Crypto is not Web 3.0; it’s a new form of capitalism, according to a crypto executive.
Crypto as Capitalism 2.0 Mert Mumtaz, CEO of RPC Node Provider Helius, refers to Crypto as the embodiment of “Web 3.0.” He argues that it enhances crucial aspects necessary for effective capitalism—free information, secure property rights, aligned incentives, transparency, and seamless capital movement. Mumtaz elaborates: “The goal of Crypto is to radically transform humanity’s most […]
Crypto Games Continue to Close. This $500K Fund Seeks to Assist Players in Recovering
Simply put The Crypto Gaming Recovery Fund is designed to aid players impacted by the closure of Crypto Games in Splinterlands. A total of $500,000 in tokens and in-game assets will be distributed over a seven-year period. The team behind Splinterlands is inviting more contributors to help provide game assets to those affected. Blockchain games […]
Crypto expert anticipates an 800% surge for XRP.
XRP Sees Potential for Strong Gains XRP has made a notable recovery, recently surpassing the $3 mark, which has many crypto analysts excited. They believe this could signal a substantial breakout, promising returns previously thought unattainable. Technical analyst Matt Hughes recently showcased a chart highlighting long-term Fibonacci expansion. He suggests that XRP’s next key targets […]
Crypto IPOs Heat Up While Gensler Texts Are Missing
Simply put Gemini made its NASDAQ debut with a valuation of $4.4 billion, rising by 22.6% amid a regulatory situation involving a CFTC nomination. As Crypto Lending enters the capital markets, it kicked off public trading at a valuation of $5.3 billion. Tokenization is gaining traction, with BlackRock showing interest in ETF tokenization and NASDAQ […]
Researchers Discover Hidden Malware That Targets Crypto Browser Wallets
Simply put ModStealer employs obfuscated code to infiltrate systems through fake recruitment advertisements. This malware specifically targets browser wallets while masquerading as a background helper. It represents a significant risk to cryptocurrency users and platforms, as reported by decryption sources. A new strain of malware was identified on Thursday, capable of stealing data from crypto […]
Billionaire Barry Silbert shares he hasn’t felt this thrilled about a crypto project since finding Bitcoin.
Barry Silbert, an early entrepreneur in the crypto space and widely recognized as a proponent of “Digital Gold,” recently shared his enthusiasm for a growing field. Speaking at Fortune’s brainstorming technology meeting in Park City, Utah, he unveiled a vision for the future. “We think the next significant trend in crypto will be where AI […]
Saylor’s Approach Rejected as S&P 500 Establishes New Standards for Crypto Companies
Rejection by S&P 500 Raises Bar for Crypto Companies Last Friday, the S&P 500 opted not to include a proposed strategy in its stock index, despite it meeting all the necessary criteria. Analysts are interpreting this decision as setting a tougher standard for cryptocurrency firms trying to gain acceptance. The decision was particularly surprising for […]
Crypto Traders Benefit from Charlie Kirk’s Death Amid Ongoing Ethical Debate
Simply put Crypto traders engaged in the buying and selling of several meme coins associated with Charlie Kirk after his assassination, resulting in substantial financial gains. Token creators and the top five traders together garnered over $2 million, leading to ethical concerns among meme coin traders. Opinions vary; some believe that profits from such tragedies […]
Crypto Requires a ‘Healing Moment,’ Says Elliptic’s Policy Chief
Recent Developments in Cryptocurrency Regulation The cryptocurrency industry is currently experiencing a whirlwind of significant changes, which can certainly be overwhelming. However, a recent announcement from the Securities and Exchange Commission and the Commodity Futures Trading Commission suggests a potential turning point. On September 2, they published a joint statement allowing U.S. exchanges to list […]
Dogecoin ETF Encourages the Crypto Sector to Welcome Speculation
Upcoming Launch of the First US Dogecoin ETF The first US Dogecoin (DOGE) Exchange-Traded Fund (ETF) is set to debut on Thursday. This event has drawn a mix of reactions: some view it as a significant advancement for the legitimacy of crypto, while others see it as just another speculative venture by a new rapper. […]