NFT Steez chats with Worldwide Webb founder Thomas Webb to discuss the future impact of interoperability in Web3 and the Metaverse. On Nov. 11, NFT Steez, a bi-weekly Twitter Spaces hosted by Alyssa Expósito and Ray Salmond, met with Thomas Webb, the founder of the interoperable avatar game Worldwide Webb, to discuss the integration of...Continue Reading

According to the company, this will bolster its position as a global leader in crypto capital markets. Genesis trading announced on Nov. 10 that it will receive an additional equity infusion of $140 million from its parent company, Digital Currency Group. According to the company, this decision was made to “strengthen its balance sheet” and...Continue Reading

Ephemeral aspects of pop culture are becoming tradable commodities. That phenomenon will only grow in the years ahead. Attention is the lifeblood of Dogecoin (DOGE) and other memecoins. Much like earnings drive the price of corporate shares, the size and quality of attention captured by memecoins drive their price action. Successful crypto traders understand that...Continue Reading

The development comes less than 24 hours after the platform issued an advisory urging its users to close down trading positions Following an announcement made 24 hours ago that FTX US may halt trading on its platform, on-chain data reveals that the platform paused withdrawals from the United States-based platform on Nov. 11. The original...Continue Reading

FTX and Alameda’s Ponzi-like trading scheme has dealt a heavy blow to the entire crypto industry. Here are three developments to keep a close eye on. Up until the start of this week, Bitcoin (BTC) had been demonstrating record-low volatility, and this gave altcoins enough latitude to paint some nice technical setups.  At the same...Continue Reading

The proposed change would prevent certain coins that have fallen in value recently from being used as collateral. The MakerDAO Risk Core Unit, a key group within the MakerDAO governance system, submitted an urgent request today to change collateral parameters for the DAOs stablecoin, DAI. Primoz, a member of the Risk Core Unit team, posted...Continue Reading

Amy Wu’s resignation followed the news 134 companies associated with the FTX Group would be filing for bankruptcy under Chapter 11 in the United States. Amy Wu, an investor in FTX and the head of the firm’s venture capital arm, FTX Ventures, has reportedly resigned her position. According to a Nov. 11 report from The...Continue Reading

The DeFi market faced the heat of the FTX turmoil as well with the majority of tokens and projects registering a blood bath over the past week. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. The second...Continue Reading

Sam Bankman-Fried no longer qualifies for a listing on the Bloomberg Billionaires Index, while Elon Musk’s reported net worth has dropped by more than $86 billion in recent days. In a matter of weeks, two major players in the tech industry have seen their net worth drop by billions of dollars — partly the result...Continue Reading

The crypto market managed an 11% bounce from the Nov. 9 low, but a handful of metrics show a severe lack of investor confidence. The total cryptocurrency market capitalization dropped by 24% between Nov. 8 and Nov. 10, reaching a $770 billion low. However, after the initial panic was subdued and forced future contracts liquidations...Continue Reading