Blockchain-based games are now letting users “play to earn.” Here’s why that makes Silicon Valley VCs so excited Axie Infinity creator Sky Mavis, a pioneer in the new crypto-gaming model, is now backed by Andreessen Horowitz, Accel and Paradigm. Joon Ian Wong 10.22.21 4:38 PM
Why dogma and in-fighting is keeping Bitcoin maximalists from agreeing on the cryptocurrency’s future The once united front of “Bitcoin maximalists” — hardcore enthusiasts who have advocated for Bitcoin to be the sole form of crypto — is starting to fracture on certain issues. Joon Ian Wong 10.21.21 7:50 PM
Bitcoin was supposed to help El Salvador with remittances, but thanks to broken ATMs and error messages, payments are going missing Some Salvadorans are abandoning Bitcoin remittances for more traditional transfers, citing faulty ATMs and a lack of knowledge about Bitcoin, just one month after the Chivo Wallet system was launched. Jonathan Laguán 10.20.21 9:43 PM
4 key points about Stronghold Digital Mining, the eco-friendly Bitcoin miner that just had an IPO Shares of the eco-friendly crypto mining firm jumped more than 50% after debuting Wednesday at $19 on the Nasdaq, under the ticker symbol SDIG. Othmane Zizi 10.20.21 7:52 PM
DAOs are crypto’s answer to venture funds — here’s why they’re the next big thing After solving for trust and creating “trustless” money, crypto’s next big thing is solving coordination using DAOs. At least, that’s what some cryptorati seem to think. Joon Ian Wong 9.28.21 2:00 PM
An OpenSea staffer’s misconduct shows getting away with NFT insider trading isn’t as easy as you think Nate Chastain’s misdeeds weren’t uncovered by a government investigator. They were discovered by a random person on Twitter. Joon Ian Wong 9.24.21 4:02 PM