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December 4, 2022

What is the best crypto use case? Community Answers

What is the best crypto use case? Community Answers

One community member argued that the best use case for cryptocurrencies is still how cryptocurrencies offer a decentralized peer-to-peer payment system that cuts out intermediaries like banks. One by one, community members continue to remind the world of the best cryptocurrency use cases. Community members provided various answers, from payments and self-custody to transparency and […]

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Warren: FTX contagion would be worse if banks were 'dangerously intertwined' with crypto

Warren: FTX contagion would be worse if banks were ‘dangerously intertwined’ with crypto

During a Senate Banking Committee hearing, Senator Elizabeth Warren called struggling cryptocurrency exchange FTX “not much more than a handful of magic beans.” The Committee is considering the appointment of the Federal Deposit Insurance Corporation’s acting chairman, Martin Gruenberg, by President Joe Biden as the agency’s chairman. The spread of crypto industry contagion could have

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Telegram founder wants to build new decentralized tools to combat power abuse

Telegram founder wants to build new decentralized tools to combat power abuse

The messaging platform is building decentralized tools, including no-custodial wallets and decentralized exchanges. According to founder Pavel Durov, Telegram will create several decentralized tools, including non-custodial wallets and decentralized exchanges, via its Telegram channel on November 30. The move comes in response to FTX’s recent collapse, Durov said, as the industry eventually became concentrated in

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Festivals in the Metaverse: How Web3 projects are taking culture virtually

Festivals in the Metaverse: How Web3 projects are taking culture virtually

As the Metaverse becomes a place to linger, more and more major events will appear to pull users into digital reality. Supported by the amount of activity flowing into the Web3 metaverse domain. The Metaverse 2022 engagement is more like a government agency setting up a virtual office to connect with future generations of customers

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Ethereum (ETH) Rival Erupts 41% After Crypto Project Reveals Massive Altcoin Holdings

Ethereum (ETH) Rival Erupts 41% After Crypto Project Reveals Massive Altcoin Holdings

Due to a recent rally following a statement from one of its major contributors, a cryptocurrency project outperforms most markets. Andre Cronje, a prolific decentralized finance (DeFi) developer and “architect” at the Fantom Foundation, says the project should run for 30 years without selling a single FTM token. In a blog post, Cronje reveals details

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