Centralized crypto exchanges are key for mass adoption, despite FTX collapse

"With a global MiCA, the FTX crash would not have happened," said European Parliament economics committee member Stefan Berger. 1070 Total views 7 Total shares European Parliament economics committee member Stefan Berger has compared the current situation with FTX to the 2008 financial crisis, using “such Lehman Brothers moments” in justifying the need for regulating…

It has been a chaotic week for digital assets. Two firms may be inching closer to insolvency while Coinbase, one of the largest crypto exchanges, laid off almost a fifth of its staff. 117 Total views 2 Total shares The 2022 version of crypto winter has been unlike anything we’ve seen before. As I warned…

A spokesperson for Tao Tao said it "could not agree on a strategy" with Binance. Japan-based digital asset trading platform Tao Tao ended negotiations with Binance, setting back the timeline for the crypto exchange to launch trading services for users in the Asian nation.According to an Oct. 5 update from Tao Tao, the platform stated…

This potential move will swap the native AGI token from ERC20 to Cardano SingularityNET, the AI company behind the expressive robot Sophia, is “seriously discussing” a migration from Ethereum to Cardano, after announcing a collaboration with IOHK.IOHK is run by the founder of Cardano, Charles Hoskinson, and drives the development of the blockchain platform. SingularityNET…

Venture capital firm Andreessen Horowitz has led a $5 million funding round for Arweave, a blockchain-startup focused on permanent online data storage.On Nov. 5, the Arweave project reported that it had attracted world-leading funds in a $5 million investment round led by Andreessen Horowitz’s a16z Crypto, with the participation of other top investors such as…

Artificial intelligence firm SingularityNET and blockchain firm VeChain have become the latest firms to marry blockchain with artificial intelligence — this time, with the aim of cutting down carbon emissions. Over the last year, the crypto industry has seen an increasing amount of collaboration between blockchain and AI technology. On Aug. 24, VeChain — a…

Picking Chainlink over its competitors was an easy decision for Waterhouse. 1348 Total views 20 Total shares Decentralized VPN Orchid is adding a Chainlink oracle that, like a “secret shopper,” samples bandwidth pricing from all the providers in the network. Orchid co-founder Steven Waterhouse explained the importance of this feature, stating, “The basic idea is in…

As the music industry continues to push into the Web3 space getting artists both mainstream and up-and-coming has its hurdles but also major rewards. 247 Total views 7 Total shares Musicians and executives alike have seen the power of Web3 tools such as nonfungible tokens (NFTs) to transform audiences into active communities with fewer barriers…

Bitcoin (BTC) still risks “considerable danger” in 2023 as macroeconomic conditions dictate price action.That is according to economist Lyn Alden, who in private comments to Cointelegraph cautioned on Bitcoin staying bullish after its January gains.Alden: BTC price bottom is a "process"Optimism is increasing throughout crypto as BTC/USD broadly retains levels, which are 40% higher than…