The DAO will offer refunds and an option for contributors to remain in the DAO for future projects.
Category Archives: Business
Volcano-Powered ‘Bitcoin City’ Coming to El Salvador, Says President Bukele
The initial development costs will be covered by Bitcoin-backed bonds, which may be issued in less than two months.
Crypto Could Undermine the Dollar and Destabilize Nations: Hillary Clinton
Former presidential candidate Hillary Clinton has said that crypto has the potential to undermine the U.S. Dollar.
Bitcoin Exchange Gemini Confirms $400M Raise at $7.1 Billion Valuation
The Winklevoss-led exchange took in $400 million in a “growth equity round.”
Alchemy Launches API for NFTs in Push to Accelerate Web 3
Alchemy believes NFTs will be a core element of Web 3 but that deploying is a challenge for developers.
Canadian Police Make Arrest in $36M Crypto Heist
The investigation involved the Hamilton Police in Canada, as well as the FBI and the United States Secret Service.
Crypto.com Pays Reported $700 Million for Naming Rights to Lakers, Clippers Arena
FTX, Coinbase, and Crypto.com have been jockeying for sports’ fans attention.
Ethereum-Based Holdings Among Institutions Up 19% in Q3: SEC Filings
Institutional interest in the Grayscale Ethereum Trust continued to grow in Q3, according to new SEC filings from large firms. Meanwhile, Grayscale Bitcoin Trust holdings were down slightly.
Do You ‘Like’ My Portfolio? Coinbase Adds Social Media Buttons
Coinbase announced new social media features on Thursday that will allow users to share images of price charts or their portfolios on platforms like Twitter and Instagram. In a blog post describing the features, Coinbase touted its new one-click sharing tools as an entertaining way to educate others about crypto. “We want to help self-empower …
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This Week on Crypto Twitter: Discord Backs Out of Crypto while Twitter Wades In
Illustration by Mitchell Preffer for Decrypt This week on crypto Twitter: Jimmy Fallon joined the Bored Ape Yacht Club NFT craze, Discord CEO Jason Citron hinted that the messaging platform will integrate with crypto, then backtracked a few days later, AMC CEO Adam Aron flaunted the success of AMC’s new crypto payments options, and many …
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Trading Volume on OpenSea Doubles as Bored Ape Yacht Club Sales Spike 900%
Yesterday, the amount of Ethereum traded daily on NFT marketplace OpenSea jumped from around $48 million to $105 million, according to Dune Analytics. The last time that the daily volume of Ethereum on OpenSea hit $100 million was on October 15. Back then, it was more of a regular occurrence. Things cooled off for a …
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