Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Opinion
SNPad Disrupts the Billion-Dollar TV Advertising Industry with AI-Powered Ad Replacement
SNPad is about to change our relationship with TV commercials forever. This up-and-coming Web3 project integrates AI and blockchain into an unprecedented platform that replaces the usual TV commercials with personalized ads. And that’s not even the best part about it! SNPad users get paid for every ad they watch. So, instead of flicking through the channels when ads interrupt the broadcast, you'll welcome a commercial break as a potential earning opportunity. The internet and streaming services have significantly reduced…
1 year ago
Can These New L7 Features Reshape the Web3 Landscape?
L7 spearheads the Web3 revolution with a comprehensive suite of tools and services. The digital asset management platform keeps adding new features catering to investors and developers alike. In fact, the project's momentous evolution grew its loyal community to over 150,000 members worldwide since May 2023. But is that enough to accelerate Web3 adoption, especially on the eve of the biggest bull market the cryptosphere has ever seen? Join us as we dive deep into L7’s successful upgrading process and…
1 year ago
CoinMarketCap Joins the Thriving World of Dypians Metaverse, Now Featured on Epic Games Store
Exciting Collaboration in the Crypto Universe DYPIUS, a trailblazer in decentralized finance and digital experiences, has just unveiled a groundbreaking collaboration with CoinMarketCap, the globally acclaimed crypto price-tracking platform. This partnership marks a significant milestone in the ever-evolving Metaverse, particularly within the World of Dypians (WOD) dynamic realms. CoinMarketCap: A New Inhabitant in WOD CoinMarketCap is set to establish a prominent presence in the bustling Downtown area of WOD, joining other industry giants like Chainlink, BNB Chain, Dogecoin, and…
1 year ago
Genesis Bankruptcy Filing Contains Misleading and Incorrect Information: Cumberland
Cumberland – an institutionally focused crypto asset trading company – claims Genesis published misleading information about its unsecured claims against the lending giant in its bankruptcy filing on Thursday. Clearing the Air on Creditor's Claims “Genesis’ bankruptcy filing today reflects misleading and incorrect information, and as part of our commitment to transparency, we are providing more details,” said Cumberland over Twitter on Friday. The filing, which provided a list of 50 creditors with the largest unsecured claims, listed Cumberland as…
2 years ago
DCG Responds to Cameron Winklevoss Following Attack on CEO
Cameron Winklevoss returned to Twitter on Tuesday with another callout of Digital Currency Group (DCG) and its CEO, Barry Silbert. Winklevoss accused both Genesis Global, DCG, and Silbert of defrauding Gemini, and over 340,000 users of the company’s Earn program. Lies and Fraud at DCG? According to a public statement from the exchange CEO, each party misrepresented the financial health of DCG and Genesis. This lured lenders into continuing to make loans to Genesis, buying time to “dig themselves out…
2 years ago
Let’s Remind Charles Hoskinson of Why Bitcoin Isn’t a Security
This debate is settled for Bitcoin, Charles. Quit spreading FUD. Last Saturday, Cardano founder Charles Hoskinson had some spicy predictions regarding the crypto regulatory situation in the United States. https://twitter.com/Cryptoinsightuk/status/1601825391777222656?s=20&t=egRYYahM45VgAT5uzrcMHg His first was that Ripple’s long-standing lawsuit with the Securities and Exchange Commission (SEC) could settle as soon as December 15th. That didn’t happen. His second was that Bitcoin (BTC) might be regulated by the agency as a security if Cardano (ADA) were to be labeled as such. That…
2 years ago
Is Binance Solvent? Crypto Twitter is Starting to Panic
Some of the crypto community’s biggest voices are worried that Binance, the world’s largest crypto exchange, is in financial trouble. Faced with record-high withdrawal requests, influencers debate whether the exchange will soon collapse in the same fashion as FTX. On Tuesday, Binance faced billions of dollars in withdrawal pressure, which CEO Changpeng Zhao passed off as “business as usual” for the exchange. CZ added: I actually think it is a good idea to “stress test withdrawals” on each CEX on…
2 years ago
FTX’s SBF is a Master Manipulator, Says Changpeng Zhao
In a lengthy Twitter post on Tuesday, Binance CEO Changpeng Zhao called out the founder of failed crypto exchange FTX. Zhao slammed Sam Bankman-Fried in a tweet describing him as “one of the greatest fraudsters in history.” CZ Corrects Untrue Assumptions, Says Crypto is Fine CZ’s post originally aimed to address false statements the crypto billionaire claimed he had come across in recent times. The first thing Zhao spoke about was the idea that he wanted to be the savior…
3 years ago
“You’re a Fraud”: How CME Chief Terry Duffy Called Out SBF in March
Terry Duffy – CEO of CME Group – says he was never fooled by the praise surrounding former FTX chief Sam Bankman-Fried. In a recent interview, the CEO revealed that he called Bankman-Fried (SBF) a fraud to his face during an in-person meeting in March. Detecting the Fraud During an interview with CNBC’s On The Tape podcast last week, Duffy recounted his encounter with SBF 7 months ago. Meeting for the first time, SBF told Duffy that his goal was…
3 years ago