DeFi VCs & Funding Rounds

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It's the end of an era: New York City removed its last public payphone on Monday. The city began removing street payphones in 2015, replacing them with kiosks that offer free phone calls, Wi-Fi, and device charging. The boxy enclosures were once an iconic symbol across the city, but the rise of cellphones made the booths obsolete. Continue Reading →
Metacademy
I’m thrilled to announce the public beta launch of Metacademy: a free-to-use, risk-free, hands-on website that will teach you about blockchain, cryptocurrency, NFTs, smart contracts, Web3, and other associated technologies. You’ll learn about the world of Web3, decentralized finance (DeFi), the correct way to set up a crypto wallet, how to mint your own NFTs, and how to buy and sell them. Continue Reading →

Welcome to Metacademy

Metacademy
I’m thrilled to announce our new Web 3 training facility at Metacademy.xyz. Together with our partners, Blockchain Foundry and Catbotica, we’ve created a free-to-use, risk-free hands-on tutorial that will teach you the correct way to set up a crypto wallet, mint your own NFTs, learn how to buy and sell them, and much, much more. Continue Reading →
Shelly Palmer Innovation Series Summit 2022
You can attend the “must attend” event during CES® 2022 whether you’re going to Las Vegas or working from home. The Shelly Palmer Innovation Series Summit will stream live on January 5, 2022 at 11 a.m. ET at shellypalmer.com/live. Continue Reading →
MetaMask Hacked
My MetaMask Chrome Extension Wallet was hacked. The ETH is gone forever. Even though I can clearly see that address of the wallet that stole it, there's nothing I can do to get it back. I'm just writing this blog post as a warning for anyone who thinks keeping more than a few hundred dollars in a "hot wallet" is a good idea. I always keep a small amount of ETH in my MetaMask wallet to buy virtual goods and NFTs and game tokens, etc. I have been aware that the wallet was vulnerable to attack, but this hack is remarkable. They must have figured out my password – which is hard to do. Here's a chronicle of the events. I'll keep it updated. Continue Reading →
Crypto under mattress
During an upgrade to the Compound platform, a bug caused the system to transfer close to $90 million in COMP (their cryptocurrency) to random users. In a desperate tweet, Compound’s CEO begged the users to give the money back. He threatened to dox the users. (That’s a slang term for making user identities public or, in this case, reporting them to the IRS.) Then offered a 10 percent reward for “doing the right thing.” Continue Reading →
cross-chain interoperability
Are you wondering why it is taking so long for blockchain to become as ubiquitous as AI or IoT? One of the biggest stumbling blocks (pardon the pun) is that Bitcoin, Ethereum, Cardano, and the vast majority of other blockchains are proprietary ecosystems (walled gardens) that cannot easily share data or exchange value with other blockchains. This is not a new problem, but there are new, well-funded solutions emerging with exciting roadmaps that point to explosive growth in the near-term. Here’s a quick overview of some projects that have my attention. Continue Reading →

NFT Sector Snapshot

NFTs
Sales of NFTs have topped $2.5 billion since January 2021, and more than $2 billion has been invested in the sector this year. Here's a quick overview of the NFT projects and transactions that have my attention, and a look at some emerging NFT trends. Continue Reading →

Internet Computer

Internet Computer (Dfinity)
Dfinity launched Internet Computer last week, and ICP, its cryptocurrency, already has a market cap of over $30 billion. This article is not about the value of owning ICP or how or why you may or may not want to trade crypto. I'm not going to offer any financial advice here. What interests me is how strongly Dfinity's vision aligns with my essay Tales from under the Merkle Tree. In the essay, I ask you to imagine a world powered by decentralized apps (Dapps), where currencies are traded on decentralized exchanges (DEXs), and people transact business on distributed ledgers (aka blockchains). I also suggested that the future I asked you to envision "is literally just months away." I was wrong. It's happening right now. Or is it? Continue Reading →

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