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Ethereum layer-2 solutions may focus less on token incentives in the future

11.3.2023
Token incentive models may become obsolete as layer-2 networks focus on ease of functionality and low fees, but how will this impact decentralization?

South Korea Doubles Down on Metaverse, Announces $51 Million Investment in Related Projects

11.3.2023
The Ministry of Science and ICT of South Korea has approved investments of $51 million in various metaverse projects, doubling down on its metaverse bet for the future. The investment includes a fund for supporting the growth of metaverse companies and another special investment to build several...

How Silvergate’s Crypto Collapse Differed From Silicon Valley Bank’s: No Bailout

10.3.2023
For all the angst this week about how troubles in the crypto industry are fueling a banking crisis, the reality, so far, is actually something else: Of the two banks that went under, the one squarely focused on crypto – Silvergate Capital – escaped the black mark of a federal bailout

Sam Bankman-Fried's bail conditions still too lenient, says judge

10.3.2023
U.S. district judge, Lewis Kaplan, expressed concern that Bankman-Fried could find ways to evade the restrictions and covertly communicate with others electronically

Reviewing Code is Mind-Numbing: Q&A With Bitcoin Maintainer Andrew Chow

10.3.2023
He stumbled upon Bitcoin in high school while looking for ways to pay for his favorite video games. He now reviews and improves Bitcoin’s code for a living. Sometimes it's boring, mind-numbing, but he does it anyway. Somebody has to

DAO Maker founder builds game based on abandoned Logan Paul project in just 30 days

10.3.2023
“Degen Zoo” has seen more than 115,000 wallets register to join the game, pledging over $700 million

Nigerian president-elect aims to use blockchain technology in the banking sector

10.3.2023
The Nigerian president-elect wants to review existing SEC digital asset regulations to stimulate economic growth

Discord Introducing 'AI' Stuff Nobody Asked For, Or Needs

10.3.2023
In a blog post published earlier today, Discord—a communications platform, and nothing more—announced plans to introduce what they call “AI” (but which should more accurately be called “machine learning”) to the service’s moderation, support and chat.Read more

Huobi’s HT Token Suddenly Drops 93%, Then Rebounds Just as Quickly

10.3.2023
Huobi’s HT token, the native token of the cryptocurrency exchange, momentarily dropped 93% on Thursday for reasons that are unclear

Women in Web3 advocate for increased diversity in the ecosystem

9.3.2023
Several women suggested that education and grassroots training can be effective tools in promoting diversity within the Web3 ecosystem

Report: Hong Kong Residents Lost More Than $216 Million to Crypto Scams in 2022

9.3.2023
According to Hong Kong police, in 2022 there were 2,336 reported crypto scam-related cases in which more than $216.6 million was lost. Although losses relating to crypto scams only constituted just over 10% of the nearly 23,000 reported technology crimes, they still accounted for more than half...

Arthur Hayes Proposes Bitcoin-Backed NakaDollar, Which Would Rely on Exchanges to Maintain Dollar Peg

9.3.2023
A stablecoin backed by $1 worth of bitcoin and 1x short of a bitcoin perpetual future can be used to provide stability to such a token, Hayes said

Blockchain Retail Market Size to Top Over $2 Billion by 2028 — Study

9.3.2023
According to Fortune Business Insights, the global blockchain retail market size is expected to surge from the $172.2 million recorded in 2021 to over $2 billion by 2028. Both the demand for the product by end-users as well as the growing use of the technology in supply chain management...

Bitcoin Proponents Slam Nobel Laureate Paul Krugman After Venmo Payment Issue

9.3.2023
Nobel Prize winner Paul Krugman complained on Twitter Wednesday that he was experiencing issues with the centralized payment processor Venmo. His tweet was followed by a barrage of bitcoin supporters who insisted that Krugman was now realizing the importance of censorship-resistant payment systems....