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0 CommentsAfter the collapse of FTX, Web3 VCs say they believe in decentralized tech as much as ever. What the hell else can they say? – Ben Munster writes on Decrypt. Given the contagion and chaos we have witnessed since Sam Bankman-Fried’s crypto exchange FTX had a sudden multibillion-dollar coronary, you may be tempted to conclude…
Polygon founder Mihailo Bjelic makes the case for zero knowledge technology. In 2015, the Ethereum protocol proposed a vision for a decentralized world computer capable of rearchitecting a free and open internet – removed from the whims and constraints of centralized entities. While Ethereum has become the foundation for Web3 as we know it, its…
Amid a massive downturn in the crypto market, stablecoin usage and adoption are still increasing. Stablecoin settlement reached $8 trillion in 2022, rivaling Visa with $12 trillion. According to CoinMetrics, the total value settled by them in 2021 was just over $6 trillion. In 2022, the value settled could top $8 trillion. Peter Johnson, co-head…
Monthly sales on metaverse platforms have fallen 96% in 2022, The Block’s new report revealed. The Sandbox reclaimed its market dominance among metaverse platforms, while Decentraland finished the year with the most valued metaverse land parcels. According to The Block Research’s 2023 Digital Asset Outlook report, Metaverse platforms brought in $49.2 million in monthly trading…
Andreessen Horowitz (a16z) just released an omnibus list of “big ideas” tech builders may tackle in the year ahead, according to various a16z domain partners spotlighting a big idea that startups in their fields may tackle in 2023. The list spans everything from consumer tech and games to enterprise and AI to fintech and of…
Revelations that Bankman-Fried secretly funded crypto news publisher The Block deepened mistrust of the crypto industry, notes Christopher Robbins on CoinDesk. The law is catching up with Sam Bankman-Fried (SBF), co-founder and former CEO of collapsed crypto exchange FTX. The whole situation has led to a loss of trust in the cryptocurrency industry, which needs…
