Memecoins are a ‘cornerstone’ of crypto: Galaxy’s Novogratz
Galaxy Digital CEO Michael Novogratz has hailed memecoins as the “most powerful narratives out there” but others in the crypto industry are not so confident.
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Top 5 cryptocurrencies to watch this week: BTC, DOT, LUNA, ATOM, FTT
Bitcoin (BTC) and most major altcoins have been consolidating in the past few days as investors await a trigger to start the next directional move. Some believe that the rising inflation in the United States could prove to be bullish for Bitcoin.In a note to clients, Anthony "Pomp" Pompliano said that the only way to…

Enjin wants to decentralize its metaverse with new $100M fund
The Efinity Metaverse Fund will focus on seed equity investments for projects building Efinity. 304 Total views 3 Total shares Blockchain gaming platform Enjin is establishing a new fund to support the development of the metaverse ecosystem and make it more decentralized.Enjin, a startup behind the nonfungible token (NFT)-focused blockchain Efinity, has formed a $100-million…

Decentralized naming could bring ‘next billion’ users to Bitcoin
Spaces Protocol founder Mike Carson argues that in light of the recent Squarespace DNS attack, domains should be decentralized and put on the blockchain.

IBM Expects a Central Bank to Issue Digital Currency Within 5 Years
73% of leading global banks have claimed that central bank digital currencies (CBDC) should be available “under all circumstances” in a new study.“CBDC will substitute much more easily for cash”According to a joint report conducted by tech giant IBM and the Official Monetary and Financial Institutions Forum (OMFIF), global central banks now admit that CBDCs…

Square Crypto Grants $100,000 to Open-Source Crypto Payment Processor
Bitcoin (BTC)-supporting payments service Square Crypto is giving the first of what will be many grants to support open-source Bitcoin projects to BTCPay Foundation.BTCPay receives $100,000 grantOn Sept. 14, Square Crypto, the crypto-focused branch of mobile payment company Square, took to Twitter to announce that it is providing BTCPay Foundation with a grant of $100,000…

Grinding out a living: Can blockchain games really offer a sustainable income?
Blockchain games are mostly played for entertainment, but some developers within the industry think the games could eventually evolve into a form of employment where players can grind out a living wage. Video games using blockchain tech allow players to earn native crypto or nonfungible tokens (NFTs) by playing and participating in activities within the virtual…

Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

US Financial Stability Oversight Council urges congressional action on crypto
According to the FSOC, issues at FTX had “precipitated price decreases in Bitcoin and other crypto-assets” but “had a limited impact on the broader U.S. financial system.” 815 Total views 16 Total shares Own this piece of crypto history Collect this article as NFTOfficials with the United States Financial Stability Oversight Council, or FSOC, have…