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Blocktelegraphs is an independent blockchain media platform that provides the latest news, information and analysis on blockchain technologies, decentralized applications (DApps) and cryptocurrencies

The price of Ether (ETH) rallied 16% between Jan. 14 and Jan. 21, peaking at $1,680 before facing a 5.4% rejection. Curi...
25/01/2023

The price of Ether (ETH) rallied 16% between Jan. 14 and Jan. 21, peaking at $1,680 before facing a 5.4% rejection. Curiously, the same resistance level resulted in a substantial correction in late August 2022 and again in early November 2022. Ether/USD price index, 2-day. Source: TradingView From one side, traders are relieved that Ether is trading up 35.5% year-to-date, but the repeated corrections that follow retests of the $1,680 resistance may have weakened investors' sentiment....

https://blocktelegraphs.com/ethereum-futures-and-options-data-reflect-investors-growing-confidence-in-eth-price/

The price of Ether (ETH) rallied 16% between Jan. 14 and Jan. 21, peaking at $1,680 before facing a 5.4% rejection. Curiously, the same resistance level resulted in a substantial correction in late August 2022 and again in early November 2022. From one side, traders are relieved that Ether is tradin...

The metaverse hype that began in 2021 dissolved almost entirely by the end of 2022 as the top projects in the space, Dec...
25/01/2023

The metaverse hype that began in 2021 dissolved almost entirely by the end of 2022 as the top projects in the space, Decentraland and The Sandbox, lost 95% of their market capitalization. The most prominent reason for the fall was a lack of user growth. Still, the metaverse narrative is far from dead and will grow in the future. Reportedly, Apple will launch its virtual reality gear sometime in spring 2023....

https://blocktelegraphs.com/3-reasons-why-the-mana-and-sand-metaverse-token-rally-could-end-soon/

The metaverse hype that began in 2021 dissolved almost entirely by the end of 2022 as the top projects in the space, Decentraland and The Sandbox, lost 95% of their market capitalization. The most prominent reason for the fall was a lack of user growth. Still, the metaverse narrative is far from dea...

The philanthropic arm of Binance — Binance Charity — is set to fund 30,655 scholarships to students keen on forging a ca...
24/01/2023

The philanthropic arm of Binance — Binance Charity — is set to fund 30,655 scholarships to students keen on forging a career in Web3 in 2023. The Binance Charity Scholar Program (BCSP) will provide free Web3 education and training courses which will enable tech-savvy students to upskill without having to leap-frog any unnecessary financial barriers, Binance Charity explained, in a Jan....

https://blocktelegraphs.com/binance-charity-to-provide-over-30k-web3-scholarships-in-2023/

The philanthropic arm of Binance — Binance Charity — is set to fund 30,655 scholarships to students keen on forging a career in Web3 in 2023. The Binance Charity Scholar Program (BCSP) will provide free Web3 education and training courses which will enable tech-savvy students to upskill without ...

Japan’s new regulations allowing investors to trade using stablecoins like Tether (USDT) are expected to be adopted no l...
24/01/2023

Japan’s new regulations allowing investors to trade using stablecoins like Tether (USDT) are expected to be adopted no later than in June 2023, according to a local financial authority. The Financial Services Agency (FSA) of Japan is working on lifting the ban on the domestic distribution of stablecoins, planning to allow certain stablecoins later this year. “This does not mean that all foreign products of so-called ‘stablecoins’ will be allowed without any restriction,” a spokesperson for Japan's FSA said in a statement to Cointelegraph....

https://blocktelegraphs.com/japans-fsa-expects-to-allow-certain-stablecoins-by-june-2023/

Japan’s new regulations allowing investors to trade using stablecoins like Tether (USDT) are expected to be adopted no later than in June 2023, according to a local financial authority.The Financial Services Agency (FSA) of Japan is working on lifting the ban on the domestic distribution of stable...

