Amid Bitcoin (BTC) mining stocks such as Hut 8 Mining touching multi-month lows, a major industry executive has outlined key differences between BTC investment and investing in BTC-linked stocks. Ben Gagnon, chief mining officer of the major Bitcoin mining company Bitfarms, believes that direct BTC investment and exposure to BTC mining stocks are two “fundamentally different” investment strategies to suit…
Decrypt’s Kate Irwin interviews Kevin Seo, co-founder of Bored & Hungry, the BAYC-inspired burger joint in Los Angeles. Video shot and edited by Decrypt’s Jason Nelson. Source: https://decrypt.co/videos/interviews/8NN4zObC/inside-the-bored-ape-yacht-club-nft-restaurant-in-la
After suffering significant losses due to issues stemming from the COVID-19 pandemic, the sports industry has turned to crypto to recoup its losses and help fans stay connected with clubs in today’s socially-distanced world. Over the past 18 months, countless deals and sponsorships have been reported between Web3 projects and sports teams, and if things go as planned, this might…
Margaret Atwood is best known for her portrayal of dystopian societies, most notably in “The Handmaid’s Tale”—but now the Canadian author and poet plans to explore the potential for utopia in a new online class. And then turn the results into NFTs. Today, Atwood and virtual learning platform Disco announced plans to include Tezos NFTs as part of “Practical Utopias:…
Bitcoin (BTC) pierced $40,000 at the Wall Street open on April 26 as its latest relief rally lasted less than 24 hours. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $39,500 eyed as BTC safety net Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping from local highs of $40,800 on April 26. At the time of writing, volatility was in…
In brief The Sandbox is an Ethereum-based metaverse game that lets users buy virtual land and customize it with playable games and experiences. Celebrities and brands have flocked to the space, including Snoop Dogg, Adidas, Paris Hilton, The Walking Dead, Gucci, and more. The metaverse is coming! Excitement and speculation around the immersive future internet has skyrocketed since Facebook rebranded…
Following a brief rally on Tuesday, BTC once again dropped below the $40,000 level during today’s session. Wednesday’s selloff has seen prices fall by as much as 4%, whilst ETH also declined by the same amount. Bitcoin The world’s largest cryptocurrency moved lower on Wednesday, following a brief rally during yesterday’s trading session. Following a peak of $40,330.46 on Tuesday,…
Bitcoin (BTC) will cost $1 million by 2030, one of the industry’s best-known pundits insists, as countries worldwide shun the euro and United States dollar. In his latest blog post published o April 27, Arthur Hayes, former CEO of crypto derivatives giant BitMEX, doubled down on his sky-high price prediction for Bitcoin and gold. Bitcoin, gold, commodities… just not fiat In light…
In brief Bored & Hungry opened its doors earlier this month. Originally planned as a 90-day pop-up, due to popular demand, it’s now permanent. When Bored & Hungry opened its doors earlier this month, the idea was to be just a 90-day pop-up. But the Bored Ape NFT-inspired eatery has been such a hit that it recently announced it would…
The layer two (L2) Ethereum scaling project Optimism has announced the launch of Optimism Collective, “a large-scale experiment in digital democratic governance” managed by the newly created Optimism Foundation. In addition to the governance collective, the plan is to launch a token called “OP” that aims to “govern protocol upgrades and project incentives.” Ethereum Scaling Project to Launch the Optimism…
