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“#Neil Young says he “felt better” after pulling his music from Spotify” The vast majority of Young’s catalog was removed from Spotify on Thursday at the songwriter’s request over COVID disinformation transmitted on The Joe Rogan Experience podcast. Neil Young. Photo by Kevin Winter/Getty Images Yesterday, Spotify removed Neil Young’s music from the platform…
“# CertiK’s identification of Crypto Cars as ‘rug pull’ was a false alarm ” In a period of market downturns, rumors of crypto bans and decentralized finance, or DeFi scams, blockchain enthusiasts can be sensitive to the smallest abnormalities within projects they follow and sometimes erroneously fear for the worse. The day prior, CertiK, a…
“# Fitch says proposed Russia crypto ban eases risks but curbs innovation ” On Friday, credit rating agency Fitch published a research piece about Russia’s proposed ban on cryptocurrencies. Although the report agreed with the Central Bank of Russia’s (CBR) position that the ban would limit its financial system’s exposure to risks, it also cautioned…
“# Daniele Sestagalli discusses Wonderland’s future after QuadrigaCX co-founder dox ” On Friday, Daniele Sestagalli, co-founder of decentralized finance, or DeFi, protocol Wonderland and stablecoin protocol Abracadabra, issued a statement on the path forward after the doxing of his colleague Michael Patryn: “Do we wind down or continue to fight for the aspect of an…
“# Users flock to Curve amid lack of stablecoin liquidity on major DEXs ” In a Tweet posted by user @cryptotutor Friday, a screenshot appears to show a 27% spread between stablecoin Magic Internet Money (MIM) and USD Coin (USDC) trading pair on decentralized exchange, or DEX, Uniswap (UNI). Both have a theoretical peg of…
“# LeBron James and Crypto.com team up for blockchain education initiative ” In a press release published Friday, three-time NBA champion and Los Angeles Lakers forward LeBron James will partner with digital currency exchange Crypto.com to support educational and workforce development opportunities focused on Web 3.0. Specifically, as told by local news outlet Akron Beacon…
“# Cardano network at record capacity due to SundaeSwap launch, but not all users hail it as a success ” According to both Cardano Blockchain Insight and pool.pm, the Cardano (ADA) network has maintained record capacity for nearly two weeks due to the launch of decentralized exchange, or DEX, SundaeSwap, the first of its kind…
“# Vitalik Buterin suggests making NFTs ‘soulbound’ like World of Warcraft items ” In a blog post published Wednesday, Vitalik Buterin, co-founder of Ethereum (ETH), expressed his wishes to make nonfungible tokens, or NFTs, soulbound as with the namesake item class in popular MMORPG World of Warcraft, or WoW. In outlining his reasons, Buterin explained…
“# Anchor protocol’s reserves head toward depletion due to lack of borrowing demand ” Anchor, the flagship savings protocol of the Terra Luna (LUNA) ecosystem, has seen its reserves decline by 35.7% in the past seven days according to Terra.Engineer. Since the beginning of December, the amount of Terra USD Stablecoin (UST) held in the…
“# Axie Infinity devs release governance token for Ronin Blockchain to mixed player response ” On Thursday, Sky Mavis, the creator of the monster-battle game, Axie Infinity, released its much-anticipated RON governance token. The token is based on its Ethereum (ETH) sidechain Ronin Network. Its purpose includes paying for transactions on Ronin, staking and participating in community…