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6 Questions for Tongtong Bee of Panony

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 Tongtong Bee, co-founder of Panony — an incubator, investor and adviser for blockchain and Web3 business.

I’m Tongtong Bee, the co-founder of Panony and founder and editor-in-chief of PANews. I started my professional journey as a journalist at China’s traditional news outlets, including China News Service, Jiemian and Cailian Media Group. Since 2015, I’ve been covering blockchain and fintech news as one of the few journalists in China to focus on these sectors at the time. 

My focus on economic issues and emerging technologies led to me being selected to report on the “Two Sessions” (NPC and CPPCC) in 2018. And that’s the year my business partner Alyssa and I started PANews. We’ve published over 20,000 articles with an average of over 5 million page views per month, became a frequently cited source in crypto and blockchain journalism, including Forbes, Caixin, CCN, and we’re an official news source of Tencent News.

What is Chainlink VRF and how does it work?

Using the provably fair and verifiable random number generator provided by Chainlink VRF, smart contracts can access random values without compromising security or usability.

What is Chainlink VRF and how does it work?

Using the provably fair and verifiable random number generator provided by Chainlink VRF, smart contracts can access random values without compromising security or usability.

Elon Musk: US 'past peak inflation' after Tesla sells 90% of Bitcoin

The firm may be caught short in the event that markets have already bottomed and crypto starts to deliver serious returns again.

Elon Musk: US 'past peak inflation' after Tesla sells 90% of Bitcoin

Bitcoin (BTC) is in short supply at Tesla, even as its CEO predicts that United States inflation has already peaked.

Speaking at Tesla’s 2022 Annual Meeting of Stockholders on Aug. 5, Elon Musk predicted that an upcoming United States recession would only be “mild to moderate.”

Musk on costs: "The trend is down"

After recently selling almost all of its $1.5 billion BTC holdings, Tesla is seeing the emergence of exactly the kind of economic landscape in which risk assets thrive.

During a Q&A session at the Annual Meeting, Musk revealed that six-month commodities pricing for Tesla parts is already getting cheaper, not more expensive.

Commodities, he said, are trending down, providing a hint that inflation has already hit its highest levels.

The UK cannot afford to send mixed messages on crypto

Regulators have expressed conflicting messages about whether the U.K. is a good place for cryptocurrency development to occur.

Crypto VC funding hits $30.3B in H1, Michael Saylor steps down as MicroStrategy CEO, and Voyager to return $270M worth of customer assets: Hodler’s Digest, July 31-Aug 6

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

 

Crypto fundraising hits $30.3B in H1, outpacing all of 2021: Report

A report from crypto analytics firm Messari on Tuesday showed that the crypto sector has raised $30.3 billion in funding this year, already outpacing the total for all of 2021, which was $30.2 billion. The figure was achieved via 1,199 funding rounds in the first half of the year, with $10.3 billion, more than a third of the capital, going towards the centralized finance sector. Notably, the NFT gaming sector raised more than all of decentralized finance at $4 billion. DeFi, comparatively, raised just $1.8 billion.

 

Michael Saylor will step down as MicroStrategy CEO but remain as executive chair

Bitcoin maxi Michael Saylor is set to step down as CEO of MicroStrategy on Aug. 8. With president Phong Le taking over as CEO, Saylor will assume his new role as executive chairman — a position that will focus almost entirely on building MicroStrategy’s Bitcoin reserves. “I believe that splitting the roles of Chairman and CEO will enable us to better pursue our two corporate strategies of acquiring and holding Bitcoin and growing our enterprise analytics software business,” he said.


Crypto VC funding hits $30.3B in H1, Michael Saylor steps down as MicroStrategy CEO, and Voyager to return $270M worth of customer assets: Hodler’s Digest, July 31-Aug 6

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

 

Crypto fundraising hits $30.3B in H1, outpacing all of 2021: Report

A report from crypto analytics firm Messari on Tuesday showed that the crypto sector has raised $30.3 billion in funding this year, already outpacing the total for all of 2021, which was $30.2 billion. The figure was achieved via 1,199 funding rounds in the first half of the year, with $10.3 billion, more than a third of the capital, going towards the centralized finance sector. Notably, the NFT gaming sector raised more than all of decentralized finance at $4 billion. DeFi, comparatively, raised just $1.8 billion.

 

Michael Saylor will step down as MicroStrategy CEO but remain as executive chair

Bitcoin maxi Michael Saylor is set to step down as CEO of MicroStrategy on Aug. 8. With president Phong Le taking over as CEO, Saylor will assume his new role as executive chairman — a position that will focus almost entirely on building MicroStrategy’s Bitcoin reserves. “I believe that splitting the roles of Chairman and CEO will enable us to better pursue our two corporate strategies of acquiring and holding Bitcoin and growing our enterprise analytics software business,” he said.


Crypto VC funding hits $30.3B in H1, Michael Saylor steps down as MicroStrategy CEO, and Voyager to return $270M worth of customer assets: Hodler’s Digest, July 31-Aug 6

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

 

Crypto fundraising hits $30.3B in H1, outpacing all of 2021: Report

A report from crypto analytics firm Messari on Tuesday showed that the crypto sector has raised $30.3 billion in funding this year, already outpacing the total for all of 2021, which was $30.2 billion. The figure was achieved via 1,199 funding rounds in the first half of the year, with $10.3 billion, more than a third of the capital, going towards the centralized finance sector. Notably, the NFT gaming sector raised more than all of decentralized finance at $4 billion. DeFi, comparatively, raised just $1.8 billion.

 

Michael Saylor will step down as MicroStrategy CEO but remain as executive chair

Bitcoin maxi Michael Saylor is set to step down as CEO of MicroStrategy on Aug. 8. With president Phong Le taking over as CEO, Saylor will assume his new role as executive chairman — a position that will focus almost entirely on building MicroStrategy’s Bitcoin reserves. “I believe that splitting the roles of Chairman and CEO will enable us to better pursue our two corporate strategies of acquiring and holding Bitcoin and growing our enterprise analytics software business,” he said.


Amid miner capitulation, Hut 8 maintained BTC ‘HODL strategy’ in July

Other Bitcoin miners such as Core Scientific, Argo Blockchain and Riot Blockchain have reduced their BTC holdings during the bear market.

Bitcoin price: weekend volatility ‘expected’ with $22K level to hold

BTC/USD could hit $30,000 if the current daily trend of higher highs and lows continues, one trader says as the market avoids weekend losses.

Bitcoin price: weekend volatility ‘expected’ with $22K level to hold

Bitcoin (BTC) rose above $23,000 again into Aug. 6 as new analysis predicted a potential surge of 20% or more.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Daily chart gives trader $30,000 target

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD climbing overnight to once again sit near the top of its established trading range.

After multiple attempts to break out above range resistance at $23,500, the pair appeared still stuck in limbo at the time of writing, but hopes of bullish continuation were already there.

“Expecting more volatility over the wknd,” on-chain monitoring resource Material Indicators wrote in part of its latest Twitter update on Aug. 5.

“If the Bear Market Rally can push BTC above 25k there isn't much friction to 26k - 28k range. Losing the trend line would be bad for bullish hopes and dreams.”

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Proof-of-work: The Bitcoin artists on minting NFTs and OpenSea

Minting a nonfungible token of artwork seems a no-brainer for an artist: Cointelegraph spoke to those that took the plunge.

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