Category: Crypto Analysis

Singer Vérité’s fan-first approach to Web3, music NFTs and community building – Cointelegraph Magazine

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Carving out a sustainable career as an independent musician is no easy feat. The competition is fierce, support can be hard to find, and earning a living without the financial help of a major record label is an uphill battle. Yet, for those who are able to build a loyal fanbase, the freedom of complete creative control can be liberating. Technology has long proven to be a potential friend to those musicians willing to embrace it, and nonfungible tokens are the latest innovation that many tech-savvy artists have begun incorporating…

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An on-the-ground report – Cointelegraph Magazine

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In Cuba’s capital, Havana, a Bitcoin community has emerged from an economically antagonistic environment.“Satoshi didn’t create Bitcoin for Cubans, but it really comes in handy for us,” Forte, co-founder of the aptly named local Bitcoin organization Cuba Bitcoin, tells Magazine. Cubans are turning to Bitcoin because their money is increasingly worthless. Zimbabwe, Venezuela and Lebanon often compete for media coverage about runaway inflation levels, but the Cuban peso is not far behind. The Cuban peso has devalued so much over the last few years that carrying bags of cash is…

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Asia Express – Cointelegraph Magazine

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Our weekly roundup of news from East Asia curates the industry’s most important developments. Chinese worker fined $145K over VPN  An unnamed individual in China was fined 1.06 million yuan ($144,907) for using a virtual private network (VPN) to access restricted websites as part of a remote work routine for a foreign employer. According to local media reports from earlier this week, during his employment as a consultant between 2019 to 2022, the unnamed individual accessed GitHub to view source code, answered questions in customer support, held teleconferences via Zoom…

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Asia Express – Cointelegraph Magazine

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Our weekly roundup of news from East Asia curates the industry’s most important developments. JPEX scandal grows to over $166M  Last week’s Token2049 conference in Singapore was a life-changing experience for some; for others, the event did not meet expectations — but for a select group of individuals, the imminent prospect of being pursued by law enforcement meant they had to abandon their booths and flee the event.  On Sept. 21, local news outlets reported that Hong Kong police had arrested 11 individuals linked to troubled cryptocurrency exchange JPEX on…

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Asia Express – Cointelegraph Magazine

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Our weekly roundup of news from East Asia curates the industry’s most important developments. Token 2049, one of the largest crypto conferences of the year, attracted a record 10,000 attendees, 300 speakers and 5,000 companies during the two-day event in Singapore. From Sept. 13–14, attendees entering the majestic Marina Bay Sands Convention Expo and Center were greeted by the energetic beats from the Polyhedra DJ, then to a hall of booths showcasing the latest innovation in the blockchain industry. Aside from the main show, over 400 side events took place…

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Are DAOs overhyped and unworkable? Lessons from the front lines – Cointelegraph Magazine

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Ask 10 different people to define a decentralized autonomous organization (DAO), and you’ll likely get 10 different definitions. But there is at least one thing most agree on: DAO governance is a mess. At best, it’s an experiment in the works.  According to DeepDAO, DAOs today handle a whopping $17.2 billion in value. Yet many DAOs managing millions of dollars have proven hopeless at heeding even the most basic of lessons in business management 101. One does not have to look too far in the annals of crypto history to…

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What’s with all the crypto deaths?  – Cointelegraph Magazine

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Last month, Bulgarian plumbers were called to clear a blocked drain at an apartment block in the capital of Sofia. The blockage turned out to be the decomposing remains of 41-year-old United States crypto mogul Christian Peev — suspected to have been battered to death with a dumbbell by a friend out of jealousy. Weeks earlier, a group of children stumbled across the body of missing cryptocurrency millionaire Fernando Pérez Algaba in a river in the Buenos Aries province. Police say he was shot three times before being stuffed into…

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Hodler’s Digest, Aug. 27 – Sept. 2 – Cointelegraph Magazine

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Top Stories This Week  Grayscale wins SEC lawsuit for Bitcoin ETF review Crypto asset manager Grayscale Investments recently scored a big win in its battle against the United States Securities and Exchange Commission.  In an ongoing effort to convert its Grayscale Bitcoin Trust (GBTC) into a Bitcoin exchange-traded fund (ETF), the U.S. appeals court judge accepted Grayscale’s argument that the SEC’s rejection of its recent ETF application was unfair. The SEC had alleged that the GBTC didn’t have enough safe practices and fraud protection in place. Judge Neomi Rao gave…

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GTA owner joins Web3, Bitcoin casino, Sunflower Land review: Web3 Gamer

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Grand Theft Auto owner enters Web3 via mobile gaming arm Fun fact: mobile gaming giant Zynga is owned by Take-Two Interactive, the same company that also owns Rockstar Games, which is behind ultra-popular video game series like Grand Theft Auto, Red Dead Redemption and NBA 2K. Now Zynga is making its Web3 debut with a new franchise. Best known for its FarmVille series, Zynga has created an offshoot studio called Zynga Web3 (or ZW3) and announced Sugartown. It’s a cross-media world that will be more like a Web3 gaming platform…

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Asia Express – Cointelegraph Magazine

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Our weekly roundup of news from East Asia curates the industry’s most important developments. HashKey Hong Kong to commence retail trading  Crypto exchange HashKey, the first licensed virtual asset provider in Hong Kong, will open its doors to residents for retail trading on August 28.  According to local news reports, investors will only be allowed to invest up to 30% of their net worth into cryptocurrencies when using the platform. A risk control warning will be displayed if the limit is exceeded. However, Xiaoqi Weng, COO of HashKey, mentioned that…

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