From balloons in a Thanksgiving Day parade to an entire episode of Futurama — even after a crypto market downturn, digital assets made their way into different parts of pop culture. Society is past when even mentioning Bitcoin or Ethereum on a streaming series would make the news. Still, it’s good to look back on
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Luca Netz suggested that Pudgy Penguins is pushing for Web3/blockchain as a “back end not front end” approach, as it makes its IP as accessible as possible. The CEO of Pudgy Penguins — a nonfungible token project that recently launched a line of “phygitals” on Amazon despite the bear market — has offered one piece
Over the past year, Circle’s USD Coin has seen its market share decline from 34.88% to 23.05%. Tether’s USDT shows a contrasting picture. The market dominance of stablecoins pegged to the United States dollar has undergone some changes over the past year. While most of them are in a downward trend, Tether (USDT) has climbed
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Bitcoin supply in loss has risen to 68%, with 6.67 million BTC under water water at current spot price. Indeed, on-chain data shows 2.71 million BTC has fallen into loss as Bitcoin price dropped from the $31k local top. With sell-side risk ratio approaching its all-time lows, Glassnode analyst James Check says BTC could see
This is an opinion editorial by Konstantin Rabin, a finance and technology writer.Good ol’ bitcoin, the granddaddy of cryptocurrency, is increasingly being used as a reliable store of value for those looking to move away from the more established asset classes as it is continually proving itself as a solid hedge against inflation. In fact
The European Securities and Markets Authority (ESMA) has issued a warning regarding investments in assets like cryptocurrencies. They will remain unregulated in most countries until the EU’s Markets in Crypto Assets (MiCA) law is enforced across the Union, the regulator pointed out. ESMA Highlights Risks Related to Unregulated Products and Services for Crypto and Other
Bakkt’s chief product officer, Dan O’Prey, expressed his optimism about the future of Bitcoin and the company’s outlook on regulated markets when he chatted with Cointelegraph at Bitcoin 2023. The international regulatory environment for cryptocurrency is improving, and the company is eyeing a retail expansion on the continent, Bakkt chief product officer Dan O’Prey said.
The pioneering DAO allegedly offered “risk-free” products that cost American retail investors tens of millions of dollars in losses. A group of investors has filed a class-action suit against the Bancor decentralized autonomous organization (DAO); its operator, BProtocol Foundation; and its founders in the United States District Court for the Western District of Texas. The
This month, Ethereum will undergo the “Shanghai-Capella” upgrade, the largest network upgrade since the “Ethereum Merge” in 2022.“Shanghai-Capella” will enable the withdrawal of staked ETH from the Ethereum blockchain, completing its transition from a proof of work to a proof of stake network.The upgrade promises to usher in a new era of scalability, sustainability and mainstream adoption
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