A Monday rally during the U.S. trading day put an end to what had been very muted crypto price action over the previous 72 hours, pushing bitcoin (BTC) above $68,000 for the first time in more than five weeks. At press time, the world’s largest crypto was changing hands at $68,250. Source
Category: ICO
Infrastructure Companies Dominate List of Finalists for Consensus 2024 Pitchfest
1Konto Inc. (United States, Open Payment and Exchange Systems) Bloqcube Inc (United States, Web3 and Blockchain Infrastructure) ChainPatrol (United States, Web3 and Blockchain Infrastructure) Cod3x presented by Conclave (United States, Web3 and Blockchain Infrastructure) Codex Labs LLC (United States, Open Payment and Exchange Systems) Coinplus (United States, Web3 and Blockchain Infrastructure) Contented (United Kingdom, Creator Economy | NFTs) Drip Rewards (United States, Creator Economy | NFTs) EQBR (South Korea, Open Payment and Exchange Systems) ETHGas (Hong Kong, Web3 and Blockchain Infrastructure) EthosX (India, Web3 and Blockchain Infrastructure) Evil Genius Games…
Web3 Marketing Needs Some of Apple’s Secret Sauce
Like spatial computing, Web3 is also an umbrella term, liberally thrown together with terms like blockchain, digital assets, DeFi and the rest of the crypto-jargon dictionary. But most people embedded in the crypto sphere have little grasp of how meaningless these words are to the lay person – and it’s not for a want of understanding their implications. Source
Hamster Wheel: Telegram’s Social Gaming Brings Millions to Crypto
Telegram’s Hamster Kombat game has amassed 8 million users in four weeks. It shows how gaming could be a potent tool for Web3 projects looking for audiences. Source
How Web3 Marketing Changes the Game
Years before anyone used the term “Web3,” Novaes hatched a project that rewarded users for doing everyday tasks, like watching videos or reading the news: Mode Mobile. People liked it. Using a custom smartphone, the “EarnOS” lets you stream music and get paid for it, hence the tagline “turning smartphones into earnphones.” Mode Mobile was named as Deloitte’s #1 fastest growing software company, has over 10 million downloads on the Google Play store, and claims to have helped users earn and save over $250 million. More importantly, the model lets…
Grayscale to Replace CEO Michael Sonnenshein With Goldman Sachs’ Peter Mintzberg
“Michael guided the firm through exponential growth & oversaw its pivotal role in bringing spot bitcoin ETFs to market, leading the way for the broader financial industry,” Barry Silbert, CEO of Grayscale’s parent company Digital Currency Group, wrote on X. Source
Will RFK Jr. Debate Trump or Biden? Probably Not, Prediction Market Says
Plus: Which cat-themed meme coin will hit $1 billion first? Source
BTC, ETH Little Changed Ahead of Ether ETF Decision
Bitcoin (BTC) and ether (ETH) were little changed, suggesting a consolidation after last week’s rally. BTC traded at around $67,000 while ETH held steady about $3,100. The wider digital asset market as measured by the CoinDesk 20 Index (CD20) has added 0.3% in the last 24 hours. This week, attention will turn to the SEC’s decision on the approval of ether exchange-traded funds (ETFs), with the deadline for a response to VanEck’s and Ark/21 Shares’ applications due on May 23 and May 24, respectively. Traders may be keeping their powder…
Craig Wright Lied to UK Court ‘Extensively and Repeatedly’ in COPA Satoshi Nakamoto Case: Judge Writes
“Dr. Wright is not the person who adopted or operated under the pseudonym Satoshi Nakamoto in the period 2008 to 2011. Third, Dr. Wright is not the person who created the Bitcoin System. And, fourth, he is not the author of the initial versions of the Bitcoin software,” Mellor said after both parties to the trial had presented their evidence. Source
Genesis Set to Return $3B Customer Assets in Finalized Bankruptcy Liquidation Plan
Bankruptcy claims began trading at 35% of account balance value when they were initially listed on claim trading marketplace Xclaim Source