DeFi space saw the resurgence of Andre Cronje nearly a month after his departure announcement while dYdX has pledged to go fully decentralized by the end of the year. The decentralized finance (DeFi) ecosystem was filled with ups and downs —mostly the latter— this week, with two very distinct hack attempts and a heartbreaking departure...Continue Reading
Bitcoin and altcoins continue to bounce off underlying support areas, raising the chance that a sharp down-side move could occur. Bitcoin (BTC) turned down sharply on April 21, maintaining its tight correlation with the U.S. equity markets, which reversed direction after U.S. Federal Reserve Chair Jerome Powell hinted that a 50 basis point rate hike...Continue Reading
As the world looks for convenience, decentralized applications must quickly adapt their offerings to meet user expectations set by Web 2.0. How are blockchain development platforms addressing these concerns? New blockchain development offerings are making it simple for Web 3.0 applications to implement push notifications. A practical solution to these UX issues would need to...Continue Reading
NFTs are a dime a dozen, but Micah Johnson’s Akutar NFT project aims to bring to light the value of diversity and inclusivity to Web3. Since the wake of the nonfungible token (NFT) boom, creators have been leaving their Web2 entities in droves and are carving their own lanes in the Web3 world. It’s not...Continue Reading
The exchange said it was “categorically false” that it shared user data with Russian regulators, and it had stopped working in the country following the invasion of Ukraine. Major crypto exchange Binance challenged the accuracy of a report, which stated one of its regional heads agreed to supply Russia’s financial intelligence unit with customer data...Continue Reading
2022 is shaping up to be the year for Web3. KuCoin, Framework Ventures and CoinDCX have all made a splash in this emerging paradigm. “Web3” used to be an empty industry buzzword that described the next iteration of the internet. In 2022, Web3 is still an annoying buzzword, but at least the blockchain community is...Continue Reading
Unfortunately, a vast majority of the stolen funds still remain in the hands of the hacker. Via a Twitter post on Friday, Changpeng Zhao, CEO of Binance, said that the cryptocurrency exchange recovered $5.8 million spread over 86 accounts in digital assets moved to the exchange by Lazarus Group. Last month, the North Korean cyber-criminal...Continue Reading
NFT.com is aiming to cultivate a democratic, community-governed NFT headquarters to compete with the industry’s top marketplaces and data aggregate platforms. Nonfungible tokens (NFTs) experienced a record-breaking year throughout 2021 in which sales volumes surpassed $14 billion, avatar collectibles permeated the mainstream market to become cultural status symbols, and avant-garde utility sparked innovative Web3 opportunities...Continue Reading
In addition to payments to bank accounts and debit cards, select content creators can now elect to have USDC earnings sent to their wallets. On Friday, Twitter and Stripe announced the rollout of crypto payouts for Stripe Connect. As told by the two companies, a select group of creators on Twitter will soon be able...Continue Reading
It’s looking like a dismal end to the week for both crypto and equities alike with losses increasing. Bitcoin (BTC) faced selling pressure at the Wall Street open on April 22 as markets began a rerun of April 21’s losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView No let-up for stocks or crypto as losses...Continue Reading
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