Unstablecoins: Depegging, bank runs and other risks loom
Stablecoins are facing the wrath of regulators amid doubts over reserves and contagion fears. Could a bank run lead to a major depegging? Go to Source Powered by WPeMatico
Features
Auto Added by WPeMatico
Hong Kong crypto frenzy, DeFi token surges 550%, NBA China NFTs — Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. Hong Kong moves bullish On Feb. 20, the Securities and Futures Commission (SFC) of Hong Kong launched a consultation on its proposed regulatory requirements for digital asset trading platforms. The SFC requires the licensing of all cryptocurrency exchanges operating in Hong … Read more
Breakdancing medic’s NFT auctioned at Sotheby’s — Grant Yun, NFT creator
Artist name: Grant Riven Yun Location: Milwaukee Date minted first NFT: Feb. 3, 2021Which blockchains? Ethereum, Counterparty (Bitcoin) Who is he? Grant Yun has always been an artist at heart with an early aspiration to have his work featured at a major auction house. A curious and motivated individual, Yun is studying medicine while juggling his work … Read more
Green consumers want supply chain transparency via blockchain
Ethical consumption is a trend on the rise as the world grapples with exhausted landscapes. Initiatives like the EU Digital Product Passport may force the trend forward. Go to Source Powered by WPeMatico
Bitcoiner Simon Dixon on bankruptcies and Elon Musk: Hall of Flame
Name: Simon DixonAnonymous: NoTwitter Followers: 109.1KKnown for: Co-founder of Bank To The Future and the dude who wrote the first-ever published book on Bitcoin. Who is this guy anyway? Simon Dixon is a true Bitcoin O.G. He is the author of the first-ever published book on Bitcoin in the world Bank to the Future, which … Read more
Can you trust crypto exchanges after the collapse of FTX?
On Oct. 25, 2022 — about two weeks before the collapse of the world’s third-largest cryptocurrency exchange, FTX — prominent DeFi architect Andre Cronje published a foreboding article with a chilling warning on the state of centralized cryptocurrency exchanges: “Remedies under the current regulatory regime are ineffective. Most investors sign away their rights to their … Read more
2023 is a make-or-break year for blockchain gaming: Play-to-own
While the thesis is compelling for crypto gaming, the way forward is unclear. Interoperability is one thorny issue and playability is still yet to catch up to traditional games. Go to Source Powered by WPeMatico
Justin Aversano makes a quantum leap for NFT photography
Artist name: Justin AversanoLocation: Los AngelesDate minted first NFT: Feb. 15, 2021Which blockchains? Ethereum Bio: Unintentionally, the healing process of losing his twin sister at birth sparked Justin Aversano’s career to become the poster child for NFT photography. His most famous collection, “Twin Flames,” has 5,900 ETH in total sales volume on OpenSea and multiple … Read more
Is the Metaverse really turning out like ‘Snow Crash’?
Neal Stephenson’s science fiction novel Snow Crash predicted the Metaverse in 1992. This cult book has the amusingly-named Hiro Protagonist running around in an artificial cyber world, trying to stop a virus that wipes minds, aided by his hacker friend Y.T. Reality is a place to escape from, a neoliberal future wrecked by hyperinflation and … Read more
Tiffany Fong flames Celsius, FTX and NY Post: Hall of Flame
Tiffany Fong stumbled into content creation and independent journalism after getting burned on the Celsius bankruptcy, moving forward she has no idea where this will lead. Go to Source Powered by WPeMatico
