The co-founder and president of news site nft now, a speaker at this year’s Consensus, discusses why Web3 has a mental health problem and the future of tokenized media. Source
Alejandro Navia: Building the Future of Tokenized Media
Day: April 25, 2023
Bitcoin’s price is down 10% — New bear market or correction?
In today’s Market Report episode, analyst and writer Marcel Pechman covers the potential triggers to move Bitcoin’s price away from $27,000, including the United State Federal Reserve meeting on May 3. The show airs every Tuesday on the Cointelegraph Markets & Research YouTube channel. The first news article discussed the catalysts for Bitcoin’s next move, including whether the Fed will follow the markets’ consensus of a 25-basis-point interest rate increase on May 3. The video analyzes how Bitcoin (BTC) should react to the central bank’s decision and explains how interest…
Majority of creditors want Hodlnaut liquidated
Creditors of Singapore-based cryptocurrency lender have again expressed their desire to liquidate the company, which has been under judicial management since August 2022. There is no white knight investor on the horizon, interim judicial manager (IJM) Aaron Loh Cheng Lee explained in a circular updating the case. A circular from the IJMs dated April 25 said users representing approximately 55.38% of creditors, with claims of 228.3 million Singapore dollars (about $170.5 million), have indicated they would favor liquidation over restructuring. No source of fresh capital has been found, the…
Voyager Says Binance.US Sent Letter Terminating $1B Asset Buy Deal
The crypto lender said it will return value to customers via direct distribution. Source
Terraform Labs Co-Founder Indicted on Fraud Charges in South Korea – Bitcoin News
Recent local reports have brought to light that Shin Hyun-seong, also known as Daniel Shin, co-founder of Terraform Labs, has been indicted by the Seoul Southern District Prosecutors’ Office on charges of fraud. Along with nine others, Shin is suspected of deceiving investors and accumulating around 460 billion won ($350M) before the Terra project ultimately failed. Daniel Shin Indicted With 9 Other Terra Associates KBS World, a regional South Korean publication, has revealed that ten individuals, including Daniel Shin, have been indicted in South Korea. Although they have not been…
Google Cloud broadens Web3 startup program with 11 blockchain firms
Technology conglomerate Alphabet has expanded the Google for Startups Cloud Program. As of April 25, the program now includes Web3 firms such as Alchemy, Aptos, Base, Celo, Flow, Hedera, Nansen, Near, Polygon, Solana and Thirdweb. The same day, blockchain analytics firm Nansen announced that it has partnered with Google Cloud to provide real-time blockchain data for startups. Its database currently contains over 250 million wallet labels. We are very excited to team up with @googlecloud in their Web3 startup program to provide real-time blockchain data Web3 startups in the program…
Blockchain and Human Consciousness | Blockchain News
Emerging technologies such as blockchain are changing the way we interact with the digital world, and the potential impact on human consciousness is a topic of growing interest among thought leaders both inside and outside of the tech industry. On April 25, the reState Foundation hosted a virtual talk on this subject, featuring Vitalik Buterin, the co-founder and inventor of Ethereum, and Sadhguru, the founder of the Isha Foundation and an Indian mystic. During the talk, Buterin and Sadhguru discussed the intersection of technology and human consciousness, exploring how new…
Visa New Crypto Initiative | Blockchain News
Visa, a leading global payment corporation, has announced its latest initiative focused on stablecoin payments. This move is part of the company’s ongoing exploration of the potential benefits of the cryptocurrency industry. Visa’s latest cryptocurrency-related endeavor was unveiled by Cuy Sheffield, the company’s head of crypto, via Twitter on April 24th. Visa made the announcement. A new cryptocurrency product has been developed to promote the extensive use of public blockchain networks and stablecoin transactions. Visa is on the hunt for software engineers with specialized skills in programming, backend systems, and…
EU data watchdog warns of ‘hell on Earth’ scenario for US AI companies
Europe’s data watchdog, Wojciech Wiewiórowski, predicts a sour predicament for United States-based artificial intelligence (AI) companies currently being investigated for alleged GDPR violations. “The breathless pace of development means data protection regulators need to be prepared for another scandal,” Wiewiórowski told MIT’s Technology Review during a recent interview, invoking the Cambridge Analytica scandal for reference. Wiewiórowski’s comments come after a tumultuous week for leading AI outfit OpenAI, creator of the massively popular GPT suite of products and services. The company’s suite of GPT services has been outright banned in Italy…
Bitcoin price can ‘easily’ hit $20K in next 4 months — Philip Swift
Bitcoin (BTC) is done with its bear market, but the coming months may see a return to $20,000. That is the outlook for Philip Swift, a veteran Bitcoin market analyst who co-founded trading suite Decentrader and data resource Look Into Bitcoin. In his latest interview with Cointelegraph, Swift takes a look at what the near to long-term future holds for BTC price action. After predicting the end of the bear market at the end of 2022, Swift is sticking by his appraisal of underlying price strength, while staying cautious on…