cryptocurrency
Seth Green Pleads for Return of Stolen Bored Ape NFT So It Can Star in His New TV Show
Seth Green fell for a phishing scam earlier this month, losing four NFTs including Fred Simian, an image from the Bored Ape Yacht Club series. The actor is desperately trying to get it back, not just because it was subsequently sold for over $200,000, but because he had cast dear old Fred in his new sitcom Whitehorse Tavern. Since someone else has the ape, Green no longer owns its commercial rights, and the series cannot move forward. Via Buzzfeed News and Motherboard, the theft took place on May 8th after Green unknowingly visited a phishing site. Besides the Bored Ape, he also lost two NFTs from the Mutant Apes series as well as a Doodle. As for Fred, this cigarette-smoking, skeleton-T wearing image was transferred to a virtual wallet called C8A090, which then sold the simian to an entit...
PLC Ultima, the new cryptocurrency that overtook bitcoin: Is it worth investing now, or is it too late?
In 2021, Bitcoin rose to its highest-ever price level, doing so amid a mega bull rally for the cryptocurrency market. The same year, a new coin hit the market and literally went on to overtake bitcoin. PLC Ultima (PLCU) is that cryptocurrency. It was launched at the end of December 2021, with PLCU’s value rising from $0.10 to $100,000 within six months. The coin’s value soared to highs of $116,000. Today, the price of PLCU is almost double that of Bitcoin. Now the big question: Is it still possible to earn on PLCU? Briefly below, we highlight some of the growth factors behind this project’s meteoric market performance. Infrastructure as a critical driver of cryptocurrency growth: how Alex Reinhardt created PLCU Coin Who created PLC Ultima? The creator of PLC Ultima is Alex Reinhardt, a ser...
Interview: Aave CEO on launch decentralised social network platform, Lens Protocol
Aave Companies has today announced the launch of an open-source tech stack for the building of social networking applications. Named the Lens Protocol, it will reside on the Polygon blockchain and allow developers to build social media apps, marketplaces, recommendation algorithms, and more. Contained within the decentralised ecosystem that we call Web3, it will leverage NFT technology to allow users to fully own their data, unlocking new ways for creators to monitise their digital content and relationships with followers. Amid all the controversy around freedom of speech and Elon Musk’s takeover of Twitter, it’s a poignant time to be launching this new kind of social media endevour, and turn the keys of censorship over to the public. To gain more of an insight, Coi...
Why decentralized messaging apps will replace today’s social media platforms
The Russian government has cracked down on foreign social media platforms such as Instagram, Facebook and Twitter, banning them for extremist activists. For protestors, activists and local civilians, these actions have resulted in a significant barrier to communication with the outside world. Furthermore, they have also raised the question of just how easy of a target these apps are for state authorities. With citizens unable to access these platforms, they have little choice but to flee to the next-best still active platforms. However, it isn’t just Russian activists who have taken to alternatives. Consider, for example, Telegram, a cloud-based instant messaging service that has quickly become a place for sharing war footage and other content that may have otherwise been blocked on ...
Utopia Against Censorship: Rescue Pill for Freedom Seekers
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Interview: Computecoin raises $6.2M to power Web3 infrastructure
ComputeCoin have annouced that the company has secured $6.2 million in strategic funds, led by Aves Lair. The network provides decentralised infrastructure for Web3. This is interesting because despite decentralisation being one of the core aspects of Web3, the reality is that a lot of Web3 applications are still deployed on Web 2.0 infrastructure. This creates central points of failure, as well as being converse to one of the mantras of Web3. AWS is an example of one such company that drives a huge amount of the Web3 network. With ComputeCoin, who only came together in 2018, aiming to “make global, distributed computing and storage power widely available for all Web3 builders to easily use”, we sat down with Dr Max Li, the Co-Founder and CEO, to get some answers to questions w...
