This is an opinion editorial by Renata Rodrigues, global community and education lead at Paxful. Social Change Powered By Bitcoin: Part Two Bitcoin has true potential as a vehicle for social change. For philanthropies, bitcoin adds in a layer of accountability that fiat donations are unable to replicate. For nonprofits, this makes tracking donations easier and gives people unprecedented visibility…
U.S. President Joe Biden has been criticized for stating that the U.S. economy is “strong as hell” as inflation rises to a 40-year high. Meanwhile, the White House claims that Biden understands and “has done the work” to fix the inflation issue. Joe Biden Believes the U.S. Economy Is ‘Strong as Hell’ President Joe Biden was criticized on social media…
Over the past few years, decentralized autonomous organizations (DAOs) have introduced a clear paradigm shift in blockchain governance. With their community decision-making and adherence to hardcoded rules, they have challenged the role of hierarchy and central authority that are present in modern organizations, especially as it pertains to business. Ideologically, DAOs have a lot in common with democracies: individuals holding…
In brief Generative NFT artist Tyler Hobbs spoke with Decrypt about recent market shifts regarding honoring creator royalties. Most notable Solana NFT marketplaces have made paying royalties optional, along with some Ethereum marketplaces. The NFT space is changing amid the ongoing crypto bear market, as many marketplaces are choosing to either ignore or let traders choose whether to pay creator…
The much-anticipated Aptos, a VC-backed, layer-1 solution born from the ashes of Meta’s defunct Diem project, launched its mainnet on Monday. And its native cryptocurrency, APT, is now set to make its debut on the market. APT is to Aptos what ETH is to Ethereum, or SOL to Solana. The native coin of the Aptos blockchain will begin trading later…
Societe Generale-Forge, a subsidiary of France’s third-largest bank, has obtained registration with the Autorité des marchés financiers (AMF), the French financial markets regulator, as a digital asset service provider. Societe Generale’s Subsidiary Registers as Digital Asset Service Provider The digital asset subsidiary of Societe General Group, Societe Generale-Forge, is now registered with France’s financial regulator, the Autorité des marchés financiers…
Anime-inspired nonfungible token (NFT) project Azuki has released a Physical Backed Token (PBT) — an open-source token standard that ties a physical item to a digital token on the Ethereum blockchain. Azuki shared on its Twitter account that the first implementation of the PBT will use the BEAN Chip; a physical cryptographic chip that self-generates an asymmetric key pair.…
In late 2019, Twitter co-founder Jack Dorsey announced that his company had formed a small, independent group of developers and tasked it with a single objective: to create a decentralized social media protocol that could serve as the bedrock of a new standard for online connectivity, free from corporate and governmental influence. Twitter is funding a small independent team of…
Staked ETH withdrawal and lower gas fees are some of the developments expected with the next critical improvements for the Ethereum network, the Shanghai upgrade. The testnet version, dubbed Shandong, is now live. Developers can now begin working on the implementations; a process expected to continue until September 2023. This is the first major update since Ethereum‘s consensus switched to…
Bitcoin (BTC) has been trying to break above the $20,500 resistance for the past 35 days, with the latest failed attempt on Oct. 6. Meanwhile, bears have displayed strength on four different occasions after BTC tested levels below $18,500 during that period. Bitcoin/USD price index, 12-hour chart. Source: TradingView Investors are still unsure whether $18,200 was really the bottom because…
