EVE Online, a massively multiplayer online role-playing game (MMORPG) in outer space, boasts one of the most hardcore, engaged audiences in gaming. And today, developer CCP Games announced that it has raised money to expand the EVE universe with a new Web3 game. CCP revealed today that it has raised $40 million in financing in a round led by Andreessen…
With public trust in large tech companies at an all-time low, Congress is once again considering comprehensive data privacy legislation. But the rise of blockchain technologies and the nascent decentralized web mean that these comprehensive proposals are already behind the times. Without major revisions, these legislative proposals risk strangling decentralizing technologies in the cradle. The 118th Congress has held many…
Xrp rose to a two-month high on March 21, despite crypto markets mostly consolidating in today’s session. The token surged by as much as 12% on Tuesday, whilst the global market cap is trading 0.51% higher as of writing. Cardano was also in the green today. XRP, formerly ripple, was one of Tuesday’s biggest movers, as prices rose by as…
According to a Mar. 21 report published by decentralized finance analytics firm OpenCover, DeFi insurance companies paid out $34.4 million in claims in 2022. In context, only $36.9 million of such claims have been paid out since OpenCover began tracking the data. Notable payouts include $22.5 million during the collapse of the Terra Luna ecosystem in May 2022 and $4.7…
Last week, Cointelegraph Markets Pro, an institutional-grade crypto intelligence and alerts platform, provided subscribers the opportunity to trade three coins that embarked on momentum-fueled price moves. The advanced data analysis tools at Cointelegraph Markets Pro used three alert systems to highlight these coins. Newsquakes™, which inform traders of potentially price-moving news alerts in real time, was triggered by Sommelier (SOMM)…
Cloud computing has become an important part of our lives, whether we realize it or not. Many of the services and applications we use on a daily basis, such as messaging and streaming music and video, are powered by cloud computing. Here are real-world cloud computing examples to know. Netflix Netflix uses cloud computing to provide streaming services to millions of…
According to a blog post published by developers of crypto wallet ZenGo, the firm said it had uncovered security vulnerabilities in, transaction simulation solutions used by popular decentralized applications, or dApps. Dubbed the “red pill attack,” this vulnerability allowed malicious dApps to steal user assets based on opaque transaction approvals offered to and approved by users. The vulnerability derives its…
Bestselling author Neal Stephenson spoke with Cointelegraph at the Paris Blockchain Week 2023, discussing various topics, including problems within the current Web3 ecosystem and the metaverse — a term Stephenson coined in his 1992 book titled Snow Crash. According to Stephenson, many of the current problems within the space come from people wanting to “financialize everything too fast.” Stephenson pointed…
In the early days of Bitcoin, Mt. Gox was by far the most prominent Bitcoin (BTC) exchange in the world. The Tokyo-based company was responsible for more than 70% of all Bitcoin transactions in 2013. However, by early 2014, it had collapsed spectacularly, leaving investors and traders with losses amounting to hundreds of millions of dollars. The downfall of Mt.…
So you’ve struck it rich in crypto? You’ll want to head to one of these countries to keep your newfound wealth. Source: https://cointelegraph.com/magazine/best-worst-countries-crypto-taxes-crypto-tax-tips/
