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“# 3 things the crypto sector must offer to truly mainstream with TradFi ” In the past year, we’ve seen the crypto economy undergo exponential expansion as heaps of money poured into various cryptocurrencies, decentralized finance (DeFi), nonfungible tokens (NFT), crypto indices, insurance products and decentralized options markets. The total value locked (TVL) in the…
“# Easy-to-use DeFi protocols will become the new gatekeepers to crypto ” It has arguably never been easier to participate in the crypto ecosystem. After centralized exchange powerhouse Coinbase recently began allowing its users to deposit part of their fiat paychecks into the exchange in the form of crypto, more people are beginning to realize…
“# DAOs are meant to be completely autonomous and decentralized, but are they? ” While the organizational structure of a decentralized autonomous organization (DAO) is fundamentally meant to be “decentralized,” some of the biggest DAO protocols including Uniswap are not. A lot of the day-to-day activities within DAOs still involve a few core members of…
“# Blockchain startups grow as global VC funding generated $25.2B in 2021 ” Last year was impressive for blockchain startups, as research from CB Insights found that venture capital funding reached new heights during every quarter of 2021. According to CB Insights’ “State Of Blockchain 2021” report, $25.2 billion worth of venture capital funding went…
“# Gamestop partners with Immutable X for NFT marketplace, announces $100M grant for creators ” On Thursday, iconic brick-and-mortar video game retailer GameStop announced a partnership with layer-2 nonfungible tokens, or NFTs, Ethereum (ETH) scaling solution Immutable X to develop GameStop’s upcoming NFT marketplace. GameStop will utilize Immutable’s technology for trading and minting NFTs. We’re…
“#NFT site HitPiece prompts outrage for allegedly unauthorized listings of songs” The website caused a social media firestorm in the music community. Photo by JUSTIN TALLIS/AFP via Getty Images HitPiece, a website accused of offering NFTs of songs, came under scrutiny on Tuesday after musicians accused it of minting the NFTs without their permission….
“# First cross-chain governance proposal passes on Aave ” On Monday, the first cross-chain governance proposal passed on decentralized finance, or DeFi, borrowing and lending platform Aave. According to DeFi Llama, the amount of total value locked on Aave is approximately $12 billion. As told by its developers, an executed proposal on Aave, which is built…
“#Citing Joe Rogan’s “language around race,” India.Arie says she will remove her music from Spotify” The R&B artist is the latest musician to pull their music over the controversial podcast The Joe Rogan Experience. India.Arie. Photo by Paras Griffin/Getty Images for BET. India.Arie says she will remove her music and podcast SongVersation from Spotify,…
“# $1B worth of ETH burned in the past 30 days due to record high OpenSea NFT transactions ” According to blockchain data from Nansen Analytics on Tuesday, over $1.096 billion worth of Ethereum (ETH) has been burned in the past month. With the introduction of the EIP-1559 last August, a portion of fees is…
“# Report: Bitcoin mining network accounts for 0.08% of world’s CO2 production ” In a new report published by CoinShares on Monday, the firm estimated that the Bitcoin (BTC) mining network emitted 42 megatons, or Mt, (1Mt = 1 million tons) of carbon dioxide, or CO2, in 2021. In context, the number amounts to less…