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What is a Decentralized Autonomous Organization (DAO)? Everything You Need to Know

Decentralized Autonomous Organizations (DAOs) are a form of governance systems powered by their community. They can be independent of third parties, and government corporations and they also differ a lot in their business and organizational model from traditional organizations. Quick Navigation What is a DAO? In light of the above, we can pinpoint the following characteristics of a DAO: Non-hierarchical system: As the name suggests, DAOs are decentralized systems owned and...

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Michael Saylor: Crypto Should Be Regulated

Michael Saylor – the man behind MicroStrategy, a software firm that’s made a name for itself buying bitcoin – is confident proper regulation would help the crypto space become more legitimate. He thinks the right rules will be a “catalyst” for BTC, the world’s number one digital currency by market cap. Michael Saylor Is Pro Regulation In a recent interview, Saylor said: Additional regulatory clarity from the [Biden] administration is going to benefit bitcoin and...

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Justice Department Recovers Bitfinex Hack Funds In Largest Ever Financial Seizure

The FBI has arrested a husband and wife in Manhattan for allegedly conspiring to launder swaths of Bitcoin connected to the 2016 Bitfinex exchange hack. According to Reuters, over $3.6 billion worth of the asset has already been recovered by law enforcement. The couple allegedly responsible is Ilya Lichtenstein (34) and Heather Morgan (31). They are accused of conspiring to launder 119,754 Bitcoin after an attacker stole them through over 20,000 unauthorized transactions at...

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bitcci brings Decentralization to Sex Industry With a Transparent Ecosystem

bitcci frees the sex business from tensions and issues by establishing a new, modern culture of acceptance, transparency, trust, and self-determination. The platform will optimise, regulate, and decentralise the whole sector, as well as establish new business areas, bring cutting-edge technology, and make the industry and its players free and safe. Swiss blockchain business bitcci was founded in 2017 by CEO Christoph Elbert and consists of a group of publicly traded...

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Ripple Price Analysis: Here’s the Next Target for Ripple After Breaking Above $0.7

Key Support levels: $0.70 Key Resistance level: $0.96, $1 Ripple’s XRP broke the critical resistance at $0.70 with significant volume yesterday, and the price rallied all the way to $0.91 (Bitstamp exchange). The previous resistance has now turned into support, and the next key levels to watch are at $0.96 and $1. After a sharp rally yesterday, XRP may consolidate or suffer from a temporary pullback in the next few days before testing the $1 level. Chart by...

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Last Time This Indicator Flashed, Bitcoin Spiked Almost 100%

Traders are once again hoping for a bullish run as a fresh slash of green spread across the entire crypto market. Interestingly, the 50-DMA indicator shows that the cryptocurrency might be in a good shape for further gains. Bitcoin surged to $45,500 today for the first time since January 5th as the cryptocurrency market managed to reclaim the $2 trillion mark. Although BTC failed to sustain the $45,000 levels and is currently trading slightly below the $44,000 region, the...

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SSV Network Bags $10M From DAO Partners to Scale ETH 2.0 Staking

Open source and decentralized protocol ssv.network has received $10 million in funding from its DAO partners to ramp up the decentralized staking infrastructure for Ethereum 2.0 ahead of the upcoming Merge. ssv.network Receives $10M ssv.network said  in a press release that it received the funds through its DAO Partner Program, an initiative the project launched in October 2021 with an objective of expanding its “community and strengthening DAO partnerships.” So far, the...

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SLP Price Skyrockets 40% as Axie Infinity Will Reduce Tokens Supply

The developers behind the popular play-to-earn blockchain game Axie Infinity will reportedly implement changes to its reward system to rebalance the project’s ecosystem. Specifically, they will reduce the supply of Smooth Love Potion (SLP) tokens by 56%, making them more scarce. The Latest Updates The play-to-earn business model emerged as a trending niche towards the end of 2021. Its concept consists of two elements that have captured society’s attention for centuries –...

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Aktienhandel: Aufgepasst, Gebühren!

Beim Aktienhandel in der Schweiz können unnötige Gebühren entstehen. Je nach Anbieter gibt es in diesem Punkt grosse Unterschiede. Deshalb sollten unbedingt die Preise vergleichen werden.  Lieber Aktien als Minuzsinsen auf dem Sparkonto Wer in der Schweiz Aktien kaufte, verdiente jedes Jahr Geld: Der Durchschnitt der vergangenen 20 Jahre ergab eine Rendite in der Schweiz von 5.2 %. Mit den sogenannten Franken-Obligationen war immerhin noch ein...

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Cardano (ADA) Price Analysis: Rally Could Face Hurdles Near $1.30

ADA price started a fresh increase above $1.10 against the US Dollar. The price is now trading above $1.10 and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $1.052 on the 4-hours chart (data feed via Bitfinex). The price could rise further, but it might face resistance near the $1.30 zone. Cardano price is gaining pace above $1.20 against the US Dollar, unlike bitcoin. ADA price could start another...

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