TON could help DeFi break into mainstream: Report
The prediction raises a hopeful sign for the struggling DeFi sector, which has been underperforming other crypto niches like memecoins and smart contract platform-related tokens.
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If good UX is like driving auto, Web3 is ‘driving stick’ — UX designers
The current state of Web3 user experience is akin to driving a manual transmission car — there’s more control, but most users will find it unnecessarily clunky, according to several UX designers.Over the years, discussion around mainstream adoption of Web3 has centered around the need to improve crypto’s user experience and “ease of use.”However, in…

Tornado Cash attacker to potentially give back governance control, proposal reveals
A few hours into the hack, to everyone’s surprise, the attacker surprisingly reached out to the Tornado Cash community with a new proposal to supposedly give back governance control. 441 Total views 5 Total shares An attacker who sparked community-wide panic by hijacking the Tornado Cash governance is now proposing to undo their hack — and while not…

Paxos’ DLT Settlement Platform Is Live With Credit Suisse and Instinet
Paxos, a New York-regulated financial firm and the issuer of a USD-pegged stablecoin, has launched its blockchain-based settlement platform.After announcing Paxos Settlement Service in late 2019, Paxos Trust Company has launched the product to settle select United States-listed equity trades between the two broker-dealers, Swiss financial services firm Credit Suisse and Nomura Group-owned Instinet, according…

Is crypto a boys’ club? The future of finance is not gendered
“I am used to being the only woman in the room,” Joni Pirovich told Cointelegraph over the phone. Her tone wasn’t impassioned like she was claiming an injustice. It was matter-of-fact, resigned to the truth of it. Pirovich is a blockchain and digital assets lawyer and has been involved in the crypto industry for years. She’s…

Bitcoin will eat gold’s market share, according to JPMorgan
The investment bank says gold could languish for years as Bitcoin’s popularity grows. 1378 Total views 7 Total shares Growing mainstream acceptance of Bitcoin (BTC) as a reserve asset is having a direct impact on gold, setting the stage for a major shift in institutional allocation between the two assets, according to analysts at JPMorgan…

Crypto traders avoid risk and shelter in stablecoins as the market reaches a turning point
On-chain analytics firm Glassnode published a report hinting that investors are rotating capital toward risk-off assets like stablecoins and Bitcoin. Technicals show that altcoins are at a crucial turning point between a positive and a negative breakout.Glassnode’s analysis of Uniswap and futures trading volumes reveals that the uptrend that began in the first quarter of…

Crypto venture fund Galaxy Ventures could hit a $180M fundraise: Report
Mike Novogratz’s Galaxy Ventures Fund I is set to raise past its $150 million target despite headwinds for crypto venture capital. Michael Novogratz’s Galaxy Ventures Fund I LP is expected to raise around $175 million to $180 million by the end of June to build a portfolio of 30 crypto and blockchain startups. According to