An engaged, loyal community is an essential ingredient in the long-term success of an NFT project. The members of a community of any type want to feel like they’re involved, connected and part of something that’s genuinely unique and valuable. That’s certainly true of the communities that support nonfungible token projects.  And it’s not just...Continue Reading

The second-biggest BTC “investor” in the world after Satoshi Nakamoto is staring down 10-figure losses. Bitcoin (BTC), worth over $7.2 billion, is still controlled by the United States government — but its losses are mounting. Data from on-chain analytics firm Glassnode shows that Washington’s seized Bitcoin total 210,429 BTC as of Oct. 31. 195,000 BTC...Continue Reading

Ethereum co-founder Vitalik Buterin pens an analysis of Ethereum’s layer-2 ecosystem, highlighting diverse approaches to scaling the smart contract blockchain. The Ethereum layer-2 ecosystem is likely to continue evolving with diverse technological approaches, according to co-founder Vitalik Buterin. The co-founder of the smart contract blockchain unpacked the current landscape of Ethereum’s scaling ecosystem on his...Continue Reading

At the time of bankruptcy, FTX faced a shortfall of $8 billion owing to its customers. Sam Bankman-Fried (SBF), the founder of cryptocurrency exchange FTX, claims that spending clients’ fiat deposits was just part of “risk management” for his intertwined crypto hedge fund Alameda Research. During the former crypto executive’s court testimony on October 31,...Continue Reading

Despite the remaining challenges and uncertainties, there emerges a guarded optimism enveloping the sector, symbolizing its resilience and adaptive nature. In the wake of notable collapses, fraud and skepticism — including the notorious FTX fall and subsequent trial of its leader, Sam Bankman-Fried — the cryptocurrency industry found itself under unprecedented scrutiny. Navigating through the...Continue Reading

Launched in September by two former Andreessen Horowitz executives, Bastion has acquired its first two money transmitter licenses in New Hampshire and Arkansas. Bastion, a new cryptocurrency startup created by former Andreessen Horowitz (a16z) executives, has secured two money transmitter licenses (MTL) in the United States. Bastion has acquired MTLs in New Hampshire and Arkansas,...Continue Reading

The stablecoin ecosystem has evolved significantly over the years, with new regulations and models shaping the landscape. The rise of digital currencies, exemplified by Bitcoin (BTC), brought a groundbreaking shift in the financial landscape.  However, it also brought to light a critical challenge: price volatility. Bitcoin and many other early cryptocurrencies exhibited extreme price fluctuations,...Continue Reading

Growing up in poverty in a Dehli ghetto, with an alcoholic father, Sandeep Nailwal went on to found the $6B Polygon crypto empire. From his childhood living in a ghetto on the east bank of the Yamuna river in Dehli to launching the $6-billion Polygon blockchain, Sandeep Nailwal has an incredible rags-to-riches tale. Now happily...Continue Reading

Microsoft and Siemens revealed a new generative-AI assistant catering to professionals in the manufacturing, healthcare, transportation and infrastructure industries. The German technology company Siemens has partnered with Microsoft and announced its new generative artificial intelligence (AI) -powered assistant the Siemens Industrial Copilot.  On Oct. 31, the companies revealed the AI assistant to promote “human-machine collaboration”...Continue Reading

Buffett’s bet on crypto-friendly Nubank has put Berkshire Hathaway $130 million in profit already this year. Warren Buffett may still view cryptocurrencies and Bitcoin (BTC) as “rat poison squared,” but he is generating big profits from his position in a crypto-friendly bank in 2023. Warren Buffett’s “crypto bet” up $130 million in 2023 The “Oracle...Continue Reading