Blockchain

The next generation of the World Wide Web (Web3) is being built on blockchains using tools and technologies similar to the ones that empower cryptocurrency, NFTs, smart contracts, and the world of DeFi. If Web3 reaches its full potential, it will quite literally change the world. That's a bold claim, so we need some bold evidence. Let's start with a little demonstration. Continue Reading →

Britain’s Financial Conduct Authority said that Binance Markets Limited, the world's largest cryptocurrency exchange, “is not permitted to undertake any regulated activity in the U.K.” While some news outlets are reporting this as a ban, the key phrase is "regulated activity." The U.K. isn't banning crypto; it is refusing to regulate crypto-based derivatives and other types of transactions that are illegal in the U.K. unless they are regulated. This will limit the types of transactions you can do on binance.com in the U.K., but Brits will still be able to buy and sell their crypto. Continue Reading →

For anyone who invested at the top of the crypto hype cycle over the past few weeks, today is a reprise of "Black Tuesday." Continue Reading →

Bitcoin crashed hard this weekend, and the selloff doesn't seem to be turning around too quickly this morning. The crypto markets have been unusually volatile recently, and a contributing factor may be the Chinese government's serious crackdown on bitcoin mining operations. Continue Reading →

The top global standard setter for banking regulation -- The Basel Committee for Banking Supervision, a group of global central bankers and regulators -- proposed a strict new rule that would require banks to set aside a dollar in capital for every dollar of bitcoin or other crypto assets they own. Stablecoins (cryptocurrencies pegged to traditional assets) would be subject to lower capital requirements. Continue Reading →

The crypto markets got hammered over fears that the FBI had recovered the ransom Colonial Pipeline paid in bitcoin (true), and, therefore, all crypto can be easily hacked (false). The FUD is still rampant, and the depth and breath of misinformation and misunderstanding about the hackability of cryptocurrency is profound. Continue Reading →

Mike Novogratz has a good reason to believe that crypto is valuable. In March 2021, he revealed that cryptocurrencies made up nearly 85% ($4.8 billion) of his $5.65 billion net worth. But is crypto useful? Continue Reading →

The NFT marketplace peaked on May 3, when $102 million worth were sold in a single day. Crypto-collectibles accounted for $100 million of those sales, but according to data analyzed by Protos, just $19.4 million in NFT sales (including $9.2 million in crypto-collectibles) were processed in the past week: a near-90% collapse from the market's peak just one month ago. Continue Reading →

Cybersecurity firm NortonLifeLock will add a cryptocurrency mining feature to its Norton 360 platform. The test group of customers will be able to mine ether (ETH), the second most popular cryptocurrency after bitcoin (BTC). Continue Reading →

The moment comes when you realize there's real money in your crypto wallet and you start wondering about hackers and ransomware and all kinds of bad stuff. If you've set up a digital wallet, bought some crypto, and collected a few NFTs and you're starting to trade across a range of marketplaces and exchanges, you are starting to experience the exceptional financial freedom the world of DeFi has to offer. Of course, there's a catch… Now, you're also in charge of guarding the treasury. Continue Reading →