The report by Electric Capital Developer indicates that as of December 2021, Web3 had recorded 18,416 monthly active developers, an all-time high since 2009. ​​ Last year, 7,895 developers joined Web3 to register a growth of 75% having opened the year at 10,525. Notably, 2021 registered the highest number of active developers who joined Web3 at 65%, while 45% of full-time developers also adopted the protocol. Furthermore, the report also indicates that in 2021, over 34,000 new developers committed code to the Web3....

As shown by the fact that Tether (USDT) has had two of the largest increases in address activity in 2022, according to data published by on-chain behavior analysis platform Santiment on March 21. The platform revealed “stablecoins are finally beginning to move,” as the number of USDT unique addresses hit their highest levels since December 2020 on March 19. The platform highlighted the two dates as March 17 (83,000) and March 19 (74,000), which had the two largest days of 2022, in terms of addresses interacting on the network, while noting for crypto traders to “keep an eye on this diminishing stagnancy....

Cruz stated that cryptocurrency mining is a ‘net plus’ for the environment, especially if miners focus on utilizing renewable energy sources, he said during an interview published by Vice News on August 20. Interestingly, Cruz suggested that Bitcoin mining leads to the prosperity of families involved in the activity as it breeds entrepreneurs. Bitcoin’s ability to share the grid Cruz added that in the wake of Bitcoin mining criticism, the activity could co-exist with other forms of energy utilization by sharing the grid....

‘The Black Swan‘ Author Nassim Nicholas Taleb says he is getting rid of his Bitcoin, citing the asset’s volatility as a setback. Taleb’s sentiments come even as Bitcoin’s rally continues, with the digital currency hitting an all-time high of $49,000 on February 12. In a series of tweets, Taleb states that a currency (Bitcoin) should not be more volatile than the price you sell or buy it. He also asserts that the culture around Bitcoin has been overtaken....

Namely, the total market value of the top 25 global banks continued to fall in Q3 2022 after dropping 14.4% in the previous quarter. This time around, the total value of global banks fell by 6.7% in combined market value to $3 billion, according to GlobalData research, released on October 19. Company Profiles Analyst at GlobalData, Murthy Grandhi, commented on the changes in the top 25 bank rankings after the market cap correction:...

With this in mind, Finbold has analyzed the recent developments around some of the best-performing altcoins on the market to deliver a list of five altcoins that crypto traders and investors should pay attention to during the following month. Aptos (APT) One digital asset among the altcoins that continue to capture attention in recent weeks is Aptos (APT), the coin of the novel independent Proof-of-Stake (PoS) Layer 1 project leveraging the Move programming language and Move VM for application development....

With this in mind, Finbold has researched the best cryptocurrency-related movies out there to deliver a list of the top five that are worth watching in 2023, be it for educational or entertainment purposes – or both. The Rise and Rise of Bitcoin (2014) Netflix Explained: Cryptocurrency (2018) For anyone who just wants a quick tour of the world of digital assets without going into details for hours, the 14-minute-long documentary Netflix Explained: Cryptocurrency is a perfect choice....

Phil LeBeau, a CNBC contributor who covers autos and airlines, joined CNBC’s Squawk Box to discuss the new data on EV sales. LeBeau saw a sequential loss in Tesla from Q1 to Q2, but he also mentioned other automakers eating up some of the market share from TSLA. He added: TSLA chart and analysis In the last month, TSLA has been trading in the $626.08 – $764.94 range, which is quite wide....

In a rising interest environment, this new debt could be problematic, which is why the cruise stocks have sold off once again in a short span of just two years. Yet, not all seems so gloomy surrounding cruise stocks since travel has seen an uptick. Finbold has identified two cruise stocks that could have the potential to survive the new selling pressure and come out of this ‘crisis’ on top....

In order to promptly react to the increasing number of securities frauds associated with the digital asset market, the two nations spoke about different ways to share information with one another and boost their level of coordination, according to a report by a local Korean news outlet Yonhap. Both countries are looking into the $40 billion collapse of the Terra (LUNA) ecosystem. The United States of America has recently started a fresh investigation into Do Kwon, who was one of the co-founders of Terra....

