Despite a strong emphasis on “social status” in India, holding a Bored Ape Yacht Club NFT there isn’t impressing anyone. Despite ranking as one of the highest adopters of cryptocurrency among emerging markets, the majority of the Indian market is yet to embrace nonfungible tokens (NFTs). In an interview with Cointelegraph, Totality Corp Founder and...Continue Reading
Buterin believes collusion and corruption can be minimized when deciding power is in the hands of the entire group, rather than an individual or small minority. Ethereum co-founder Vitalik Buterin has come out swinging in defense of Decentralized Autonomous Organizations (DAOs), arguing that in some circumstances they can be more efficient and fairer than a...Continue Reading
It’s reported the bills’ definition will cover “endogenously collateralized stablecoins,” which depend on the value of an attached cryptocurrency from the same creator for it to maintain a stable price. Draft legislation in the United States House of Representatives would place a two-year ban on new algorithmic stablecoins such as TerraClassicUSD (USTC) which de-pegged from...Continue Reading
Bloomberg crypto analyst Jamie Coutts believes it’s a “missed opportunity” that traditional asset managers choose not the educate themselves on crypto. Jamie Coutts, Crypto Market Analyst for Bloomberg Intelligence argues that “falsehoods” and “fear of the unknown” is what has been holding back traditional portfolio managers from investing in cryptocurrency. Speaking to Cointelegraph during the...Continue Reading
Crypto is just the tip of the iceberg, experts tell a U.S. House Financial Service subcommittee in testimony on payment systems and national security. Non-crypto alternative payment systems pose a serious threat to United States security, according to testimony presented at a U.S. House Financial Services Committee Subcommittee on National Security, International Development, and Monetary...Continue Reading
The recent Ethereum upgrade highlights staking opportunities for institutional holders. In the short term, however, liquidity is still an issue, . The Ethereum blockchain’s carbon footprint is expected to reduce by 99% following last week’s Merge event. By positioning staking as a service for retail and institutional investors, the upgrade could also have a significant...Continue Reading
The Litecoin blockchain has been up and running for over a decade with no downtime. Litecoin (LTC), known as “the silver to Bitcoin’s gold,” has been around for almost 11 years — which is quite a feat considering a fair amount of cryptocurrencies go bust within 12 months of launching. Cointelegraph spoke with the Litecoin...Continue Reading
The marketplace intends to prioritize storytelling by allowing NFT creators to design customizable drop pages, share images, videos and more. OpenSea, the digital marketplace for crypto collectibles and non-fungible tokens (NFTs), has launched a new initiative to make it easier for creators to create and distribute NFTs on its marketplace. As part of this new...Continue Reading
Crypto and stock markets continue to correct, but that doesn’t mean all the investment opportunities are gone. Prices remain soft across the market as traders await Federal Reserve Chair Jerome Powell’s statement on the size of the next interest rate hike. At the moment, the market consensus is a 0.75 bps rate hike and a...Continue Reading
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