Marco De Rossi, President and Co-Founder of HAL.xyz, a blockchain data listening and automation platform.__________ Cryptocurrency is strong on self-sovereignty with the term “not your keys, not your coin” a popular maxim when talking about crypto ownership. While owning your private keys may be one step in self-custody, another is understanding what is actually…
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Cross-chain bridging protocol, Hop has launched Hop DAO, its community-owned governance structure that will see early users airdropped 8% of all HOP tokens. Hop Protocol, a cross-chain bridge designed to facilitate the quick transfer of tokens between different Ethereum Layer-2 scaling solutions, has unveiled a new governance model alongside an airdrop that will see early…
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The three co-founders have been ordered to pay hefty fines for what the CFTC calls their involvement in serious violations of regulations and the Commodity Exchange Act. The U.S. District Court for the Southern District of New York has ordered a total of $30 million civil monetary penalties from the three co-founders of BitMEX crypto…
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Bluesky outlined that it is “not possible to have a usable social network without moderation,” and intends to build a moderation model for the network dubbed “speech and reach.” Twitter’s decentralized social media project Bluesky has released its first batch of code, and also committed to content moderation on the network. Former Twitter CEO Jack…
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After almost seven months and over 8.4 million emails on the waitlist Coinbase opened its NFT marketplace to the public but only recorded 150 transactions on the big day. Coinbase, one of the largest crypto exchanges by volume, opened its beta non-fungible token (NFT) marketplace to the public on May 4 with on-chain data showing…
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Catch up on the latest funding and partnership news about GameFi and web3 gaming. This week Cointelegraph covers LootRush, Axie Infinity and Polygon Studios. SpongeBob and Warhammer mobile game scores Polygon partnership Free-to-play mobile games publisher Tilting Point has entered a multiyear partnership with Polygon Studios to launch 10 web3 games over the next two…
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Tesla and Spacex CEO Elon Musk has secured $7.139 billion in new financing commitments to fund his acquisition of Twitter, including from several pro-crypto companies. Cryptocurrency exchange Binance, for example, has committed to invest $500 million in the social media platform alongside Musk. Crypto-Friendly Companies Join Elon Musk to Buy Twitter Tesla CEO Elon Musk…
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High-end fashion house Gucci will begin accepting cryptocurrencies at some of its stores this month, including bitcoin, ether, dogecoin, and shiba inu. The company plans for all of its directly operated stores in North America to accept crypto by this summer. Gucci to Start Accepting Crypto Payments Italian high-end luxury fashion house Gucci will start…
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California Governor Gavin Newsom has signed an executive order on crypto and blockchain to create a comprehensive and harmonized framework for Web3 technology to thrive. “California is a global hub of innovation, and we’re setting up the state for success with this emerging technology,” said the governor. California’s Governor Issues Executive Order on Blockchain and…
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Ethereum exchange inflows had been on the high side for the better part of the past week. They averaged above $1 billion each day giving credence to the sell-off trend that has been experienced in the market. However, it seems there is a turn in the tide coming. As the weekend draws to a close,…
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