Bitcoin chases $70K as global tensions ease and crypto traders long the US elections
Bitcoin price rallies as traders react to geopolitical and economic uncertainty, as the potential outcome of the upcoming US election.
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Smart Contracts Don’t Necessarily Disrupt Traditional Contract Law, Expert Argues
Blockchain-based smart contracts indubitably fall subject to private international law, a legal expert has argued in a post published to Oxford University’s Business Law Blog today, Jan. 23.Giesela Rühl — a professor of Private International Law and co-director of the Centre for European Studies at the Friedrich Schiller University in Jena, Germany — entitled her…
Enjin plans to use NFTs to promote sustainability and equality as member of UN pact
The company previously said it planned to enable carbon-neutral NFTs by 2030, and claimed its JumpNet blockchain is already carbon-negative. 280 Total views 1 Total shares The United Nations Global Compact, a non-binding pact aimed at encouraging businesses to adopt sustainable and socially responsible policies, has accepted nonfungible token and blockchain gaming and platform Enjin…
Andreessen Horowitz invests $70M in Ethereum staking protocol Lido
The venture capital firm said Lido's liquid staking solution removes many "operational complexities" institutional investors have faced in staking ETH. 278 Total views 2 Total shares Ethereum staking solution Lido Finance has raised $70 million from venture capital giant Andreessen Horowitz, marking the protocol’s first funding round since May 2021. Andreessen Horowitz’s investment in Lido is…
Ignore the headlines — Bitcoin mining is already greener than you think
Is it possible to mine Bitcoin (BTC) using only 100% renewable energy sources and deliver the same economic returns as those using carbon-based sources? The answer is yes, according to Square’s recent analysis on the cost of renewables and their impact on Bitcoin mining.Unfortunately for our industry, the number of headlines and headline-making tweets about…
Facebook is on a quest to destroy the Metaverse and Web3
The future of how we socialize online is being defined as we speak, and it’s far too important to leave things to the likes of Meta and other mega social companies. Just a surface-level look at Meta’s history is enough to understand its tendency to severely miss the mark. Some companies like to use Web3 principles…
Blockchain developers launch $50M fund to increase Wormhole adoption
Wormhole is a cross-chain messaging protocol often used to transfer assets from one blockchain to another. 210 Total views 1 Total shares A $50 million fund has been launched to help startups that use the Wormhole cross-chain messaging protocol, according to a May 18 announcement. The new fund is being managed by venture capital fund…
The future of DeFi is ReFi
The TradFi mindset is holding crypto back The constantly evolving ecosystem of decentralized finance (DeFi) has emerged as a groundbreaking and experimental alternative to traditional finance (TradFi), demonstrating immense potential while simultaneously facing a myriad of challenges. Paradoxically, some of the very behaviors that have long characterized TradFi — the prioritization of short-term profits, and…
Women in Blockchain: Has Gender Distribution Come to the Crypto Market?
On Dec. 4, Bitcoin (BTC) fund operator Grayscale published the results of a study that showed 43% of respondents interested in BTC investments turned out to be women. Today, half of Binance’s employees are female — and in India, women make up the majority of crypto investors.Does this mean that gender equality has come to…