Mark Zuckerberg’s ambitions for the “metaverse,” the buzzy brand he has assigned to the idea of a digital world buttressed by virtual reality and dominated by Facebook parent Meta, have already run afoul of government regulators.On Wednesday, the Federal Trade Commission filed an antitrust lawsuit against Meta, seeking to block its acquisition of a virtual…
Libra Cryptocurrency
Libra is a permissioned blockchain digital currency proposed by the American social media company Faceboo
Moonbug And Goop Investor Felix Capital Raises $600 Million
A failed bid to build a textile marketplace at the height of the dotcom boom taught Felix Capital’s Frederic Court an important lesson about the power of habits.“Consumers can change their lifestyles fast but in a work environment it takes much longer,” says Court, who has now landed a spot on the Midas List Europe…
Welcome to the Zombie Cryptocalypse
Gilad Edelman Business May 23, 2022 3:04 PM Welcome to the Zombie Cryptocalypse The same qualities that make cryptocurrencies go bust also explain why they refuse to die. Photograph: PM Images/Getty Images The owners of cryptocurrencies have had a rough few weeks.Bitcoin and Ethereum have lost more than half their value since their peak last…
Bitcoin and Other Cryptocurrencies Aren’t Dead Just Yet
+++lead-in-textnnThe owners of cryptocurrencies have had a rough few weeks.Bitcoin and Ethereum have lost more than half their value since their peak last November, a slide that has outpaced the broader markets’ decline.Earlier this month, a so-called algorithmic stablecoin, Terra, which supposedly had a fixed value of $1, started [plummeting in value](https://www.wired.com/story/terra-luna-collapse/).That’s because it was…
Should We Expect a Bitcoin Bull Run in 2022? | by Voskcoin Cloud Mining | May, 2022 |
Voskcoin Cloud Mining Follow May 6 · 8 min read The price of Bitcoin , the biggest digital currency by market value, started the year at around $30,000, only to more than double and hit north of $60,000 by mid-April.Since then, the cryptocurrency has tumbled to around $30,000 again. Let’s take a look at some…
3 Reasons Why Web3 Needs Protocols And Not Service Providers
Opinions expressed by Entrepreneur contributors are their own.A considerable amount of hype has developed surrounding what is known as “ Web3 .” Web3 is essentially based on distributed ledger technology and many companies are using Web3 as an umbrella term to describe alternative utilities and marketplaces built on an underlying blockchain . There are many…
Sui: A Blockchain Built with Smart Contracts Written in Move
New Layer 1 blockchains are popping up with increasing frequency and it can be difficult to discern which ones will have the staying power to survive, as Web3 continues to evolve.Each of these blockchains purports to be more efficient, more secure, and generally better than anything that came before. Once in a while, the announcement…
Ex-Meta employees raise $200M from a16z, Tiger, Multicoin to realize Facebook’s crypto dreams
Facebook’s audacious attempt at creating a crypto payments network met an unceremonious end earlier this year when Silvergate Capital acquired the Diem technology assets for $182 million .The deal showcased how Facebook, now Meta, is left with few regulator-blessed paths forward to become a central player in the blockchain ecosystem, a realization which has also…
India: Cryptocurrency Amid Pandemic – Sapphire and Sage Law Offices
INTRODUCTION In the 21stcentury the next breakthrough after the innovation of the internet was Cryptocurrency.One of the best-known cryptocurrencies is Bitcoin which was introduced in 2008 having a value of zero, and if we talk about the same in today’s time the value of the same Bitcoin is in lakhs of Indian Rupees. Cryptocurrency Explained…
Twitter Adds New Payment Options to Its Tips Feature
Blockchain Twitter Adds New Payment Options to Its Tips Feature Users can now add an Ethereum address Tips now works with Barter by Flutterwave (Africa), Paga (Nigeria) and Paytm (India)Twitter By David Cohen8 mins ago Twitter added new payment options to its Twitter Tips monetization feature.David Cohen @9Number9 David Cohen is editor of Adweek’s Social…