Silence from Do Kwon says it all amid UST crisis
Do Kwon is the founder of Terra and the face of the ecosystem. He is also extremely active on Twitter, frequently discussing Luna, UST and the merits of the algorithmic peg. Tone Well, I say discussing, but it’s normally far from a discussion. He often takes a very aggressive line with accounts enquiring about the sustainability of the peg, the long-term viability of Anchor and many other (valid) questions about the experiment that is UST. 6/ On depeg risk – I’ve grown quite tired of arguing with idiots on Twitter on whether UST can remain stable in bear. So soon I will propose creating multi billion dollar reserves in decentralized assets (BTC and others) in an attempt to save myself time. More to follow. — Do Kwon 🌕 (@stablekwon) November 20, 2021 Yesterday, his UST stablec...
Crypto.com community in uproar over slashed rewards
About time there was a bit of controversy in the cryptocurrency world, huh? Crypto.com, the industry behemoth that boasts over ten million users and four thousand employees, has found itself at the centre of a storm of criticism this week, as it decided to slash the rewards on its popular VISA cards. The blog post dropped Sunday evening and immediately caused uproar. What is Happening? Card rewards were cut down pretty drastically. Lower tiered users (Midnight Blue and Ruby Steel) get 0%, while the next ones up recoup only 0.5%. Even the top tier (Obsidian) were cut to just 2%. There will also be a monthly cap on awards to lower tiers at $25 to $50. Oh, it gets worse. Staking awards were also reigned in. Once the 180-day period for all those who staked before the announcement ...
The Flippening: Ethereum Has Overtaken Bitcoin in 26% of Countries Worldwide
26% of nations have more Ethereum investors than Bitcoin, including USA Argentinians are the biggest Bitcoin maxis, with 73% of cryptocurrency investors holding the coin, as inflation skyrockets in the country Meme mania is highest in the USA, with more American Dogecoin investors than any other country Japan is the most bullish on Solana dethroning Ethereum as the King of DeFi Intro Once upon a time, Bitcoin was the world’s only cryptocurrency. The industry has come a long way since, however, and today we have over 18,000 cryptocurrencies serving a variety of use cases. Some have aimed to compete with Bitcoin, while others have almost nothing in common with it. We have meme-coins, such as Dogecoin and Shiba, which have taken the world by storm. We have the burgeoning industry of DeF...
Ethereum “Flippening” debate to resurface post-Merge?
Once upon a time in crypto-land, the word “Flippening” was brandished about daily. The term is slang for the much-discussed possibility of Ethereum “flipping” Bitcoin’s market cap, and hence becoming the world’s biggest cryptocurrency. But recently, there has not been as much talk about a new King, as the below Google Trend data for the search term “Flippening” shows. Regarding the price action, 1 ETH is now worth 0.06 BTC, having been close to 0.09 BTC before Christmas. As has become customary in the crypto markets, Bitcoin has held up better than its smaller counterparts, as the entire market has wobbled in 2022. However, the scale of ETH’s decline, denominated in Bitcoin, is indeed surprising, and steeper than we had seen for most of the pandemic bull run. Bitcoin Strength However...
Which African Country Will Adopt Bitcoin as Legal Tender Next?
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Dogecoin Jesus? Roger Ver resurfaces on Twitter, backs DOGE over BTC
Roger Ver, an early investor and ardent promoter of Bitcoin (BTC) which earned him the moniker “Bitcoin Jesus” has resurfaced on Twitter after a year and backed Dogecoin (DOGE) in an interview, preferring it for payments over the world’s first crypto. In an interview with Bloomberg, the Bitcoin.com founder said how he was a fan of the memecoin due to its fast transaction times and low fees: “Dogecoin is significantly better, it’s cheaper and more reliable [than Bitcoin]. If I had to pick three contenders for the world’s dominant cryptocurrency, they would be Doge, Litecoin and Bitcoin Cash.” Ver also took time in the interview to voice his support for honorary Dogecoin CEO Elon Musk’s Twitter takeover. “It’ll certainly make Twitter more attractive,” said Ver. “I am really, really grateful ...