Axie Infinity (AXS) has rallied 135% month-to-date to reach approximately $14 on Jan. 23, its highest level in two month...
24/01/2023

Axie Infinity (AXS) has rallied 135% month-to-date to reach approximately $14 on Jan. 23, its highest level in two months. Nonetheless, the AXS/USD pair could suffer major losses in the coming weeks owing to a flurry of negative technical and fundamental indicators. Axie Infinity price prints "gravestone" doji The AXS price formed a "gravestone doji" candlestick on Jan....

https://blocktelegraphs.com/3-signs-axie-infinity-price-risks-giving-up-its-135-gains-in-january/

Axie Infinity (AXS) has rallied 135% month-to-date to reach approximately $14 on Jan. 23, its highest level in two months. Nonetheless, the AXS/USD pair could suffer major losses in the coming weeks owing to a flurry of negative technical and fundamental indicators.Axie Infinity price prints "graves...

The rally in stocks could be giving Bitcoin price a boost, and the crypto market could see more fireworks if the Fed con...
24/01/2023

The rally in stocks could be giving Bitcoin price a boost, and the crypto market could see more fireworks if the Fed confirms investors' expectation that rate hikes will slow down. source

https://blocktelegraphs.com/price-analysis-1-23-spx-dxy-btc-eth-bnb-xrp-doge-ada-matic-dot/

The rally in stocks could be giving Bitcoin price a boost, and the crypto market could see more fireworks if the Fed confirms investors' expectation that rate hikes will slow down.source

Cardano stake pool operators (SPO) and users have been reporting at least half of the nodes for the network briefly went...
24/01/2023

Cardano stake pool operators (SPO) and users have been reporting at least half of the nodes for the network briefly went offline over the weekend. According to a Jan. 22 post shared on the Telegram SPO for Input Output Global, the engineering and research fintech behind the Cardano blockchain, an anomaly caused 50% of Cardano nodes to disconnect and restart. ...

https://blocktelegraphs.com/cardano-recovers-from-an-outage-on-50-relay-and-block-producing-nodes/

Cardano stake pool operators (SPO) and users have been reporting at least half of the nodes for the network briefly went offline over the weekend. According to a Jan. 22 post shared on the Telegram SPO for Input Output Global, the engineering and research fintech behind the Cardano blockchain, an an...

After nearly a 20% rally last week, Bitcoin (BTC) is on track to end this week with gains of roughly 10%. Bitcoin’s rall...
23/01/2023

After nearly a 20% rally last week, Bitcoin (BTC) is on track to end this week with gains of roughly 10%. Bitcoin’s rally has improved sentiment and attracted buying in several altcoins. This sent the total crypto market capitalization firmly above the $1 trillion mark. The strong recovery in Bitcoin has startled several analysts who remain skeptical about the rally....

https://blocktelegraphs.com/bitcoin-price-consolidation-opens-the-door-for-ape-mana-aave-and-fil-to-move-higher/

After nearly a 20% rally last week, Bitcoin (BTC) is on track to end this week with gains of roughly 10%. Bitcoin’s rally has improved sentiment and attracted buying in several altcoins. This sent the total crypto market capitalization firmly above the $1 trillion mark.The strong recovery in Bitco...

Top Stories This Week Crypto lender Genesis files for Chapter 11 bankruptcy FTX contagions continue to spread through th...
22/01/2023

Top Stories This Week Crypto lender Genesis files for Chapter 11 bankruptcy FTX contagions continue to spread through the crypto industry, with Genesis Capital filing for bankruptcy protection in New York, estimating liabilities in the range of $1 billion to $10 billion, and assets at the same level. The company plans a “dual track process,” which will pursue “sale, capital raise, and/or an equitization transaction” and enable the business “to emerge under new ownership.”...

https://blocktelegraphs.com/genesis-files-for-bankruptcy-ftx-explores-a-reboot-and-bitzlato-news-hodlers-digest-jan-15-21/

Top Stories This Week Crypto lender Genesis files for Chapter 11 bankruptcy FTX contagions continue to spread through the crypto industry, with Genesis Capital filing for bankruptcy protection in New York, estimating liabilities in the range of $1 billion to $10 billion, and assets at the same level...

