Crypto for Advisors: Investing in Web3
Alex Tapscott, author of the recently published book Web3: Charting the Internet’s Next Economic and Cultural Frontier, takes us through Web3 investment opportunities in today’s Advisors.
A Suspicious ‘Munger’ Coin Soars Then Crashes After Billionaire Charlie Munger’s Death
A memecoin that was minted 15 minutes after Charlie Munger’s death soared by more than 31,000% before losing 98% of its value over the subsequent 24-hours.
There Are Tentative Signs of Revival in DeFi and NFT Markets, JPMorgan Says
Expectation of U.S. approval of a spot bitcoin ETF has led to an increase in DeFi and NFT activity in recent months, the report said.
MicroStrategy Bought $600M of BTC in November, Increased Holdings by 10%
MicroStrategy is also looking to raise up to $750 million in a sale of class A common stock.
Decentralized Infrastructure Provider Grove Raises $7.9M
Decentralized infrastructure is the use of blockchain technology and token incentives to build physical networks so other projects don’t need to incur the costs of buying and running their own equipment.
Institutional Crypto Trader Talos Taps Into Uniswap’s Liquidity
It’s the first time Talos will be routing trades through a decentralized exchange.
Bitcoin Miner AntPool to Refund Record $3M BTC Transaction Fee
AntPool said it would verify the identity of the sender if they sign an on-chain message via another bitcoin transaction using the same message – which will prove ownership.
First Mover Americas: Demand for Bitcoin Futures ETF BITO Ramps Up
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 30, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The Benefits of Building Apps On-Chain
Blockchain networks are information networks, which can be leveraged to build new types of tools and experiences, Variant’s Alana Levin writes.
Central Banks Aren’t Sufficiently Ready for CBDC Risks: BIS Report
The introduction of central bank digital currencies could have major implications on the stability, the report said.