Cryptocurrency Analysis and News Portal
This week's Nifty News round up follows a weekend full of Yuga Labs announcements, the start of Austin's SXSW conference and added NFT support for 1inch Wallet users.Yuga Labs acquires CryptoPunks and MeebitsYuga Labs, creator of Bored Ape Yacht Club, or BAYC, announced its acquisition of the Intellectual Property, or
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Bitcoin started a fresh increase above the $40,000 resistance against the US Dollar. BTC remains supported and might rally again above the $41,500 resistance. Bitcoin reclaimed the $40,000 level and might continue to rise. The price is trading above $40,200 and the 100 hourly simple moving average. There is a major bullish trend
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"The reason we didn’t go with a fund structure is because we don’t need any external funding to be able to build this business, both from a capital and management fee perspective," said Cheng. "It also allows us to finance investments with evergreen capital, which we believe is more valuable
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Internet Computer (ICP) and DFINITY founder Dominic Williams has conjured up an oddball plan to speed up the end of the Russian invasion of Ukraine via smart contracts and $250 million worth of crypto rewards. DFINITY’s Internet Computer was launched in May 2021 and is a public blockchain and protocol
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An accompanying press release took great pains to distance ApeDAO’s token launch from the Bored Ape Yacht Club, presumably for legal reasons. Club-style NFTs with perks for long-term members can start to resemble investment contracts, which, in the U.S., are overseen by the Securities and Exchange Commission (SEC); NFTs, at
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In democracies, Fortune 500 companies, blockchain DAOs, and other large organizations, few stakeholders actually contribute thoughtfully to governance. This isn’t a moral failing; rather, it’s a practical challenge. For example,I own shares in S&P 500 index funds, but I couldn’t possibly track the range of open issues at even a
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In a bipartisan letter put forward by Republican Minnesota Congressman Tom Emmer, a cohort of Congress members has written to Securities and Exchange Commission (SEC) Chairman Gary Gensler, challenging the regulator's scrutiny of cryptocurrency firms and expressing concern that “overburdensome” investigation may be suffocating the crypto industry. They suggest the SEC
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In an email to clients and a letter posted on the company website on Wednesday, Unchained Capital CEO Joe Kelly said ActiveCampaign (AC), an outside email marketing provider used by Unchained until earlier this year, was hit with a social engineering attack last week. Unchained Capital is a bitcoin-only financial
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Crypto assets saw some wild swings in the day and are now trading to the upside. Risky assets are reacting to the FED’s decision to raise rates by 25-basis points, and the increasing global adoption might be adding weight to the boost. Related Reading | Expectations Of Aggressive FED Drop, Here’s Why
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Cryptox’s senior reporter, Rachel Wolfson visited South by Southwest (SXSW) — a ten-day annual technology, film and music festival based in Austin, Texas — to connect with, and interview, a melting pot of pioneers, luminaries, and enthusiasts from the crypto, blockchain and Web3 industries.Wolfson spoke to Darryl McDaniels — known culturally
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