BLOCKCHAIN

Comic-Con guru explains why storytelling is the key component for successful NFT projects

[ad_1] In the most recent episode, Comic-Con legend, Gareb Shamus discusses how he has used storytelling to build engagement and a “maker world” that grows and strengthens communities. What started off as a newsletter about comics, founder Gareb Shamus’ passion project, ultimately became known to the world as a magazine titled Wizard. According to Shamus, Wizard  was the outlet in which he could “create a voice” and share with his
BLOCKCHAIN

Despite ‘worst bear market ever,’ Bitcoin has become more resilient, Glassnode analyst says

[ad_1] While the current bear market may be the worst on record, on-chain metrics signal that the Bitcoin (BTC) network is becoming increasingly resilient, said Glassnode analyst James Check during a recent interview with Cointelegraph. In particular, Check refers to the amount of Bitcoin holders who don’t sell even in extreme market conditions, which has become much higher than in previous bear markets. “Cycle after cycle, that floor of hodlers is higher,
Business

Bitcoin risks new lows as $20K looms amid dollar euro parity

[ad_1] Bitcoin (BTC) headed for $20,000 after the July 11 Wall Street open amid fresh warnings to “prepare for new lows.”BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$20,300 eyed as next support zone to holdData from Cointelegraph Markets Pro and TradingView showed BTC/USD failing to recover losses that had immediately followed the weekly close at $20,850. The pair had nonetheless locked in its best week’s gains since March, these nonetheless apt
Business

G20 regulator to present global crypto rules in October 2022

[ad_1] The Financial Stability Board (FSB), a global financial regulator including all G20 countries, is preparing to propose international regulations for cryptocurrencies and stablecoins in October.The FSB on July 11 issued a statement on the international regulation and supervision of crypto asset activities, announcing a major crypto regulation effort.The watchdog is planning to report to the G20 finance minister and central bank governors in October 2022 on regulatory and supervisory
ALTCOIN

3 reasons why Solana can repeat Ethereum’s 2018 fractal to 5,000% gains

[ad_1] Solana (SOL) still has room to fall in the near term, but SOL/USD can rally 5,000% if it follows in the footsteps of its top rival Ethereum. That Ethereum 2018 fractalSOL risks dropping to $15 on anticipations it would behave like Ethereum during the market crash in 2018.Notably, Ethereum's native token Ether (ETH) price fell to nearly $79 in December 2018 after undergoing a 95% correction earlier that year from
Business

Major South Korean telecom company plans launch of blockchain wallet for crypto and NFTs

[ad_1] South Korean telecommunications giant SK Telecom has signed a joint agreement with other blockchain firms aimed at developing a digital wallet that can support cryptocurrencies, nonfungible tokens and digital credentials.In a Monday announcement, SK Telecom said its blockchain arm would be collaborating with AhnLab Blockchain Company and Atomix Lab to develop and operate a Web3 wallet. According to the firm, it will be using Soulbound Tokens, or SBTs, to
Business

KPMG to audit new pound-backed stablecoin GBPT

[ad_1] Fintech firm blackfridge has launched a new stablecoin that is fully backed by the British pound (GBP), potentially opening the door to wider adoption of digital assets in the United Kingdom and its Crown Dependencies. The newly launched “poundtoken,” which trades under the ticker “GBPT,” will be available for trading on Gate.io, Bittrex Global and Unisawp, blackfridge announced Monday. GBPT is said to be fully backed by the British pound,
BLOCKCHAIN

US crypto regulation bill aims to bring greater clarity to DAOs

[ad_1] On June 7, United States Senators Cynthia Lummis and Kirsten Gillibrand launched the much anticipated Responsible Financial Innovation Act, proposing a comprehensive set of regulations that address some of the biggest questions facing the digital assets sector. By providing holistic guidance to the rapidly growing industry, the bill offers a bipartisan response to President Biden’s call for a whole-of-government approach to regulating crypto.Among its many proposals, the bill establishes
Business

Will it silence critics, mollify investors?

[ad_1] There is an old Arabic proverb: “The dogs bark, but the caravan moves on.” It could summarize the journey to date of Tether (USDT), the world’s largest stablecoin. Tether has been embroiled in legal and financial wrangling through much of its short history. There have been lawsuits over alleged market manipulation, charges by the New York State attorney general that Tether lied about its reserves — costing the firm $18.5
BLOCKCHAIN

PoS gives Ethereum the economic structure to overtake Bitcoin, says DeFi researcher

[ad_1] As Ethereum shifts into proof-of-stake (PoS), a decentralized finance (DeFi) researcher has argued that the platform can overtake Bitcoin's (BTC) throne as the top dog in crypto. In a Twitter thread, researcher Vivek Raman highlighted that the upcoming Ethereum Merge could create a better economic structure for the smart contract platform. According to Raman, the shift into PoS lowers Ether (ETH) inflation, gives better security and positions the crypto as a