Month: September 2022

What is necessary for Web3 to fully replace Web2?

Web3 is the buzzword that’s on everyone’s lips — but when you put the mania aside for a moment, there’s a burning question that needs to be asked: Can these projects fully replace Web2… and what stands in the way of this happening?  The likes of Google and Facebook have made a killing during the Web2 era, amassing billions of dollars in profits and a profound influence over the shape of the internet. But their continued influence is far from guaranteed. The 30-year history of the web is littered with…

FTX reportedly considers bailing out Celsius via asset bid

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Crypto exchange FTX, led by crypto billionaire Sam Bankman-Fried (SBF), is reportedly considering bailing out Celsius Network by bidding on the bankrupt lender’s assets. Coincidently, the information came out the same day Alex Mashinsky resigned as the CEO of Celsius.  “I regret that my continued role as CEO has become an increasing distraction, and I am very sorry about the difficult financial circumstances members of our community are facing,” said Mashinsky while explaining his decision. For FTX, acquiring the assets of Celsius would imply the exchange’s intent to save the…

BTC price stays under $19K amid hopes Q4 will end Bitcoin bear market

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Bitcoin (BTC) hit new weekly lows into Sep. 28 as risk asset drawdown continued overnight. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: “First new lows” before Q4 recovery Data from Cointelegraph Markets Pro and TradingView showed BTC/USD falling to $18,461 on Bitstamp, down almost $2,000 versus the previous day’s high. The change of direction came in lock step with stocks, which turned red after initially heading marginally higher at the Wall Street open. The S&P 500 and Nasdaq Composite Index ultimately finished the day down 0.25% and up 0.25%,…

Minecraft Manhunt, but Hunters Mining Gives OP Enchants

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Like Minecraft Manhunt, but Hunters Mining Increases my Health or Minecraft Manhunt, but Hunters Mining Increases my Reach More GoldActual: Hunters: @Karan @Lewwolfe @Maple Nate Edited by:@Kooleyy & Styles Follow me here: ∘ Twitter – ∘ Instagram – ∘ TikTok – ∘ Twitch – ∘ Discord – ∘ Reddit – #MinecraftManhunt #Minecraft #Manhunt #MinecraftBut #GoldActual ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Space And Time Secures $20 Million To Transform Central Business Logic Databases Into Trustless Data Sources For Web3

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Space and Time paves the way for establishing a decentralized data warehouse with tremendous Web3 implications. The project secured an additional $20 million in funding to make smart contracts more robust. A Big Step For Space and Time The new $20 million in strategic funding is a big deal for the Space and Time team. It signifies the importance of taking a decentralized approach to business logic. More importantly, the investors, including M12, SevenX Ventures, Polygon, Fellows Fund, Mysten Labs, MarketAcross and Stratos, see merit in the Proof of SQL…

Industry Offers Cautious Welcome to EU’s Landmark Crypto Law MiCA

A compromise deal that would see the use of many stablecoins limited to 1 million transactions per day is “quite a good end result,” because it will only capture real-world payments rather than trading activity, Patrick Hansen, Crypto Venture Advisor at Presight Capital, told CoinDesk in an online interview. That view may still change, since the scope of the cap is what France objected to. Source

Napoleon Dynamite cast reunites in Web3 animated series, Sega’s blockchain game and more…

The main cast from the cult-classic film Napoleon Dynamite are reuniting for an animated series which will be released through blockchain technology. According to a Sept. 27 report from Hollywood news outlet Deadline, the stars from Napoleon Dynamite have all signed on to voice characters in CyKo KO, an animated rendition of Rob Feldman’s comic book bearing the same name, with a 12-minute pilot to launch on Web3 streaming service Rewarded.TV. Napoleon Dynamite is an indie-comedy from 2004 that developed a cult following across the globe despite being shot in…

Criptomaníacos: Bitcoin hoje (BTC) chegou ao fundo? Com Gui Renno

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ENTRE NO MEU GRUPO DO TELEGRAM SOBRE BITCOIN E CRIPTOMOEDAS: Abra sua conta na Bybit com desconto nas taxas: E aí, Bitcoin já chegou ao fundo das suas correções e daqui para frente teremos altas? Ou não? Ainda vem mais quedas pela frente? Para entender o momento atual e as oportunidades, eu conversei com o Guilherme Rennó, do Criptomaníacos. O Gui Renno é um dos maiores especialistas de bitcoin hoje do Brasil e esse é o primeiro episódio da série especial “Bitcoin:…

BIS marks CBDC pilot as ‘successful’ with $22M transacted

A multi-jurisdictional Central Bank Digital Currency (CBDC) pilot has been marked “successful” by the Bank for International Settlements (BIS) after a month-long test phase that facilitated $22 million worth of real-value cross-border transactions. The central banks of Hong Kong, Thailand, China and the United Arab Emirates (UAE) took part in the pilot program along with 20 commercial banks from those regions. More than $12 million worth of value was issued onto the test platform, which facilitated 164 foreign exchange transactions and cross-border payments between the participating firms totaling over $22…