The United States equities markets are on track to finish the week in the red but that has not resulted in a deeper loss...
21/01/2023

The United States equities markets are on track to finish the week in the red but that has not resulted in a deeper loss for Bitcoin (BTC). The news of cryptocurrency lender Genesis filing for Chapter 11 bankruptcy also did not have any meaningful impact on Bitcoin’s price. This shows that the selling pressure could be reducing. However, trading firm QCP Capital warned in the latest edition of its regular markets newsletter that the current recovery in Bitcoin was…...

https://blocktelegraphs.com/price-analysis-1-20-btc-eth-bnb-xrp-ada-doge-matic-dot-ltc-avax/

The United States equities markets are on track to finish the week in the red but that has not resulted in a deeper loss for Bitcoin (BTC). The news of cryptocurrency lender Genesis filing for Chapter 11 bankruptcy also did not have any meaningful impact on Bitcoin’s price. This shows that the sel...

Crypto lender Nexo Capital has agreed to pay $45 million in penalties to the U.S. Securities and Exchange Commission (SE...
20/01/2023

Crypto lender Nexo Capital has agreed to pay $45 million in penalties to the U.S. Securities and Exchange Commission (SEC) and the North American Securities Administrators Association (NASAA) for failing to register the offer and sale of its Earn Interest Product (EIP). The news was announced by the SEC and NASAA in two separate statements on Jan. 19. According to the statement from the SEC, Nexo agreed to pay a $22.5 million penalty and cease its unregistered offer and sale of the EIP to U.S....

https://blocktelegraphs.com/nexo-agrees-to-45m-settlement-with-sec-and-states-over-earn-product/

Crypto lender Nexo Capital has agreed to pay $45 million in penalties to the U.S. Securities and Exchange Commission (SEC) and the North American Securities Administrators Association (NASAA) for failing to register the offer and sale of its Earn Interest Product (EIP). The news was announced by the...

Avalanche (AVAX) came into the spotlight early at the beginning of 2023 by adding its blockchain support to Amazon Web S...
20/01/2023

Avalanche (AVAX) came into the spotlight early at the beginning of 2023 by adding its blockchain support to Amazon Web Services (AWS) cloud. However, empirical and on-chain analysis suggests that Avalanche’s price surge is likely due to a broader cryptocurrency market pump which will likely end with the rest of the market. Is Avalanche’s Amazon news exaggerated? While integration with the world’s largest blockchain service is a positive step for Avalanche, the hype around its implications might be exaggerated....

https://blocktelegraphs.com/data-suggests-avalanches-avax-rally-was-a-buy-the-rumor-sell-the-news-event/

Avalanche (AVAX) came into the spotlight early at the beginning of 2023 by adding its blockchain support to Amazon Web Services (AWS) cloud. However, empirical and on-chain analysis suggests that Avalanche’s price surge is likely due to a broader cryptocurrency market pump which will likely end wi...

Switzerland-based cryptocurrency firm 21Shares is betting on proof-of-stake (PoS) coins by launching a new crypto exchan...
19/01/2023

Switzerland-based cryptocurrency firm 21Shares is betting on proof-of-stake (PoS) coins by launching a new crypto exchange-traded product (ETP) dedicated to staking. On Jan. 18, the company launched the 21Shares Staking Basket Index ETP, a crypto staking index designed to track up to 10 PoS cryptocurrencies. The ETP immediately starts trading on the local stock exchange BX Swiss under the ticker STAKE....

https://blocktelegraphs.com/21shares-debuts-crypto-staking-etp-on-bx-swiss-exchange/

Switzerland-based cryptocurrency firm 21Shares is betting on proof-of-stake (PoS) coins by launching a new crypto exchange-traded product (ETP) dedicated to staking.On Jan. 18, the company launched the 21Shares Staking Basket Index ETP, a crypto staking index designed to track up to 10 PoS cryptocur...

Research shows that Dogecoin (DOGE) was the only memecoin in 2022 to proactively reduce its carbon footprint — a key met...
19/01/2023

Research shows that Dogecoin (DOGE) was the only memecoin in 2022 to proactively reduce its carbon footprint — a key metric for mainstream adoption — by 25% in one year, thanks to the intervention of developers and Tesla CEO Elon Musk. One of the main reasons why Musk backtracked on accepting Bitcoin (BTC) payments for Tesla was…...

https://blocktelegraphs.com/dogecoin-carbon-emissions-down-by-25-following-elon-musk-collaboration/

Research shows that Dogecoin (DOGE) was the only memecoin in 2022 to proactively reduce its carbon footprint — a key metric for mainstream adoption — by 25% in one year, thanks to the intervention of developers and Tesla CEO Elon Musk.One of the main reasons why Musk backtracked on accepting Bit...

