With the development of gaming platforms, virtual items have also become a popular method of monetization, but most games store data on private servers, giving gamers a reason to doubt their reliability and transferability. Developers can change the game policy at any time to maximize their profits. They are not obliged to consult users or take responsibility for the harm caused to the game ecosystem. This problem can be solved by blockchain technology which makes it possible to own and transfer virtual assets to anyone through nonfungible tokens (NFT). In a world where gamers spend a lot of time and …
Cryptocurrency books aimed at novice users or non-users tend to follow a very similar pattern. Almost all start with an obligatory “history of money” and explain why fiat is, let's say, "flawed," — to be polite. Then Bitcoin (BTC) in introduced, wielding a fistful of shiny new tech that can address some of these issues. The books go into mining, wallets, exchanges, Ethereum and smart contracts, altcoins and decentralized finance — also known as DeFi. Once the authors are sure that the reader is sold on the idea of buying into crypto, they wrap it nicely up with a (foregone) …
Bitcoin has long had to deal with accusations of bubbledom being levelled at it, although it can hardly protest. During the last decade its price has ballooned on multiple occasions, only to come tumbling back down, albeit generally to a slightly higher level than pre-pump. Our old friend, Nouriel Roubini, considers cryptocurrency the “mother and father of all bubbles,” which would be quite an accomplishment for such a relative whippersnapper. Financial bubbles have been around for over 300 years, as the book Boom and Bust by William Quinn and David John Turner explains. Through examining the development of major bubbles …
Regular readers will no doubt be aware of the high expectations currently being placed on the shoulders of blockchain gaming. For advocates of blockchain technology, there is the hope that tapping into the estimated 2.5 billion gamers worldwide will provide a huge leap toward mainstream adoption. Blockchain and distributed ledger technology continue to make inroads into all kinds of industries as an increasing number of people discover and gain an understanding of the benefits that it can bring. From supply chain efficiencies through certification of authenticity and provenance to the immutable nature of information stored on a blockchain, the technology …
Earlier this week the VeChain Foundation announced the winners of its second VeChain Community Video Contest. Celebrating the second anniversary of the launch of the VeChainThor mainnet, the contest attracted a high standard of entries with its total prize fund of 3 million VET ($54,000). Cointelegraph decided to cast a critical eye over the ten finalists and eventual winners. A community of professional filmmakers? The first thing that immediately strikes you is the overall quality level. I mean, sure, these are the top ten hand-picked finalists, and perhaps the judges had to sift through a whole bunch of dross in …
Selva Ozelli is an international tax attorney and regular contributor to Cointelegraph. She gives her expert opinion on a range of subjects, including how cryptocurrency and blockchain technology can both positively and negatively impact climate change issues. She is also an award-winning artist, and has recently curated the First Digital Climate Change Art Show. This show also features works by some of her fellow artists at Atelier Teymur Rzayev in Turkey. All of the works have been inspired by articles in Ozelli’s climate change series, so it seemed the natural thing for Cointelegraph to do was to review the exhibition. …
You may recall that an independent film about Monero recently topped the United States box-office charts, with gross sales of just $3430, mainly thanks to the mass closure of cinemas during the COVID-19 pandemic. The film’s producer, Justin Ehrenhofer, recently got in touch with Cointelegraph to let us know that Monero Means Money is now available to stream for free on YouTube — so we decided to review it. Elephant in the room Let’s get this out of the way first. Monero Means Money is not a documentary film in the traditional (or perhaps any other) sense of the term. …
“Cryptopia: Bitcoin, Blockchains and the Future of the Internet” is filmmaker Torsten Hoffmann’s follow up to his award-winning 2015 documentary “Bitcoin: The End of Money As We Know It.” His first film looked at the history (and failings) of money and the financial system, and how Bitcoin was poised to revolutionize and solve many of its problems. Now, Cryptopia brings us up to date with the current state of play in the world of cryptocurrency and blockchain. The documentary is split into three acts. Act I - Bitcoin First we get an introduction to the fundamentals of Bitcoin, recapping the …
In April 2017, Liliana Pertenava invested around $2,000 in some friends’ Ether mining venture. Having no previous knowledge of cryptocurrency, she then wanted to learn more about blockchain technology and its applications. Finding little online content explaining how blockchain and cryptocurrency work in simple terms, she decided to create her own documentary. The film follows her on a road-trip across three continents as she talks with over 30 players in the blockchain space. Pertenava also wanted to highlight the stories of female CEOs, investors, and industry professionals, to show that women are important in the field too. Noble aims indeed… …
Decentralized Finance (DeFi) is certainly the buzz-phrase in the cryptocurrency world right now. But although we are hearing more and more about the potential of this technological breakthrough to revolutionize the world of traditional finance, many are still unsure of what DeFi actually involves. CoinGecko has just released its very first book, called ‘How to DeFi’. This book aims to provide an easy entry point for those wanting to learn about the subject. Why to DeFi After an obligatory slew of quotes from industry figures, recommending the book as the ideal starting point from which to enter the world of …
This article has been updated on June 22 to correct that the company started by the Winklevoss twins is called Gemini Trust LLC rather than Gemini Capital, that it does not have a Bitlicense but instead is regulated by the NYFDS, and that it is not affiliated with Genesis Global. Molly Jane Zuckerman is the head of news at Cointelegraph. The views expressed here are her own and do not necessarily represent the views of Cointelegraph. This article contains spoilers. The irony of a book about the Winklevoss twins’ journey into cryptocurrency — which stresses over and over again how …
Edward Zuckerman is a journalist and an Emmy-winning television writer. The best news for crypto enthusiasts about the movie “Crypto” is that “Crypto” has very little to do with crypto. It is mainly concerned with Russian mafiosi, money laundering and a main character who plods through the heavy plot with the affect of a depressed zombie. Cryptocurrencies do make three appearances in the movie: 1. It is revealed that a major bank, because (one character explains) such banks are terrified of being made irrelevant by cryptocurrencies, is secretly buying crypto in order to drive the price up, on the theory …