Roubini calls cryptocurrencies a “rogue gamble,” ripping up evidence of reserves

Roubini calls cryptocurrencies a “rogue gamble,” ripping up evidence of reserves

Nouriel Roubini is not a friend of cryptocurrency exchanges. He is categorically unimpressed with the “proof of reserves” idea promoted by Binance and other crypto players in the wake of FTX’s epic crash. Friday morning, Binance Announce the release Proof of Reserve System, starting with Bitcoin. She wrote on her site, “Following our recent announcement …

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After More Than 380 Days, Crypto Supporters Celebrate Surviving the Second-Longest Bitcoin Bear Market

After Over 380 Days, Crypto Supporters Celebrate Surviving Bitcoin’s Second Longest Bear Market – Bitcoin News

On Saturday, members of the r/cryptocurrency forum discussed how the current bear market is now the second longest in Bitcoin price history. According to the forum post, the current crypto winter has lasted more than 380 days, just short of Bitcoin’s longest downturn during the 2013-2015 bear market, which lasted 415 days. ‘Surviving a Bear …

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This week in the metaverse: NFTs, Microsoft, and the Meta

This week in the metaverse: NFTs, Microsoft, and the Meta

Welcome to “This Week in the Metaverse”, where Fortune brings together the most interesting news in the world of NFTs, culture and metaverses. E-mail marco.quiroz-gutierrez@fortune.com with tips. Carlos Topo Maceda was at a friend’s wedding in Puerto Escondido, Mexico, last November when the panic started. A flurry of tweets claimed this Hic et Nunc, the …

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SpaceChain paves the way for high-speed blockchain processing in space with its seventh payload launch

The mission verifies the high customizability of space nodes that support the blockchain and the possibility of high-speed processing in space Cape Canaveral, Florida.And the November 26, 2022 /PRNewswire/ — SpaceChain announced today that it has successfully launched its second Ethereum Virtual Machine (EVM) payload into space aboard a SpaceX Falcon 9 rocket, which is …

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It's time for cryptocurrency enthusiasts to stop supporting personality cults

It’s time for cryptocurrency enthusiasts to stop supporting personality cults

Many of the centralized cryptocurrency platforms that have collapsed this year share something in common: an outspoken and arrogant young leader. Each of them gained huge influence not by virtue of huge intellect or talent but due to heaps of money and followers on Twitter. And each time, a false confidence in their abilities led …

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$ETH: Bitcoin Developer and Educator Jimmy Song Says ETH PoS is 'A Roach Motel'

$ETH: Bitcoin Developer and Educator Jimmy Song Says ETH PoS is ‘A Roach Motel’

On Saturday (November 26, 2022), a prominent Bitcoin developer, educator, and entrepreneur Jimmy Song Express how he feels about Ethereum 2.0’s Proof of Stake (PoS) consensus mechanism. At around 7:00 AM UTC on September 15, the Ethereum merge upgrade completed, which means that the Ethereum network moved to a PoS consensus from a power-hungry Proof-of-Work …

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Bloomberg Law

Why the Metaverse is difficult to collect and discover data

Adoption of the Metaverse, or virtual reality, is growing rapidly despite the scale, sensitivity, and wide-ranging types of data collection. The immersive experience of a digital avatar may include the use of biometric goggles and haptic vests that collect data on an individual’s gait, breathing patterns, eye movements, facial reactions, and inferences about these objects. …

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Forecasts of $2.2 trillion for institutional crypto prices reveal the potential for Bitcoin and Ethereum recovery

“One Million Dollars by 2030” – A stunning Bitcoin price prediction has been revealed

bitcoin BTC It suffered a catastrophic crash over the past year, with the bitcoin price dropping more than 75% from its all-time high –Although industry leaders created a controversial crypto rescue fund. Subscription now to Forbes’ CryptoAsset & Blockchain Advisor and successfully navigating the latest bitcoin and cryptocurrency market crash Bitcoin price affected Shock exchange …

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Nicola Mendelsohn, VP, global business group, Meta

Nikola Mendelssohn, Head of Meta Advertising, applauds again at The Metaverse Critics

meeting withNicola MendelsohnVice President, Global Business Group Meta stock fell after the company It reported its earnings in the third quarter in late October. Less than two weeks later, Meta confirmed his plans for Lay off 11,000 employeesAnd the Or roughly 13% of the total workforce. Although the former Chief Financial Officer of Meta (W …

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This Week's Coins: Bitcoin, Ethereum Stable - Has the Worst of FTX Hurt Passed?

This Week’s Coins: Bitcoin, Ethereum Stable – Has the Worst of FTX Hurt Passed?

This week in Coins. Illustration by Mitchell Prever for decoding. Cryptocurrency prices have been a mixed bag this week. But as of Saturday morning, only a couple of the top 20 coins by market cap have shown green over the past seven days. This begs the question: have the brutal aftermath of the recent FTX …

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