Tag: Cointelegraph

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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PUBG devs’ Web3 project, Animoca’s $20M raise, Shardbound review – Cointelegraph Magazine

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PUBG meets Cosmos Krafton, the company behind PlayerUnknown’s Battlegrounds (PUBG), is venturing into Web3 with Settlus, a Cosmos-based blockchain project specifically designed for the creator economy. Settlus aims to provide content creators with a payment platform that streamlines transparent settlement processes. The South Korean gaming giant’s project was announced at the Korea Blockchain Week’s Circle Hacker House event, co-presented by Circle and AngelHack. Circle CEO Jeremy Allaire highlighted PUBG’s large user base of 30 million monthly active users. Cosmos’ software development kit will serve as the framework, and network gas…

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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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Hall of Flame – Cointelegraph Magazine

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“I live in Switzerland. I have guns at home. Anybody who shows up at my home with violent intentions risks being literally shot at,” Heaver warns altcoiners who send her death threats online. Speaking to Magazine, Heaver explains that she blames memecoin founders for fueling the fiery users on Crypto Twitter. “I mean, there’s so much responsibility on these community leaders and altcoin leaders. They’re egging on their followers to send threats and intimidate people,” Heaver declares. As a prominent crypto lawyer in Dubai and Switzerland, Heaver has 41,200 followers…

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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. Thailand’s crypto UBI Thailand has a national airdrop in the works under which every citizen 16 years and older receives 10,000 baht ($285). According to local news reports on Aug. 30, Thailand’s ruling Pheu Thai party will consult the Bank of Thailand in developing a “utility type 1” token necessary for the airdrop. The solution will be a Know Your Customer blockchain-based infrastructure that sources say will take at least six months to roll out. A…

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Bitcoin OGs and experts weigh in – Cointelegraph Magazine

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Crypto is a volatile place. Money can be as easily lost as made through the ups and downs of Bitcoin and the wider market, and there are massive decisions to make. Should you just hodl — invest and do nothing — or actively trade the market? How many coins should your portfolio hold? Self-custody or keep your funds on an exchange with pre-determined stop losses? Basically, how do you protect your stack from the million and one things that can go wrong? We asked Bitcoin OGs and experts in the…

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Giant Swan’s gothic VR dreamscapes… royalty nightmare on OpenSea – Cointelegraph Magazine

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From sitting in his car crying before work every morning to becoming a successful digital artist, the story of Australian-based VR painter and sculptor Giant Swan is one of persistence, timing and pushing boundaries.  In a world where a digital artist can now monetize their work through NFTs as opposed to cheap likes and comments on Instagram, Giant Swan stands out from the pack, being the first artist to put a 3D object on-chain and for his truly unique and immersive pieces that have captured the attention of collectors all over…

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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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Get better results being nice to ChatGPT, AI fake child porn debate, Amazon’s AI reviews – Cointelegraph Magazine

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Twitter polls and Reddit forums suggest that around 70% of people find it difficult to be rude to ChatGPT, while around 16% are fine treating the chatbot like an AI slave.The overall feeling seems to be that if you treat an AI that behaves like a human badly, you’ll be more likely to fall into the habit of treating other people badly, too, though one user was hedging his bets against the coming AI bot uprising: “Never know when you might need chatgpt in your corner to defend you against…

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