Microtransactions are a staple of many modern video games, to the point that many have just accepted them. Thanks to blockchain technology, however, new models are emerging that stand to disrupt the norm. Play-to-earn video games are growing in popularity, and new services are lo
It ended pretty much the same way it began, with a tweet. Discord founder and CEO Jason Citron yesterday went to reassure users that the popular messaging platform will not be integrating crypto after all. This comes after a period of public backlash, where users threatened to or
With the world’s reserve currency, the U.S. dollar, hitting a dramatic spike in inflation, bitcoin (BTC) has recently risen to its highest-ever valuation, showing how it can offer a radical alternative to the world of traditional finance.
The cryptocurrency world is full of jargon. You’ve got your non-fungible tokens (NFT), your Ethereum, your Solana, your know-your-customer (KYC), your altcoins, your stablecoins – not to mention where it all started: bitcoin.If all this jargon had a home, it would be
NFTs ability to prove authenticity of digital art has led to a boom in collectibility and the creation of a new art market that is not susceptible to replication. Black artists are finding an equitable way to profit from the new multi-million dollar crypto art market.
Bitcoin (CRYPTO: BTC) has been surging in recent weeks, shattering its previous records. The cryptocurrency recently reached a new high of more than $68,000 per token, up more than 53% since the beginning of October. Some experts believe this is only the beginning for Bitcoin, pr
Cryptocurrency can be a rewarding investment, but it's not right for everyone. Cryptocurrency is famous for its volatility, as its price often fluctuates wildly from day to day. Even the most stable of them have experienced serious downturns.
Microtransactions are a staple of many modern games, to the point many have just accepted them. However, new models are emerging, thanks to blockchain technology, that stand to disrupt the norm. Play-to-earn games are growing in popularity, and new services are lowering the cost
Last week, a four-decades old law about cash was modified to incorporate cryptocurrency. Buried deep inside President Biden’s thousand-page Infrastructure bill was an amendment to an arcane section of the U.S. Internal Revenue Code, which sets reporting requirements for pay
Navajo Nation is prime bitcoin mining country.While Texas and Wyoming have taken the limelight since China’s bitcoin mining ban, the groundwork for bitcoin mining is already present in the American Southwest. It’s a good match, too: Bitcoin mining incentivizes healthy
In a Twitter thread yesterday, writer and speaker Dave Troy explicitly tied bitcoin to far-right American politics, calling bitcoin advocacy a “sequel to the January 6th attack” on the U.S. Capitol building in Washington, D.C.I can't stress this enough: the crypto att
The future of NFTs and their applications are much bigger and brighter than gaming and art. NFTs can represent proof of ownership, manage licensing, provide social status, grant exclusive access and certify authenticity.
No one said understanding crypto would be easy – the technology is complicated, the slang impenetrable, the interfaces in need of improving. Sending an on-chain transaction for the first time is hard enough without having those you trust – the media, your entertainers
With the progress being made on the Beacon Chain over the past few weeks, I wanted to use this week’s newsletter to give an overview of the CoinDesk validator and its brief history.About nine months ago when ether was just $1,600, the CoinDesk team deposited 32 ETH to the s
The Financial Action Task Force (FATF)’s long-awaited update to its guidance on virtual assets lays out a comprehensive set of guidelines to regulate the quickly evolving cryptocurrency space. With this update released, digital assets firms in the coming years are likely to
In the fashion industry, the metaverse has become a costly playground, with the world's largest, most profitable luxury brands rushing to quickly seize ground in the metaverse. This is seen in the increased uptake of VR films by fashion designers such as Denni Francisco.
The Financial Action Task Force (FATF)’s long-awaited update to its guidance on virtual assets lays out a comprehensive set of guidelines to regulate the quickly evolving cryptocurrency space. With this update released, digital assets firms in the coming years are likely to
Regardless of those opposed to the idea, DeFi technology is booming, reaching a market cap of $133.34 Billion in 2021, and a system that opens up access to finance for millions of people around the world is certainly not 'baloney.'
Some people were annoyed when they heard Ethereum Name Service, more commonly known as ENS, would be issuing a token. It was the “one, legitimate tokenless project,” and it was bending the knee to the market. Tokens are speculative by nature, prone to severe price flu
Something is broken in blockchain development. We hear about hacks in crypto all the time, the industry is filled with hastily developed products, and project delays are often expected.