Audius Fundamental Analysis Audius is a decentralized music streaming and sharing platform seeking to become a real competitor of current market leaders like Spotify, Soundcloud, and Pandora. The main goal of Audius is to promote a fairer distribution of the revenue that artists get in the industry, which is nowadays around 12%, on average. To […]
How can online review platforms be combined with blockchain technology?
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23% of Gen Z is investing in memes like Dogecoin (only 9% in NFTs)
Nearly a quarter of young, new crypto investors are actively investing in meme-driven cryptocurrencies like Dogecoin, a survey by betting app Gamblers Pick found recently. Meme narratives have spruced up the crypto space massively in the past few months driven by the likes of Dogecoin (and celebs like Elon Musk continuously shilling such coins). The […]
Ark Invest: Bitcoin Mining Net Positive to Environment, Concerns of BTC’s Energy Consumption Are Misguided
Following concerns raised by Tesla CEO Elon Musk about Bitcoin’s energy consumption, global asset manager Ark Investment Management explained that the concerns are “misguided.” Referring to its research using real-world data, the investment firm emphasized that “the impact of bitcoin mining could become a net positive to the environment.” Bitcoin Mining Could Help the Environment […]
DeFi platform ‘bEarn Fi’ promises 105% compensation after $10 million hack, but is it the right thing?
Cross-chain decentralized finance (DeFi) yield farming platform bEarn Fi fell victim to an exploit in its smart contract on Sunday, allowing a malicious user to siphon $10.85 million worth of Binance USD (BUSD) stablecoins from one of its vaults. “Dear community, we have been hard at work investigating the situation. We have published details regarding […]
The Fiat Mindset: Why Most Economists Don’t Get Bitcoin
Modern economists are often vehemently opposed to bitcoin and its application as money – why is this? Josef Tětek is a SatoshiLabs and Trezor Brand Ambassador. It’s a tulip mania, a Ponzi scheme, a bubble about to burst. You’ve heard it all before. And not just from your nocoiner friends: This narrative has been pushed […]
Coinbase (COIN) falls below $250, blockchain stocks sell off as Bitcoin dip continues
COIN, MARA, RIOT and other blockchain-related stocks continue to slide as Bitcoin struggles to hold above $43,000. It is well known that as goes Bitcoin (BTC), so goes the rest of the cryptocurrency market, as time and again, major price moves from Bitcoin create ripples across the altcoin market, impacting sentiment and momentum. This appears to […]
Bank of America partnership with Paxos will allow same-day trade settlements
Joining the Paxos Settlement Service could allow many Bank of America customers to settle stock trades in minutes rather than days. The second-largest bank in the United States is now reportedly using blockchain technology for settling stock trades. According to a Bloomberg report on Monday, Bank of America has joined Paxos Settlement Service, a platform […]
Polkadot announces Kusama is ‘finally ready to host parachains’
The rollout of the Polkadot protocol has been ongoing since August, when the project launched its Rococo testnet. Kusama, sister chain to Polkadot’s platform, is ready for the rollout of parachains on the network. Polkadot and Kusama creator Gavin Wood today said in a blog post that Polkadot was entering the fourth and final phase […]
Ethereum’s Q1 Stats Report Highlights Blockchain’s ‘Ultra Sound’ Financial Growth in 2021
During the first three months of 2021, the cryptocurrency ethereum has shined as 90-day statistics highlight the digital asset has climbed close to 80% in value. On Monday, former Ark Invest analyst James Wang published a detailed summary highlighting the Ethereum project’s first-quarter financial results. Wang’s comprehensive Ethereum analysis showcases a myriad of data points […]