One of the largest rating agencies in the U.S., Fitch Ratings, has downgraded El Salvador’s long-term default rating deeper into junk status, citing risks from adopting bitcoin as legal tender as a key reason. “The […]
“NFTs can be a wrapper for any data, regardless of whether the data points at your [Cryptopunk] profile picture or your usage record on Facebook” – Ryan Selkis, Messari (@twobitidiot)Data is a resource that can […]
The European Union is set to propose a digital euro bill in early 2023, as reported by Politico. A public consultation focusing on the uses of a digital euro will also be launched next month. […]
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Developers from the Ethereum Layer 2 scaling project Optimism announced that a “critical bug” had been identified and subsequently patched earlier this month. The bug, which could have enabled hackers to create as much ‘ETH’ […]
Shiba Inu (SHIB) is now the 13th-largest cryptocurrency with its market valuation sitting near $18 billion, right behind its rival meme-cryptocurrency Dogecoin (DOGE), worth roughly $20 billion. But despite falling behind in ranks, SHIB’s price has […]
Creating a token requires deploying a smart contract which is simplified with modern platforms that enable users to fill in details of their proposed token without coding or technical knowledge. Traditionally, creating a token would […]
The decentralized finance (defi) lending platform Aave has revealed the launch of a Web3 social media platform called the Lens Protocol. According to the team, Lens is a “Web3, smart contracts-based social graph” that is […]
Decentralized autonomous organizations come in all shapes, sizes, and tastes. Speaking of tastes, FriesDAO announced today that Kory Spiroff, a former vice president of Domino’s Pizza, has joined the group as an advisor. Launched in […]
As the market capitalization of the stablecoin tether nears $80 billion, with its current $77.9 billion valuation, data from onchain researchers at Santiment indicates that tether addresses valued at $1 million own more than 80% […]
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