Despite a wave of heavy crypto layoffs to start the new year, employees in technical and engineering roles, as well as s...
18/01/2023

Despite a wave of heavy crypto layoffs to start the new year, employees in technical and engineering roles, as well as senior management, will likely continue to see “strong demand” for their skills, recruitment professionals believe. It’s been a tough first few weeks of 2023 for crypto businesses and their staff. Within just two weeks, the market has already seen more than 1,600 crypto-related job cuts as a result of continued market volatility and uncertainty. ...

https://blocktelegraphs.com/crypto-recruitment-execs-reveal-the-safest-jobs-amid-layoff-season/

Despite a wave of heavy crypto layoffs to start the new year, employees in technical and engineering roles, as well as senior management, will likely continue to see “strong demand” for their skills, recruitment professionals believe.It’s been a tough first few weeks of 2023 for crypto busines...

The notion that bear markets are good for builders appears to be true, with the total number of monthly active Web3 deve...
18/01/2023

The notion that bear markets are good for builders appears to be true, with the total number of monthly active Web3 developers increasing 5.4% to more than 23,300 over the last 12 months despite a near 70% drop in crypto prices. According to a Jan. 16 report from Electric Capital, “full-time” developers — categorized as those who contribute to 76% of GitHub commits — also increased 15.2% to over 7,000, while “one-time” builders fell 6.2% to over 3,500 during the same time period, between December 2021 and December 2022....

https://blocktelegraphs.com/number-of-devs-increased-during-crypto-winter-electric-capital-report/

The notion that bear markets are good for builders appears to be true, with the total number of monthly active Web3 developers increasing 5.4% to more than 23,300 over the last 12 months despite a near 70% drop in crypto prices.According to a Jan. 16 report from Electric Capital, “full-time” dev...

2022 was the year the wheels fell off the metaverse bandwagon, which had been the most hyped narrative as the year began...
17/01/2023

2022 was the year the wheels fell off the metaverse bandwagon, which had been the most hyped narrative as the year began. By far the worst-performing sector in blockchain, the average drawdown was 89%. Even Facebook’s grand plans to dominate the metaverse are in disarray; it’s losing more than $1 billion a month, while the flagship “Horizon Worlds” attracts fewer than 200,000 users per month....

https://blocktelegraphs.com/how-to-resurrect-the-metaverse-dream-in-2023/

Play-to-earn builds the metaverse The other important development bringing us closer to the metaverse is the play-to-earn phenomenon spear-headed by the blockchain game Axie Infinity. The huge growth during the pandemic, and subsequent sharp decline after, did not dampen the enthusiasm of Yield Guil...

Nonfungible tokens (NFTs), decentralized autonomous organizations (DAOs) and decentralized finance (DeFi) are redefining...
17/01/2023

Nonfungible tokens (NFTs), decentralized autonomous organizations (DAOs) and decentralized finance (DeFi) are redefining how charities raise donations and distribute funds to those most in need. Through ever-evolving crypto and blockchain-related technology, crypto philanthropists told Cointelegraph that they’ve witnessed “new wealth distribution mechanisms” never seen before. “Philanthropy has traditionally been seen as a high-cost-of-entry, individualistic activity, but with Web3, collective decision-making bodies like DAOs can use tools that streamline financial coordination and encourage more participation,” explained Omar Antila, Product Lead at Crypto for Charity....

https://blocktelegraphs.com/defi-daos-and-nfts-crypto-is-redefining-how-charities-raise-funds/

Nonfungible tokens (NFTs), decentralized autonomous organizations (DAOs) and decentralized finance (DeFi) are redefining how charities raise donations and distribute funds to those most in need. Through ever-evolving crypto and blockchain-related technology, crypto philanthropists told Cointelegraph...

