DeFi

Let's imagine the fan experience of the future. If there were no technological or financial restrictions, how would you want to attend a sporting event or a concert? What will "attending" evolve to mean? Continue Reading →

According to Coinbase Wallet (a very popular cryptocurrency and NFT wallet), Apple would not approve an update to its app until it removed a feature that allowed users to transfer NFTs. Apple believes it is entitled to 30% of the transaction fees ("gas fees" in crypto parlance) paid to blockchain validators and miners whenever an NFT is sent from a Coinbase Wallet. Continue Reading →

The saying, "Not your keys, not your coins" is a truism amongst seasoned blockchain users. It means that if your private keys are not in your own digital wallet (preferably a hardware wallet), you do not actually own your cryptocurrency or NFTs or any other asset stored on a blockchain you believe you own. Continue Reading →

In the wake of the FTX implosion, everyone is talking about the pros and cons of cryptocurrency. This week, for clickbait reasons, it’s mostly the cons. Before you offer an opinion about cryptocurrency to your friends or consider formulating a cryptocurrency policy for yourself or your business, you should take a moment to understand that cryptocurrency “crypto” is a catchall phrase, and a lazy one at that. Continue Reading →

FTX Trading Ltd. CEO Sam Bankman-Fried (SBF) has resigned. FTX.com (formerly the second-largest crypto exchange in the world), West Realm Shires Services Inc (FTX U.S.), Alameda Research Ltd., and approximately 130 additional affiliated companies (the FTX Group) have filed for bankruptcy protection in the U.S. John J. Ray III has been appointed CEO of the FTX Group. Even if you've never invested a penny in crypto (or even thought about it), the value destruction wrought by SBF is going to have an impact on how you spend your day. Continue Reading →

Cryptocurrency exchange FTX is on the brink. It may fail today. It may fail tomorrow. Unless someone steps in with enough cash to save it, it will fail. Continue Reading →

Yesterday, while all eyes were (and are) on election results, a battle between two centralized cryptocurrency exchange owners suckerpunched the world of decentralized finance, destroying billions of dollars of market cap in the process. Continue Reading →

Web2 (aka the centralized web) is the web as we know it today. It is dominated and controlled by our tech overlords. Web3 (aka the decentralized web) is supposed to replace it, releasing us from our data servitude. It won’t. For reasons I will share with you, it will be obvious that it can’t. We are already living in a hybrid world where Web2 and Web3 technologies are each leveraged to their best purposes. You can call it Web2.5 – it’s a more accurate description of where we are now and where we are likely to go next. Let’s review. Continue Reading →

When someone says "the metaverse," what do they mean? At the moment, the observable metaverse is a continuum that spans experiences from virtual reality (VR) through mixed reality (MR) to augmented reality (AR). The experiences are different, but some of the most successful metaverse projects share many common creative and technological attributes. What are they? To help figure it out, we've been developing a framework we call the Standard Model of the Metaverse. Continue Reading →

A nearly-completed text of MiCA (The European Union’s Markets in Crypto Assets) regulations has leaked, and it is going to be brutal. How brutal is yet unknown, but lawmakers seem to be happy with their work. Continue Reading →