The Ethereum Foundation, a non-profit organization supporting the Ethereum cryptocurrency, made headlines recently by selling 1,700 ETH on October 9, 2023, through the Uniswap exchange. They exchanged this ETH for 2.7 million USD Coin (USDC) at a rate of $1,611 per coin.
Interestingly, the sale of ETH by the Ethereum Foundation had an impact on
The blockchain ecosystem is continually evolving, with platforms often updating their frameworks to offer better scalability, security, and interoperability. One such significant development that has garnered a lot of attention lately is the POL upgrade on the Polygon (formerly known as Matic) network. If you’re a developer, investor, or a cryptocurrency enthusiast, this article aims
In a universe not too far from our own, imagine stepping into a digital dimension where reality and imagination seamlessly merge. Here, your cherished digital art holds the same gravitas as a real-world Picasso, and virtual assistants evolve beyond mere code, genuinely grasping and adapting to your distinct desires. This is the Metaverse, a mesmerizing
By Stephen Wink and Adam Zuckerman
Decentralization is the key innovation enabled by blockchain technology, and can have significant technological, economic, and legal implications for web3 companies and protocols. Decentralization remains hard to grasp and define despite its importance. In the web3 spirit of collaboration and open source, Latham has partnered with a16z Crypto to
Blockchain technology has been hailed as a revolutionary force that has the potential to transform virtually every industry. It’s been the fundamental technology behind some of the most groundbreaking developments in recent years, including the rise of cryptocurrencies, NFTs, and web3. These technologies have disrupted traditional industries, unlocked new possibilities for innovation, and created opportunities
The rapid evolution of technology has led to the convergence of two groundbreaking innovations: artificial intelligence (AI) and blockchain technology. Individually, these technologies have already demonstrated their potential to revolutionize industries and reshape the global economy. As their integration continues, the fusion of AI and blockchain promises to yield even more transformative outcomes. In this
I’ve been thinking lately about Bitcoin’s track record, and I’m beginning to think the Bitcoin Maximalists are on to something. Despite all the ups and downs, the Bitcoin engine has been chugging along like a champ, showing its strength and consistency through thick and thin. And with the recent market turmoil (thanks FTX), the whole
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If we’ve learned anything in 2022, it’s that we can’t trust our crypto to remain on centralized exchanges. Between the collapse of Celsius, Voyager, BlockFi, and FTX, investors have collectively lost billions of dollars this year. Millions of dollars could’ve been saved if most investors held their crypto in
There’s no question that Bitcoin and other cryptocurrencies have gotten a bad rap over the years. The year 2022 in particular has been a rough one as the house of cards has fallen for various crypto platforms, leading to a brutal bear market.
All the while, questions remain over the sustainability of Bitcoin and
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We’re a few months deep into a crypto bear market spurred by a series of cascading events starting in May 2022. Anyone who’s been in crypto long enough knows how rough bear markets can be. The excitement and collective euphoria are gone. Regulators are kicking us while we’re down.