5-times-crypto-appeared-in-pop-culture-in-2023

    From balloons in a Thanksgiving Day parade to an entire episode of Futurama — even after a crypto market downturn, digital assets made their way into different parts of pop culture. Society is past when even mentioning Bitcoin or Ethereum on a streaming series would make the news. Still, it’s good to look back on

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    bitcoin-and-the-downslope-of-network-effects

    With the rise of Bitcoin’s network effects comes the equivalent demise in legacy finance’s network effects.Bitcoin’s price and ecosystem benefit from network effects.As more users join, demand pressure increases the price of bitcoin, which in turn attracts more buyers in a self-reinforcing cycle. Similarly, user growth creates a larger market with more liquidity, incentivizing businesses…

    billionaire-ray-dalio-discusses-future-of-money,-insists-some-governments-will-ban-crypto

    Billionaire Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, has shared his view on cryptocurrency investing and the future of money. He believes that crypto will be banned by different governments. Ray Dalio on the Future of Money and Crypto Bridgewater Associates founder Ray Dalio discussed cryptocurrency regulation and the future…

    ethereum-eyes-$3.5k-as-eth-price-reclaims-pandemic-era-support-with-40%-rebound

    Ethereum price is back above its 50-week exponential moving average, a credible support level from the 2020-2021 market boom. Ethereum’s native token Ether (ETH) looks poised to hit $3,500 in the coming sessions as it reclaimed a historically strong support level on Feb. 5.Ethereum price back above key trendlineETH price rising above its 50-week exponential…

    a16z-backed-truefi-launches-defi-lending-market-for-asset-managers

    Ali Yahya, a general partner at Andreessen Horowitz, told Cointelegraph that TrueFi will “bring the unique advantages of DeFi to a wider and global user base.” Stablecoin operator TrustToken has launched a new lending marketplace that allows asset managers to create their own decentralized finance products, potentially opening the door to wider mainstream adoption of…

    microstrategy-buys-the-dip-by-purchasing-660-bitcoin-for-$25m

    MicroStrategy bought significantly less BTC in January than in previous months, according to official data. Major Bitcoin (BTC) investor ​​MicroStrategy has announced another major BTC purchase during a market dip to collect a total of 125,051 BTC as of Monday.According to an official form with the United States Securities and Exchange Commission (SEC) filed on…

    china-pilots-nationwide-blockchain-development-over-real-world-use-cases

    Some of the key areas of blockchain development include manufacturing, energy, government data sharing and services, law enforcement, taxation, criminal trials, inspection, and cross-border finance. The Cyberspace Administration of China (CAC) announced the commencement of an in-house effort to expedite blockchain development and innovation across 15 zones and 164 entities. The initiative aims for the large-scale…

    multichain-dapp-protocol-astar-raises-$22m-in-latest-round-led-by-polychain

    Funds will be used for hiring industry-leading engineers to implement both EVM and WASM and to invest and nurture Astar native ecosystem projects. Astar, a multichain DApp protocol formerly known as Plasm, has raised $22 million in its latest strategic fundraise.The funding round was led by Polychain and saw participation from the likes of Alameda…

    turkish-president-orders-ruling-party-to-organize-metaverse-forum

    Turkish officials have recently identified the metaverse as a priority area for policy development. Turkish President Recep Tayyip Erdoğan and ruling Ak Party officials met earlier this week to discuss the metaverse, with the president calling for comprehensive research on the subject.Erdoğan has reportedly urged the Ak Party to study the metaverse, cryptocurrencies, and how…

    nft-marketplace-bug-undervalues-tokens,-helps-exploiter-nab-$750,000

    The NFT marketplace bug was reportedly discovered on Dec. 31, which showed transferred NFTs as listed on OpenSea. A bug in the front end of popular nonfungible token (NFT) marketplace OpenSea has reportedly led to an exploit allowing users to buy popular NFTs at their previous listing price.The bug seems to be prevalent with Bored…

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