News

Oct 16
What is a Web3 browser and how does it work?

A software program called a web service enables computer-to-computer communication over the internet. However, web services are nothing new and typically take the form of an application programming interface (API). The Web is a collection of related hypertext materials that may be accessed online. For example, a user examines web pages that may contain multimedia […]

Oct 16
Wintermute repays $92M TrueFi loan on time despite suffering $160M hack

After repayment of TrueFi’s $92 million loan, Wintermute still owes $97.4 million to Maple Finance and Clearpool in loans. 1331 Total views 38 Total shares When Wintermute, a cryptocurrency market maker, lost $160 million due to a hack, concerns related to the repayment of debt worth $189.4 million surfaced. However, in an exciting turn of […]

Oct 16
India aims to develop crypto SOPs during G20 presidency, says finance minister

Sitharaman has previously called for global collaboration to decide on crypto’s future and has been cautious against mainstream crypto adoption citing risks to financial stability. 1099 Total views 46 Total shares The finance minister of India, Nirmala Sitharaman, revealed India’s plan to develop standard operating procedures (SOPs) for cryptocurrencies during its G20 presidency, from Dec. […]

Oct 15
NFT Steez and Lukso co-founder explore the implications of digital self-sovereignty in Web3

Sovereign identity has been a hot topic in blockchain and cryptocurrency, especially with the rise of the creator economy. Currently, there are two types of digital identities. One is federated and centralized whereby data is in the control of the service provider. Self-sovereign digital identity is often cited as a human right that can reclaim […]

Oct 15
Fed governor Waller says US CBDC would not enhance things the world loves about US fiat

The U.S. and the world benefit from the primacy of the U.S. dollar in the world economy, but it is stablecoin, not a CBDC, that will enhance the fiat’s place, according to Waller. 1294 Total views 46 Total shares A United States central bank digital currency (CBDC) would not enhance the qualities of the U.S. […]

Oct 15
Academy Award winner Anthony Hopkins sells out NFT collection in minutes

The collection features 1000 original cinematic art pieces inspired by the actor’s award-winning career. 2586 Total views 86 Total shares Oscar award-winning actor Sir Anthony Hopkins has sold out his debut NFT collection “The Eternal Collection” in under 10 minutes.  The collection, created in partnership with Orange Comet Inc, an NFT and Web3-focused design agency, […]