Crypto communities can often implode, despite the best intentions of everyone involved. Genuine communities with plausible but convoluted project ideas can fail just as easily as projects like DeFi Wonderland, which imploded because of its CFOs connection to the controversial, defunct Canadian exchange QuadrigaCX. Plausible projects face scaling challenges like Zilliqa or project management problems...Continue Reading

The outcome of elections with pro- and anti-crypto political candidates could determine the future of digital asset legislation and regulation in the United States. On Nov. 8, registered voters across the United States will cast ballots for political candidates to represent them at the local, state, and federal level — and for some people, crypto...Continue Reading

Traders using builders to execute their complex trades could save a significant chunk of their gas fees as they no longer have to pay for failed transactions. Ethereum’s Shanghai upgrade, the next major upgrade post Merge, is slated for the second half of 2023. The upgrade would be a key milestone as it would allow...Continue Reading

Analytics tools can barely keep up as mass withdrawals appear to imply liquidity is evaporating. Bitcoin (BTC) and crypto markets fell heavily into Nov. 8 as contagion from the FTX debacle spilled over. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Analysts dismiss FTX insolvency fears Data from Cointelegraph Markets Pro and TradingView showed BTC/USD falling...Continue Reading

Entrepreneur Brad Mills said that decentralized finance rebuilt everything wrong with Wall Street on a blockchain. While decentralized finance (DeFi) is expected to be an upgrade to traditional finance mechanisms, some believe that denying users access to decentralized exchanges based on their wallets is a backward move.  In a tweet, entrepreneur Brad Mills criticized DeFi...Continue Reading

Bybit co-founder Ben Zhou stated that while no wrong-doing is confirmed, the BitDAO community would like to see proof of fund from Alameda. The recent concerns related to the volatility of FTX Token (FTT) seeped into FTX CEO Sam Bankman-Fried’s other business operation, Alameda Research, as the BitDAO community requested information about Alameda’s BitDao (BIT)...Continue Reading

Partially owned by the state, NTT Docomo aims to to accelerate the Web3 adoption in the Japan. NTT Docomo, Japan’s largest mobile operator with over $40 billion in annual revenue, partnered with multi-chain smart contract platform Astar Network to accelerate the Web3 implementation in the country. The joint effort will take the form of a consortium,...Continue Reading

The European Union’s Markets in Crypto-Assets legislation could create an easier environment for exchanges to operate in, according to Binance’s VP of Europe. Smaller cryptocurrency exchanges and start-ups could benefit from the European Union’s Markets in Crypto-assets (MiCA) regulation, according to Martin Bruncko, Binance’s executive vice president of Europe. Cointelegraph had a one-on-one interview with...Continue Reading

CZ signaled that he isn’t interested in an offer from Alameda to buy out Binance’s FTX Tokens saying they’d rather “stay in the free market.” Changpeng “CZ” Zhao, CEO of cryptocurrency exchange Binance appears disinterested in Alameda Research’s offer to buy out the crypto exchange’s FTX Token (FTT) holdings. Zhao responded to a question on...Continue Reading

DAOs may be where all the action takes place, but the genesis of new Web3 communities popping up on the scene starts at the NFT. Nonfungible tokens (NFTs) are giving Web3 communities the tools to transform user participation. The Web3 world has been watching NFTs grow up. These digital assets have evolved from hype-centered digital...Continue Reading