The Ethereum creator’s utopia seems a lot like a decentralized autonomous organization, but with taxes. Source: https://cointelegraph.com/news/vitalik-buterin-radical-scheme-pseudo-decentralization-of-entire-cities?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
Polymarket Hits Record $472.87M in August Volume Amid Election Betting Frenzy
The blockchain-powered prediction market Polymarket saw an additional $85.84 million in trading volume during August, marking a notable uptick from July. August’s volume of $472.87 million set a new high, surpassing every month since Polymarket’s inception. Polymarket Volume Soars in August While some sectors faltered in August, Polymarket thrived, setting new records with $472.87 million […] Source: https://news.bitcoin.com/polymarket-hits-record-472-87m-in-august-volume-amid-election-betting-frenzy/
Area 51 for AI? US gov secures early access to cutting edge models
It’s unclear whether the government would be required to inform the general public in the event an AI model becomes sentient. Source: https://cointelegraph.com/news/area-51-ai-us-gov-secures-early-access-cutting-edge-models?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
This Week in Crypto Games: ‘Hamster Kombat’ and ‘Rocky Rabbit’ Airdrop Dates, New NFL Rivals Season
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the…
Bitcoin Miners Face Leanest Month of 2024: August Earnings Hit Year’s Low
Bitcoin miners faced their most challenging revenue month of the year in August, marking the lowest earnings since September 2023. Onchain fees collected in August also dipped, reaching a low not seen since last year, with a $4.14 million drop compared to July. August Bitcoin Mining Revenue Drops $99.75M Lower Than July The ongoing effects […] Source: https://news.bitcoin.com/bitcoin-miners-face-leanest-month-of-2024-august-earnings-hit-years-low/
Bitcoin Network Stacks Devs ‘Can See the Finish Line’ With Nakamoto Upgrade
After facing multiple delays, Bitcoin layer-2 network Stacks moved forward with the first part of its highly anticipated Nakamoto upgrade this week. The upgrade is expected to decouple block production from the Bitcoin blockchain, enabling faster and more efficient processing. The Nakamoto upgrade, partly rolled out in April, introduced mock-signing transactions using Stacks’ proof-of-transfer (POX) consensus, where miners burn BTC…
Bitcoin loses 8.6% in August as September starts with fresh 2-week low
BTC price conditions fail to improve over the weekend, and liquidity grabs could be on the menu next, one Bitcoin trader suggests. Source: https://cointelegraph.com/news/bitcoin-drops-8-6-august-september-2-week-low?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
What Web3 Games Need to Do to Break into the Japanese Market – IVC Partner Ann Chien
IVC is a Web3 venture capital fund backed by leading Japanese gaming studios. They focus on Web3 gaming, digital entertainment, AI, DeFi, and infrastructure, and have invested in over 200 projects. They also host Japan’s largest Web3 conference, IVS Crypto, which attracts over 12,000 attendees annually. Ann Chien serves as a Partner at IVC. She […] Source: https://news.bitcoin.com/what-web3-games-need-to-do-to-break-into-the-japanese-market-ivc-partner-ann-chien/
NFT Market Faces Brutal August: Sales, Buyers, and Transactions All Plunge
Non-fungible token (NFT) sales have had a rough time in 2024, and August has been no exception. Following a 36.6% drop in July, August brought another significant decline, with sales falling by 41.36%. NFT Market Struggles: August Sales Plunge 41.36% After July’s Decline According to cryptoslam.io metrics, NFT sales in August tallied up to approximately […] Source: https://news.bitcoin.com/nft-market-faces-brutal-august-sales-buyers-and-transactions-all-plunge/
Canadian court orders $1.2M Bitcoin loan repayment
The Supreme Court of British Columbia has ordered $1.2 million in damages to be paid in a Bitcoin-related loan dispute, reflecting the growing legal acceptance of cryptocurrencies. Source: https://cointelegraph.com/news/supreme-court-british-columbia-crypto-loan-dispute?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound