Author: BitsCoiner

Online content streaming is dead. Long live the music NFTs

Goodbye Spotify, music nonfungible tokens have arrived: Reimagining the music streaming model in the Web 3.0 era. The music industry has undergone a massive transformation in recent years. We have seen the advent of the internet leave its mark on music, and most notably, 1999 spelled the coming of Napster. This then-revolutionary peer-to-peer online streaming […]

What is the Definition of Decentralized Finance? The Hazards and Benefits of DeFi

To the crypto community, these technologies provide a means of escaping corporate control of the internet, government intrusions into personal liberty, poverty, and practically everything else that ails society. However, the reality has mostly consisted of financial speculation with prominent cryptocurrencies such as bitcoin and dogecoin, which soar and plummet with frightening frequency to buy […]

Finance Redefined: 1M ETH burned since EIP-155 and Dorsey drops tbDEX white paper, Nov. 19–26

1 million Ether has been burned since the London hard fork, Square released a beta white paper for a decentralized exchange and Grayscale predicted a $1-trillion metaverse market — all coming to you in this week’s Finance Redefined. Welcome to the latest edition of Cointelegraph’s decentralized finance (DeFi) newsletter. Ether (ETH) is burning at a rapid rate. […]

Democratic senators oppose President Biden’s OCC Omarova nomination

Saule Omarova’s nomination for Comptroller of the Currency faces policy objections from Democrats and senate banking committee members. A group of five Democratic senators has reportedly rejected President Joe Biden’s nominee, Saule Omarova, to head the Office of the Comptroller of the Currency (OCC).  Omarova’s nomination as a bank regulator was initially opposed by three […]