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” Maker founder proposes MetaDAOs and synthetic ETH in ‘Endgame Plan’ “ The co-founder of MakerDAO Rune Christensen has issued a new monumental proposal to push the project into its final form called The Endgame Plan. Across 3,000 words including 35 detailed infographics, Christensen explained that the current model of governance at Maker creates a…
” After record growth, VC crypto investments decline 38% in May “ This short-term decline in investments can be correlated to the recent market correction, which made Bitcoin (BTC) and other major cryptocurrencies lose 50% or more of their value. According to new data released by Dove Metrics, total venture capital investment in crypto declined…
” Major crypto firms reportedly cut up to 10% of staff amid bear market “ Gemini, a cryptocurrency trading platform founded by brothers Cameron and Tyler Winklevoss, is the latest industry firm to lay off a significant part of its staff due to unfavorable market conditions. Winklevoss’ crypto business Gemini Trust reportedly cut 10% of…
” Mental health and crypto: How does volatility effect well-being? “ The crypto world is well known for its volatility. Especially in the early days, digital assets experienced wild price swings, gaining or losing double-digits in the course of a day. It appears that the current bear market is no exception to this trend. While…
” Coinbase chief legal officer responds to SEC disclosure FUD “ As fears surrounding the Coinbase exchange run wild, Paul Grewal, the chief legal officer of Coinbase, assured customers that their funds are safe within the exchange. In an SEC disclosure made by Coinbase back in May, certain parts of the document mentioned that in…
“7 Great Benefits of a Positive Company Culture” What does a positive company culture look like? If you are to ask Southwest Airlines, they will tell you their culture entails creating an environment in which every employee knows they matter. They go further to state that they lean on the elements of appreciation, recognition and…
” US energy company opens crypto mining facility in Middle East to use stranded natural gas “ As the heated up discussion around the ethical aspects of using fossil fuels in crypto mining remains one of the key topics for the industry, an unexpected partnership between a Denver-based mining company and the government of a…
” Netscape creator says Web3 really is like the rise of the early internet “ Billionaire tech entrepreneur turned venture capitalist, Marc Andreessen says that Web3 and its underlying blockchain technology reminds him of the rise of the early internet. Andreessen, better known today as the co-founder of the blockchain-focused venture capital firm Andreessen Horowitz…
” Optimism token falls 40% prompting calls to bar dumpers from airdrops “ Optimism’s freshly launched governance token OP has plunged 40% since peaking at $2.10, leading members of the community to discuss baring those who dumped their tokens from future airdrops. Cointelegraph reported yesterday that the Ethereum Layer-2 scaling solution was overwhelmed with demand…
” Former product manager at OpenSea charged with insider trading “ On June 1, United States prosecutors in Manhattan charged Nathaniel Chastain, 31, with insider trading. Chastain was a former product manager at OpenSea, the largest nonfungible token (NFT) marketplace. This will be the first case of its kind regarding digital assets and traditional criminal…