Facebook’s centralized metaverse a threat to the decentralized ecosystem?
Facebook’s metaverse plans have caused discomfort in the crypto community, but there’s every reason to believe in a decentralized future for metaverses. Facebook has been planning its foray into the metaverse for some time now — possibly even several years. But it’s...
Alyse Killeen on Why Bitcoin Was Ready for Nation-State Adoption
This episode is sponsored by NYDIG.Download this episodeOn the final part of his three-part miniseries “Gratitude for Bitcoin,” NLW is joined by Stillmark’s Alyse Killeen, a venture capitalist focused entirely on the bitcoin ecosystem. Alyse explains how remarkable it...
Vitalik Buterin Proposes Short-Term Fix for High L2 Gas Fees
Ethereum co-founder Vitalik Buterin has put forth a proposal with Ansgar Dietrichs, a software developer for Ethereum. The proposal, called EIP-4488, is proposed as a short-term solution to the escalating gas fees experienced on Layer 2. The EIP4488 modification was...
NFTs as micro-social networks: The path to crypto adoption
Nonfungible tokens could be a step toward new social interactions, a notion that might not be as far-fetched as it sounds. Nonfungible tokens (NFTs) are evolving from a niche interest to a mainstream conversation. The variety of NFT art — from cuddly to edgy to...
El Salvador’s Chivo Bitcoin Wallet Still a Headache for Locals
The Central American country’s Bitcoin experiment has been slow going, as Decrypt found out from locals on the ground. Original Source: decrypt El Salvador’s Chivo Bitcoin Wallet Still a Headache for Locals
Nigerian Artist Davido Launches Fan Token That Gives ‘Power Back to the Fans’
Nigerian artist Davido has launched a fan token, the Echoke Social Token, that he says gives “power” to his millions of fans. Eliminating the Middlemen A Nigerian pop artist and celebrity, Davido, recently announced the launch of his fan token, the...
Krause House DAO Plans Potential Crowdfunded NBA Team Takeover
Two people who go by the pseudonyms Flex Chapman and Commodore have channeled their childhood aspirations of playing in the NBA into a way to own an NBA team. A group known as Krause House hopes to do something ambitious: raise funds to buy an NBA franchise. The group...
Finance Redefined: 1M ETH burned since EIP-1559, and Dorsey drops tbDEX white paper, Nov. 19–26
1 million Ether has been burned since the London hard fork, Square released a beta white paper for a decentralized exchange, and Grayscale predicted a $1-trillion metaverse market — all coming to you in this week’s Finance Redefined. Welcome to the latest edition of...
El Salvador Bitcoin City: ‘Absurd Political Stunt by a Delusional Dictator’, Says Steve Hanke
Steve Hanke has criticized plans by El Salvador to build a Bitcoin city, calling the initiative an “absurd political stunt by a delusional dictator.” El Salvador’s President Nayib Bukele announced on Nov. 20 that he plans to build a city that runs...
Germany’s New Government Is Bringing Crypto Front and Center
The new German government has explicitly cited cryptocurrencies and underlying blockchain technology in its coalition agreement. Original Source: decrypt Germany’s New Government Is Bringing Crypto Front and Center
On-Chain Analysis: Long-Term Holders Start Selling – Bitcoin Ready for Surge
Today’s on-chain analysis from BeInCrypto looks at indicators of the behavior of long- and short-term Bitcoin holders, the amount of supply they hold and the amount of (il)liquid BTC in circulation. The on-chain data shows that the market is at the end of the...
Grayscale Report Sees Metaverse as Potential $1 Trillion Business Opportunity
Grayscale, a leading cryptocurrency asset manager, seems to have set its gaze on the metaverse as a business opportunity. Yesterday the company released a report where it examined the feasibility of this interconnected virtual world and how these economies can provide...
Can Pulse Bomber Be a First-Mover to the New PulseChain Network?
Pulse Bomber – a new token and crypto mining application that has just launched on the Binance Smart Chain, is establishing itself as a prominent force in the crypto space. The project is making big plans to become a first-mover to the highly anticipated...
Bitcoin sentiment in 'wild' divergence from reality as $53K BTC triggers 'extreme fear'
Bitcoin price action is just 20% from all-time highs, but the market has reentered "extreme fear" for the first time since $43,000. Bitcoin (BTC) has stabilized at around $55,000 after dropping by $6,000 in a single day — but crypto market sentiment is still in...
Vitalik Buterin proposes calldata limit per block to lower ETH gas costs
Buterin issued a decrease-cost-and-cap proposal, which aims to achieve most of the benefits of the decrease Ethereum (ETH) co-founder Vitalik Buterin has proposed a new limit on the total transaction calldata in a block to decrease the overall transaction calldata gas...
