Author: Donald Munn
Celsius‘ lead investor, BnkToTheFuture, via its co-founder, Simon Dixon, has proposed a rescue plan similar to the one used in 2016 to save the Bitfinex exchange. Celsius Recovery Plan – A Statement From our CEO @SimonDixonTwitt & Bnk To The Future https://t.co/IYvGIw3Dp0 — BnkToTheFuture (@BankToTheFuture) June 19, 2022 At that time, Bitfinex suffered a colossal theft, but eventually managed to save itself and continue operating, so much so that it is now one of the leading exchanges in the crypto world. Dixon himself, in the post describing the solution, included a video from 2017 explaining how Bitfinex was saved back…
Publicis, the French advertising giant has unveiled Leon, an avatar whose task will be to guide users into the new world to which the agency will devote more and more space. Leon, the new Publicis avatar dedicated to the metaverse Leon, the avatar presented by Publicis Groupe The metaverse, which according to recent research by Grayscale is expected to reach a turnover of $800 billion in 2024, seems to be increasingly entering the lives of households and companies. One of the most important advertising giants Publicis has announced that it already has a staff of 1,000 people dedicated to the…
Elton John, the famous British singer, composer and musician, decided to enter the Web 3.0 world by launching his own NFT collection. Proceeds from Elton John’s NFT collection will go to the AIDS Foundation The singer has publicly stated that he is not a leading expert on the metaverse, but that he clearly recognizes the potential of this digital revolution. Elton John was quick to announce that the main objective behind the creation of this collection is to raise new funds for his foundation – the AIDS Foundation. The proceeds from the sales, therefore, will go entirely to the AIDS…
Collector Cozomo de’ Medici (CdM), Snoop Dogg’s account on SuperRare and in general his alias for his NFT adventures, wrote a newsletter in collaboration with the NFT marketplace to give his opinion on the crypto art market trend. CdM compared the collapse of Ethereum and crypto to the comic book bubble of the 1990s, looking for something beyond speculation: the emotional connection between collectors and artworks, even digital ones. Cozomo de’ Medici compares the NFT Art bubble to the 1990s comics bubble Cozomo de’ Medici (or CdM), discovered to be Snoop Dogg, is a special collector, holder of some of…
It is common knowledge nowadays that all big announcements in the crypto world are almost always made on Twitter, avoiding all the formalities of news outlets. This is what happened with Noah Davis, Non-Fungible Token expert who works, or rather used to work, for the famous auction house – Christie’s. The announcement was made yesterday, Sunday 19 June, by Noah himself, who wanted to reassure his followers with a short thread. What does that mean? It means no Punks on lunchboxes or cringe TV shows/shitty movies. It means no arbitrary rushed utility or thoughtless airdrops. It means if you love…
ItaliaNFT, the NFT marketplace of ‘made in Italy’, is auctioning off a new historical work of art from 18 June: the famous ‘immortal kiss’ between Liz Taylor and Richard Burton in Ischia, replicated as a Non-Fungible Token format together with Marcello Geppetti Media Company. ItaliaNFT and the auction of the ‘immortal kiss’ NFT: one of the highest-paid photos ever It was 1962 when Marcello Geppetti surprised and photographed the two actors starring in the film Cleopatra, Elizabeth Taylor and Richard Burton, kissing on the roof of a motorboat in Ischia, signing the worldwide scoop that redefined the concept of passion…
After the criticism of his previous project, 27-year-old American YouTuber Paul Logan launches a new NFT project: 99 Originals. Paul Logan’s new NFT collection: 99 Originals The NFT # 14 “Bored Ape” from the 99 Originals collection The young, British-born American YouTuber Paul Logan, with over 7 million followers, has launched a new NFT project, but the project seems to have received a rather lukewarm reaction from users who are still reeling from the failure of his previous NFTs, first and foremost Crypto Zoo. The project represented a series of hybrid animal NFTs launched in August 2021 that imploded at…
Solend’s DAO, a DeFi protocol on Solana’s blockchain, initiated a vote to block the operations of a large user. Solana DeFi: Solend platform blocks the activities of a whale A very strange day yesterday in the DeFi world. The industry has been in big trouble since the Terra ecosystem imploded, and all eyes are now on Solana, given the technical problems it has had repeatedly in recent months. Solend is an algorithmic and decentralized protocol that issues loans on Solana’s blockchain, with over a billion dollars in deposits. Being decentralized, it is in fact governed by a DAO, where there…
A new in-depth study on Bitcoin led by a consortium of Texan universities was recently published. The report by several Texan universities on Bitcoin The Bitcoin report from Texan universities The report focuses in particular on the early years of Bitcoin, and was published under the title “Cooperation among an anonymous group protected Bitcoin during failures of decentralization” on the website of Aiden Lab, the Centre for Human Genome Architecture at Baylor College of Medicine at Rice University in Houston, Texas. The authors of the study are Alyssa Blackburn, Christoph Huber, Yossi Eliaz, Muhammad S. Shamim, David Weisz, Goutham Seshadri,…
The prices of BTC (Bitcoin) and ETH (Ethereum) have returned to 2020 levels. Will they also return to pre-pandemic levels? The fear that Bitcoin and Ethereum may return to pre-pandemic levels The current price of BTC is more or less at the levels of mid-December 2020, when it made new all-time highs above $20,000. Actually, it had already been at those levels three years earlier, in mid-December 2017, when the second post-halving speculative bubble occurred. However, after the bursting of that bubble, not only did the price not return to $20,000 during 2018 and 2019, but it also struggled enormously…