Chainalysis Finds Ownerships of Web3 DAOs Are Not Actually Decentralized

Chainalysis published a research study showing that although decentralized autonomous organizations (DAOs) have emerged as the future of decentralized corporate governance, there have been several weaknesses in their functioning. According to the study, DAOs form the cornerstone of many blockchain and Web3 projects. Internet-native and blockchain-based, DAOs are intended to offer a new, democratized management […]

Meta signals closure of Novi wallet after a 10-month pilot

Meta’s wallet pilot Novi is set to end in September, with the announcement coming days after Mark Zuckerberg touts Meta Pay on Facebook. Meta’s first foray into the world of cryptocurrencies is set to end in September with the closure of its Novi wallet pilot project. Novi’s website landing page has been revamped to inform […]

Central Africa Rolls Out Sango Coin Amid Transparency, Credibility Worries

The Central African Republic (CAR)’s authorities unveiled a new crypto project, dubbed Sango Coin, which President Faustin-Archange Touadéra launched as the country’s national cryptocurrency in an online event, but hopes for a major push for crypto adoption in Africa have been partially replaced by fears that the initiative could actually undermine the continent’s increasing trust […]

ECB exclusive: Crypto payments ‘not currently cost effective,’ Amex exec says

The American Express executive said that their firm is bullish on crypto and is actively working to incorporate more crypto-related services in the future.Gonzalo Pérez del Arco, the director of government affairs in South Europe for card payment giant American Express, believes that making payments with crypto is not cost-effective at present. Pérez’s comments came […]

The Bitcoin Customer Service Department

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Maxx Mannheimer is a former sales account manager with a background in training and industrial-organizational psychology. Contents We are all customers In a decentralized network, we are all customers, we are all sales; we are all operations; we are all IT and we are all customer support. Operations and IT have been killing it without […]

Coinbase, Robinhood Shares Plummet After Binance

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Binance.US has decided to eliminate any fees on spot trading of several popular crypto assets. The US branch of the major exchange decided that it will no longer charge any fees for the spot trade of BTC to US dollars and three major stable coins: Tether, USDC and Binance USD. In response, the shares of […]

How AI can change the decentralized ledger

Artificial intelligence’s transformative power in relation to blockchain technology is being severely overlooked, say experts. One reason is that blockchain’s use of a decentralized ledger offers insight into the workings of AI systems and the provenance of the data these platforms may be using. As a result, transactions can be facilitated with a high level […]

Bancor 3 Integrates Over 100 Tokens to Enhance DeFi Liquidity

Bancor 3, a DeFi liquidity solution by decentralized trading protocol Bancor, has incorporated more than 100 tokens, such as USD Coin (USDC), Polygon (MATIC), and Enjin (ENJ), for more sustainable and safer DeFi yields through community sourcing. Per the announcement: “Users can now provide liquidity to over 100 tokens on Bancor 3 with no deposit […]

The Best Way to Protect Crypto

The Best Way to Protect Crypto

Whether you’re just beginning to invest in digital assets, or you’ve spent the last decade building up a bitcoin (BTC) stash, the need to assess the security of your holdings is ever present. The surest way to protect your digital assets is to personally store your private keys on something that can’t easily be hacked […]

Bitcoin Falls to the Lowest Level since Dec 2020

Bitcoin Falls to the Lowest Level since Dec 2020

Bitcoin has fallen to its lowest level for a year and a half, trading around $25,344 at the time of writing, according to data from CoinGecko. Prior to that, the cryptocurrency had fallen even further to $24,903.49 – levels not seen since December 2020. The dip in the value of Bitcoin shows a loss of […]