryptocurrencies is difficult. Most launched crypto’s fall flat when trying to establish themselves. And with so many tokens on the market, investors are having a tough time choosing the right one to add to their portfolio.
The crypto market has made a solid rally over the last few weeks now moving past $2.23 trillion. Altcoins have delivered equal contribution along with Bitcoin in this recent bull run.
JPMorgan analysts have warned clients that cryptocurrency markets are looking frothy after the August trading boom saw spot market trading volumes once again top $1 trillion.
U.S. Magistrate Judge Sarah Netburn has ordered Ripple to produce one million missing Slack messages between employees which the Securities and Exchange Commission (SEC) has sought to access.
Curtis Sliwa, a candidate for New York City (NYC) mayor, said that he will make his city “the most cryptocurrency-friendly city” in the U.S. if he is elected. He joins a growing list of mayors and mayoral candidates in growing cryptocurrency adoption.
The Financial Sector Conduct Authority (FSCA), the South African financial watchdog has joined the long list of regulators to issue a warning against the Binance crypto exchange. In a public notice dated September 3, the FSCA called for caution among traders when dealing with the crypto entity as it has not been authorized by them to offer any services.
Half a billion dollars worth of Ethereum (ETH)—the world’s second-largest cryptocurrency after Bitcoin by market cap—have now been ‘burned’ after last month’s Ethereum Improvement Proposal (EIP)-1559, data from multiple sources show.
Input Output Hong Kong (IOHK), the company behind Cardano (ADA), says it has successfully added smart contract capabilities to its blockchain testnet.