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“My Prediction: We’ll do more of our banking and shopping on the blockchain” How the next iteration of the internet will change our lives Morva Rohani is the executive director, Canadian Web3 Council When the internet was first created, we never could have predicted how ubiquitous it would become. We had no idea it would…
” Bringing community-based solutions to crypto lending can solve trust issues “ A type of decentralized finance (DeFi) that allows investors to lend their crypto tokens in return for regular interest payments, the crypto lending space comprises both centralized and decentralized crypto entities that manage the entire process on behalf of their investors. Offering high…
” Projects would rather get hacked than pay bounties, Web3 developer claims “ As hacks and exploits continue to go rampant within the crypto industry, the importance of finding vulnerabilities to prevent potential losses becomes of utmost importance. However, a Web3 developer highlighted that it’s not rewarding to do so. In a tweet, a Web3…
” Busan city drops global crypto exchanges from its digital exchange plans “ Busan, the blockchain city of South Korea, has moved a step closer to forming a local crypto exchange, but it has dropped most of the global centralized exchange partners. The drastic decision comes in the wake of the recent colossal failure of…
” BlockFi files motion to return frozen crypto to wallet users “ Bankrupt crypto lending platform BlockFi has filed a motion requesting authority from the United States Bankruptcy Court to allow its users to withdraw digital assets currently locked up in BlockFi Wallets. In a motion filed on Dec .19 with the U.S. Bankruptcy Court…
” ‘Huge signal and validation’ — Top Activision exec to take Yuga Labs’ helm “ The appointment of one of Activision Blizzard’s highest-ranking executives to a leadership position at Bored Ape Yacht Club (BAYC) parent Yuga Labs has been seen as a boon for its metaverse efforts and another sign of validation of the crypto…
” How will ChatGPT affect the Web3 space? Industry answers “ With the many possibilities opened by ChatGPT, executives within the Web3 space predicted how the artificial intelligence (AI) tool developed by OpenAI would make its impact on the industry. From using the bot for smart contract auditing to enhancing user interactions with AI, various…
” Israeli court rules authorities can seize crypto in 150 blacklisted wallets “ Tel Aviv’s Magistrate Court has reportedly issued a ruling allowing Israel’s government to seize all the crypto in more than 150 digital wallets that it hablacklisted for allegedly funding terrorist groups. According to a Dec. 18 local Israeli media report, Israeli Defense Minister…
” US Senate banking chair floats possibility of banning crypto “ United States Banking Committee chairman Sherrod Brown has suggested that the Securities Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) should perhaps consider a ban on cryptocurrencies. Brown’s comments were made in a Dec. 18 appearance on NBC’s “Meet the Press” although…
” Gate.io experiences slowdown in deposits and withdrawals due to node maintenance “ Users of the crypto exchange Gate.io are facing slow deposits and withdrawals on transactions due to a node maintenance from a third-party cloud provider, according to an announcement on Dec. 18. Gate.io said the transactions are still being processed, and claimed the…