Crypto’s ongoing crisis is an opportunity for realignment
The value and reputation of the crypto market took a nosedive this May. Its recovery is a chance to fix both. It’s not a great day to be in crypto. Perhaps you’ve seen an article (or 20) about this. Perhaps you’ve been on Twitter, where our detractors are cackling gleefully over every headline, each one more harbinger-of-doom-esque than the next. To be fair, things are going badly. Crashed, collapsed, erased, plunged, obliterated and imploded are the operative verbs in most coverage, and they’re not being used incorrectly or in an exaggerated manner. There’s no putting a positive spin on a....
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The Ethereum Foundation has initiated a leadership realignment designed to unshackle Vitalik Buterin from routine coordination and crisis triage, allowing the network’s co‑founder to devote his time almost exclusively to deep‑cycle research. The shift was disclosed by Tomasz K. Stańczak, recently appointed Co‑Executive Director of the Foundation, in a post on X that outlines an […]
vDice ICO is a once-in-a-lifetime opportunity for investors and cryptocurrency enthusiasts to become the part of a democratized gambling platform. Everyone likes a good game. vDice has proven this during its ongoing crowd sale. The Ethereum-based decentralized gambling platform, in only less than three weeks, has raised more than 212,000 ether which is equivalent to over $1.76 million. Out of the total funds raised so far, the first $1 million was funded in less than 90 minutes. The highly successful ICO of vDice’s crypto tokens — vSlice has increased the expectations of both the....
This case-study will focus on Bitcoin’s rise in Nigeria. It was partially inspired by a question from Bloomberg’s Joe Weisenthal about what benefits does Bitcoin bring to people living amid a currency crisis. Economies with Currency Black Markets. There is a currency crisis in the Nigerian economy, and using Bitcoin remittances offers real, measurable financial benefits to its population of 173 million. In the event that President Trump blocks remittances from the US to Mexico (which is a form of capital control on the US economy) then a similar opportunity for the profitable use of....
After rejecting a proposal to ban crypto mining, the EU is looking at disclosure and mitigation measures to make crypto assets more sustainable in the coming years. The European Union (EU) released a package of documents Oct. 18 relating to an action plan for implementing the European Green Deal and the REPowerEU Plan, both of which are aimed at energy savings by digitalizing the energy sector. The European energy planners have cryptocurrency in their sights along with myriad other energy users.The REPowerEU Plan was announced in May as a response to the Russian invasion of Ukraine, which....
Bitcoin has enjoyed a pivotal moment, thanks to the ongoing Greek debt crisis, which resulted in capital controls and an influx of funds towards the cryptocurrency. Indeed bitcoin prices have eventually landed back above the $300 mark, following a long period of consolidation around $220 earlier in the year. The prospect of shifting back to a potentially worthless drachma has led several Greeks to move their money to bitcoin, as some websites have offered bitcoin loans and investments while others offered to purchase Greek products using the cryptocurrency. This could allow Greek citizens....