LVMH is augmenting humans with AI, not replacing them
The luxury conglomerate has also debuted its internal ChatGPT spinoff exclusively for employees.
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MakerDAO members shoot down proposal for more centralization
In a major win for decentralization, members of MakerDAO, the lending protocol behind the Dai (DAI) stablecoin, have rejected a series of proposals that would have seen the protocol’s governance structure become more centralized. On June 27, the members of MakerDAO (MKR) showed up to consider three proposals that would have reorganized the leadership of the…

Bitcoin price quickly climbs to $31K, liquidating $100M of shorts
Bitcoin plays shorters for fools as a surge to $30,950 liquidates a huge number of risky positions. 2099 Total views 12 Total shares Bitcoin (BTC) passing $30,000 and hitting highs of near $31,000 has caused huge pain for traders betting on a bearish pullback.Cryptocurrency market overview. Source: Coin360Data from Cointelegraph Markets, Cryptometer and TradingView confirmed…

The GENIUS stablecoin bill is a CBDC trojan horse — DeFi exec
Centralized stablecoins feature all the hallmarks of a central bank digital currency, including the ability of the issuer to freeze tokens. The recent GENIUS stablecoin bill is merely a thinly veiled attempt to usher in central bank digital currency (CBDC) controls through privatized means, according to Jean Rausis, co-founder of the Smardex decentralized trading platform.

FTX is done — What’s next for Bitcoin, altcoins and crypto in general?
2022 was a tough year for crypto, and November was especially hard on investors and traders alike. While it was incredibly painful for many, FTX’s blowup and the ensuing contagion that threatens to pull other centralized crypto exchanges down with it could be positive over the long run. Allow me to explain. What people learned, albeit…

NFTs in the event and ticketing industry: How can it sustain millions of users?
Ticketing issues seem to be more and more common: The Rolling Stones concert in 2016, the 2017 Fyre Festival fiasco, Beyonce and Jay-Z’s 2018 “On the Run” tour, and most recently, Taylor Swift’s Era tour debacle. Many believe that large-scale ticketing giants have held a monopoly on event hosting for the world’s crème de la crème. If…

Elon Musk reminds followers he really isn’t Dogecoin’s master
Musk's tweets have been credited with markedly influencing the value of the meme cryptocurrency. 2299 Total views 2 Total shares Tesla CEO Elon Musk reminded Twitter followers on Tuesday that despite the recent interest he’s taken in Dogecoin (DOGE) he still has no formal authority over the project.Musk was replying to a comment from a…

Crypto whale loses $24M in staked Ethereum to phishing attack
A significant portion of the stolen funds has been transferred into the fully automatic cryptocurrency exchange FixedFloat. 439 Total views 4 Total shares A cryptocurrency whale has fallen victim to a massive phishing attack, losing millions of dollars in staked Ethereum on the liquid staking provider Rocket Pool.A large cryptocurrency investor lost the entire address

Grayscale expands ETF business, puts forward 3 new crypto funds
The new funds would invest in a wide range of different crypto-related assets including Bitcoin miners and privacy tech. 359 Total views 1 Total shares Three new crypto-focused exchange-traded funds (ETFs) have been put forward for approval by cryptocurrency asset manager Grayscale Investments, which also announced a new entity to manage its growing funds. On…