Author: CryptoHoppers
Recently, Worldcoin has been the talk of the crypto town, fueled mainly by its connection to the success of ChatGPT. This new crypto project, led by Sam Altman, the co-founder of OpenAI, is turning heads in the crypto market. Just like ChatGPT made waves in its field, many investors and market analysts predict that Worldcoin could do the same in the crypto market. In light of this, investors are still deciding whether to place bullish bets on WLD’s price or wait for a potential price dip due to the current market unpredictability.Worldcoin Raises Concerns As Regulators ScrutinizeWorldcoin (WLD), a project…
The crypto market has witnessed the meteoric rise of two intriguing categories, meme coins and, shit coins. These terms often generate curiosity and confusion among users and enthusiasts alike. Join the conversation as we explore the unique characteristics of these digital assets, highlight their differences, and shed light on the diverse landscape they inhabit.Meme CoinsInternet Culture in Token form meme coins have gained significant attention for their association with internet culture. These coins often feature catchy names, iconic symbols, and enjoy a dedicated fan base. One notable example is Dogecoin, which began as a lighthearted meme featuring a Shiba Inu…
Top Stories This Week Crypto bills pass congressional committee in ‘huge win’ for US crypto A key United States House panel has approved a pair of bills that could finally deliver some regulatory clarity to crypto firms in the country. On July 26, lawmakers voted in favor of the Financial Innovation and Technology for the 21st Century Act, which establishes rules for crypto firms on when to register with either the Commodity Futures Trading Commission or the Securities and Exchange Commission. The panel also approved the Blockchain Regulatory Certainty Act, which sets out guidelines that remove hurdles and requirements for…
The European Union (EU) is making significant progress in the reform of its banking regulations, with a particular focus on bitcoin (BTC) and cryptocurrencies. The EU is now mandating that banks publicly disclose their holdings of crypto assets. This move aims to address the potential risks associated with these assets. Related reading: Ethereum Network Fees Experience Significant Growth In 2023 Q2, Here’s Why Mandatory Disclosure Of Cryptocurrency Holdings For European Banks During a meeting among the negotiators of the European Parliament, the Commission, and the Council of the European Union, it was agreed that banks would be obligated to disclose…
EU legislators have finalized the Data Act despite protests from the blockchain industry about smart contract kill-switch. Source link
Phaver is taking the best parts of social media, and making them work in the global Web3 ecosystem. As one of the most powerful forces in the Web2 era, social media grew into a monster. Mega tech companies took over the space, and put profits in front of everything else.People’s rights to their data were nonexistent, and personal data was abused to make big money for a few huge companies. Phaver is well aware of this problem, and its platform allows people to use social media in a very new environment.Key Takeaways:Phaver is a Web3-native social media platform that prioritizes…
The digital art world is buzzing with excitement as Mike Winkelmann, aka Beeple, unveils his groundbreaking sculpture, Human One, at the prestigious Crystal Bridges Museum in Bentonville, Arkansas. According to Art News, this marks the first time the awe-inspiring piece is gracing American shores since its staggering $29 million sale at Christie’s in 2021. This is a watershed moment, marking the recognition and integration of innovative digital art in a major U.S. institution – Pablo Originally acquired by Swiss venture capitalist Ryan Zurrer, Human One has been on a globetrotting journey, captivating art enthusiasts from Italy to Hong Kong. Now,…
The race to launch a spot bitcoin exchange-traded fund (ETF) in the United States is heating up, with two issuers submitting new filings to the Securities and Exchange Commission for products tied to the cryptocurrency. Asset management firm WisdomTree submitted a filing for the WisdomTree Bitcoin Trust late on Tuesday for a fund that would trade on Cboe. $1.4 trillion asset manager Invesco also submitted an application for its own spot bitcoin ETF, dubbed the Invesco Galaxy Bitcoin ETF. Both firms have attempted to launch a bitcoin ETF in the past — previously having their efforts squashed by the SEC. …
Uniswap V4 offered a ray of hope for users as far as fees are concerned. UNI still heavily discounted despite the recent price spike. High transaction costs are among the biggest challenges that many top DeFi platform users face. Uniswap’s latest upgrade dubbed Uniswap V4 takes such challenges into account. Read about Uniswap (UNI) price prediction for 2023/2024 Uniswap founder has stated that deploying a liquidity pool will be up to 99% cheaper thanks to Uniswap V4’s singleton design. This was one of the main benefits of this new iteration, which may make the DeFi protocol more attractive. The news…
Soil is a blockchain-based lending protocol that is built to bring traditional finance into the crypto world and reshape corporate debt and fixed-income investments.To do that, it is designed as a debt marketplace where established companies can obtain financing, and crypto investors can lend their stablecoins to earn yield derived from Real World Assets that exist off-chain.The platform will take a percentage of the interest paid by borrowers to lenders and fees earned from facilitating their connection.At the end of 2021, a range of events exposed the threats and risks of decentralized finance that also undermine trust in DeFi platforms.Although…