Crypto Biz: A peek into BlockFi’s secret financials (it’s not pretty)
    28 Jan 2023
    300 Views

    How much exposure does BlockFi have to Sam Bankman-Fried failed enterprises? A lot, according to accidentally leaked financials. Crypto lender BlockFi has had a highly tumultuous 12 months. After getting caught up in the Terra fiasco, which resulted in one of the most prolific asset death spirals of all time, the company managed to avoid bankruptcy after receiving…

    Creating self-sovereignty in the creator economy and Web3 — Is there room for both?
    28 Jan 2023
    290 Views

    NFT Steez sits down with Web3 advocate Julie Plavnik to discuss the concepts of self-sovereignty and digital identity in Web3-based creator economies. On this week’s episode of NFT Steez, hosts Alyssa Exposito and Ray Salmond meet with Web3 content writer Julie Plavnik to discuss the importance of self-sovereignty while building a digital identity in Web3. Plavnik…

    Total crypto market cap rises above $1T, and data suggests more upside is in store
    28 Jan 2023
    321 Views

    Bad news continues to dominate crypto media headlines but Bitcoin and the wider market appear to not care. Despite the recent negative crypto and macroeconomic newsflow, the total cryptocurrency market capitalization broke above $1 trillion on Jan. 21. An encouraging sign is that derivatives metrics are not showing increased demand from bearish traders at the…

    Keep an eye out for major company NFT trademark filings this year
    27 Jan 2023
    282 Views

    NFT trademark filings by companies aren’t just a marketing stunt. According to a trademark lawyer, they have to use what’s in the application. Crypto proponents would be wise to keep their eyes on nonfungible token (NFT) and metaverse trademark applications this year, which are “reliable signals” of future-use plans. Speaking to Cointelegraph, intellectual property lawyer…

    US Senator Ted Cruz pushes for crypto in Congress … using snacks
    27 Jan 2023
    325 Views

    A newly introduced resolution could potentially see lawmakers buying sodas and chips using crypto-supporting vending machines. Texas Republican Senator Ted Cruz is pushing the United States Congress to adopt cryptocurrency within its halls using an incentive both sides might agree on — food. Cruz introduced a concurrent resolution dated Jan. 25 that would only allow vending machine and food…

    Venture capital investments into blockchain continue to free-fall: Report
    27 Jan 2023
    270 Views

    Q4 2022 saw investment capital inflows of $2.3 billion, continuing the trend since April sparked by the collapse of Terra and subsequent fallout. Cointelegraph Research has analyzed all the deals and trends from venture capital in the blockchain industry during the fourth quarter of 2022. The second half of 2022 saw a dramatic decline in…