Telegram founder Pavel Durov arrested — What we know so far
Telegram founder Pavel Durov was arrested in France on Aug. 24. Here’s what we know so far and how prominent figures have reacted.
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NFT art galleries: Future of digital artwork or another crypto fad?
As nonfungible token (NFT) art continues to develop as an industry, a new trend is quickly emerging: physical NFT galleries featuring digital, nonfungible pieces of unique artwork. Most recently, the largest Bitcoin (BTC) event in history — the Bitcoin 2021 conference — featured a peer-to-peer pop-up NFT art gallery with artwork from over 30 different…
New free-to-own GameFi model is “high-risk” according to CZ
The blockchain gaming firm in question raised over $200 million on Monday to further its NFT operations. 258 Total views 11 Total shares Changpeng Zhao (CZ), CEO of Binance, criticized the creation of a novel "free-to-own" business model in the GameFi space on Tuesday, writing:"If everything will be free in the world, why do we…
FATF Raises Money Laundering Concerns Over Libra and Stablecoins
Global monetary watchdog, the Financial Action Task Force (FATF), has added its voice to the growing chorus of concerns over Facebook’s Libra and other stablecoins.Mass adoption of such currencies could hinder efforts to detect and stamp out money laundering and terrorist financing, Reuters reported on Oct. 18.Managing the potential risks of mass adoptionSpeaking to reporters…
3 reasons why Bitcoin price is clinging to $38,000
Bitcoin (BTC) has been unable to break from the 26-day-long descending channel. Investors are uncomfortable holding volatile assets after the United States Federal Reserve pledged to reduce its $9 trillion balance sheet.While inflation has been surging worldwide, the first signs of an economic downturn showed as United Kingdom's retail sales fell 1.4% in March. Moreover,…
Back From the Crypt: MakerDAO Toes the Line Between Life and Death
The crypto industry is young, and in emerging tech, a handful of companies often lead the charge. For those holding equity in these companies, this is generally considered something to be encouraged. For everyone else, it is not.The recent rise of decentralized finance has been no different, and the company holding the torch is MakerDAO.…
Did 2019 Deliver on All That Was Promised for the Crypto Industry?
Disappointment isn’t always a bad thing. It can be a spur, motivating one to work harder to meet expectations and goals. It is in this spirit that Cointelegraph informally surveyed members of the crypto community about this past year’s unfulfilled industry promises. Here are some of 2019’s biggest disappointments:Adoption missing?Where are the giant blockchain or…
Ticketing platforms use blockchain to engage with customers post-pandemic
The year 2020 was certainly lonely for many people around the world, as the COVID-19 pandemic resulted in the cancellation of almost all social events and gatherings. As a result, online events have become the new normal for almost every industry. While some may view this as an innovative development, many industries have struggled to…
‘Sinister’ debanking of crypto traders is often anti-competitive says Senator Bragg
Australian banks have been dressing up anti-competitive behavior as regulatory compliance when de-banking crypto customers, Senator Andrew Bragg said. “I believe many banks have been dressing up de-banking as a regulatory necessity. In fact it is often anti-competitive behavior and far more sinister and threatening than it appears on the surface,” the Liberal Senator for…