The rulers of Dubai have created a committee that is mandated with tracking the latest developments in the digital economy. The committee is also expected to bolster the rulers’ quest to make Dubai a “key city in the metaverse.” Dubai Rulers’ Vision The Dubai rulers, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum the crown prince and the deputy prime…
Binance CEO Changpeng Zhao took to Reddit earlier today to discuss a variety of topics, including investment advise that he gives but doesn’t necessarily follow. “Investment wise, I am not a good example. I don’t diversify,” Zhao said. “I recommend most people to diversify. But for me, I am all in Binance.” He added that he’s “all in crypto, BNB,…
Following the Terra blockchain fallout and the great UST de-pegging event, the Terra network ecosystem is now a wasteland of almost worthless tokens and protocols. While both UST and LUNA were top ten crypto market cap contenders, Terra’s decentralized finance (defi) presence was second to Ethereum in terms of total value locked. Today, the remaining Terra-based token holders and defi…
Knoxville Bitcoin Network will be hosting a Bitcoin Pizza Day Meetup on March 22, 2022. This idea was brought up in our group chat and the event will serve as a way to pay homage to the legend of Bitcoin Pizza Day. Invite for Bitcoin Pizza Day in Knoxville, TN For those unfamiliar with Bitcoin Pizza Day, this is the…
You’ve seen it before. An amazingly talented gaming founder teams up with a top-tier studio, promising to create a wondrous game experience built on the industry’s most powerful engines. But then, it happens: It’s paired with a dubious shitcoin that launches well before even a morsel of game content drops. In the not-so-distant past, mainstream media may have referred to…
“Pizza For Bitcoins?” That is the title of a post from a user named “laszlo” dated May 18, 2010, on the obscure forum in a dimly-lit corner of the internet, bitcointalk.org. The request was straightforward enough, “I’ll pay 10,000 bitcoins for a couple of pizzas. Like maybe 2 large ones so I have some left over for the next day.…
According to current metrics, the Ethereum blockchain has burned 2.35 million ether since the implementation of Ethereum Improvement Proposal (EIP) 1559. The $8.10 billion in value was burned over the course of nine months and during the last seven days, 18,110 ether worth $34.9 million was destroyed. 2.35 Million Ethereum Burned — Ethereum Dev Says The Merge Could Happen in…
Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) It’s been a wild two weeks in Cryptoland, and nothing has been more dissected than the collapse of Terra’s algorithmic stablecoin UST, now trading at about 6 cents. But as the dust settles, how are things looking for other stablecoins? Circle’s USDC appears to have come out as a key winner among…
May 22 is now forever known as Bitcoin Pizza Day, the holiday marking the date in 2010 when the first real-world good was bought with the first decentralized digital money. Yet like every holiday, be it Thanksgiving or Valentine’s Day, Bitcoin Pizza Day might say more about those celebrating it today than any of the actual historical facts. Indeed, there…
SOL was trading lower to start the weekend, as prices slipped on Saturday. This comes as bears re-entered the market following a week of consolidation. ATOM was one of the biggest movers, falling by 10%. Cosmos (ATOM) After climbing by over 15% on Friday, ATOM was one of the biggest losers on Saturday, as prices fell by over 10%. ATOM/USD…
