In his seminal novel “Ready Player One,” author Ernest Cline describes a grandiose virtual reality where people spend the majority of their time, offering an escape from a reality battered by social, economic and political strife.This is a world where di
Every year on May 22nd, the crypto community celebrates the anniversary of the first real purchase with bitcoin – two pizzas that would change the history of payments, inspiring projects, platforms, and exchanges to make crypto truly useful.
Cryptocurrencies and non-fungible tokens (NFTs) are becoming a bigger part of the investment world as more and more people buy these assets. It is important to take these digital assets into account in your estate plan so they will pass to your loved ones at death, just like more
Last week, Cambridge University’s Cambridge Centre for Alternative Finance (CCAF) released an update to its heavily cited (and rightfully so) Cambridge Bitcoin Electricity Consumption Index (CBECI), which in part looks to uncover and share the geographic location breakdown
So far, 2022 has been as unkind to digital coins as it has been to stocks. Bitcoin is down more than 37% on the year. Ethereum is down more than 41% and crypto, in general, has been in the news for...
Luna collapsed, terraUSD collapsed and this is now going to be a Big Thing. I would go so far as to say that UST’s collapse, as dramatic as it was, will have a legacy similar to Libra’s.PSA: I’ll be in Davos, Switzerland, covering the World Economic Forum’
Justin Sun, founder of the Tron blockchain and Grenada’s ambassador to the World Trade Organization, said that, if anything, the collapse of UST and LUNA was a good lesson in what not to do when building an algorithmic stablecoin.Before it collapsed, the combined value of T
LimeWire is coming back to life as a digital collectibles marketplace, and it's starting with a partnership with Universal Music Group, according to a press release issued by UMG. POLL: Do You Think...
As Luna's price fell and investors ran for the exits, the meltdown sent shivers across the crypto space, prompting U.S. regulators to sound fresh alarms against the space and warning investors about the danger of stablecoins.
However, even with all this media attention, the adoption of cryptocurrency and NFTs is fairly slow in the U.S. About one in 10 people in the U.S. report that they own crypto, with just 2.8% reporting that they have bought an NFT.
The founder of one so-called decentralized stablecoin thinks Terra’s collapse is a wake-up call for anyone who hasn’t already seen the inherent risks in another kind of stablecoins – uncollateralized, algorithmic stablecoins.This article is excerpted from The No
Happy Friday, readers. David Z. Morris here, filling in for Michael Casey.For the past six weeks, I’ve had an eagle eye on the terraUST (UST) algorithmic stablecoin system, first writing about why it would collapse, then watching as it did exactly that. The human tragedy ha
Dogecoin is a cryptocurrency that began as an entertaining joke but has since gone on to see massive gains – and losses. Here is a look at how the price may develop.
If you had to guess which generation is experiencing the most success investing in cryptocurrency, chances are you might place your bets on Generation Z. In April 2022, GOBankingRates surveyed 1,037...
When you send a Bitcoin transaction currently, it goes a little something like this: You acquire an address from your recipient, you pick out which unspent transaction outputs (or UTXOs, what the cool folks call “coins”) you want to send, and you sign a transaction wi
I sometimes wish there were a way to trade when people say stupid things. If there were, I would have made a fortune over the last decade by betting on someone saying that bitcoin (BTC) was “essentially worthless” or similar garbage every time its value dips.
Bitcoin continued its roller coaster ride on May 20, gaining more than 3% over a 24-hour period that saw the cryptocurrency's price swing from a low of $28,829.20 to a high of $30,718.50. Bitcoin is...
Ryder Ripps, a contemporary artist known for his satire, stunts and design work for millennial-geared brands, has begun minting a non-fungible token (NFT) set mocking the highly influential Bored Ape Yacht Club (BAYC).About 265 tokens were minted “by hand” by Ripps si
NFTs are gaining massive traction these days, and some are being sold for millions. Here are the most expensive NFTs sold so far and how much they're worth.