Analysis of Bitcoin’s proof-of-work and the Lightning Network exposes the banking system as energy-hungry, demonstrating that Bitcoin is better for the planet.
Decentral Block Post
‘Builders rejoice’: Experts on why bear markets are good for Bitcoin
Crypto winters are actually good for Bitcoin, say experts, as some pivotal BTC projects like the Lightning Network were born during bear markets.
Metaverse could be worth $5 trillion by 2030: McKinsey report
A new report from global consulting firm McKinsey found that the Metaverse could be worth $5 trillion by 2030.
Liquidity provider asks platforms to freeze 3AC funds to recover assets after litigation
Danny Yuan said that their team detected that $1 million was missing from their company's funds at Three Arrows Capital (3AC).
Yahoo launching Metaverse events for Hong Kong residents under restrictions
Yahoo has announced its intention to launch a series of Metaverse projects in Hong Kong, apparently creating a brief rally for Decentraland’s native token, MANA.
Total supply of stablecoins dropped sharply for first time ever in Q2
A separate graph also saw USDC and BUSD supply drop sharply in May, however both have since rebounded and are close to being back to their respective all-time high levels.
True Global Ventures doubles down on Web3 with $146M ‘follow-on’ fund
The TGV4 Plus Follow On Fund was led by a group of 15 general partners who committed over $4 million on average (over 40%) into the fund.
Former president of the New York Stock Exchange joins Uniswap Labs as an adviser
Uniswap said it is betting on her experience with TradFi translating over to DeFi to further help them evolve their place in Web3.
Ankr partners with Optimism to provide a fast and reliable RPC service for users
Ankr also said that it will incentivize independent Optimism node operators to add their nodes to the load balancer in return for ANKR tokens.
Vitalik Buterin shares his thoughts on non-financial use-cases for blockchain
Essential goals like “trust and censorship resistance” can be aided by distributed ledger technology, said Buterin.
MetaMask warns of security vulnerability from older versions of popular crypto wallet
"Ultimately, we've learned that our password encryption feature's security was partially undermined by browser behavior," said the team at MetaMask.
Nifty Newsletter: Mastercard to enable direct NFT purchase, NFT floor prices collapse and more
Last week, Apocalyptic Apes founder Bill Starkov told Cointelegraph that NFT holders can earn millions by licensing their NFTs.
Bitcoin is here to stay even as new innovations develop — Bybit founder
Ben Zhou, the founder of Bybit, said that the exchange is putting some focus on educating users who are new to crypto.
Kraken reiterates hiring targets as CEO denounces 'woke activists' in corporate culture
"We recognize that hurt feelings are inevitable in a global organization that is optimizing for team outcomes above individual sentiment," said the team at Kraken.
Chainlink integrates with Moonbeam to provide price data to Polkadot developers
Derek Yoo, the founder of Moonbeam, noted that the integration lets their platform provide “building blocks” to DeFi developers.
Celsius reportedly seeks advice from lawyers on restructuring
Celsius reportedly onboarded attorneys to find different solutions to the current financial challenges that the company is facing.
Su Zhu’s cryptic statement as rumors swirl of 3AC liquidations and insolvency
“We are in the process of communicating with relevant parties and fully committed to working this out” Su Zhu stated.
ICI Bucharest to use Elrond blockchain to develop DNS and NFT marketplace
The two entities seek to enhance the integration of innovative Web 3.0 technologies in everyday use.
OpenSea announces migration to Seaport protocol
The firm estimated that users can save 35% on gas fees with newly optimized transaction efficiency.
Chain.com tokens lose 96% of value in 24 hours due to flash crash before recovery
Prices quickly recovered after developers determined that a technical API issue, not a security breach, catalyzed the heavy sell-off.
What happens if you lose or break your hardware crypto wallet?
The safety of the recovery phrase is way more important than keeping the hardware wallet safe, according to executives at Ledger and Trezor.
Following the signs: How crypto stickers led to a new career opportunity
A sign on the wall of a crypto company kicked off Daniel Karikari’s pursuit of a career in blockchain and cryptocurrency.