There are positive signals for crypto as Bitcoin closed September with only a 3% drop, while venture capital was up 20.6% and security token volume was up 19.76%. The blockchain industry does not exist in a bubble. The impact of the rest of the world’s economic turmoil seems to be stomping all over the progress...Continue Reading
A few months prior, wrong network retrieval fees costed around 0.001 BTC on Binance. On Oct. 18, the product team at cryptocurrency exchange Binance held an ask-me-anything session with users on Reddit. Of particular interest was a discussion that arose regarding retrieval fees for crypto sent on different networks than the recipient’s wallet address on...Continue Reading
On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss how much longer this crypto winter could last. On this week’s The Market Report show, Cointelegraph’s resident experts discuss how much longer this crypto bear market could possibly last and when we could see some volatility back in the markets. To kick things...Continue Reading
Major food brands seem to be indicating that they plan to launch virtual food, drink and restaurant services in the future. A number of food companies have recently begun to position themselves within the Web3 ecosystem by filing trademark applications for the Metaverse and nonfungible tokens (NFTs). Licensed trademark attorney Mike Kondoudis shared in a tweet...Continue Reading
BTC price performance weakens after another crack at resistance near $20,000, but exchanges are showing a mounting tug-of-war between bulls and bears. Bitcoin (BTC) failed to break $20,000 despite a new weekly high on Oct. 18 as market watchers waited for action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin meanders as stocks climb Data...Continue Reading
The legal review authority will work to compile law reform proposals for public consultation in the second half of 2023. The Law Commission of England and Wales will set about reviewing private international legal challenges involving cryptocurrencies through a government-commissioned project. The review, launched on Oct. 18, will provide clarity on how international law approaches...Continue Reading
Bitcoin’s creator seemed to succeed where others failed — initially. What did he do differently? He rotated record-keepers. All revolutions have their dogmas, and the cryptocurrency/blockchain insurgency is no different. It’s an article of faith among crypto adherents that decentralization will solve many of society’s ills, including the problem of governance. Vili Lehdonvirta — an...Continue Reading
Novel can deploy smart contracts over the NFT collections and make them available to users for purchases on the Shopify storefront. Major global e-commerce platform Shopify announced a partnership with Novel, a no-code Web3 commerce platform, to make Web3 technologies accessible and approachable for all merchants. As part of the partnership, Novel launched an app...Continue Reading
A Ripple executive said the company believes that tokenization can transform the creator economy and create new business models. In September 2021, enterprise blockchain and crypto solutions company Ripple launched the Ripple Creator Fund, a $250 million initiative committed to providing creators with the financial, creative, and technical support needed to create non-fungible tokens (NFTs)...Continue Reading
While the Ethereum Merge failed to move Bitcoin from a price standpoint, the industry believes we have yet to see the effects of its shift from PoW to PoS. It’s been a month since Ethereum said goodbye to an essential feature its blockchain shared with Bitcoin (BTC). Called the Ethereum Merge, the long-hyped upgrade was...Continue Reading
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