Crypto

Bitcoin supporter Jack Dorsey announced a web platform called Web5, a combination of the centralized internet Web 2 and the decentralized internet dubbed Web3. The product is part of Square’s subsidiary TBD which attempts to create a suite of BTC-based...

Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) Before its agonizing implosion last month, Terra’s ecosystem enjoyed nearly 15% of all DeFi market share. This made it the second-largest hub for all things decentralized finance, according to data from DeFiLlama. But when a $40 billion network...

As Bitcoin mining operations require more high degree of electricity than any other consumers, County Public Utility District (PUD) Commissioners have approved a bill this week to charge Bitcoin miners in Chelan County, Washington, with increased rates for electricity. As...

The Wu blockchain took to Twitter, explaining that the initial interest rate of the Anchor protocol was initially 3.6% until Do Kwon rejected it. Then, the Terra founder bumped the interest rate to 20% one week before deployment. According to...

Believe it or not, Anthony Hopkins is looking to become an NFT collector. The prolific Oscar-winning actor expressed his interest in acquiring some pieces for his nascent collection. “I’m astonished by all the great NFT artists. Jumping in to acquire...

More hedge funds are beginning to actively invest in the crypto market in anticipation of a bump in bitcoin’s price, says a new report. The report released by PwC shows that one-third of hedge funds are now moving into the...

Ronin reached a new milestone in the non-fungible token (NFT) space trailing only Ethereum as the biggest blockchain by all-time sales volume.  Ronin is one of the most popular blockchains when it comes to play-to-earn games that involve the buying,...

DeFi Safety, an independent DeFi rating organization, has ranked Solana as the second-worst according to the firm’s technical criteria.  Axie Infinity’s, the popular play-to-earn gaming platform, Ronin blockchain has been ranked as the worst, according to DeFi Safety. Ronin was...

A recent disclosure filed with the U.S. House of Representatives on Wednesday revealed that Rep. Madison Cawthorn (R-NC) failed to report between $290,000 and $950,000 in crypto trades within the 45-day federal law. Cawthorn reported that his trades took place...

Following a weeks’ worth of discussion and deliberation, the ApeCoin DAO has voted for $APE remain on the Ethereum network, citing reasons of security, complexity and cost as the main motivation for the decision. Back in April, a disastrous Otherside...