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For those who are less concerned about immediate mainstream utility, the nascent products of these post-threshold companies like NFTs, decentralized exchanges and decentralized autonomous organizations can offer a glimpse of the future. If the infrastructure supported better user experiences and onboarding, cheaper transactions and created reasonable privacy guarantees, we could
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“We are excited for the organization's next chapter under her leadership, demonstrating and communicating the transformational benefits of crypto to policymakers, regulators, and people around the globe,” Fred Ehrsam, co-founder and managing partner at Paradigm and CCI board member, said in a press release. Source
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NFTs have taken the creative world by storm. They are altering the way that artists and galleries authenticate original works of art. These tokens came to the spotlight in March 2021 when a digital art piece by Mike Winkelmann, alias Beeple, sold for a record-breaking $69.3 million at a Christie’s
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Blockchain and cannabis have one thing in common: they are both disruptive developments changing how people do business worldwide, particularly in the United States. When it comes to legal cannabis producers, blockchain has the potential to completely transform an industry that has been hampered by a shockingly slow development trajectory, resulting
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There was so much Nifty News this week that a second round-up was necessary to catch up on the latest nonfungible token (NFT)-related news.FLUF World and Snoop Dog partner for charity FLUF World, Beyond VR studio and Snoop Dogg teamed up to raised over $1 million via a one-day charity NFT
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“Solana prioritizes scalability, but a relatively less decentralized and secure blockchain has trade-offs, illustrated by several network performance issues since inception,” Shah said. “Ethereum prioritizes decentralization and security, but at the expense of scalability, which has led to periods of network congestion and transaction fees that are occasionally larger than
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If you’re a world leader hoping to transform your country into a global Web 3 hub, Andreessen Horowitz wants to show you the way.On Friday, the venture capital firm – often called a16z for short – released a policy agenda aimed at global governments with 10 guiding principles on how
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In the past year, internet giants like Amazon and Google all experienced outages which were blamed on errors and failed upgrades. The occurrence of such outages and their impact around the world again highlighted the importance of having a decentralized internet. Also, just like how the Covid-19 pandemic showed the
Read MoreThere appears to be a disagreement within the top echelons of Japan’s government on the threat that China’s CBDC poses to the nation. Just last week, Kenji Okamura, vice-finance minister for Japan’s international affairs voiced concerns over its neighbor’s efforts in the space, stating “first-mover advantage is something we should
Read MoreVenezuela’s National Securities Superintendency has given the go-ahead for a 90-day pilot of a crypto-powered “decentralized stock exchange” in the country that aims to have a global reach despite international sanctions. Cryptox Espanol reports that news of the Decentralized Stock Exchange of Venezuela’s authorization to operate was published in the country’s
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