In the last two years—particularly, since Elon Musk’s divisive purchase and overhaul of Twitter in late 2022—a number of upstart decentralized social media protocols have attempted to harness the transparent, uncensorable power of blockchain networks to improve the online social experience. Farcaster is the latest such project to do so. Now, it’s making waves after releasing a key update that…
Month: February 2024
Unveiling the Future: 5 Mind-Blowing Uses of the Apple Vision Pro
The Apple Vision Pro has arrived, and early adopters are already savoring wearable experiences that showcase the apparently vast potential of the headset. While the $3,500 price point might put it out of reach of many prospective buyers, some of these mixed reality and spatial computing apps might convince you to dig the loose change out of the couch and…
Solana Hunger Games: Explained in One Minute or Less
Solana Hunger Games: Explained in One Minute or Less Rug Radio Creator and crypto influencer AshleyDCan explains the latest sensation taking over timelines on Crypto Twitter, Solana Hunger Games. The new “crypto AR” game from GG.zip is backed by Delphi and plans to launch in the spring. Here’s what going on, explained in one minute or less. Source: https://decrypt.co/videos/explainers/9R1qQMVk/solana-hunger-games-explained-in-one-minute-or-less
The Bitcoin Power Law: A Mathematical Approach to Predicting Bitcoin’s Price
The Bitcoin Power Law is a predictive model developed to forecast the future price of Bitcoin. Created by Giovanni Santostasi, a former physics professor, the model purports to use mathematical and scientific principles to map out Bitcoin’s price trajectory on a log-log scale. This guide aims to explain the foundations of the Bitcoin Power Law, its predictions, and its implications…
Bitcoin Price Flat, But There Could Be Turbulence on the Horizon
Bitcoin (BTC) may not be moving much on Monday, but a number of altcoins are flying. The Bitcoin price has barely budged in the past 24 hours. Monday morning Eastern Time it had moved by less than 1% and was trading for $43,234 per coin, according to CoinGecko. But last week, the biggest cryptocurrency by market cap was the main…
Bitcoin ETFs Put BlackRock and Fidelity Among January’s Top 10 ETFs
BlackRock and Fidelity’s spot Bitcoin ETFs landed in the top 10 for all ETFs by net asset flows for the month of January, according to a recent report from U.S. financial services firm Morningstar. It’s an impressive feat when you consider that neither ETF was actually available to investors for the entire month. Each fund, the iShares Bitcoin Trust (IBIT)…
Terraform Labs Former CFO Extradited From Montenegro to South Korea
Terraform Labs’ former chief financial officer, Han Chang-joon, has been extradited from Montenegro to South Korea. In an official announcement referring to Han Chang-joon by his initials “J.C.H.”, Montenegro’s Ministry of Justice stated that he had been handed over by officials of the NCB Interpol Podgorica and the Special Police Unit to the “competent judicial and police authorities of South…
South Korea Regulator Plans to Meet SEC Chair Gensler, Discuss Bitcoin ETFs
The head of South Korea’s financial regulator, the Financial Supervisory Service (FSS), plans to meet with U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler to discuss spot Bitcoin ETFs. According to local publication Hankyung, FSS governor Lee Bok-Hyun presented a business plan for the year ahead on February 5, detailing plans to visit “advanced financial markets” including New York. Lee…
Bitcoin Champion Nayib Bukele Clinches Re-election in El Salvador
In a significant political development, El Salvador President Nayib Bukele, known for his pro-Bitcoin stance, has been re-elected as President of El Salvador according to exit polls. Since assuming office in 2019, Bukele has garnered attention for his policies aimed at reducing gang violence and embracing Bitcoin as legal tender—a pioneering and controversial move globally. His administration’s introduction of the…
‘The Everything Token’ Book Explains the A-to-Z of NFTs—And Why They’re Here to Stay
“The Everything Token: How NFTs and Web3 Will Transform the Way We Buy, Sell, and Create,” the new book co-authored by Steve Kaczynski and Scott Duke Kominers, is making waves for its unique approach to demystifying NFTs and blockchain for a broad audience. Since its January 23 release, “The Everything Token” has garnered substantial support from key figures in the…