The global financial system has historically relied on centralized institutions to facilitate trust, clear transactions, and maintain ledgers. Central banks, commercial financial firms, and clearing houses form the foundational pillars of this traditional architecture. However, the emergence of cryptocurrency has...
Nearly 30 years before Facebook became Meta, there was “the metaverse.” The author Neal Stephenson coined the term in his cyberpunk novel Snow Crash in 1992 to describe an online, VR-ish world where the inhabitants of humankind could interact and...
The last few weeks have witnessed some of the most turbulent times in recent memory for the cryptocurrency industry. Stable coins have been looking, well… not so stable recently, and coin values across the board have been sinking faster than...
In another sign of the fast approaching crypto winter, the combined market capitalization of all cryptocurrencies crashed to $969 billion on Monday, data from CoinMarketCap shows. The plunge of more than 12% over the last day amid a wider market...
Cardano (ADA) has been falling inside a corrective pattern since reaching an all-time high in Sept. There are no bullish reversal signs in place yet. ADA has been falling since reaching an all-time high price of $3.10 on Sept 2....
On Thursday, the U.S. Court of Appeals for the Second Circuit ruled that Terraform Labs CEO Do Kwon must comply with a subpoena served by the SEC back in September. The SEC is reportedly investigating last month’s Terra-led market meltdown,...
This week in coins. Illustration by Mitchell Preffer for Decrypt. The crypto market couldn’t hold on to gains it made last week following eight consecutive weeks of decline. According to CoinMarketCap data, all of the top 10 cryptocurrencies fell in...
A Nigerian court has convicted and sentenced a man to one year in prison who is accused of duping an unsuspecting cryptocurrency investor. On its charge sheet, the prosecution said that the man had contravened Nigeria’s anti-fraud laws and hence...
Forbes Fintech 50: Despite the crypto winter, the number of crypto companies listed in Forbes Fintech 50 2022 is more than in the past year. Another Web3 record broken. There are 9 companies focused on crypto that have been included...
Fashion is a tool for building your identity. It works in the real world, and it also works in the virtual one. Virtual identity has no limits, as fashion in the metaverse has no limits in gravity, creativity, or fit....
