Economics is the study of human behavior involving scarce resources — and the effects those behaviors have on those resources, explains Roderick McKinley. Tokenomics in crypto is a related but different field. Tokens are a way for projects to raise funds and build communities, and designing the way they work can be much more complex than traditional equity raises —…
In brief Sweatcoin is a popular Web2 app that boasts over 100 million users already. Its shift into crypto is helped along by $13 million in funding from the NEAR Foundation, Jump, and others. Users earn for taking steps, but can also get dinged by penalties for inactivity. Popular health and fitness app Sweatcoin is making a major transition from…
According to the Law Commission, the United Kingdom statutory body, digital assets play an increasingly important role in modern society and as such, the law relating to these must be reviewed. Reforming the laws will not only protect the rights of users and maximize the potential of digital assets but can potentially position England and Wales “as a global hub…
The metaverse infrastructure company closed a seed funding round to continue development of 3D live streaming technology. Condense raised $4.5 million in a round led by LocalGlobe, 7percent Ventures and Deeptech Labs. Technology employed by Condense live streams 3D videos into the metaverse via games and existing platforms. The firm states that such technology has the potential to create an…
Foundry has released a new logistics arm to serve as a one-stop shop for all things related to bitcoin mining infrastructure.Foundry Logistics enables transparent and efficient monitoring of shipments allowing customers to accurately time the market. Foundry also recently launched a one-week course for those looking to become bitcoin mining technicians in New York. Foundry Digital LLC, a bitcoin mining…
The promise of owning and managing one’s own data is revolutionary, creating increasing interest in Web3 platforms and applications. For instance, recent findings show that the Web3 market was estimated to be worth around $2.9 billion last year, yet this number is expected to reach $23.3 billion by 2028. Web3 is also capturing the interest of venture capitalists, as Cointelegraph…
Crypto prices surged in today’s session, as markets continued to react to the Federal Reserve’s latest interest rate hike. The Fed opted to raise rates by 75 basis points (bps) for a second consecutive meeting. Bitcoin briefly rose above the $23K mark earlier in the day, with ethereum rallying to a fresh six-week high over the $1,600 mark. Bitcoin Bitcoin…
When Ethereum was launched in July 2015, the world was introduced to the concept of smart contracts that hoped to revolutionize the blockchain space and allowed anyone from developers to enthusiasts to deploy decentralized applications (DApps) on the Ethereum mainnet. With various DApps currently in use across different blockchains like Ethereum, they offer many use cases including banking, gaming, finance,…
Following the chaos caused by counterfeit tickets in the UEFA Champions League 2022, crypto exchange Binance has launched the pilot of its nonfungible token (NFT) ticketing solution with football club Società Sportiva Lazio for the 2022 to 2023 season. In the announcement sent to Cointelegraph, Binance highlighted that NFT tickets will solve the issue of fake tickets and eliminate scalping,…
This is an opinion editorial by Stephan Livera, host of the “Stephan Livera Podcast” and managing director of Swan Bitcoin International. The debate rages on about what the proper roles of bitcoin, “crypto” and lending should be. What kind of credit should we have, if any? What is fiduciary media and do we need it? Or should it all be…