Digital assets will largely decouple from traditional equity markets in 2023, believes Arca chief investment officer Jef...
16/01/2023

Digital assets will largely decouple from traditional equity markets in 2023, believes Arca chief investment officer Jeff Dorman. Discussing his outlook for 2023 in a recent interview with Cointelegraph, Dorman argued that as the global economy enters a recession this year, equities will be negatively affected while some cryptocurrencies will perform well. The value of the latter, he explained, is determined not only by macroeconomic factors but also by their utility within their respective ecosystems, which would remain unaltered in a recession....

https://blocktelegraphs.com/how-crypto-tokens-but-not-bitcoin-will-outperform-stocks-in-2023-arcas-cio-explains/

Digital assets will largely decouple from traditional equity markets in 2023, believes Arca chief investment officer Jeff Dorman. Discussing his outlook for 2023 in a recent interview with Cointelegraph, Dorman argued that as the global economy enters a recession this year, equities will be negative...

The Central Bank of Iran is reportedly cooperating with the Russian government to jointly issue a new cryptocurrency bac...
16/01/2023

The Central Bank of Iran is reportedly cooperating with the Russian government to jointly issue a new cryptocurrency backed by gold. According to the Russian news agency Vedomosti, Iran is working with Russia to create a “token of the Persian Gulf region” that would serve as a payment method in foreign trade. The token is projected to be issued in the form of a stablecoin backed by gold, according to Alexander Brazhnikov, executive director of the Russian Association of Crypto Industry and Blockchain....

https://blocktelegraphs.com/iran-and-russia-want-to-issue-new-stablecoin-backed-by-gold/

The Central Bank of Iran is reportedly cooperating with the Russian government to jointly issue a new cryptocurrency backed by gold.According to the Russian news agency Vedomosti, Iran is working with Russia to create a “token of the Persian Gulf region” that would serve as a payment method in f...

The developers of the dog-themed token Shiba Inu (SHIB) posted an update to inform its community about its upcoming beta...
16/01/2023

The developers of the dog-themed token Shiba Inu (SHIB) posted an update to inform its community about its upcoming beta release of Shibarium — a layer-2 network that will run on top of the Ethereum mainnet. In the announcement, SHIB developers shared information about layer-2 blockchains. They highlighted that Shibarium is being developed to provide a tool to allow the community to build and grow the project and fulfill its founder’s vision....

https://blocktelegraphs.com/shiba-inu-devs-to-launch-shibarium-l2-network-beta/

The developers of the dog-themed token Shiba Inu (SHIB) posted an update to inform its community about its upcoming beta release of Shibarium — a layer-2 network that will run on top of the Ethereum mainnet.In the announcement, SHIB developers shared information about layer-2 blockchains. They hig...

SkyBridge Capital founder Anthony Scaramucci is investing in a crypto company founded by the former president of FTX US....
16/01/2023

SkyBridge Capital founder Anthony Scaramucci is investing in a crypto company founded by the former president of FTX US. Scaramucci told Bloomberg in an email that he would be investing his own personal funds to support ex-FTX US president Brett Harrison’s new venture, which was revealed just three weeks after the collapse of crypto exchange FTX. It is understood that the crypto software company — which doesn’t yet have a name — will enable crypto traders to create algorithmic-based strategies to access different markets, both centralized and decentralized....

https://blocktelegraphs.com/scaramucci-to-invest-in-crypto-firm-founded-by-former-ftx-us-boss/

SkyBridge Capital founder Anthony Scaramucci is investing in a crypto company founded by the former president of FTX US.Scaramucci told Bloomberg in an email that he would be investing his own personal funds to support ex-FTX US president Brett Harrison’s new venture, which was revealed just three...

Ethereum layer-2 scaling solution Polygon will undergo a hard fork on Jan. 17 in order to address gas spikes and chain r...
15/01/2023

Ethereum layer-2 scaling solution Polygon will undergo a hard fork on Jan. 17 in order to address gas spikes and chain reorganizations issues that has affected user experience on the Polygon proof-of-stake (POS) chain. Polygon officially confirmed the hard fork event in Jan. 12 a blog post, which came after weeks of preliminary discussion on Polygon Improvement Proposal (PIP) forum page in late December....

https://blocktelegraphs.com/polygon-primed-for-hard-fork-aimed-at-reducing-gas-fee-spikes-new-details-revealed/

Ethereum layer-2 scaling solution Polygon will undergo a hard fork on Jan. 17 in order to address gas spikes and chain reorganizations issues that has affected user experience on the Polygon proof-of-stake (POS) chain. Polygon officially confirmed the hard fork event in Jan. 12 a blog post, which ca...

