VCs have great reputations. They are thoughtful visionaries that bring disruptive technologies to the masses through their capital. They are wise oracles that guide inexperienced startups to glory. They are hyper-competent winners that bring immeasurable value to their investors. This couldn’t be further from reality. VCs act like entitled aristocrats. They expect you to kiss their rings, defer to them,…
Layer-two Ethereum scaling solution, Polygon has announced the establishment of Polygon ID, an identity platform designed to complement the decentralized finance and decentralized application (dApp) economies by providing users greater privacy and sovereignty within Web3. Professed to be the first identity platform of its kind to adopt cryptographic-based zero-knowledge technology, the platform will utilize Iden3’s Circom ZK toolkit, including zkSNARK…
Bitcoin’s (BTC) rally is taking a breather near the 200-day simple moving average (SMA) and that has resulted in what is either a minor pullback or consolidation in BTC and select altcoins. In the last few days, Terraform Labs has been on a Bitcoin buying spree. The wallet address speculated to be that of Terra, has received $139 million worth…
Tax season is upon us, and crypto investors have questions. Tony Dhanjal, Head of Tax at crypto tax software service Koinly, shares tips in this sponsored segment. Source: https://decrypt.co/videos/explainers/C1cAWSam/crypto-taxes-got-you-down-software-can-help
In brief Axie Infinity is a blockchain-based game in which players purchase NFTs of cute monsters and then pit them against each other in battles. Players can earn SLP tokens during gameplay and trade them for money at an exchange. A “play-to-earn” movement has emerged around the game, with players joining scholarship programs and academies. Non-fungible token (NFT) crypto collectibles…
In the past two years, law enforcement authorities in Malaysia have arrested hundreds of individuals for theft of electricity allegedly used to mint digital currencies. The country’s police force has also confiscated equipment worth millions of dollars. Malaysia Police Announce Results From Crackdown on Illegal Mining Since 2020, Malaysian authorities have detained a total of 627 people involved in crypto…
gm Podcast, Episode 6: Ditching Big Banks for Bitcoin With Caitlin Long Caitlin Long spent nearly two decades at big banks Credit Suisse and Morgan Stanley before she went all in on Bitcoin. Now her company Custodia is seeking to offer banking services to crypto companies long shut out by the big banks. She talks to Dan Roberts and Jeff…
OctaPharma launches a 32 location pilot that pays bitcoin for plasma donations. Swan Bitcoin collaborated with Spade Payment Solutions in order to create a smooth user experience that simply requires an email to be paid in bitcoin for donations. The pilot is on a limited-trial and participation is crucial to the continuation of the program, enabling bitcoiners to alleviate the…
AXS was trading lower on Wednesday, after it was reported that the Axie Infinity network Ronin suffered a breach, leading to hackers stealing over $620 million from the blockchain-based trading and battling game. This came as ZIL was trading by over 50% higher during the session. Zilliqa (ZIL) Zilliqa (ZIL) was up by over 50% in today’s session, as traders…
In brief A single Azuki NFT sold for $1.42 million worth of ETH last night. The anime-inspired Ethereum collection is one of the top NFT projects so far in 2022. Azuki, the hottest NFT project released so far in 2022 in terms of total trading volume, has just notched a new milestone. The Ethereum-based profile picture project, which debuted in…
