More than a quarter of Australian crypto users surveyed in October plan to use digital assets as a part of their Christmas presents this holiday season. The survey by crypto wallet and services provider Crypto.com polled 2,020 Australians aged 18-59. Of those that had used crypto over the past 12 months, 26% responded that they would consider giving some away for Christmas or buying crypto-related gifts. More than half, or 53% of those planning to buy crypto gifts, said they would consider purchasing crypto assets, like Bitcoin (BTC) or Ethereum (ETH) for their loved ones this Christmas. The survey also …

A crypto user who lost roughly $50,000 from a smart contract mistake before the holidays is thanking the crypto community for donating $11,000 to help recover the loss. Earlier this month, Github user dawidkabani13 said he had accidentally sent 4,005 Chainlink (LINK) — worth roughly $47,000 at the time — to an immutable Aavegotchi (GHST) smart contract on the Ethereum blockchain. He immediately realized that it did not support operations for the token and reached out to the crypto community asking for any and all help to recover his "life savings." The crypto user offered a 1,000 LINK reward and …

On Christmas day, decentralized exchange aggregator service 1inch has released its governance and utility token. As part of the launch, the platform airdropped 90 million 1INCH tokens to users who had previously traded on the exchange. According to data from on-chain analytics provider Dune, the highest recipient of the free token distribution received 9,749,686.003 tokens that were worth about $27.5 million at the peak price of $2.8 per token. An examination of the address with the largest initial claim shows significant yield farming activity with a lot of lending and loan collateral supply transactions. The address also has been active …

A number of decentralized finance protocols experienced volatility around the $1 billion mark in 2020, briefly making some of them unicorns in the crypto space. Though the 2020 numbers are comparable to the number of projects that emerged as unicorns during the 2017 initial coin offering boom, Gemini co-founder Cameron Winklevoss said in September that DeFi protocols have more staying power: "Back then, money was raised on shitcoin white papers written in a coffee shops. DeFi is already live and working in the wild. Billions of dollars are at work earning positive yield. This isn’t hypothetical vaporware, this is real." …

The mainstream has taken a growing interest in cryptocurrency as the price of Bitcoin (BTC) continues to reach all-time highs. To put this interest into perspective, researchers at the Cambridge Centre for Alternative Finance recently found that 101 million people across the globe currently hold Bitcoin and other digital assets. The report states that in 2018, findings estimated the number of identity-verified digital asset users to be about 35 million globally. With such growth underway, it shouldn’t come as a surprise that crypto holders would get the idea of gifting cryptocurrency this holiday season. Social distancing requirements amid the pandemic …

Darren Kleine, known to most by his handle DKleine, is an NFT artist with a decidedly specific niche — Zombies. We’re talking crypto zombies, political zombies, mustachioed Salvador Dali zombies. Zombies of all shapes, sizes, and orientations! If it’s green, dismembered, and loves the savory taste of a good brain, it’s ripe for tokenization (and charity) so far as Mr. Kleine is concerned. What started as a quasi-political statement just a few short months ago (his first zombie NFT was a decaying Donald Trump, still running for president in 2040) has now blossomed into a fully matured signature aesthetic. And …

As we find ourselves already knee-deep into December, it has become increasingly difficult to ignore that certain festive je ne sais quoi that always seems to permeate the air during this time of year — yes, even in this globally most horribilis of annuses, (whisper it) 2020. The shops — well, those of them that haven’t been permanently shuttered, or at least forcibly quarantined, by the coronavirus pandemic that has defined much of our lives for the past 12 months — have been pumping out seasonal tunes for what already seems like an eternity. However, take heart in the fact …

On Christmas Eve, Crypto Claus did his rounds after checking the list to see who was naughty and nice. But who got some lovely presents after making a positive impact in 2019 — and who got coal for setting the industry back? Here, we take a look at the people and businesses who have had a year to remember — and those who have had a year to forget. The naughty list Some crypto players were resigned to getting coal rather early on in 2019. Right at the start of the year, John McAfee suddenly announced he was fleeing the …

Christmas is just around the corner, which means it’s time to get your holiday shopping out of the way for good. And while online retail giants such as Amazon and eBay have made online purchasing wonderfully simple for the average person, they do not really cater to a growing population of individuals who are looking to use their crypto for digital payment purposes. While a number of startups have entered this space over the last three to four years due to issues relating to market volatility, certain remaining setbacks need to be tackled before the sector can really flourish. But …

The December 14 deadline has come and gone. Now, with only a few days before Christmas, we are currently keeping a close eye on the price on Virtex.com, which we will compare with the flood of predictions we have received from our readers. In the spirit of our previous installments on Bitcoin price predictions, Cointelegraph readers had the chance submit their own predictions in our very own X-Mas Price prediction contest where the winner will receive 2 BTC compliments of Cointelegraph and Virtex, while US$500 will be collected by the runner up, compliments of EgoPay. The Moment of Truth The …