Decentralized protocols, finance philosophy, and investing.
Former police officer, vegan, and mayor-elect of New York City Eric Adams has dreams of putting the Big Apple on the blockchain. In an interview with Bloomberg Radio on Wednesday, Adams bragged that he would finally transform the city into one hospitable to cryptocurrency. “We need to look at what’s Read more…
EA CEO Andrew Wilson called NFT and “play-to-earn” games the “the future of our industry,” but added that “it’s still early to figure out how that’s going to work,” when asked about the topic during the company’s earnings call this week. From a report: “I think that in the context Read more…
An anonymous reader quotes a report from Gizmodo: The anonymous hucksters behind a Squid Game cryptocurrency have officially pulled the rug on the project, making off with an estimated $2.1 million. […] The SQUID cryptocurrency peaked at a price of $2,861 before plummeting to $0 around 5:40 a.m. ET., according Read more…
Bitcoin is up 4% in the last 24 hours after El Salvadorian President Nayib Bukele announced that his government had purchased an additional 420 BTC, which is equivalent to around $25 million. The country now holds an estimated 1,120 bitcoin. CoinDesk reports: “Today the markets were buoyed by news of Read more…
DeFi protocol Cream Finance suffered yet another hack this year after an exploit stole at least $130 million in what could be one of the largest thefts in decentralized finance. From a report: The attack on the Ethereum-based lending protocol was first reported by The Block Crypto, which cited a Read more…
Mark Cuban’s basketball team, the Dallas Mavericks, announced a five-year partnership with Voyager Digital yesterday that makes the company the team’s first cryptocurrency brokerage. A report adds: The agreement also includes free Bitcoin for fans that sign up in the initial two days of the partnership, as explained by the Read more…
A top U.S. bank regulator said U.S. officials are looking to provide a clearer path for banks and their clients that are looking to hold cryptocurrencies, in order to keep control over the fast-developing asset. Reuters reports: Jelena McWilliams, who chairs the Federal Deposit Insurance Corporation, told Reuters in an Read more…