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Arbitrum DAO Shake-Up: Where Will 700 Million ARB Go?
On March 16th, the Arbitrum Foundation made a big announcement about their ARB token airdrop and the creation of the Arbitrum DAO. This news was met with much excitement and positivity in the cryptocurrency community. It gave the market a boost of optimism. However, things have taken a mysterious turn with the Arbitrum DAO and it’s unclear what is going on.
NVIDIA Finds a New Gold Mine in AI
In a recent interview with The Guardian, Michael Kagan, the CTO of well-known GPU manufacturer NVIDIA, made a bold statement about cryptocurrencies. According to him, despite the fact that the industry has brought the company huge profits in 2021, cryptocurrencies do not provide any value to society.
dYdX Moves Closer to a Cosmos-Based Network Transition
dYdX has left the StarkEx (a Layer 2 network from StarkWare) and is moving to its own blockchain within the Cosmos ecosystem. In the meantime, the decentralized exchange has launched the private testing phase of dYdX v4. The reason for this step is probably StarkEx shortcomings.
CyberConnect. Project overview and retrodrop guide
New technologies continue to change the way we communicate and interact with each other. CyberConnect is one such innovation that aims to improve social engagement through Web3 technologies.
GMX review. The largest DEX’s token on Arbitrum
Recently, Arbitrum has overtaken Ethereum in terms of daily transactions, showcasing the tremendous potential of this L2 solution. Despite not having its own token, Arbitrum has captured attention with its largest DEX platform, GMX, operating on the network.
What is the Ethereum Virtual Machine (EVM)?
The EVM (Ethereum Virtual Machine) is an execution environment for smart contracts written in the Solidity programming language, used for developing decentralized applications. EVM is an important component of the Ethereum ecosystem, allowing developers to create complex and innovative applications to perform a wide range of functions.
What is AMA in crypto?
An AMA (short for “Ask Me Anything”) is an interactive online event where an individual or a group of experts answers questions from the community in real-time.
Chinese Banks Ride the Cryptocurrency Wave in Hong Kong
China’s banks show interest in collaborating with Hong Kong’s crypto companies as the city aims to become a leading hub for digital assets. As we reported earlier, Hong Kong plans to legalize cryptocurrencies and related trading from June 1, 2023.
G7 to Unveil Cryptocurrency Regulation Strategy in May
The G7’s upcoming May summit in Hiroshima, Japan, could signal a call for the world’s leading democratic countries to join forces. The main objective is to introduce stricter regulations on digital currencies.
Coinbase to Launch Inflation-Proof Stablecoins
Coinbase has released a list of ideas for developers that it’s eager to fund and implement within its advanced Base ecosystem fund. One of the most interesting ideas is the creation of “flatcoins,” or more specifically, stablecoins pegged to inflation levels.
With Ethereum’s new “feature” you can forget about seed phrases
Ethereum’s team unveiled a game-changing account abstraction at the WalletCon conference in Denver, taking the user experience of crypto wallets to the next level. Say goodbye to worrying about losing your seed phrase – now you can recover access to your funds without it!
Unpacking ARB Tokens, Airdrop & Arbitrum DAO: Your Guide
Exciting news from the world of blockchain! After much anticipation, Arbitrum has finally unveiled its ARB token in a highly anticipated airdrop event scheduled for March 23rd. Along with the token launch, the platform is set to transform its governance model to a decentralized autonomous organization (DAO).
Understanding how macroeconomic factors affect Bitcoin’s price
The crypto media have been increasingly focusing on the topic of the global economy, and for good reason. The cryptocurrency market has become more responsive to changes in macroeconomic indicators, and Bitcoin itself has a strong correlation with the S&P 500 index during certain periods. How exactly do macroeconomic factors affect cryptocurrency prices?
Сan NFTFi be a new trend in 2023?
NFTFi (Non-fungible-token Finance) is a relatively new branch within the cryptocurrency space that combines decentralized finance and the NFT sphere. It may be divided into four segments: derivatives, renting, fractionalization, and lending.
Can NFT games regain traction?
Blockchain games give players complete ownership over their in-game items, allowing them to sell these items for cryptocurrency and even earn money from them. This makes NFT games a particularly intriguing part of the crypto industry.
YouTube’s new CEO supports Web3
YouTube announces the appointment of a new CEO to replace Susan Wojcicki, who held the position for about 9 years and worked for Google for almost 25 years.
Bitcoin Takes a Dive: What Caused the Drop Below $20,000?
In March, the cryptocurrency market had a rough time, with the price of Bitcoin dropping below $20,000 once again. Contrary to some speculation, this drop was not due to market manipulation by so-called “market-makers” nor was it caused by the USDC depeg from the US dollar, as that happened later. So what actually caused this price drop?
Is the crypto staking industry dead now?
The US Securities and Exchange Commission (SEC) recently fined American cryptocurrency exchange Kraken $30 million. The penalty was related to their staking services, which the SEC has now classified as the sale of securities. Could it possibly impact the industry overall?
Custodial and Non-Custodial Wallets: Know the Difference
Cryptocurrency wallets are the main tools for storing and managing cryptocurrency. There are two main types of wallets: custodial and non-custodial. It is important to understand the difference between them, as it determines the security of your assets.
Algorand: a promising blockchain or a failed project?
Although many blockchains have been touted as the “Ethereum killer,” none has yet achieved such success and widespread adoption. Algorand blockchain is no different, although it has a robust foundation that may still serve its purpose in the future.
What is a delta neutral strategy?
The delta-neutral strategy represents a trading technique intended to reduce the exposure of an investment portfolio to market hazards. Nowadays, it is becoming quite trendy in the cryptocurrency sphere.
Token and cryptocurrency functions you need to know
There are different ways to classify tokens and cryptocurrencies, but it’s most useful to group them by the functions they perform. This will help you understand the value of each type, which is an essential factor when deciding which crypto asset to invest in.
Unity Releases SDK for Blockchain Gaming, Signals New Era for NFT
It seems we are on the brink of a new era in Web3 gaming, as Unity, the leading cross-platform game engine, has released an SDK for connecting to a number of blockchains, such as Solana, Aptos, ImmutableX, Algorand, Flow, Altura and Tezos. Additionally, an SDK has been developed to interact with Metamask, a cryptocurrency wallet.
Can CBDCs ensure privacy?
Digital currencies issued by central banks (CBDCs) are becoming increasingly popular, which raises serious concerns in society. The new payment method will allow the government to censor transactions and obtain more information about citizens’ financial activities.
What is Avalanche? Features and prospects of the project
Numerous blockchains already exist in the cryptocurrency domain, each competing on different parameters, such as scalability, decentralization, transaction speed, and fee rates. While maintaining everything at a high level at the same time can be challenging, the Avalanche project has tried to do so.
