ETH Issuance Has Declined 98% Since the Merge
ETH issuance has fallen ++98 percent++ since the Merge. Is Ethereum POS a ++threat to Bitcoin dominance++? Cardano Founder Charles Hoskinson tweeted that Ethereum would have completed Merge faster by using the ++Snow White upgrade++. The SEC claims ++all ETH transactions are in the U.S++. And Ethereum Cofounder Vitaik Buterin says he’d like to see Dogecoin and Zcash ++follow Ethereum to POS++. The discussion on whether Ethereum poses a threat to bitcoin’s dominance is an interesting one. I particularly like the perspective that POS introduces politics into the blockchain ecosystem whereas bitcoin must follow the laws of physics.
Binance wants to ++return to Japan++, combines savings and staking in ++Simple Earn++.
As crypto companies head for bankruptcy, legal experts struggle with how to distribute assets since there is no precedent for ++categorizing crypto assets++.
Billionaire investor was surprised to see ++ethics in crypto++ not as high as private equity.
Niantic, creator of the popular Pokémon Go game, ++introduces world mapping++ for browsers, readying itself for the metaverse. Can you imagine collecting pokémon that are NFTs? I can.
Disney is looking for a corporate lawyer ++familiar with NFTs++. NFTs, copyright ++not equal++.
Apple is ++allowing apps that sell NFTs++ in its app store, but app developers are ++not happy about it++.
JPMorgan says demand for crypto payments ++has declined++.
5 altcoins that could turn bullish ++if bitcoin stabilizes++. The key phrase here is “if bitcoin stabilizes.”
Top 10 ++NFT analytics tools++. How to ++keep your OpenSea account secure++.
Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger disagrees with CFTC ++regulation by enforcement++ of Ooki DAO. Everyone should disagree with regulation by enforcement. Everyone.
Napster reveals new CEO, ++Web3 investment plans++.
DeSo wants to ++disrupt social media++. You’ll get a lot more information, and perspective, on emerging decentralized social media platforms by ++reading this book++ (full disclosure: I’m the author).
Erik Voorhees, founder of ShapeShift, wrote ++a letter to Ross Ulbricht++, founder of Silk Road, who is still sitting in jail for writing code and facilitating freedom. I certainly think Ross Ulbricht got too stiff a penalty, and I disagree with many of our drug laws. I particularly disagree with putting people in jail for smoking marijuana or being in possession of it. But Ulbricht certainly did break some laws in a technical sense and I do believe that laws should be upheld. Even unjust laws. But they should be upheld fairly and equitably. Unfortunately, they aren’t always upheld equitably. Still, let’s not forget that Ulbricht had a chance to accept a plea bargain and chose not to. While certain aspects of our legal system need an overhaul, we can’t forget that living in modern society requires a certain amount of wisdom. We do no justice to reality by making heroes out of those who don’t exercise it.
Justin Bieber buys Bored Ape NFT for ++$1.29 million++, becomes target for trolls.
Reserve Bank of Australia taps next year for ++digital currency pilot++.
Russia could ++legalize cryptocurrencies++ for international trade.
Kenya’s central bank president says it’s crazy to ++convert country’s reserves++ to bitcoin.
Snark and commentary in italics. Inclusion of an item in Cryptocracy does not mean I agree or endorse the ideas presented.
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First published at Cryptocracy. Not to be construed as financial advice. Do your own research.
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