In Venezuela, humor plays an important role, either as a form of protest or a way to make sense of reality. In November 2021, humor and nonfungible tokens (NFTs) were combined with the launch of the Comedy Monsters Club (CMC) project. The project was led by Roberto Cardoso, better known by BitcoinClubcomedycryptoexchangeDebacleExchangesLessonNFTTeachesTransparency Read More
In order to prevent the potentially destructive impact of AI on humanity, we need open-source innovation and collective governance that is possible through blockchain protocols and Web3, rather than the monopoly defaulting structure of Web2, according to Michael Casey, CoinDesk's chief content officer.
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Before the imposition of those compliance mechanisms, LocalBitcoins was a useful tool for people to enhance their privacy on-chain. But even after, the stripped-down service helped facilitate a native bitcoin economy – the platonic ideal of which would look like alphanumeric addresses interacting with similarly pseudonymous entities relying on Bitcoin’s BitcoinsGoodsLessonLocalBitcoinsmaintainingOdePublic Read More
On its surface, Andy Greenburg’s new book, Tracers in the Dark: The Global Hunt for the Crime Lords of Cryptocurrency, is a standard crime story. Fans of true crime podcasts will enjoy the crypto version and get a seat in the Federal Bureau of Investigation van as United States federal CrimeDarkFunLessonPresentsPrivacyStoryTracers Read More
“The SEC is going to be a lot more concerned not with the money from the settlement, but from what the BlockFi bankruptcy represents in terms of harm to investors, systematic risks, contagion, and what it shows about the risks to crypto world in general,” Fischer said. “That's going to BlockFiClearCryptoExSECLessonObjectOfficialRegulationSEC Read More
A Ripple executive says there is one important lesson from the meltdown of crypto exchange FTX that he “can say with total confidence will not be learned.” The executive added: “Regulation that punishes after the fact won’t catch it. Investor due diligence won’t either.”
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CryptoX played a central role in this week’s FTX meltdown, following our coverage of Alameda Research’s suspect balance sheet last week. But the crypto industry's maturation and eventual success requires that we flesh out these unstable structures and bad practices.
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While some are unable to recover from hacking incidents and have to throw in the towel, others are able to pick up the pieces, learn from their shortcomings and go at it for another round. In an announcement sent to Cryptox, Axie Infinity creators Sky Mavis said that it had teamed AvoidCloudGoogleHackLearnedLessonMavisRoninSkyTeams Read More
The crypto market has been on a downward trajectory since the tail end of 2021. In early May 2022, it culminated in a dip that impacted traditional markets just as hard. The recent bust removed some speculation from the market. But the shakeup is different than in the past. There bimetallismBitcoinCoinscryptoexchangeExchangesLessonLongTermPrivacyStability Read More
That a dictator from the latter could single-handedly cause such a contraction in the network doesn’t necessarily undermine the thesis that this more decentralized, diversified geographic spread is more secure. After all, the Kazakh hashrate closure – most likely temporary – was nowhere near as disruptive as China’s more permanent BitcoincryptoexchangeExchangesKazakhLawmakersLessonMiningOffersSlide Read More