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” OpenAI will lead to better art and narration in Web3 games — Immutable exec “ The creation of smart contracts and Web3 interfaces has led to an entirely new play-to-earn or nonfungible token (NFT) genre of video games. But during the 2021 crypto bull market and subsequent crash of 2022, many of the games…
” Metaverse to possibly create $5T in value by 2030: McKinsey report “ While the 2022 bear market grazed off the excitement around the budding crypto sub-ecosystems such as nonfungible tokens (NFTs), the Metaverse remains well-positioned for long-term disruption. Considering the myriad consumer and business-centric use cases the metaverse could cater to, a McKinsey &…
” El Salvador’s Bitcoin strategy evolved with the bear market in 2022 “ Cryptocurrency adoption has been on the rise in El Salvador in recent years, with the country becoming the first in the world to adopt Bitcoin (BTC) as a legal tender. This landmark decision has attracted the attention of the global cryptocurrency community…
” NFT Steez and Lukso co-founder examine the implications of digital self-sovereignty in Web3 “ Sovereign identity has been a hot topic in blockchain and cryptocurrency, especially with the rise of the creator economy. Currently, there are two types of digital identities. One is federated and centralized whereby data is in the control of the…
” 1.5M houses could be powered by the energy Texas miners returned “ During the winter storm in Texas in December 2022, Bitcoin (BTC) mining operators returned up to 1,500 megawatts of energy to the distressed local grid. It became possible due to the flexibility of mining operations and the ancillary services, provided by the…
” 2023 could be a rocky year for crypto venture investments: Galaxy Research “ Last year was a big one for crypto venture capital despite multiple high-profile meltdowns and the FUD (fear, uncertainty, and doubt) tsunami that followed. However, the funds may not flow as easily this year, a crypto researcher warns. The number of…
” Wash trading will cause crypto’s next implosion: Mark Cuban “ Crypto token wash trading on centralized exchanges will be the cause of the next crypto “implosion,” according to billionaire Dallas Mavericks owner and crypto investor Mark Cuban. In an interview with The Street on Jan. 5, the billionaire investor opined that 2023 will not be…
” Redeeming physical NFTs: Easier said than done? “ Despite the crypto winter, nonfungible tokens (NFTs) continue to draw interest. This has become apparent as many brands and retailers have started to offer digital NFTs attached to physical products. Known as “phygitals,” these offerings allow real-world products to be tied to digital NFTs. For example,…
” What is institutional DeFi and how can banks benefit? “ Financial services institutions and banks have increasingly engaged with Web3 since 2020. This is also true within institutional decentralized finance (DeFi), as several potential use cases have emerged that could trigger a new wave of innovation within these organizations. Institutional DeFi does not refer…
” How to buy Bitcoin with Apple Pay? “ Cryptocurrency exchanges are introducing various ways to buy Bitcoin (BTC) using the Apple Pay payment method. This comes as a good move for Bitcoin adoption since the Apple Pay digital wallet accounts for more than 507 million mobile wallet downloads and a dominating market share of…