Web3 should draw newcomers, not be a ‘money grab from brands’ — Tech CEO
Using Web3 and NFTs to create another slate of millionaires isn’t a good use of the technology, says EndeavourXR CEO Amy Peck. Go to Source
Month: November 2023
Polygon gas fees spike 1000% amid Ordinals-inspired token craze
Gas fees on the Polygon network reached as high as $0.10 during a mad rush to mint an Ordinals-inspired token called POLS. Go to Source
No civil protection for crypto in China, $300K to list coins in Hong Kong? Asia Express
Chinese court knocks back civil lawsuit over “illegal” crypto, Hong Kong exchanges gain momentum, The Block gets $60M from Singapore firm. Go to Source
Public needs to know blockchain use cases, AI needs regulation now — Andrew Yang
The former presidential candidate spoke at NABS about opportunities the United States may be missing to blockchain and AI for public good. Go to Source
Failed ‘$175M’ real estate token raise draws ire of Texas regulators
“GS Partners promoted the products through a multilevel marketing scheme paying lavish commissions,” regulators say. Go to Source
Meta introduces AI models for video generation, image editing
Social media company Meta is developing new AI-based tools for Facebook and Instagram users Go to Source
Vivek Ramaswamy unveils crypto policy platform criticizing mixer sanctions
The Republican candidate claimed that mixers are protected by the U.S. Constitution’s First Amendment. Go to Source
Tether plans major expansion into BTC mining with $500M investment: Report
Tether has ambitions to reach 1% of BTC mining computing power under its new CEO Paolo Ardoino. New facilities in South America will be part of the push. Go to Source
Brazil’s crypto regulatory environment is driving competitiveness — CEO of Coinext
Bitcoin maximalist José Ribeiro, CEO of crypto exchange Coinext, spoke with Cointelegraph at the Web Summit about Brazil’s cryptocurrency landscape. Go to Source
Aave Companies rebrands to Avara, acquires Ethereum self-custody ‘Family Wallet’
Liquidity protocol Aave’s parent company has been rebranded to Avara as it looks to streamline its suite of infrastructure products to attract a broader Web3 user base. Go to Source