The total cryptocurrency market capitalization reached its highest level in over two months on Jan. 13 after breaking ab...
14/01/2023

The total cryptocurrency market capitalization reached its highest level in over two months on Jan. 13 after breaking above the $900 billion mark on Jan. 12. While the 15.5% year-to-date gain sounds promising, the level is still 50% below the $1.88 trillion crypto market cap seen before the Terra-Luna ecosystem collapsed in April 2022. Crypto markets total capitalization, USD. Source: TradingView…...

https://blocktelegraphs.com/total-crypto-market-cap-closes-in-on-1t-right-as-bitcoin-price-moves-toward-20k/

The total cryptocurrency market capitalization reached its highest level in over two months on Jan. 13 after breaking above the $900 billion mark on Jan. 12.While the 15.5% year-to-date gain sounds promising, the level is still 50% below the $1.88 trillion crypto market cap seen before the Terra-Lun...

Cointelegraph looks back on the best and worst-performing cryptocurrencies of 2022 among the top 100 assets by market ca...
30/12/2022

Cointelegraph looks back on the best and worst-performing cryptocurrencies of 2022 among the top 100 assets by market capitalization. We used the highest and the lowest year-to-date (YTD) returns through the close of Dec. 25, 2022. Overall, Cryptoindex.com 100 (CIX100), an index that tracks the 100 best-performing cryptocurrencies, fell nearly 68% YTD, suggesting most top coins underperformed in 2022. CIX100 weekly price chart....

https://blocktelegraphs.com/top-5-crypto-winners-and-losers-of-2022/

Cointelegraph looks back on the best and worst-performing cryptocurrencies of 2022 among the top 100 assets by market capitalization. We used the highest and the lowest year-to-date (YTD) returns through the close of Dec. 25, 2022.Overall, Cryptoindex.com 100 (CIX100), an index that tracks the 100 b...

Bitcoin (BTC), Ether (ETH) and the rest of the crypto market had a rough 2022 from a price perspective, but traders are ...
30/12/2022

Bitcoin (BTC), Ether (ETH) and the rest of the crypto market had a rough 2022 from a price perspective, but traders are hopeful that 2023 will include bullish developments that push prices higher. Despite the marketwide downturn, a handful of altcoins continued to make a positive contribution to the crypto space and thanks to Ethereum, the term altcoin is no longer a derogatory term....

https://blocktelegraphs.com/5-altcoin-projects-that-made-a-real-difference-in-2022/

Bitcoin (BTC), Ether (ETH) and the rest of the crypto market had a rough 2022 from a price perspective, but traders are hopeful that 2023 will include bullish developments that push prices higher. Despite the marketwide downturn, a handful of altcoins continued to make a positive contribution to the...

Solana (SOL), the cryptocurrency once supported by Sam Bankman-Fried, pared some losses on Dec. 30, a day after falling ...
30/12/2022

Solana (SOL), the cryptocurrency once supported by Sam Bankman-Fried, pared some losses on Dec. 30, a day after falling to its lowest level since February 2021. Solana price down 97% from November 2021 peak On the daily chart, SOL's price rebounded to around $10.25, up over 20% from its previous day's low of approximately $8. SOL/USD weekly price chart....

https://blocktelegraphs.com/solana-joins-ranks-of-ftt-luna-with-sol-price-down-97-from-peak-is-a-rebound-possible/

Solana (SOL), the cryptocurrency once supported by Sam Bankman-Fried, pared some losses on Dec. 30, a day after falling to its lowest level since February 2021. Solana price down 97% from November 2021 peak On the daily chart, SOL's price rebounded to around $10.25, up over 20% from its previous day...

