There’s no denying the current narrative about Web3: it’s a boys club. And, if we keep affirming this narrative, it’s bound to come true. The truth of crypto as a boys club won’t just be detrimental to women — it’ll be detrimental to the entire promise and growth of Web3. Web3 is not an exclusive
Altcoin Paradise
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Lynn Liss, the chief operating officer and co-founder of Akoin, a cryptocurrency and blockchain ecosystem designed to empower entrepreneurship
Quick summary: Beanstalk DAO has reportedly been exploited for $75 million through a flash loan The exploiter might have used a proposal to ‘Give 250k Bean to Ukraine’ to kick-start the exploit PeckShiled Inc. has notified the team at Beanstalk of the possible flash loan The exploiter has already started transferring some of the Ethereum
Transaction fees on the Ethereum network are dropping again after average fees saw a brief spike on April 5 jumping to $43 per transfer. 12 days later, average ether fees are close to dropping below $10 per transaction and median-sized fees have slid below $4 per transaction. Moreover, layer two (L2) transaction fees have also
Quick take: Moonbirds NFTs currently top the list in 24-hour trade volume at $157 million The Moonbirds NFTs went on sale yesterday, April 16th, and are dominating the daily and weekly trade volumes Their trade volume has exceeded that of Meebits and Bored Ape Yacht Club NFTs There are currently 6,920 holders of Moonbirds, with
Lawmakers in Australia want to regulate decentralized autonomous organizations (DAOs). In this three-part series, Oleksii Konashevych discusses the risks of stifling the emerging phenomenon of DAOs and possible solutions. Crypto anarchy is unlikely to be the future that the majority of people support. Company regulation, in its essence, has a lot of positive aspects or
On-chain data shows the Bitcoin short-term holder SOPR has broken above one for the first time since December 2021. Bitcoin Short-Term Holders Return To Profit Once Again As pointed out by an analyst in a CryptoQuant post, the BTC STH SOPR has once more broken past the “one” barrier. The “Spent Output Profit Ratio” (or
Following the withdrawal of former Federal Reserve Board governor Sarah Bloom Raskin, United States President Joe Biden has announced his intention to nominate former Obama administration official and law professor Michael Barr as the central bank’s vice chair for supervision. In a Friday announcement, the White House said Barr was Biden’s pick to supervise the
Robinhood CEO Vladimir Tenev took to Twitter on Thursday afternoon to explain how Dogecoin could become the “future currency of the internet.” In a thread of 12 posts to his nearly 200,000 followers, Tenev outlined what steps need to be taken to transform the memecoin into a usable asset for everyday payments and transactions on
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Mastercard files 15 metaverse and NFT related trademarks Multinational payments
A district court in Moscow has arrested a man whom local media reports identify as Dmitry Pavlov, alleged administrator of the recently shut down darknet market Hydra. Russian authorities believe he has been involved in drug-related crime punishable by up to 20 years in prison. Moscow Court Arrests Russian Believed to Be Hydra Administrator Meshchansky
The Bitcoin spot ETF does not yet exist, with crypto companies proposing various concepts to the Securities and Exchange Commission (SEC) over the years. However, a few companies have legitimized the Bitcoin futures ETF. Crypto companies have fought to legitimize a Bitcoin spot ETF in the United States for years, but the SEC has yet
The feeling in the crypto and decentralized finance space has been shifting and evolving. The industry is also becoming more scrutinized and, inevitably, more organized. Some weeks ago, United States President Joe Biden signed an Executive Order to expedite and focus regulatory oversight of the $3-trillion industry. The order will spur the government to examine
Summary: Ethereum’s Vitalik Buterin has chimed in on the Elon Musk and Twitter saga Vitalik does not oppose Elon Musk running the social media platform However, he disagrees with wealthy people and organizations orchestrating hostile take-overs of social media firms He believes such hostile takeovers could go wrong if the buying entity is ‘ethically challenged’
Bitcoin had finally broken past the $40,000 over the past 24 hours owing to Luna Foundation Guard’s (LFG) BTC buying spree. The price action was, however, dampened too soon as the coin after registering a hike of 7%, dipped by 4% at the time of writing. The 24-hour trading volume of Bitcoin also took a
Bitcoin (BTC) fooled no one with its criss-crossing of $40,000 on April 15 as traders remained firmly risk-off on BTC. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin returns to key 2022 Fib level Data from Cointelegraph Markets Pro and TradingView showed BTC/USD bouncing modestly after returning to the $39,500 zone on April 14. The move
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