DeFi
Partnerships
Cardano won’t be a part of bringing democratized broadband internet to millions of Africans after all
The blockchain-based platform 3air leaves Cardano to build its internet connectivity platform on the Ethereum based Layer 2 multichain SKALE.
Regulation
If Russia regulates the market, Moscow could pocket $13 billion in crypto tax each year
The Russian government has a strong incentive for regulating the crypto market, as authorities estimate collecting up to 1 trillion rubles in taxes each year.
Investments
The largest independent digital investment advisor in the US enters the crypto space
Betterment will enable its customers to invest in expert-built, diversified crypto portfolios.
People
Texas senator Ted Cruz bought the last Bitcoin dip
At the time of Cruz’s purchase, Bitcoin was trading in the $36,000 and $37,000 ballpark, down roughly 47% from its ATH.
Culture
Mentioning crypto on your profile will bump up your chances in the dating scene
33% of Americans said they are more likely to go out with someone who mentions crypto on their dating profile.
CBDCs
Boston Fed and MIT release the first results of their CBDC research
Project Hamilton released the first round of results in modeling a digital dollar.
Derivatives
Derivative markets hit an ATH in market share in January, as spot volumes fall 30.2%
Last month, crypto spot trading volumes fell to the lowest levels since December 2020.
People
Former ConsenSys Sales and Marketing head to lead Cronos chain and Particle B
Ken Timsit named Managing Director for the Cronos chain and the blockchain startup accelerator Particle B.
NFTs
The dark side of the NFT market
According to a recent report, NFTs are becoming increasingly used for money laundering, while wash trading continues to plague the emerging market.
Technology
Cardano proceeds with important updates to eliminate congestion issues
Cardano continues with optimization and announces scheduled updates that will hopefully rid the network of congestion issues.
Adoption
More than 10% of global working-age internet users own crypto
The findings of a broad global survey of internet users aged 16-64 revealed cryptocurrencies are more than just “catching on.”
Blockchain experts explain the philosophy behind Bitcoin
This week Cryptonites rolled out Part 3 of the edutainment channel’s documentary that explores the social impact, technology, and economics of Bitcoin.