“The sharp increase in inflation over the past year has blindsided many economists. Almost no one saw it coming.” –The Economist, November 2021 For me, this headline sums up the fiat clown world of 2021. For Bitcoiners, “brrr” has summed up the insanity of current monetary policy for a long time, and none of us are surprised in the least…
Toward the end of this week, crypto-assets rebounded in value after meandering for two weeks and consolidating. While specific tokens like decentralized finance (defi) coins, metaverse tokens, and smart contract coins improved a great deal, the meme-token economy increased in value as well, as a number of meme coins like dogecoin, shiba inu and dogelon mars have seen significant gains…
In brief SOS is an airdrop from OpenDAO, distributed to people who have spent money on OpenSea transactions. The token is up 960% in just two days. The project isn’t affiliated with OpenSea, but almost 200,000 wallets have claimed SOS tokens and the contract has a market cap of over $200 million. On Christmas Eve, anyone who had ever spent…
Crypto․com CEO Kris Marszalek has an issue with coinmarketcap.com’s exchange volume rankings, according to a tweet he published on December 25. Marszalek claimed in his tweet that the popular crypto aggregation website “arbitrarily reduced” the exchange’s ranking. Crypto․com CEO Complains About Coinmarketcap․com’s Exchange Rankings A recent tweet stemming from the CEO of Crypto.com’s Kris Marszalek indicates the exchange executive is…
Sebastian is the chief strategy officer at Coinsource, a Bitcoin ATM provider in the United States. “In 2022, we expect more countries to follow El Salvador’s lead and adopt Bitcoin as legal tender, particularly countries across Latin America and Asia. As a result, we anticipate an increase in the number of Bitcoin ATMs across Latin America, and also in Europe.…
Everybody inside and outside of the metaverse world knows that land ownership is important, and acquiring a plot of land is a very traditional investment. What most people outside of the metaverse world don’t quite understand — or are still not convinced of — is why people want to become landowners in the metaverse, and what such virtual land ownership…
Investors in Africrypt, the now-defunct South African crypto platform, were recently reimbursed a portion of their invested funds. The payments were made by Pennython Project Management LLC as part of a settlement offer that potentially ends claims against Africrypt’s runaway directors. White Knight Investor Identity Revealed Investors in Africrypt, a collapsed South African cryptocurrency investment platform, recently began receiving payouts…
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Cristina Dolan, co-founder and chief operating officer of InsureX Technologies, an alternative insurance marketplace based on blockchain, and CEO of InsideChains, which builds…
This week in coins. Illustration by Mitchell Preffer for Decrypt. Crypto markets have been festively surging over the last seven days. In the past week, crypto’s global market capitalization climbed 6.8% to $2.48 trillion, according to CoinGecko. Although the market’s top dogs Bitcoin and Ethereum both enjoyed seven-day gains, they didn’t lead the pack this week. Bitcoin’s price crossed the…
Tap Send, the creator of a remittances app of the same name, revealed it has raised $65 million in a Series B funding round. The fintech firm plans to use the funds to build a cheaper and faster cross-border money transfer platform. Remittances to Overlooked Countries The fintech startup behind the remittances app, Tap Send, recently said it has raised…
