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MakerDAO revenue tumbles 86% on Ether and Wrapped BTC woes

October 14, 2022 by

Messari research shows MakerDAO has experienced its first quarter of net income loss since 2020 following a huge fall in loan demand and few liquidations.

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NFT games are ‘only scratching the surface’ of what’s possible — Animoca’s Yat Siu

October 14, 2022 by

Yat Siu thinks it’s only a matter of time until more advanced models of NFT gaming are created, designed around the ideas of digital ownership, interoperability and economic utility.

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China floats idea of ‘Asian yuan’ to reduce reliance on US dollar

October 14, 2022 by

The proposed distributed ledger technology-backed “Asian yuan” token would supposedly help reduce Asia’s dependence on the U.S. dollar for international business.

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Japanese gaming giant’s hiring spree ahead of NFT marketplace

October 14, 2022 by

Japanese entertainment and video game company Konami has posted new job openings to expand its NFTs, Web3 and Metaverse offerings.

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Regulators are ‘spending too much time’ on crypto: Comptroller

October 14, 2022 by

Michael Hsu stated that it is starting to worry him that “we’re not spending that time and attention on some other things,” like fintech, which he described as the “future.”

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Web3 devs ‘more active than ever’ amid crypto winter: Report​​

October 14, 2022 by

Consecutive all-time-high smart contract deployments and surging usage of Web3 script libraries mean that Web3 devs are still busy working despite the prolonged market downturn.

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FASB guidelines could ‘smooth the way’ for broader crypto adoption

October 14, 2022 by

Another step has been taken on the path to use fair-value accounting for the reporting of crypto assets in the United States.

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CoinShares’ Twitter bot gives a ‘fair price’ on NFTs, some disagree

October 14, 2022 by

The bot is based on an algorithm that is focused on aggregating different data sets from OpenSea to determine the supposed “fair price” of an NFT.

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NFTs will be ‘as disruptive’ as Bitcoin was 10 years ago — Kraken exec

October 14, 2022 by

Jonathon Miller, managing director of cryptocurrency exchange Kraken in Australia says despite NFT volumes plunging, the company remains “bullish on the NFT space.”

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Crypto users renew calls for Satoshi Nakamoto to win Nobel memorial prize for economics

October 13, 2022 by

Major figures in the crypto space argued the Bitcoin creator was the most deserving candidate for the economic award, despite the fact Satoshi’s true identity remains unknown.

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Rep. McHenry gives progress report on stablecoin legislation, says it’s an ‘ugly baby’

October 13, 2022 by

The ranking member of the House Financial Services Committee praised the bipartisanship behind the coming bill, but says there are “complex conversations” ahead.

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Time to switch from LinkedIn to MetaMask? Not yet, but soon

October 13, 2022 by

Thanks to NFTs, crypto wallets will soon enable users to prove their credentials without using third-party background checks.

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Cosmos co-founder says a major security vulnerability has been uncovered on IBC

October 13, 2022 by

A public patch fixing the exploit is scheduled to be released tomorrow.

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This is what your email could look like in Web3

October 13, 2022 by

The first generation of blockchain-based messaging platforms are attempting to address the missing pieces of Web3 adoption.

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US lawmaker says crypto regulation from SEC is ‘needed now’

October 13, 2022 by

Senator Hickenlooper requested the SEC engage with the public by opening a “notice-and-comment period” to develop rules and regulations applicable to crypto.

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Tether reduces commercial paper exposure to zero, replaces investments with T-Bills

October 13, 2022 by

The USDT issuer has faced criticisms for its exposure to commercial paper and, specifically, its alleged holdings of Chinese commercial paper.

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Bitcoin traders were ready for a hot CPI report, but BTC bears are still in control

October 13, 2022 by

BTC nose-dived to its lowest level since Sept. 21, and data shows pro traders continue to avoid leverage longs.

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EU commissioner McGuiness says privacy, AML may look different from US under MiCA

October 13, 2022 by

The commissioner said Europe is watching U.S. securities regulation developments very closely, but Europe is not following the American lead in its attitude toward energy use.

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UK gov’t introduces bill to digitize trade documents — potentially traced using blockchain

October 13, 2022 by

The Lord Privy Seal of the U.K.’s House of Lords introduced the bill, which ironically was “ordered to be printed” following a first reading on Oct. 12.

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Blockchain games and metaverse projects raised $1.3B in Q3: DappRadar

October 13, 2022 by

The blockchain gaming sector remains active in terms of adoption and venture capital firms have taken notice, according to industry data.

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Al tech aims to make metaverse design accessible for creators

October 13, 2022 by

The Mona metaverse unveiled an AI-enabled material creator for advanced creative and personalized metaverse design.

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BTC price hits 3-week lows on US CPI as Bitcoin liquidates $57M

October 13, 2022 by

Predictable but unsettling chaos hits crypto markets as U.S. inflation data sparks a rout to $18,200 for BTC.

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Uniswap Labs raises $165M as attention shifts to NFTs, Web3

October 13, 2022 by

The decentralized exchange has supported $1.2 trillion in cumulative trading volume since its inception, according to founder and CEO Hayden Adams.

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Why is the price of Huobi Token up 12% today as rest of the market slumps?

October 13, 2022 by

HT price makes further gains as Huobi Global opens SEAN spot trading, but the rally might be short-lived as technicals flip bearish.

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NFTs and crypto provide fundraising options for breast cancer awareness

October 13, 2022 by

Organizations are partnering with NFT projects and accepting crypto donations to draw attention to Breast Cancer Awareness Month.

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Bitcoin to become ‘trusted means of exchange’ in EU: Bitcoin Amsterdam 2022

October 13, 2022 by

Cointelegraph reporter Gareth Jenkinson interviewed Nigel Farage, a former member of the European Parliament, at the Bitcoin Amsterdam 2022 event.

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Samsung uses blockchain-based security for devices in its network

October 13, 2022 by

Samsung’s Knox Matrix uses blockchain technology backing to increase security for all personal smart devices of a user connected to the network.

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Meta’s Web3 hopes face challenge of decentralization and market headwinds

October 13, 2022 by

Meta’s metaverse aspirations haven’t fared well for the tech giant, as the firm wiped out nearly five years’ worth of market cap in just 10 months of 2022.

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Hodlers prefer centralized exchanges over DeFi for security: Chainalysis

October 13, 2022 by

Security remains a perennial concern for DeFi protocols, but DeFi will still inevitably “grow and flourish,” Bitfinex CTO Paolo Ardoino believes.

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DappRadar explains why it counted less than 40 active users on Decentraland

October 13, 2022 by

DappRadar only tracks users directly interacting with blockchain, a new blog post explains. For example, Axie Infinity’s daily user count is over 100,000, but DappRadar measures it only at 20,000.

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