Crypto’s mainstream acceptance is almost already here, but many people still have unfounded fears we have to overcome. Ever since its inception and throughout its turbulent journey toward mainstream acceptance, crypto has elicited both enthusiasm and trepidation in equal measure. After the unfair battering it has received over the years, the time has come to...
Crypto execs signal their readiness to comply with sanctions, but decentralization itself puts crypto in a vulnerable position. It has been two weeks since Russia kicked off the first large-scale military action in Europe in the 21st century — a so-called “special operation” in Ukraine. The military conflict immediately triggered devastating sanctions against the...
To assess the value of an NFT, consider looking at various factors like ownership, utility, rarity and social proof. Understanding the valuation matrix There is no rule book on how to assess an NFT valuation. The metrics you use for evaluating private companies or conventional investment vehicles such as shares are simply not applicable to NFTs. Usually, the...
Doomsday outlooks for Bitcoin price action remain in focus as some whales and smaller buyers choose to go big on BTC at current levels. Bitcoin (BTC) further tested $38,000 overnight as the weekend began with uncertainty among traders. 3-day chart could be "precursor" for weekly Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $39,000...
Crypto education could be key to promoting financial empowerment and increasing mass adoption across Latin America — if we do it right. In October 2021, it was estimated that approximately 15% of the world’s supply of Bitcoin (BTC) was in circulation in Latin America. According to a recent report released by Crypto Literacy, however, 99% of Brazilian and Mexican...
Stripe has partnered with FTX, FTX US, Blockchain.com, Nifty Gateway and Just Mining to launch a crypto business suite. United States-based fintech giant Stripe has significantly ramped up its crypto initiatives after it launched a service that enables payments for NFTs and digital assets via fiat currency. Businesses can use Stripe’s new application programming...
The university hopes to discover new use cases for blockchain technology with a donation made by four alumni including Mike Novogratz and Joe Lubin. Prestigious Princeton University has launched an initiative to study the “decentralization of societal power” through blockchain technology in an effort to explore the vast depths of its social capabilities. For the...
SOL price is down 48% year-to-date and data shows that its decentralized apps use is fading out, but there are a few reasons to remain hopeful. 2022 has not been a good start for cryptocurrencies and to date, the total market capitalization has dropped by 21% to $1.77 trillion. Solana's (SOL) correction has been even more brutal, presenting a 48.5% correction...
LUNA, AVAX and OSMO have outperformed most altcoins, hinting that a DeFi revival could be in store. The layer-one (L1) ecosystem has received increased attention in recent months as users search for new investment opportunities in the Cosmos (ATOM), Fantom (FTM) and NEAR. Following January's market sell-off, where Bitcoin (BTC) price dropped to bottom below...
Investors are often lured to DeFi by the four-digit APYs on offer, but in many instances, impermanent loss actually siphons away any potential profits investors might have accrued. Impermanent loss is one of the most recognized risks that investors have to contend with when providing liquidity to an automated market maker (AMM) in the decentralized finance (DeFi)...
OpenSea’s latest vulnerability poses a larger and more deeper question relating to the global NFT ecosystem’s existing security infrastructure. Despite the ongoing volatility plaguing the digital asset sector, one niche that has undoubtedly continued to flourish is the nonfungible token (NFT) market. This is made evident by the fact that a growing number of...
Algorand's PPoS consensus algorithm distinguishes it from other blockchain networks that help solve blockchain trilemma. What is Algorand? Algorand is a blockchain network created in 2017 by Silvio Micali, an MIT professor who won the Turing Award for his work in cryptography. Algorand is a decentralized permissionless blockchain protocol that anyone can use to...
The digitization of humanity via AI and the metaverse is already inevitable, but will it lead us to a decentralized, better world or to a dystopian nightmare? Will the Metaverse(s) change humanity as we know it? Will the Metaverse(s) be the ultimate augmentation of human perception? Will it become an agora for our dreams (and, of course, nightmares), able to...
Much like other activity in the digital asset space, crypto lobbying has been picking up during the past year. Interaction between the cryptocurrency industry and Capitol Hill is becoming ever more intensive as efforts to regulate crypto grow in tandem with its popularity. The surge in crypto industry lobbying last year was given some concrete parameters in...
Worldwide nonfungible token trading was worth around $40 billion in 2021, and it has since attracted some big names in the sports industry. Athletes have been known to invest in a range of assets and businesses, but now they're also getting into cryptocurrency and blockchain. Nonfungible tokens (NFTs) are a relatively new form of tokens that allows for the...
The last time USDT premiums spiked so suddenly on Kuna was during the initial stages of the COVID-19 pandemic in 2020. Against the backdrop of an ongoing Russian invasion, the price of Tether's USDT stablecoin soared to as high as 36.97 Ukrainian hryvnia (UAH) ($1.23) on Ukraine's Kuna exchange on Thursday. The total trading volume of all cryptos on the exchange...
The tiny Pacific nation of Tonga could have Bitcoin as legal tender by Q2 and Bitcoin mining by Q3 of 2023. Lord Fusitu’a, a former member of the Tongan parliament, has shared a timeline for the country’s plan to adopt Bitcoin (BTC). A Tongan nobleman, Fusitu’a had previously disclosed the four-step plan, a copy of the Salvadoran Bitcoin playbook. Step one is...
The nation has a patchwork of largely crypto-friendly, region-specific rules that can finally get standardized. The United Arab Emirates is reportedly getting ready to start issuing federal licenses for virtual asset service providers (VASPs) by the end of the first quarter of 2022. The move is expected to become part of a complex regulatory framework that the...