A crisis is a terrific catalyst for innovation. When things are going smoothly, it’s easy to nod and agree to a concept like this; however, this belief can easily go out the window when the wheels are coming off a venture you’ve built from the ground up. That is, innovation can’t just be a catchphrase within your organization. It has to…
Chinese billionaire and Alibaba founder Jack Ma will no longer control the fintech giant Ant Group as part of recent changes to the company’s corporate structure. Ant Group officially announced that Ma has agreed to give up control of Ant Group as part of the company’s further corporate governance optimization and restructuring. Prior to the change, Ma was the control…
Something I’ve noticed throughout my years as a PR consultant for dozens of crypto projects is that all founders want good PR, but few understand what it looks like. Founders and CEOs come to PR firms in the hopes that they will shape their image in the press, and about halfway through the engagement together, they tend to say, “Wow,…
Bitcoin rose to a four-week high on Thursday, as price surged above $18,000 hours before the upcoming U.S. inflation report. This comes as many expect today’s figures to show a considerable drop in consumer prices. Ethereum also moved higher, climbing above $1,400 in the process. Bitcoin Bitcoin (BTC) surged above $18,000 on Thursday, as markets prepared for a further drop…
Setting aside the criminal investigations of failed crypto businesses like FTX, Celsius, 3AC, Terra and others, 2022 set the record in illicit on-chain transactions. According to a yearly report published by Chainalysis on Jan. 12, the total cryptocurrency value received by illicit addresses reached $20.1 billion in the last year. The numbers aren’t final, as the measure of illicit transaction volume…
Avalanche (AVAX) has opened 2023 with a bang, rising nearly 55% in the first two weeks. And now, a mix of technical and fundamental indicators hints that the token will keep rallying into March. AVAX price breakout underway The AVAX/USD pair appears to have been forming a falling wedge pattern since May 2022 and has now entered the breakout stage of…
In the fourth episode of Hashing It Out podcast series, Cointelegraph’s Elisha Owusu Akyaw discusses the evolution of decentralized finance (DeFi) with DeFi Dad, a DeFi educator and investor at Fourth Revolution Capital (4RC). DeFi Dad got into the cryptocurrency industry in 2017; however, things really took off for him after the bull market top in early 2018. Despite the…
Microsoft co-founder Bill Gates doesn’t seem convinced of the importance of Web3 and the metaverse, saying that the technology is not “revolutionary”. Answering a question from a Reddit user regarding what current tech has the potential the internet did in 2000, the business magnate said: “AI is the big one. I don’t think Web3 was that big or that metaverse…
The agency overseeing the financial sector in Germany has issued a warning about the ‘Godfather’ malware attacking banking and crypto applications. Hundreds of these platforms have been targeted, the regulator noted, including those operating in the Bundesrepublik. Financial Authorities Advise Germans How to Protect Their Mobile Apps From Malware The Federal Financial Supervisory Authority of Germany (Bafin) has warned consumers…
Troubled cryptocurrency lender Nexo is facing more pressure from regulators as its offices have been reportedly raided as part of an international investigation. A group of prosecutors, investigators and foreign agents started searches of Nexo’s offices in the Bulgarian capital, the local news agency Standart reported on Jan. 12. The operation was reportedly initiated a few months ago, targeting a…
