Cryptex Is Launching a Token That Tracks the Overall NFT Market Cap Cryptex CEO Joe Sticco joined Decrypt’s Dan Roberts and Stacy Elliott at Chainlink SmartCon 2022 to talk about how Cryptex is working with Chainlink and Coinbase Cloud to launch a token that tracks the performance of the entire NFT market and why such an asset might bring new…
Bitcoin enthusiasts on social media platforms have reiterated their annual petition to have the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel awarded to Satoshi Nakamoto. On Oct. 10, the Royal Swedish Academy of Sciences announced three recipients of the economic prize — former Federal Reserve chair Ben Bernanke, and U.S. economists Douglas Diamond and Philip Dybvig…
Patrick McHenry, ranking member of the United States House of Representatives Financial Services Committee, thinks the “conversation has become unmoored” about financial technology and needs to return to solving real world problems. He is in talks on legislation that may at least bring more clarity to stablecoins. Currently, there is no U.S. federal definition of digital assets or stablecoin, McHenry…
On October 12, the conservative influencer and political commentator, Candace Owens shared a letter on Twitter that shows JPMorgan allegedly closed Kanye West’s (also known as Ye) bank accounts. The hip-hop star and rapper has been accused of making antisemitic statements in recent times, and some of his tweets have been removed from Twitter. Political Commentator Candace Owens Shares an…
The function of crypto wallets has changed significantly over the last few years. They initially secured token holdings or served as art galleries with nonfungible tokens (NFTs). Today, they’ve become like bank accounts for many, and soon, they will offer even more functionality by enabling digital curriculum vitae (CVs). In a May 2022 paper, Ethereum co-founder Vitalik Buterin and others…
In brief Noted NFT artist Beeple is building a digital art studio in Charleston, South Carolina. The space will be used to create and share digital artwork, with aims to expose NFTs to new audiences. Mike “Beeple” Winkelmann made headlines last year with his record-breaking $69.3 million sale of NFT artwork at a Christie’s auction, and followed that up with…
In brief Magic Eden’s Solana NFT market share is quickly falling as trading platforms that reject creator royalties are gaining popularity. Hadeswap, a decentralized exchange-like alternative to traditional NFT marketplaces, claims a better model for traders and creators alike. The debate over NFT royalties is raging again, this time in the Solana NFT space—and marketplaces that eschew creator royalties are…
On Thursday, Ethan Buchman, co-founder of interblockchain communication (IBC) ecosystem Cosmos, said that a ‘critical security vulnerability’ had been discovered that ‘impacts all IBC-enabled Cosmos chains, for all versions of IBC.’ Buchman assured that steps have already been taken to ensure that all major public IBC-enabled chains have been patched, stating: “A chain is safe from the critical vulnerability as…
The crypto bear market may have scared off retail investors, but it hasn’t driven away venture capitalists looking to fund DeFi projects. Uniswap announced its latest raise of $165 million today, led by Polychain Capital. Joining Polychain Capital in the Series B funding round are a16z crypto, Paradigm, SV Angel, and Variant. “I’m so excited to announce that we’ve raised…
Forget about tracking DAO votes, DeFi transactions or data breaches across many channels and platforms. Your Web3 mailbox will handle it for you without requiring your phone number or legacy email address. Instead, your wallet address will receive and organize all this information. At least, these are some of the promises made by Web3 communications companies attempting to build the…
