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” How Web3 is redefining storytelling for creators and fans through NFTs “ Nonfungible tokens (NFTs) have come a long way in a relatively short period of time. In 2017, the NFT project CryptoKitties made headlines as the largest decentralized application on the Ethereum network. While CryptoKitties accounted for a notable portion of Ethereum transaction…
” Is asymmetric information driving crypto’s wild price swings? “ It has long been believed that investors possessing inside knowledge help drive cryptocurrencies’ price volatility, and a number of academic papers have been published on this topic. This is why Coinbase’s intention to regularly publish in advance a catalog of tokens being assessed for listing…
” Myspace founder predicts blockchain gaming to be ‘dominant place’ for socializing “ While many gamers are critical of blockchain-based gaming, Myspace co-founder Chris DeWolfe believes adoption is on the way as the business model inherently provides players more control over their in-game experiences. DeWolfe, who is now the CEO of game development firm Jam…
” NFTs offer astronauts ‘new outlet’ to share experiences, says spaceman Scott Kelly “ After celebrities, athletes and politicians jumped into the nonfungible token (NFT) mania, the growing industry has pulled in a veteran astronaut to share his time in space through NFTs. In a Cointelegraph interview, Scott Kelly, a retired United States astronaut, shared…
” Bitcoin average transaction fees lowest in two years at $1.04 “ The average transaction fee per Bitcoin (BTC) transaction made a complete 360-degree over nearly two years to settle down at $1.039, a number which was last recorded back in June 2020. The BTC transaction fee is the cost to transfer any amount of…
” Terra’s UST flips BUSD to become third-largest stablecoin “ The Terra (LUNA) blockchain’s algorithmic stablecoin Terra USD (UST) has flipped Binance USD (BUSD) to become the third-largest stablecoin on the market. UST is a USD-pegged stablecoin that was launched in September 2020. Its minting mechanism requires a user to burn a reserve asset such…
” MetaMask warns Apple users over iCloud phishing attacks “ ConsenSys-owned crypto wallet provider MetaMask has sent out a warning to the community regarding Apple iCloud phishing attacks. The security issue for iPhone, Mac, and iPad users is related to default device settings which see a user’s seed phrase or “password-encrypted MetaMask vault” stored on the…
” An open invitation for women to join the Web3 movement “ There’s no denying the current narrative about Web3: it’s a boys club. And, if we keep affirming this narrative, it’s bound to come true. The truth of crypto as a boys club won’t just be detrimental to women — it’ll be detrimental to…
” The world doesn’t need banks, policymakers or NGOs — It needs DeFi “ Where I grew up, on the southern border in Texas, a tremendous number of people have come to the United States to work and send money back home. They don’t make much money, but they pay considerable fees on their transfers….
” Decentralized finance: The best ways to participate and operate “ Decentralized finance (DeFi) is a concept that has received a lot of attention since the so-called DeFi Summer of 2020 because its usage, often measured in total value locked (TVL), has risen dramatically since that time. In the last year alone, TVL rose by…