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Here’s what that means – Cointelegraph Magazine

In the precariousness of Web3 open-source code, iterative development and “move fast” ethos, things break. And through breaking, things are also made. A new project allows anyone to create a copy of someone else’s NFT, aptly named “Mimics.” But how does Mimics work, and what does it mean for the NFT art market to have a new variety of fakes?…

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Bitcoin drops 1.5% on US market open amid warning miners may 'capitulate' in months
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Bitcoin drops 1.5% on US market open amid warning miners may ‘capitulate’ in months

Bitcoin (BTC) fell in line with United States equities on May 31 as the return of Wall Street began with a whimper. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Stocks take BTC price south again Data from Cointelegraph Markets Pro and TradingView showed BTC/USD returning to near $31,000 at the start of trading after markets returned from a public holiday. The…

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Crypto Fear and Greed Index Shows 'Extreme Fear' and Shaky Sentiment Persist – Market Updates Bitcoin News
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Crypto Fear and Greed Index Shows ‘Extreme Fear’ and Shaky Sentiment Persist – Market Updates Bitcoin News

For a few weeks now, bitcoin sentiment stemming from the Crypto Fear and Greed Index (CFGI) has been in the “extreme fear” range. While bitcoin gathered some gains on Monday, the CFGI is still in the “extreme fear” position with a ranking score of 16 out of 100. Crypto Fear and Greed Index Remains in ‘Extreme Fear’ Approximately 45 days…

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How to get a job in the Metaverse and Web3?
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How to get a job in the Metaverse and Web3?

Can you work in the Metaverse? The Metaverse is the next big career path on which to land an ideal job with firms like Meta, Roblox, Microsoft, OpenSea, The Sandbox (SAND), and the many others constructing it. So, if you want to know how to land a job in the Metaverse, you need to be aware of what your role…

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Amid P2E downturn, Sky Mavis turns to user-generated content for Axie Infinity
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Amid P2E downturn, Sky Mavis turns to user-generated content for Axie Infinity

On Tuesday, Sky Mavis, creator of the popular fantasy monster-battle nonfungible token (NFT) game Axie Infinity, announced that it had accepted the first user-created projects in its Axie Infinity Builders Program. Out of 2,000 applications submitted, just 12 were selected for the Builders Program. Among the many perks, chosen teams will receive a minimum $10,000 grant — denominated in Axie…

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Capitalism Under The Bitcoin System
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Capitalism Under The Bitcoin System

Get the full book now in Bitcoin Magazine’s store. This article is part of a series of adapted excerpts from “Bitcoin Is Venice” by Allen Farrington and Sacha Meyers, which is available for purchase on Bitcoin Magazine’s store now. You can find the other articles in the series here. Following Hernando de Soto, we see capital as “economic potential energy”;…

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Wealthy Coinbase clients are still 'hodling' Bitcoin since December 2020, data suggests
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Wealthy Coinbase clients are still ‘hodling’ Bitcoin since December 2020, data suggests

Bitcoin’s (BTC) price dropped by more than 50% after peaking out at $69,000 six months ago but the plunge did little in forcing some of its wealthiest investors into selling. Notably, the number of Bitcoin under Coinbase Custody for institutional clients rose by 296% since Q4 2020, showcasing the most investors decided to “hodl” onto their investments despite BTC price…

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'The Infinite Machine': Ethereum Origin Book Heads to the Screen
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‘The Infinite Machine’: Ethereum Origin Book Heads to the Screen

Among the first wave of books to chronicle the rise of cryptocurrency, Camila Russo’s The Infinite Machine stands out. It’s a fast-paced, punchy account of the creation of Ethereum; Decrypt called it a “skillfully woven story that, at times, reads like a thriller.” It’s unsurprising, then, that Hollywood soon came calling—but Russo didn’t want to make a film the usual…

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ETH Back Above $2,000 as Crypto Rally Extends – Market Updates Bitcoin News
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ETH Back Above $2,000 as Crypto Rally Extends – Market Updates Bitcoin News

ETH briefly rose above $2,000 on Tuesday, as crypto bulls were once again present in today’s market session. BTC was also higher, with the world’s largest cryptocurrency climbing to its highest point in nearly three weeks. Bitcoin Bitcoin rose to its highest level in nearly three weeks on Tuesday, as crypto prices continued to rally, following recent losses. Following a…

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BNB Chain releases year-long technical roadmap to develop ecosystem
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BNB Chain releases year-long technical roadmap to develop ecosystem

BNB Chain has announced the launch of a technical roadmap designed with the intention to enhance the network’s decentralized structure, infrastructural capacity for sidechains, and potential for developer-built decentralized applications (dApps) to improve performance and efficiency.  Announced at BNB Chain Revelation Summit, the document also revealed the latest iteration of the Most Valuable Builder incubation programme for aspiring Web3 software engineers. …

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