Historically, digital art has been almost impossible to monetize. Blockchain technology can solve that problem. On Sept. 23, auction-house giant Christie’s announced plans to sell its first nonfungible token, or NFT, at an auction. This was just one week after the record-setting $100,000 sale at auction of a digital art piece that also used a […]
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In order to achieve blockchain mass adoption, three fundamental problems should be solved. Let’s dive into the third one: governance. This is Part 3 of a three-part series in which Andrew Levine outlines the issues facing legacy blockchains and posits solutions to these problems. Read Part 1 on the upgradeability crisis here and Part 2 […]
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“The temptation to print money is the greatest temptation in the whole world.” If you’ve ventured on to Crypto Twitter this year, you may have seen a tweet from the meme account WTF Happened in 1971? Created in March, the account posts numerous times a week to its fast growing fanbase of 10,500 followers. A […]
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In order to achieve blockchain mass adoption, three fundamental problems should be solved. Let’s dive into the second one: vertical scaling. This is Part 2 of a three-part series in which Andrew Levine outlines the issues facing legacy blockchains and posits solutions to these problems. Read Part 1 on the upgradeability crisis here and Part […]
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A blockchain company run by an ex-staffer of former Presidential candidate Ron Paul has received a temporary trading suspension from the SEC. The United State’s securities watchdog has placed a temporary trading suspension on the stock of Vortex Blockchain Technologies until October 6. The Securities and Exchange Commission (SEC) cited confusion over the nature of […]
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Bears lurk as Bitcoin price is down and $284M in CME BTC options are set to expire on Friday. As of now, the $622 million total open interest for BTC futures expiry on Friday seems quite relevant. This Friday, a total of $100 million in CME Bitcoin (BTC) options are set to expire. 58% of […]
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In order to achieve blockchain mass adoption, three fundamental problems should be solved. Let’s dive into the first one: upgradeability. This is Part 1 of a three-part series in which Andrew Levine outlines the issues facing legacy blockchains and posits solutions to these problems. Read Part 2 on the vertical scaling crisis and Part 3 […]
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‘We can liquidate it any day of the week, any hour of the day,’ said Michael Saylor. Michael Saylor has said that all $400 million of business intelligence firm MicroStrategy’s Bitcoin reserve holdings could be liquidated at any time. In a Sept. 22 interview, Saylor told Bloomberg that although “volatility isn’t really a reason to […]
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The South Korean gaming regulator is reluctant to embrace NFTs. The South Korean blockchain gaming industry is concerned regulators are looking unfavorably on non-fungible token based games, after the Game Rating and Administration Committee (GRAC) postponed an application for the NTF-based Five Stars on September 22. According to iNews24, the watchdog decided to hold off […]
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While most of us will prefer to forget the horrors of 2020, DeFi may well prove to be the guarantee of a better, more liberated future. In a broad sense, 2020 has been the year of the COVID-19 pandemic. As it charges toward 1 million deaths and over 30 million infections, governments have been found […]
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