One of them is the leadership of the U.S. state of Tennessee, which has started looking for a contractor that would hold cryptocurrencies on its behalf. As a matter of fact, the Tennessee Department of Treasury has issued a request for proposals (RFP) to describe how the custodian would handle the state’s crypto assets such as Bitcoin (BTC), as the Nashville Post reported on April 21. Specifically, the RFP #30901-49622, or the ‘Request for Proposals for safekeeping and servicing of unclaimed securities and virtual currency’, reads that the state of Tennessee currently holds no digital assets and seeks to prepare itself “in the event that unclaimed virtual currency is remitted to the state’s unclaimed property program....

The change in policy and planning builds on experience during the Coronavirus crisis which has seen companies substantially boost cash reserves – Investec’s research shows one in six (16%) say their cash reserves are now at an all-time high. Its study among 100 senior executives at corporates with total cash deposits of more than £6.17 billion and average reserves of around £62.3 million found 58% had seen cash reserves increase over the past year....

Indeed, the Australian computer scientist claiming to be the mysterious Satoshi Nakamoto had accused a cryptocurrency podcaster and blogger Peter McCormack of libel over stating that Wright was not Satoshi and that his claims to being Satoshi were fraudulent. As per the court decision from August 1, Wright’s first witness statement was declared “straightforwardly false in almost every material respect.” The ruling judge explained that he had reached a conclusion based on several matters....

Georgina Whalley joins Tandem in the newly created senior role of Chief Impact and Marketing Officer. She is mandated with accelerating and amplifying Tandem’s mission to build the UK’s fairer, greener digital bank, citing the bank’s mission as a primary motivation for joining. Georgina is the latest senior appointment to Tandem’s Executive Committee following Tandem’s acquisition of leading consumer lender Oplo in January this year. Previously, Georgina held senior roles at global consumer fintech Openpay for the past three years, most recently as Interim UK CEO....

Democrat senator Elizabeth Warren of Massachusetts and Republican Steve Daines of Montana are planning to introduce the Senate bill banning lawmakers from trading stocks, according to a report by Axios who cited people familiar with the matter. As the subject has progressed from being a progressive talking point to a mainstream topic, it has gained support from a number of former investment executives. Introducing the first bipartisan measure in the Senate is an important step toward resolving the possibility of a filibuster....

Speaking while appearing on a podcast hosted by Anthony Pompliano, the asset manager noted that the SEC is likely awaiting broader jurisdiction to approve the investment product. He stated that the regulator might be awaiting direction from United States lawmakers. Eck observed that currently, SEC is limited because the crypto regulatory conversation in the U.S. is not healthy. According to Eck, relevant bodies are coming up with different suggestions on regulating the crypto sector, an aspect that will likely derail elements such as approving spot Bitcoin ETF....

On Saturday, August 7, the authorities in the zone suspended the electricity service to all Bitcoin (BTC) and cryptocurrency miners in their territory, Criptonoticias reports. Mining bitcoins is completely legal in Venezuela, according to National Superintendencia de Criptoactivos y Actividades Conexas de Venezuela decreto. The law allows the use, sale, importation, and manufacture of mining equipment on Venezuelan territory. Residents who want to mine Bitcoin and other cryptocurrencies legally must apply to the organization for a license....

Buterin noted that he expects traditional and government-backed currencies to remain dominant despite the crypto sector recording significant growth and adoption in recent years, Reuters reported on June 16. Notably, with digital currencies finding use cases in payment and investments, there is speculation on the extent to which different cryptocurrencies can take over traditional finance systems. The regulatory barrier Although crypto proponents are pushing for digital assets to replace traditional finance products, regulations are emerging as the main barrier....

Dow Jones futures and S&P 500 futures fell modestly late Thursday wiping out gains they had made in the first half of the week. The Nasdaq, meanwhile, fell below its 50 day support level mirroring the chart patterns. The S&P 500 has held this critical support level for now. Tech stocks slump The Federal Reserve said it planned to hold interest rates at nearly zero until the end of 2023 as chairman Jerome Powell painted a gloomy economic picture....

All ages are on Facebook, and it’s normal to encounter acronyms that people coin to use for their texting. The problems come in when you have no idea what a given phrase or acronym means, making you miss out on the fun or getting the sender’s intention. This guide opens your eyes to understanding the various meaning of “EW” on Facebook. We will give examples of each meaning such that when you see the term next time, you will have confidence in understanding what it means....