Historically, bear and bull market cycles in crypto tend to correlate with the amount of talent that enters the space. As the all-time highs from the last two-year bull market dissipate and it seems like a new bear market is settling in, only those talented individuals with strong convictions can find the motivation to devote…
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Social tokens are increasingly being used in online blockchain communities. They offer numerous benefits to users. The crypto world is going through a transformative chapter that is bound to revolutionize how the internet works and how online communities interact, and social tokens are at the heart of the latest inflective developments. Their rise comes at…
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Analysts forecast a market size of $81.5 billion for Web3 by 2030, but the growth comes with obstacles along the way. By 2030, Web3 is expected to reach a market size of $81.5 billion, according to Emergen Research, but the industry still has challenges to overcome, including security and interoperability, said players interviewed by Cointelegraph.…
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Are TradFi and DeFi converging, moving toward a middle ground that includes tokenized assets, interoperability and regulation? SWIFT is a payments colossus. It operates across more than 200 countries, has 11,000-plus financial institution clients and transmits some 8.4 billion financial messages every year. It is the global leader in cross-border bank-to-bank payments and recently played…
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Just recently the developers behind the Bitcoin Cash-centric project Anyhedge released the alpha version of the Anyhedge Whitelabel and since then, 284 smart contracts were created onchain, and more than $32,900 in funds hedged using the alpha protocol. Furthermore, this month, General Protocols, the engineers behind Anyhedge, revealed the team plans to launch a decentralized…
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The growth in Bitcoin added to the layer-2 Lightning Network has electrified over the past year, hitting 4,000 Bitcoin less than four months ago. Bear markets are for building out capacity on the layer-2 Lightning Network. Despite macroeconomic headwinds and sluggish price action, the Lightning Network, the layer-2 payments solution fo Bitcoin (BTC), continues to…
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From profile pictures to celebrity endorsements, the NFT space has changed a lot since the market boom in 2021. Over the last two years, nonfungible tokens (NFTs) have emerged as one of the most active and noticeable aspects of Web3. The data stored on blockchains by NFTs may be connected with files that include various…
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Blockchain combined with decentralized storage could ensure data preservation and anonymity when reporting war crimes. Human rights investigators appointed by the United Nations (UN) have confirmed war crimes have been committed by Russian forces in Ukraine. A report developed by the Independent International Commission of Inquiry on Ukraine was created in March 2022 to provide…
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The Internet hacktivist group called on high-profile celebrities and big brands to speak up and take a stand. On Sept 26, internet hacktivist group Anonymous released a video addressing blockchain technology company Yuga Labs and its NFT-driven social club, Bored Ape Yacht Club (BAYC). The group’s statement included a laundry list of allegations regarding Yuga…
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The presence of global players may be viewed positively by the industry, but Tony Ling claims this does not impact mass adoption. The presence of big players in the nonfungible tokens market might evangelize newbies, but they do not lead to mass adoption or innovation, claimed Tony Ling, co-founder of NFTGo in a conversation with…
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