Cryptocurrency Analysis and News Portal
Last year proved that the Web3 space is not just a phenomenon but rather the future of digital interactions. However, as pervasive as the space has become, many are still skeptical as to how it can and will be a part of their lives. Many developers are seeking ways to bridge
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Megan Crowell, the chief people officer at crypto lending firm BlockFi, has petitioned a court to allow bonuses for “key employees” amid Chapter 11 bankruptcy proceedings.In a Jan. 23 declaration for United State Bankruptcy Court in the District of New Jersey, Crowell said without giving certain financial incentives, BlockFi might
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The world’s largest cryptocurrency exchange Binance was in the crossfire of critics for a long time after the FTX collapse. In particular, there was harsh criticism because of an opaque proof of reserves issued by the auditing firm Mazars, which paused the cooperation with the exchange shortly thereafter. Over the turn
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Venture capitalists battling with the difficulties of proper crypto firm due diligence should be looking at getting back to the basics — to "trust the chain," a crypto-focused venture fund executive argues. Speaking to Cryptox, John Lo, head of digital assets at Recharge Capital — a $6 billion fund with crypto
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While many CBDC pilot projects are still in a development phases, Nagarajan said payments will eventually be made with CBDCs. In the meantime, stablecoins, which are a form of cryptocurrency pegged to real-world assets such as gold or the U.S. dollar, are working as “stopgaps until CBDCS are available in
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Joining CryptoX TV’s “First Mover” from the World Economic Forum (WEF) at Davos 2023, Treat said that metaverse-enabled capabilities, including augmented reality (AR), virtual reality (VR) and the ability to tokenize “identity, money and objects,” can simultaneously shift business models and tap into new revenue streams. Source
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Live from the World Economic Forum in Davos, Switzerland, Tom Duff Gordon, vice president on International Policy, discusses why the fall of FTX put crypto on policymaker’s radar. Source
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The idea of decentralized social media platforms continues to gain significant traction, with users becoming increasingly concerned with the centralized nature of traditional platforms and the potential for censorship. Even former Twitter CEO Jack Dorsey has publicly pushed for a decentralized Twitter alternative. Cryptox interviewed Rick Porter, CEO of decentralized social media
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The music industry has not shied away from its keenness on adopting Web3 solutions. From nonfungible tokens (NFTs) helping artists connect with their communities to blockchain being used for various use cases including event ticketing.Another relevant implementation of the technology to be considered by industry insiders is how Web3 tools
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The cryptocurrency industry will see increased consolidation in 2023 as healthier companies acquire more crypto and blockchain companies, according to a senior executive at Ripple.Sendi Young, Ripple’s managing director for Europe, took to Twitter on Jan. 9 to share a set of industry predictions for 2023, expressing confidence about crypto
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