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Crypto
The average person’s wealth will be ‘completely destroyed by inflation,’ says Arthur…
The majority of people will have their wealth progressively eaten away by the devaluation of money, according to Arthur Hayes, the co-founder and former CEO of crypto derivatives exchange BitMEX. According to Hayes, due to the huge amount…
Celo (CELO) Blockchain Joins Chainlink (LINK) Layer 2 Program Giving Developers Access to Data Feeds
"Our community’s goal in joining Chainlink Scale is long-term sustainability,” Xochitl Cazador, head of ecosystem growth at the Celo Foundation, said in the statement. “Developers building on Celo now have access to Chainlink's oracle…
PancakeSwap wants to cap token inflation rate between 3% to 5% per annum
Decentralized exchange (DEX) PancakeSwap wants to lower its token inflation to anywhere between 3% to 5% per annum, far below current rates of over 20%. In a proposal released on Apr. 18, the DEX cited the need to transition PancakeSwap…
France Publishes Metaverse Consultation, Seeking Alternative to Dominance by Web Giants
"The immersive virtual worlds of tomorrow can take many forms," said the consultation which is open until May 2, with virtual and augmented reality, game engines and the blockchain technology that underpins cryptocurrency among them. The…
SEC reaches ‘agreement in principle’ to resolve insider trading case of Coinbase product…
The United States Securities and Exchange Commission is moving forward with a resolution to the case against a former product manager at Coinbase Global accused of insider trading.In an April 3 filing in U.S. District Court for the Western…
Staking Protocol EigenLayer Raises $50M Amid Crypto Winter
“One of the central bottlenecks to innovation in today’s crypto ecosystem is the requirement for projects to bootstrap trust, or cryptoeconomic security,” said EigenLabs founder and CEO Sreeram Kannan in the press release. “We started…
Why is Bitcoin rising amid collapsing banks? Watch The Market Report
This week on The Market Report, our beloved host, Joe Hall, and insightful expert, Sam Bourgi, unfortunately, could not make it, but don’t worry because Marcel Pechman is here to discuss why he thinks Bitcoin’s (BTC) price is rising amid…
Metaverse Fashion Is on the Rise, but for Whom?
Digital fashion is nascent in the Web3 space, with the potential to onboard millions of users in the coming years. But, as brands work out who to target with hard-to-fathom technology. adoption is still in its early stages. This piece is a…
Bitcoin ASIC manufacturer Canaan saw 82% revenue drop in Q4
According to a new filing with the U.S. Securities and Exchange Commission on Mar. 7, Canaan, a Chinese Bitcoin (BTC) miner and manufacturer of application-specific integrated circuit (ASIC) mining machines, reported that its revenue…
Why Not Donate Dead NFT Wallets?
I suspect the Internal Revenue Service (IRS) will resist deductions for donations of dead wallets because the owner can’t actually sell them. But its own decisions say otherwise. When New York art dealer Ileana Sonnabend died in 2007, her…