Unique addresses on the Build and Build (BNB) Chain have now surpassed Ethereum, according to a Dec. 22 statement from t...
23/12/2022

Unique addresses on the Build and Build (BNB) Chain have now surpassed Ethereum, according to a Dec. 22 statement from the developer. BNB Chain has made significant strides in onboarding the next billion users into in 2022. We want to thank our incredible community for coming along for the ride as we lay the groundwork for an even bigger year to come....

https://blocktelegraphs.com/bnb-chain-now-has-more-unique-addresses-than-ethereum-developer-says/

Unique addresses on the Build and Build (BNB) Chain have now surpassed Ethereum, according to a Dec. 22 statement from the developer.BNB Chain has made significant strides in onboarding the next billion users into in 2022. We want to thank our incredible community for coming along for the ride...

Owning assets in a video game seems like a pretty natural concept, so why have so many gamers in the U.S. rejected NFTs ...
23/12/2022

Owning assets in a video game seems like a pretty natural concept, so why have so many gamers in the U.S. rejected NFTs outright? Yat Siu, co-founder of Animoca: I think the reason why so many in the West, particularly in the U.S., are rejecting NFTs is not because of the fact that NFTs give you ownership. I think the rejection is partly due to shifting sentiments about capitalism....

https://blocktelegraphs.com/the-metaverse-is-awful-today-but-we-can-make-it-great-yat-siu-big-ideas/

Owning assets in a video game seems like a pretty natural concept, so why have so many gamers in the U.S. rejected NFTs outright? Yat Siu, co-founder of Animoca: I think the reason why so many in the West, particularly in the U.S., are rejecting NFTs is not because of the fact that NFTs give

Owning assets in a video game seems like a pretty natural concept, so why have so many gamers in the U.S. rejected NFTs ...
23/12/2022

Owning assets in a video game seems like a pretty natural concept, so why have so many gamers in the U.S. rejected NFTs outright? Yat Siu, co-founder of Animoca: I think the reason why so many in the West, particularly in the U.S., are rejecting NFTs is not because of the fact that NFTs give you ownership. I think the rejection is partly due to shifting sentiments about capitalism....

https://blocktelegraphs.com/yat-sius-big-ideas-were-already-living-in-the-metaverse/

Owning assets in a video game seems like a pretty natural concept, so why have so many gamers in the U.S. rejected NFTs outright? Yat Siu, co-founder of Animoca: I think the reason why so many in the West, particularly in the U.S., are rejecting NFTs is not because of the fact that NFTs give

It has been a tumultuous year for the crypto investors who have witnessed the total crypto market capitalization tumble ...
22/12/2022

It has been a tumultuous year for the crypto investors who have witnessed the total crypto market capitalization tumble from about $2.2 trillion at the beginning of 2022 to about $850 billion in December. The sharp erosion in valuation was caused due to several high-profile bankruptcies in 2022. The entire Terra ecosystem imploded with the collapse of its LUNA token and TerraUSD (UST) stablecoin....

https://blocktelegraphs.com/5-cryptocurrencies-to-keep-an-eye-on-in-2023/

It has been a tumultuous year for the crypto investors who have witnessed the total crypto market capitalization tumble from about $2.2 trillion at the beginning of 2022 to about $850 billion in December. The sharp erosion in valuation was caused due to several high-profile bankruptcies in 2022. The...

Coinbase CEO Brian Armstrong has pushed for stricter regulations on centralized crypto actors but says decentralized pro...
22/12/2022

Coinbase CEO Brian Armstrong has pushed for stricter regulations on centralized crypto actors but says decentralized protocols should be allowed to flourish given that open-source code and smart contracts are “the ultimate form of disclosure.” Armstrong shared his views on cryptocurrency regulation in a Dec. 20 Coinbase blog where he proposed how regulators can help “restore trust” and move the industry forward as the market continues to recover from the damage done by…...

https://blocktelegraphs.com/coinbase-ceo-regulate-centralized-actors-but-leave-defi-alone/

Coinbase CEO Brian Armstrong has pushed for stricter regulations on centralized crypto actors but says decentralized protocols should be allowed to flourish given that open-source code and smart contracts are “the ultimate form of disclosure.”Armstrong shared his views on cryptocurrency regulati...

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