Millionaire investor and crypto proponent Kevin O'Leary thinks that the NFT sector could be worth more than Bitcoin in the future. Speaking with CNBC’s Capital Connection on Jan. 5, O'Leary — also known as Mr. Wonderful — argued that NFTs provide a greater potential to attract capital than Bitcoin due to their ability to tokenize and authenticate physical assets such as cars, … [Read more...] about Why Kevin O’Leary thinks NFTs could become bigger than Bitcoin
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Elon Musk thinks Neuralink is better than Metaverse in long term
Tesla and SpaceX CEO Elon Musk showed no support for the Metaverse and Web 3 ecosystem as he dismissed the terms for being used as buzzwords and marketing tactics."I don't see someone strapping a friggin' screen to their face all day," said Elon Musk, Tesla and SpaceX CEO, in an interview with The Babylon Bee when asked about his thoughts on the Metaverse ecosystem. "I don't … [Read more...] about Elon Musk thinks Neuralink is better than Metaverse in long term
Billionaire Investor Charlie Munger Thinks China Was Right to Ban Bitcoin; Crypto Twitter Responds
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.@2021 … [Read more...] about Billionaire Investor Charlie Munger Thinks China Was Right to Ban Bitcoin; Crypto Twitter Responds
Vitalik thinks token-based decentralized governance is holding DeFi back
Ethereum co-founder Vitalik Buterin has taken a deep dive into token-based decentralized governance, suggesting that existing voting mechanisms are flawed and may be holding the DeFi sector back from realizing its full potential.In a lengthy blog post published Aug. 16, Buterin stated the crypto community needs to "move beyond coin voting as it exists in its present … [Read more...] about Vitalik thinks token-based decentralized governance is holding DeFi back
Ripple co-founder thinks Bitcoin should move away from proof-of-work
Bitcoin (BTC) code contributors need to consider a move away from the cryptocurrency’s proof-of-work consensus mechanism, Ripple co-founder Chris Larsen argued.In a Wednesday blog post, Larsen outlined major PoW-related vulnerabilities, notin growing concerns over Bitcoin’s carbon footprint. According to the executive, PoW-based coins like Bitcoin should consider a code change … [Read more...] about Ripple co-founder thinks Bitcoin should move away from proof-of-work