‘Financial Inclusion’ — A Buzzword for Central Banks Who Secretly Despise Economic Freedom
The World Economic Forum (WEF) has released its latest report on “digital currency governance” this month, addressing stablecoins, cryptocurrencies, and “barriers to financial inclusion.” Like most central banks, regulators, think tanks,...
Democratic senators oppose President Biden's OCC Omarova nomination
Saule Omarova’s nomination for Comptroller of the Currency faces policy objections from Democrats and senate banking committee members. A group of five Democratic senators has reportedly rejected President Joe Biden’s nominee, Saule Omarova, to head the Office of the...
Paytm Founder: Crypto Is Here to Stay and Will Become Mainstream in 5 Years
The founder of Paytm, a major digital payment company in India, is “very positive about crypto.” Noting that cryptocurrency is here to stay, he expects it to become a mainstream technology in a few years. Paytm Founder Is ‘Very Positive About...
Binance CEO Says He and Warren Buffett Use Similar Investment Strategy but Doubts Buffett Has Skills to Keep Crypto Safe
The CEO of cryptocurrency exchange Binance says that he and Berkshire Hathaway CEO Warren Buffett share a similar investment strategy. However, he said he would not convince the Oracle of Omaha to invest in cryptocurrency. “I get worried if he uses crypto. He...
Major Estonian Bank LHV Starts Offering Cryptocurrency Trading via Bitstamp
One of the largest banks in Estonia, LHV, is now offering cryptocurrency trading directly from its app through crypto exchange Bitstamp. The bank says it is the “first bank in the Baltics to start offering crypto trading.” Large Estonian Bank Now Offers...
OKEx shared insights on trading, regulation, DeFi and more during recent Markets Pro AMA
Among many features, OKEx staff demonstrated how users could automate their trading process with no required coding knowledge on the namesake platform. Founded in 2017, OKEx is a centralized cryptocurrency exchange based in Seychelles. According to CoinGecko, OKEx is...
Damien Hirst Turns His Drake Album Art into 10,000 Ethereum NFTs
Hirst turned his cover for “Certified Lover Boy” into a series of 10,000 free NFTs for collectors who hold pieces from his earlier collection. Original Source: decrypt Damien Hirst Turns His Drake Album Art into 10,000 Ethereum NFTs
2021 Crypto Literacy Report Suggests 96% of Americans Fail to Comprehend Basic Crypto Knowledge
A recent study suggests that 99% of people from Mexico and Brazil and 96% of Americans fail to grasp the basic concepts of cryptocurrencies. Out of all the survey respondents aware of bitcoin, 17% in the U.S., 15% in Brazil, and 14% in Mexico own the crypto asset. The...
Bitcoin drops below $54K, stocks sell-off after new Covid variant emerges
Bears took control of BTC price after options markets flashed bearish signals, but should traders be worried? Deribit exchange is the absolute leader in the Bitcoin (BTC) options markets and on Nov. 24 the 25% delta skew indicator signaled that sentiment among pro...
El Salvador celebrates Black Friday, buys 100 BTC for 20% off
With the addition of the 100 coins today, El Salvador holds 1,220 BTC, worth roughly $66.3 million following the crypto asset's drop to the $54,000s. El Salvador President Nayib Bukele bought the dip again, investing more than $5 million into Bitcoin as the price...
El Salvador compra otros 100 bitcoins tras una caída del mercado de criptomonedas
El gobierno de El Salvador compró 100 bitcoin más, según tuiteó el viernes el presidente Nayib Bukele, mientras el precio de la mayor criptomoneda por capitalización de mercado caía hasta cerca de los $54.000.“El Salvador acaba de comprar el dip. 100 monedas extras...
Monitoring NFTs on OpenSea – Instant Notifications for Your Favorite NFTs
As we head into the end of 2021, the seasons may be changing, but NFTs remain hotter than ever. Depending on who you ask, the NFT market is now worth anywhere between $7 billion up to $10.2 billion – a staggering statistic was given that at the same time one...
El Salvador Buys 100 More Bitcoins as Crypto Market Falls
The government of El Salvador bought 100 more bitcoin, President Bukele tweeted on Friday, while the price of the largest crypto currency by market-cap fell near $54,000.“El Salvador just bought the dip. 100 extra coins acquired with a discount,” Bukele said.Bitcoin...
Hackers Are Attacking Cloud Accounts to Mine Cryptocurrencies, Google Says
Hacked Google Cloud accounts were used by 86% of the “malicious actors” to mine crypto currencies, according to a new report.Of the 50 hacked Google Cloud Platforms or GCPs, 86% of them were used for cryptocurrency mining, which typically consumes large amounts of...
Price analysis 11/26: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, AVAX, SHIB
Bitcoin and most major altcoins are on the verge of starting a deeper correction, which will signal that a short-term top may be in place. Bitcoin (BTC) and most major altcoins sold off along with global equity markets and crude oil on Nov. 26. The markets were roiled...
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