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Investors continue to pour into gold amid macroeconomic uncertainty and ongoing geopolitical tensions that have impacted risk asset prices. Tokenized gold carries several benefits over other forms of paper gold, including gold exchange-traded funds (ETFs), according to Melissa Song and Dustin Becker, representatives of Gold DAO, a decentralized autonomous organization that facilitates investor access to…
Web3 social network Zora’s recent airdrop led to a wave of discontent on social media, but creators and builders are convinced that the future of creativity is still onchain. Onchain social network Zora has built a reputation as a popular tool for artists, musicians and other creatives to monetize their content onchain, but the recent…
Vitalik Buterin proposed new architecture and protocol-wide standards to make Ethereum simpler, faster and easier to maintain. Ethereum co-founder Vitalik Buterin called for simplifying Ethereum’s base protocol, aiming to make the network more efficient, secure and accessible, drawing inspiration from Bitcoin’s minimalist design. In a blog post titled “Simplifying the L1,” published on May 3,…
Bitcoin is set to reach gold’s market capitalization by 2029, thanks to “structural” ETF inflows and growing governmental adoption, as tariff concerns ease. The cryptocurrency market continued its recovery in the past week as the total crypto market capitalization breached the $3 trillion mark for the first time since the beginning of March. Bitcoin (BTC)…
Cannes, the French city famous for hosting the Cannes Film Festival, is said to be a top tourist destination for festivals and events. Merchants in Cannes, France, the site of the international Cannes Film Festival, are set to begin accepting crypto payments by summer this year in an effort to attract clientele with high disposable…
Its now an “open race” for leadership among layer-1 blockchain networks, Nansen’s CEO said. Ethereum’s relative dominance among layer-1 (L1) blockchain networks has declined, resulting in an “open race” to become the leading Web3 platform, according to Alex Svanevik, CEO of data service Nansen. “If you’d asked me 3–4 years ago whether Ethereum would dominate…
Non-crypto native users comprise about 80% of participants in the decentralized physical infrastructure network. XYO Network has onboarded more than 10 million nodes to its decentralized physical infrastructure network (DePIN), co-founder Markus Levin told Cointelegraph in an interview. The nodes mostly comprise human users who provide data in exchange for rewards via the network’s mobile…
The web’s original promise of free speech and open access is threatened by centralized tech giants. Blockchain-powered platforms lay the foundation for a decentralized tech stack that promotes free speech. Opinion by: Chris Jenkins, adviser to Pocket Network Tim Berners-Lee’s vision of the World Wide Web is dead. Instead of an open and accessible global…
Analysts are pointing to signs of approaching trade negotiations in May as a potential catalyst for improved investor appetite in traditional and cryptocurrency markets. Bitcoin’s recovery to its all-time high may be threatened by rising recession fears, which could ease if the United States and China begin tariff negotiations this month, research analysts told Cointelegraph….
KuCoin CEO BC Wong told Cointelegraph that some regulators might be using regulation to drive away global players and pave the way for domestic trading platforms. Crypto exchange KuCoin said that it may reenter South Korea after its platform was blocked in the country. On March 21, South Korean regulators ordered Google Play to block…