Why ‘Universal Basic Compute’ Is a Solution to Economic Inequality
And how DePIN networks could make it possible, according to Mark Rydon, Co-Founder of Aethir.Source
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Entries by GRYZUoDLu7t8z22
Bitcoin Could Drop 20% After Fed Rate Cuts in Bearish Case, but Weak September Presents Buying Opportunity: Analysts
Bitcoin could fall to as low as somewhere in the $40,000-$50,000 range following a September Fed rate cut in a bearish scenario, Bitfinex said in a report.Source
Why the SEC Is Wrong About NFTs
The SEC’s Wells notice against OpenSea showed once again how regulators are overreaching in interpreting the law, says Edward Lee, a professor at Santa Clara University School of Law, and the author of “Creators Take Control.”Source
Institutional DeFi Needs a BUIDL Moment
The lack of institutional adoption in DeFi is mostly due to capability limitations, not just regulatory uncertainty, says Jesus Rodriguez, CEO, IntoTheBlock.Source
Crypto Tuesday Crumble Sends Bitcoin Below $58K, Ether to 7-Month Low
Flattish markets turned decidedly negative as U.S. stocks posted sharp losses following the three-day weekend.Source
Facing Up to Crypto’s Gen Z Stigma
Students should be among the earliest adopters of Web3, but they’re currently not using the technology, says Benjamin Sturisky, research analyst at Delphi Digital and president of Gator Blockchain.Source
Matter Labs Restructures to Meet Changing Demands, Lays Off 16% of Team
The company made the move to adapt to “the different type of technology and support” that developers building on ZKsync now require.Source
CoinDesk 20 Performance Update: DOT and HBAR Outperform as Index Rises 0.9%
Polkadot gained 2.6% while Hedera rose 2.4%, helping push the index higher.Source
BitGo CEO Says Wrapped Bitcoin’s Critics Aren’t Being ‘Intellectually Honest’ About Their Concerns
The loudest critics of BitGo’s deal with Justin Sun-affiliated BiT Global also want to see their ‘number go up.’Source
First Mover Americas: Bitcoin Gain Checked by Hints of Further BOJ Rate Rises
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 3, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source