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The Pros and Cons of Web2 Joining Web3


Li Gong is Partner at venture capital firm Youbi Capital.__________ Forget the “crypto bro”, web3 is rapidly maturing. Next-gen tech, funding interest, and emerging platforms contribute to a sector growing 40% every year. As a result, thought leaders, founders, and entrepreneurs are jumping ship...

El Salvador’s Bukele Says FTX Is ‘the Opposite of Bitcoin’


The President of El Salvador Nayib Bukele has called FTX the “opposite” of bitcoin (BTC). And the leader has equated the exchange’s chief Sam Bankman-Fried with notorious financial criminals like Charles Ponzi and Bernie Madoff. Bukele has been relatively quiet on all things bitcoin-related...

Web3 Must Overcome Significant UX Challenges to Reach Mass Adoption


User experience (UX) design affects nearly every waking moment of our lives. It’s not just digital either. Have you ever thought about the UX of doors? Perhaps a brief refresher of what UX is, will help. A useful definition of UX is as follows: ”A person’s perception and responses that result from...

Brussels Set to Begin Talks on EU Crypto Tax, Report Reveals


The European Commission is preparing to discuss with member states the adoption of a common tax regime for crypto assets, European officials have indicated. The talks with national treasuries are expected to start next year with the aim to end the differentiated tax treatment of cryptocurrencies...

Mastercard CEO: ‘Long Way to Go Before Crypto Becomes Mainstream’


The CEO of the payments giant Mastercard Michael Miebach argued that several elements need to come together before bitcoin (BTC) and crypto in general can go mainstream. In an interview with Yahoo Finance, the CEO was asked if the day will come when everybody will be paying in bitcoin, and Miebach...

Crypto Adoption: Number of Bitcoin ATMs in Canada Jumps 28% in One Year


The number of bitcoin (BTC) automated teller machines (ATMs) in Canada went up nearly 28% in a year and almost 190% in two years, according to data provided by Coin ATM Radar.  The number of Bitcoin ATMs currently installed in Canada is 2,549. On the first day of this month, the Coin ATM Radar...

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