Dai, MKR, Aave and Compound may not be gambling. But a large proportion of crypto is gambling. That’s because a big chunk of the people who engage with blockchains are doing little more than betting on the very volatile prices of first-generation unbacked volcoins like dogecoin, floki inu, and shiba inu. Let’s not forget bitcoin, bitcoin cash, litecoin, xrp, and ether. Source
A who’s who of politicians who matter for crypto in the nation’s capital. By Jeff Wilser. Source
For traders thinking Solana is controlled by the bears, a popular crypto market analyst, Chris Burniske, is giving a fresh perspective of hope for the major altcoin. According to the former lead of Ark Invest’s crypto department, those who think that SOL is generally bedridden in a bearish mood are mistaken. SOL Sets To Make a Breakthrough Burniske said that the Ethereum killer still has a breakthrough opportunity to rally its price despite its reverse down at a resistance level. The prominent analyst urged traders not to be extremely…
The carbon-offset industry, which has exceeded $270 billion annually, is increasingly coming under scrutiny due to the perception that a lot of it leads to greenwashing, and that many offsets are generated and retired with insufficient transparency. Dozens, if not hundreds, of ReFi projects have been born in the past few years designed to leverage crypto rails to solve the coordination and transparency problems among the different stakeholders such as project developers, investors and demand partners such as corporations, governments and end users of voluntary offsets. Original Source adoptionCryptoFinanceReFiregenerativeRegulationStimulate CryptoX…
“We’ve productized the community’s desire to customize their Doodles so that it matches their IRL vibe exactly,” said Doodles head of product and co-founder Jordan Castro. “Tech aside, Doodles 2 is the passport that’s used in all of our products – experiences, games, apps, music, animation releases, to bring further personalization, customization and rewards to our fans.” Source
The two funds from Pythagoras Investment finished the turbulent year up 8%. Source
Bitcoin (BTC) saw weakness at the Jan. 25 Wall Street open as United States equities fell in step. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price faces stiff resistance Data from Cointelegraph Markets Pro and TradingView showed BTC/USD heading below $22,500 after failing to crack resistance near five-month highs. U.S. stocks saw a weak start to the session, the S&P 500 and Nasdaq Composite Index down 1.1% and 1.6%, respectively at the time of writing. Bitcoin bulls had themselves faced trouble attempting to push into an area of liquidity…
The human side of Bitcoin (BTC) is seldom explored in legacy or mainstream crypto media outlets. Even within the Bitcoin space, Bitcoin is “number goes up” technology, while catchphrases like “Bitcoin to the moon” and “have fun staying poor” rattle around like coins in a jar. Bitcoin documentaries tend to sensationalize Bitcoin as a panacea to the world’s problems instead of offering nuanced portrayals of Bitcoin’s impact on the individuals who form the decentralized movement. Moreover, while the price per Bitcoin has inflated, ballooned and popped over the past five…
Unredacted documents mistakenly sent to the bankruptcy court indicate that the now-defunct crypto lender Blockfi had more than $1.2 billion tied up with FTX and Alameda Research. The accidentally revealed documentation shows that Blockfi’s exposure to the bankrupt crypto firm FTX was more than what the company had previously disclosed. Unredacted Documents Reveal Blockfi’s $1.2 Billion Exposure to FTX, Alameda Research It seems that Blockfi had a lot more money tied up with FTX and Alameda Research than what was originally suggested by the firm. A CNBC report indicates that…
Despite seeing a surge in product demand for Q4 2022, Boeing sustained a gigantic $663 million loss due to macroeconomic constraints. Boeing (NYSE: BA) recently posted its Q4 2022 financial report, which showed a losing effort characterized by labor and supply strains. The American aeronautics manufacturing giant posted a loss of $663 million in the fourth quarter amid supply chain constraints. These unsavory operational elements overshadowed the increased revenue the company realized from higher demand in aircraft sales and deliveries. Nonetheless, Boeing chief executive officer Dave Calhoun optimistically viewed the latest quarterly…