Will Miners Drag BTC Down to $13k?
Bitcoin production cost has dropped to $13,000. Meanwhile, mining rig prices have hit 2-year lows, and Barron’s says that could lead to BTC price falling to $13K.
Shadow Fork 9 goes live on Ethereum. The blockchain is still on track for mid-September Merge. Prominent DeFi researchers says the Merge will not reduce ETH gas fees. It would not surprise me if this researcher is correct.
Celsius is putting an end to its misery by filing for bankruptcy. With rumors of its insolvency already circulating, it was bound to happen.
Former Ripple advisor Michael Barr to serve as Vice Chair for Supervision of the Federal Reserve. Why Ripple invested in buy-now-pay-later NFT platform Supermojo. Barr’s appointment to the Fed is huge news for the crypto industry. Appointed by President Joe Biden, he has broad bi-partisan support.
Is Binance.US poised to kick Coinbase to the curb? If its volume continues to fall, Coinbase could end up in the ditch.
Binance chief Changpeng Zhao is still sold on algorithmic stablecoins.
Polygon and 5 other Web3 projects have been selected for Disney Accelerator program.
MetaMask cofounder Aaron Davis says buying crypto is gambling.
OpenSea lays off 20 percent of staff. Tencent shuts down NFT platform.
Former Amazon Video executive says the metaverse will change Hollywood and Disney will dominate. But there are huge dangers lurking there. Here’s how to guard against them. Meanwhile, Tony Hawk is building the largest skate park in the metaverse. How many skate parks are there, exactly?
Meet the most ecofriendly cryptocurrencies on the market.
Cardano founder Charles Hoskinson says blockchain technology will radically transform government.
Will Web3 make ICANN obsolete? No. I’ve said it several times already. Just as Web1 and Web2 currently sit side by side, Web3 will join them. The Web is becoming more layered. Web3 will be popular, but it won’t dominate for a long time.
What happens when DAO governance goes wrong. DAOLens to streamline DAO structure. Denver Broncos fans want to raise $4 billion to buy the team through a DAO. And DAOs could be the key to Gen Z brand loyalty.
What’s wrong with centralized crypto lending?
The crypto crash creates a crisis for dark web exchanges. It’s doing no wonders for ransomware gangs either.
Plaid adds read-only support for crypto exchanges.
Reddit is launching an NFT avatar marketplace. Disclosure: Yours truly is the author.
7 DeFi risks you should be aware of.
UK court says it’s okay to file notice of lawsuit with an NFT.
Multicoin raises $430 million for Web3 fund. The race is on to build a crypto-native, consumer-friendly Web3 messaging platform. If you missed it, listen to this discussion on Web3 monetization and content ownership between Adam Waring, Ryan Gerardi, and myself. And here’s why Web3 must be built differently.
9 signs that you might have a crypto addiction.
Crypto buyers must understand what they’re buying.
The new South Park movie is one long crypto roast. There are two reasons artists roast anything. The first reason is they are hypercritical and want to make that known. The other reason is they want to honor something they truly love. Typically, artistic roasts only happen if something is popular enough to warrant the attention. Which reason do you think the South Park creators are roasting crypto?
The crypto gaming ecosystem in 2022.
A new decentralized social media network is coming to town.
You know the deal: Snark and commentary is in italics. Where else would they be?
Cryptocracy is a decentralized newsletter published several times a week. I curate the latest news and crypto analysis from some of the brightest minds in crypto, and sometimes offer a little insightful and snarky commentary. Always fresh, always interesting, and always crypto.
First published at Cryptocracy. Not to be construed as financial advice. Do your own research.
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