German MP urges government to stop ‘hasty’ Bitcoin sell-off
German MP Joana Cotar said the mass Bitcoin sell-off isn’t “sensible” and “productive” as it could be used to diversify treasury assets and protect against currency devaluation.
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Tezos Foundation Issues Batch of Grants to Smart Contract, Explorer Projects
The Tezos Foundation has issued grants to projects submitted in response to its latest request for proposals.Per a Sept. 10 announcement, the foundation has released 14 new grants to projects targeting the advancement of the Tezos project. Recipient projects prioritized developments such as applications built using Tezos smart contracts, Tezos block explorers, tools for smart…

Maker founder proposes MetaDAOs and synthetic ETH in ‘Endgame Plan’
Rune Christensen has envisioned the final form of Maker governance, and it includes MetaDAOs, new governance tokens, and a new version of Synthetic Ether. 137 Total views 5 Total shares The co-founder of MakerDAO Rune Christensen has issued a new monumental proposal to push the project into its final form called The Endgame Plan. Across 3,000…

Blizzard Bans Hearthstone Player, Blockchain Comes to Rescue
The gaming world burst into an outrage as a result of Blizzard's move to expel a leading professional gamer from Hong Kong, Chung Ng Wai (aka Blitzchung), from its international Hearthstone esports tournament. Hearthstone is an online game featuring collectible cards that give players certain characters and abilities for an edge against their opponents. It was…

Whale clusters pinpoint 4 critical short-term Bitcoin price levels
The latest Bitcoin (BTC) whale clusters’ data shows four key short-term price levels could potentially act as resistances, namely $10,369, $10,570, $10,734 and $10,842.The hourly map of unspent Bitcoin from whales. Source: WhalemapWhalemap, an on-chain analysis firm that tracks Bitcoin whale activity, observes areas where whales, or high-net worth individuals, accumulate or move their holdings. Green…

Coercion and coexistence: How El Salvador’s Bitcoin Law may change global finance
“Clearly, the thing that’s transforming is not the technology — the technology is transforming you.” Jeanne Ross, formerly of the MIT Sloan Center for Information Systems ResearchIf El Salvador’s “Bitcoin Law” was “the shot heard round the world” for Bitcoin, then when the International Monetary Fund (IMF) and the World Bank questioned the legislation, it…

Bitcoin bulls fail to hold $21K, but pro traders refuse to flip bearish
147 days have passed since Bitcoin (BTC) closed above $25,000, and the result is that investors are less sure that the $20,000 support will hold. Backing these concerns are persistent global financial and macroeconomic tensions, which escalated on Nov. 7 after European Union officials expressed concerns over the $369 billion U.S. Inflation Reduction Act.The extended…

Finance Redefined: Number of DAOs surge, Solana launches $100M DeFi fund
This past week, the decentralized finance (DeFi) ecosystem was ruled by decentralized autonomous organizations and new fund launches for the growth of the Web3 ecosystem. The total number of DAOs surged by eight times while Solana launched a $100 million DeFi fund.Optimism, an Ethereum layer-2 protocol that Vitalik Buterin recently praised for its governance model,…

SEC sues Touzi Capital for allegedly defrauding over 1,200 crypto investors
The SEC claims Touzi Capital misled investors by stating their funds would finance crypto mining operations, but instead used them for unrelated expenses.