Tag: cointelegraph

Jun 06
MetaBrewSociety to offer voting rights over a brewery via NFTs and DAO

Brewing could soon be getting the Web3 treatment, with tokens giving holders a choice on how their favorite brewery is run. 747 Total views 6 Total shares Munich-based MetaBrewSociety (MBS) will soon offer voting rights on the business decisions of a physical brewery via nonfungible tokens (NFTs) and a decentralized autonomous organization (DAO). The MBS […]

Jun 06
Remote roles in blockchain offer flexibility for women: Alien Worlds co-founder

McKenna shared that blockchain communities are “extremely diverse” and offer “unique perspectives and interests. 508 Total views 15 Total shares Saro McKenna, the co-founder of nonfungible token game Alien Worlds and CEO of blockchain consulting firm Dacoco, shared perspectives and personal experiences regarding inclusivity within the blockchain industry in an interview with Cointelegraph.  Having experienced […]

Jun 06
Blockchain-based move-to-earn app Stepn under DDoS attacks after upgrade

Apart from trying to get rid of cheating and bots, Stepn is also working to limit its platform’s availability for users in mainland China. 582 Total views 7 Total shares Solana-based move-to-earn application Stepn has reported multiple denial-of-service (DDoS) attacks in the aftermath of the platform proceeding with a major anti-cheating upgrade. Stepn took to […]

Jun 06
BTC price snaps its longest losing streak in history — 5 things to know in Bitcoin this week

Bitcoin (BTC) starts a new week with some fresh hope for hodlers after halting what has been the longest weekly downtrend in its history. After battling for support throughout the weekend, BTC/USD ultimately found its footing to close out the week at $29,900 — $450 higher than last Sunday. The bullish momentum did not stop […]

Jun 05
5 reasons why Bitcoin could be a better long-term investment than gold

The emergence of forty-year high inflation readings and the increasingly dire-looking global economy has prompted many financial analysts to recommend investing in gold to protect against volatility and a possible decline in the value of the United States dollar.  For years, crypto traders have referred to Bitcoin (BTC) as “digital gold,” but is it actually […]

Jun 05
Bitcoin long-term hodlers begin ‘distribution’ which preceded BTC price bottoms

Bitcoin (BTC) stayed wedged in a tight range on June 4 as traders’ demands for a new macro low persisted. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Long-term holders begin ‘distribution’ Data from Cointelegraph Markets Pro and TradingView showed BTC/USD stuck between $29,000 and $30,000 into the weekend. The pair had managed a revival to near […]

Jun 05
Global Web3 metaverse and tax initiatives continue in the face of a market meltdown

In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain. In 2021, nonfungible tokens became the biggest disrupter in art, with artists minting, exhibiting and auctioning them […]

Jun 05
Bitcoin ATM installations record low in May, biggest drop since 2019

Over the past five months since January, Bitcoin ATM installations saw a gradual slowdown, eventually falling 89.75% from December 2021’s 1971 new installations. 541 Total views 25 Total shares Bitcoin (BTC) ATM installations across the globe have seen a steep decline throughout the year 2022, with May recording just 202 new BTC ATMs, a range […]

Jun 05
Yuga Labs’ BAYC, OtherSide Discord groups breached, over 145 ETH stolen

According to OKHotshot’s investigations, the attack was conducted by hacking into the Discord account of Boris Vagner, community and social manager for Yuga Labs. 1475 Total views 51 Total shares Yuga Labs, the creator of two of the most popular ape-themed nonfungible token (NFT) offerings — Bored Ape Yacht Club (BAYC) and OtherSide — witnessed […]

Jun 03
Vitalik shows support for Optimism’s governance structure and OP gas proposal

The Ethereum co-founder has often advocated for projects to move away from coin voting in DeFi and DeGov, as it will enable smaller holders to participate in governance. 2745 Total views 37 Total shares Ethereum co-founder Vitalik Buterin has shown support for Optimism’s new governance structure, noting that proposals such as using the OP token […]