Decentralized autonomous organizations, or DAOs, are all the rage at the moment. We’re seeing explosive growth in this sector as people experiment with building companies on top of tokens and smart contracts. And where new organization types bloom, so does the need for infrastructure. Utopia Labs is a team of four founders who met on […]
Ben Rubin explains why the Web3 era of social media will help everybody get paid
After a decade of a handful of social media companies trading what are essentially publishing tools in exchange for serving us all an endless deluge of ads, the winds of change are finally blowing.
Ukraine’s crypto legislation is a step in the right direction
With corruption, unlawful asset seizures by politicians and the collapse of several of Ukraine’s prominent banks, it is only reasonable that the decentralized nature of Bitcoin appeals to the people.
NBA Top Shot creator on the NFT craze and why Ethereum still isn’t consumer friendly
We caught up with the Dapper Labs CEO at TechCrunch Disrupt 2021 last week to discuss the challenges facing the crypto space, the future of Ethereum, and how quickly NFTs blew up this year.
Mark Cuban and Coinbase back Eternal, an NFT marketplace for trading Twitch streamer clips
The NFT world collectively seems to be trying to turn internet memories into one big game — with a lot of cash involved of course. The original “Doge” image sold for $4 million back in June, the original “Pepe” comic image sold for $1 million in April, in short, people are becoming meme millionaires. Buying […]
Guardian owner invests in Unlock, an NFT protocol designed for subscriptions and memberships
Monetization for the creator economy continues to be a huge issue and opportunity, but creators mostly have to lock themselves into platforms like Patreon to realize their value. A better method would be to have a membership system for creators which sat across several platforms. Now, GMG Ventures (parent company of The Guardian newspaper) has […]
Crypto liquidity is ready to eat cross-border payments’ lunch
Traditional foreign exchange companies will need to change their revenue models, which currently rely heavily on transaction fees, or risk becoming obsolete.
Old coal plant is now mining bitcoin for a utility company
Bitcoin is breathing new life into another ailing power plant.
Bitcoin outlawed in China as country bans all cryptocurrency transactions
Move comes as government seeks to limit fallout of looming real estate collapse.
El Salvador’s adoption of bitcoin as legal tender is pure folly
Cryptocurrencies are a baffling entity but adopting it as legal tender is the strangest, most worrying aspect of allEl Salvador this month became the first country to adopt a cryptocurrency – in this case, bitcoin – as legal tender. I say the first, be…