The world’s largest Ethereum (ETH) whales are gobbling up memecoin Shiba Inu (SHIB) even while data suggests that most SHIB investors remain deep underwater. According to a new tweet from the whale-tracking website WhaleStats, SHIB has surpassed ETH layer-2 scaling solution Polygon (MATIC) as the top traded crypto asset among the top 500 Ethereum wallets. …
Monthly archives: April 2022
Green finance needs voluntary carbon markets that work
The United Nations Climate Change Conference, known as COP26, in Glasgow, Scotland catalyzed a commitment to carbon neutrality, achieving net-zero carbon emissions, requiring reducing emissions as much as possible, and balancing the remaining emissions with the purchase of carbon credits. A carbon credit reduces, avoids or removes carbon emissions in one place to compensate for …
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How to use Minecraft to understand the Metaverse and Web3
What is the Metaverse? The Metaverse is a term coined by Neal Stephenson in his 1992 science fiction novel Snow Crash to describe a future virtual reality-based online world. Some have gone as far as pronouncing Stephenson’s novel a prediction of the future. Before you agree that it’s some mystical peek into the future and …
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Macron or Le Pen: What promise does each presidential candidate hold for crypto?
As France braces for the April 24 presidential election in a runoff, political pundits around the globe are making their bets. The choice is between the centrist incumbent Emmanuel Macron and right-wing populist Marine Le Pen. Much of the political debate this time revolves around economics, but there is one indispensable part of it that …
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Ridley Scott’s production firm to create a film based on Ethereum
British-American TV and film production company Scott Free Productions is working on a feature-length movie inspired by Camila Russo’s The Infinite Machine: How an Army of Crypto Hackers is Building the Next Internet with Ethereum, a bestselling book about Ethereum. This was announced yesterday by Russo’s-founded crypto media company The Defiant. According to the announcement, …
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Reports emerge of how Russian agency made Binance reveal its clients data
Details have emerged for the first time about how the world’s largest crypto exchange platform, Binance, worked with a financial intelligence agency in Russia. This relationship, according to an in-depth report by Reuters, began in April last year when the regional head of Binance met with some officials of the FSB-linked agency. Binance top exec …
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Crypto research by Bank of Canada confirmed what we knew all along
Officials at the Bank of Canada (BoC) are turning their attention to crypto research in a big way. In line with the general stance held by central banks, the BoC has, in the past, voiced concerns about cryptocurrency. For example, two years ago, the BoC published a paper highlighting the risks faced by cryptocurrency users. …
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Digital Peso to Be Launched in Three Years According to Governor of Banxico
Banxico, the Central Bank of Mexico, has announced it expects the development of its central bank digital currency (CBDC), the digital peso, to be completed in about three years. Victoria Rodríguez Ceja, the governor of Banxico, reported this before the Mexican Senate and added that the new currency should fulfill the three traits of money …
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Crypto Businesses Ask 27 EU Finance Ministers to Loosen Disclosure Requirements
Forty-six European crypto businesses and organizations have asked finance ministers in 27 European countries to loosen some regulatory requirements for the crypto industry. For example, they asked for decentralized finance (defi) projects to be excluded from the requirements to register as legal entities. Crypto Industry’s Letter to EU Policymakers Forty-six European crypto businesses and organizations …
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Kadena Launches $100 Million Grant Fund to Develop Web3 Experiences
Kadena, a proof-of-work-based cryptocurrency that also has the possibility of supporting smart contracts, has announced a new set of grants directed to incentivize the creation of Web3 experiences. This $100 million grant fund is part of the Kadena Eco initiative, whose objective is to offer builders a complete suite to deploy their solutions on top …
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NFT Project Tori Zero Announces a Strategic Partnership With Wirex
press release PRESS RELEASE. On 22 April, Tori Zero announced the strategic partnership with Wirex. The first collaboration will focus on a new product developed by Wirex – the Wirex Wallet. Tori Zero will be the first group of NFT projects integrated into this new wallet. Tori Zero is the first virtual idol project in …
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Veteran Trader Who Correctly Called Massive Bitcoin Crash Updates Outlook on Top Crypto Asset
Veteran trader Peter Brandt thinks Bitcoin (BTC) could be headed for a serious price dip. Brandt, who gained notoriety in crypto circles for correctly calling Bitcoin’s 2018 collapse, tells his 633,200 Twitter followers that BTC could drop to $27,000. The move would represent a more than 31% decrease for Bitcoin, which is trading at $39,627.71 …
The Metaverse needs to keep an eye on privacy to avoid Meta’s mistakes
Metaverse skeptics fear the prospect of unprotected data and large-scale user surveillance on a scale never seen before. Ironically, the largest company pushing the Metaverse, Meta (previously known as Facebook), has faced its own fair share of privacy scandals in the internet’s current iteration, culminating in Mark Zuckerberg being infamously hauled before the United States …
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Crypto Influencer Cobie criticizes what staking has become, questions ApeCoin proposal
Popular crypto influencer Cobie has said the governance proposal for ApeCoin staking might not be the best way forward for the Bored Ape affiliated token. In a blog post titled “the death of staking,” Cobie took a swipe at the concept as it is used today and questioned its purpose for ApeCoin. Staking equals Ponzi …
69420 DAO takes a stand against Twitter in the fight for free speech
Twitter is pulling out all the stops to resist Elon Musk and his attempt to bring free speech to the platform. Weeks earlier, the outspoken billionaire blasted the social media giant for “failing to adhere to free speech principles.” He teased the possibility of buying Twitter to make changes from within. But given Musk’s legendary …
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