Blockchain takes the stage at Longevity+DeSci summit in New York
    23 Aug 2023
    2,384 Views

    This year’s Longevity+DeSci Summit in New York City showcased several decentralized solutions. Those seeking to slow the progress of time spent a few days immersed in that possibility from Aug. 10–11 at the Capitale conference hall in downtown New York City. There, the sixth-annual Longevity+DeSci summit convened for its third in-person event — sequestered to…

    Coinbase takes equity stake in Circle as Centre Consortium shuts down
    22 Aug 2023
    487 Views

    Coinbase and Circle have redefined their relationship, according to identical announcements on the Coinbase and Circle blogs on Aug. 21. The two organizations jointly launched the USD Coin stablecoin and have, until now, governed the token through the Centre Consortium. The Centre Consortium “will no longer exist as a stand-alone entity,” the blog past said, and governance and operations…

    Dwindling optimism for Bitcoin ETF approval to blame as weekly crypto outflows hit $55M
    22 Aug 2023
    2,525 Views

    Digital asset investment products saw $55 million in outflows for the week of Sept. 13, according to a report from CoinShares. Optimism surrounding what was previously thought to be the impending approval of a spot-based Bitcoin exchange-traded fund (ETF) has begun to give way as $42 million worth of the week’s outflows came from BTC…

    How is a centralized exchange pioneering the move toward decentralization? – Q&A with Phemex
    22 Aug 2023
    2,503 Views

    Centralized and decentralized solutions could come together in one exchange, creating a fusion that can redefine finance. In the rapidly changing cryptocurrency landscape, the convergence of centralized exchanges (CEX) and decentralized exchanges (DEX) is emerging as a step toward a more inclusive and efficient financial ecosystem. This integration represents a profound shift that bridges the strengths of both worlds, combining…

    China proposes to bring its social credit system to the metaverse: Report
    21 Aug 2023
    447 Views

    Proposals to a United Nations group reportedly show China wants digital IDs and real-world punishments for actions that occur in the Metaverse. China is reportedly looking to implement a system akin to its social credit system, but in the Metaverse and other online virtual worlds. Proposals viewed by POLITICO and reported on Aug. 20 show the state-owned…

    Friend.tech generates over $1M fees in 24h, surpassing Uniswap, Bitcoin networks
    21 Aug 2023
    2,519 Views

    Launched in beta on Aug. 11, the platform allows users to tokenize their social network by buying and selling “shares” of their connections. Friend.tech, a recently released decentralized social (DeSo) network, generated over $1 million in fees in 24 hours on Aug. 19, outperforming established players in the crypto ecosystem, including Uniswap and the Bitcoin network. The…