The long-awaited systemwide upgrade will, experts say, reduce the blockchain's energy consumption by about 99% by switching its transaction verification system away from "proof-of-work."
Jumping into a flatpacked, chipboard room wasn’t my usual experience of the U.K.’s legendary Glastonbury Music Festival. But here I was, doing my best to dance around and test out this crazy n
Ever since a group of chronically online crypto enthusiasts tried to buy a copy of the U.S. Constitution in a high-profile bidding war, DAOs (decentralized autonomous organizations) have been at the f
These are turbulent times for both crypto investors and projects alike. Over the past several months, Bitcoin and Ethereum have seen substantial declines in their token prices. But investors have give
Roblox has picked up a key hire to help grow its ecosystem of user-generated content for the metaverse. Nick Tornow is joining the company as VP of Engineering for its developer team, leaving his form
Crypto-savvy developers are in short supply these days. Blockchain startups and protocols are fighting to onboard and train more engineers — an even tougher undertaking in a world where developi
Web3 startups’ cap tables can look quite different from traditional ones. In addition to issuing equity as a form of incentive alignment for employees, as a typical startup would, crypto compani
Vietnamese gaming studio Sky Mavis announced that it has raised $150 million in funding led by crypto exchange Binance to help reimburse users who lost funds during a ~$625 million hack of its play-to
Crypto gaming giant Axie Infinity, which raised last year at a $3 billion valuation from a16z, was already having a catastrophic week. It just didn’t know about it until this morning. The popula
Whether you’re already a conquering whale, about to dip your toes into a stablecoin pool or merely crypto-curious, DeFi and the Future of Programmable Money is the place to be on March 30, 2022. Dur
Despite producing global hits like “Squid Game” in 2021, Netflix’s fourth quarter returns show the streaming giant struggling to maintain a lead over its competitors. The company fel
NFT marketplace OpenSea is putting some of its freshly raised funds to good use, buying up crypto wallet startup Dharma Labs, the company announced today. The announcement follows a report earlier thi
Yes, money makes the world go around, but touch-and-feel currency controlled by banks is so 2008. Cryptocurrency aims to be the decentralized future of finance, and that’s why we’re excited to ann
The creator of one of the earliest and most enduringly iconic virtual worlds is returning to his roots. Second Life’s founder Philip Rosedale will rejoin the company he founded in 1999 as a stra
If you’ve visited a crypto company’s website recently, you’ve probably visited a URL ending in “.xyz” instead of its cheugier counterpart, .com. From fintech Block, formerly known as Squ
As crazy as the NFT market has become, there’s been an increasing range of other things to do with NFTs other than pimp images of apes and punks — even if they have become enormously valuable.
After months of NFT mania and Facebook’s recent name change to Meta, it’s fair to say that “metaverse” chatter has reached a fever pitch. And while crypto investors are buying
It’s no secret that NFTs have been a hot space for crypto speculators in the Ethereum ecosystem to diversify their holdings, and while some see a golden opportunity to shill bad art to suckers,
While investors continue to question whether crypto will swallow up more traditional VC opportunities down the road, it certainly appears that today the blockchain space is eating up the attention of
Decentralized autonomous organizations, or DAOs, are all the rage at the moment. We’re seeing explosive growth in this sector as people experiment with building companies on top of tokens and smart
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