Reddit’s Co-founder Venture Firm and Polygon Join Forces in the Metaverse and Blockchain Gaming
Another $200 million enters the metaverse and blockchain gaming after Reddit’s Co-founder Venture Firm and Polygon join forces. The metaverse is touted as the future of the internet. Whether this will come to fruition depends on how investment-serious participants will be. For all that there is, the metaverse is more... Read More
Yes, Ethereum (ETH) is a Better Store of Value than Bitcoin (BTC): Australian University Researchers
Vitalik Buterin once said Ethereum is a smartphone and a necessary improvement to Bitcoin, which he thought was a calculator. As a smartphone, Ethereum can “install” a calculator while also serving so much more as a versatile global machine. The talk now is how Ethereum, given the implementation of EIP-1559,... Read More
3 Reasons Why the Bitcoin Bear Run is Over: On-chain Analysis
There are worrying cracks on Bitcoin. The daily chart shows that the BTCUSDT uptrend appears exhausted. Fissures were beginning to form, solidifying calls for tops. While it is true that indeed BTC prices might have peaked at $68k in the second half of 2021, optimists assert that there is more... Read More
Amazon Web Service (AWS) Technical Hitch Saw the $978 Million Layer-2 DeFi Cog, DyDx Disrupted
Decentralized operations are supposed to be just that, decentralized. Unfortunately, in the real world, perfection is hard. Even though crypto fans wish their precious digital assets to dominate, putting gatekeepers out of business, it is still sad that the core of some crypto validators and ramps depends on centralized third... Read More
Bitcoin Drops Below $50k, Bulls Defiant and Expect a Strong Pullback
It has been a disastrous weekend for the Bitcoin and crypto markets. On December 4, BTC prices crashed over 20 percent, temporarily dropping below $47k. This, according to analysts, mirrored losses posted on May 15 when BTCUSDT sunk to $24k, causing jitters across the board. Thus far, over $61 million... Read More
Ethereum Folks are Now Too Rich: Network Suffers from the “Founder’s Dilemma”
Crypto and DeFi aren’t without drama. Craig Wright claims to be the founder of Bitcoin but fails to provide the doubt-removing private keys. Then, there is the constant feuding in Ethereum. Over the years, the smart contracting network has grown to dislodge Bitcoin on transaction count. It is now the... Read More
The New German Coalition Government Wants a Fair Playing Field for Traditional and Blockchain Players
Crypto is disruptive and is a technological innovation that most people are now learning to embrace. After years of resistance, policymakers are warming up to financial technology and formulating fitting laws. Despite the blockchain rolling out a new technology eliminating the middleman, its innovations—such as cryptocurrencies—can’t exist in isolation. Applicable... Read More
Sandbox Alpha Hub to Launch on November 29, SAND Price Ripping Higher
The SAND token is leading the charge ahead of the Sandbox Alpha Hub. According to trackers, it has already more than doubled. Knowledge on Play-to-Earn (P2E) and GameFi is rising, accelerated perhaps by Meta’s (Facebook) mega plans on the metaverse. In the years to come, the social media giant could... Read More
ConstitutionDAO Fails to Win the Bid for the First Edition Print Copy of “The ‘Official Edition’ of The United States Constitution”
Meanwhile, in its quest to illustrate the capabilities of the People, the ConstitutionDAO—an online group–has failed to acquire the last privately owned, first edition copy of the U.S. constitution on Sotheby’s despite raising over $48 million from more than 17.5k users. Instead, auction records show that the “The ‘Official Edition’... Read More
Bitcoin Price Drops 17% Days After President Biden Signs the Infrastructure Bill
Bitcoin price drops, shedding 17 percent from November peaks. Nonetheless, a few altcoins are doing exceptionally well, defying gravity. From an eye-bird view, the crypto market is generally bleeding, taking a hit mostly from correcting Bitcoin. Still, there is no denying that it has been an incredible ride for the... Read More