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The nation-state model is eroding and losing relevance, according to Jarrad Hope, author of “Farewell to Westphalia: Crypto Sovereignty and Post-Nation-State Governance” and co-founder of Logos, a project developing blockchain tools and decentralized digital infrastructure for network states, sovereign communities that exist in cyberspace.“Modern nation-states are nearly 380 years old, predating even the scientific discovery of oxygen and gravity,” Hope told Cointelegraph, adding that the internet and blockchain present new tools for organizing society that allow people to build across geographies.These tools include inflation-resistant decentralized digital currencies, immutable ledgers for tamper-free records, smart contract platforms for automated financial and legal…
Ethereum has been struggling to reclaim higher levels after losing the $3,100 mark earlier this week, as selling pressure and market-wide uncertainty continue to weigh on price action. Bulls are attempting to defend key support zones, but so far, momentum remains weak and upside recovery efforts have failed to gain traction. Despite this, no clear sign of a deeper breakdown has emerged, suggesting that the market could still be in a consolidation phase rather than entering a new bearish leg. Related Reading In the midst of this volatility, Sharplink Gaming — notably one of the first Nasdaq-listed companies to adopt…
Prediction markets are signaling declining confidence that the US Supreme Court will rule in favor of President Donald Trump’s sweeping tariff powers, with traders on regulated and crypto-native platforms reducing their exposure following the week’s developments. US-regulated event-market platform Kalshi showed Thursday that traders now assign a 29% chance that the Supreme Court will side with Trump, a 28-point drop in a single day. On Polymarket, Kalshi’s onchain competitor, where contracts are settled in USDC (USDC), the odds fell to 25%, reflecting a similar collapse in sentiment. The combined trading volume across both platforms surpassed $1.3 million, showing that traders participating in prediction…
Coming out of weeks of downtrend, the Ethereum price could be looking to establish the next bottom as it sets up for a campaign toward new all-time highs. This is highlighted by crypto analyst MMBTtrader, who explained that the Ethereum price crash could be coming to an end. This is evidenced by a number of formations on the Ethereum price chart that suggest where the next lift-off might begin. Ethereum Price Is Testing The Next Major Support In an analysis shared on the TradingView website, the crypto analyst explained that the Ethereum price is now testing the next crucial technical…
How can an exchange account get drained? Hackers can drain your crypto exchange account by gaining unauthorized access to your password or login credentials. This often happens through phishing links or malware that secretly steals your login credentials.Attackers may also exploit weak passwords, reused credentials from data breaches or SIM swaps to bypass two-factor authentication (2FA). Once they gain access, they transfer funds to anonymous wallets, often routing them through mixers or decentralized exchanges to hide their tracks.If you log in to your crypto exchange account and find your assets gone, it can be terrifying. In crypto trading, having your…
Crypto market-maker Wintermute said the digital asset market’s current cycle is being driven by “recycled liquidity,” as inflows from its three primary funding sources have slowed.In a Wednesday blog post, Wintermute argued that liquidity remains the defining force behind every crypto cycle. The market maker said that while blockchain continues to be adopted, the flow of fresh capital has decelerated in recent months. The company pointed to stablecoins, exchange-traded funds (ETFs) and digital asset treasuries (DATs) as the three major conduits for crypto liquidity, warning that liquidity inflow in all three has reached a plateau. Data shared by Wintermute showed that since…
The United Nations Development Programme (UNDP) plans to launch two initiatives aimed at helping countries adopt blockchain technology.Robert Pasicko, the leader of UNDP’s financial technology team, AltFinLab, told Cointelegraph at the UN City offices in Copenhagen, Denmark, that the organization plans to launch a blockchain education program for government officials alongside a blockchain advisory body. The initiative builds on the UNDP’s existing blockchain academy for UN staff, now aimed at helping governments implement blockchain in real-world applications.Pasicko said that “in a few weeks,” the new academy will begin operations and select four governments to work with. He expects formal approval…
While the rest of the crypto space has entered a slump, traders are banking on privacy tokens, with Zcash leading the charge. CoinMarketCap data shows that Zcash (ZEC) climbed to a high of $655 earlier Friday, reaching a market capitalization of about $10.6 billion. At the time of writing, the rally had cooled and retraced to $632, giving it a $10.3 billion valuation and positioning it as the 12th-largest crypto asset by market cap. ZEC is up by almost 23% in the last 24 hours and has increased in value by more than 63% in the last week, according to CoinMarketCap.The surge…
In February, the cryptocurrency ecosystem stood on the precipice of calamity. Hackers stole $1.5 billion of Ether from crypto exchange Bybit, the largest theft the industry had ever seen.Fears of a contagion-driven market collapse were alleviated by an industry-wide effort to plug the gap at Bybit, and within hours, the exchange regained control of the situation.The post-mortem revealed that Bybit’s routine transfer of Ether (ETH) between wallets had been captured by hackers. The attackers, believed to be North Korean Lazarus Group, compromised a SafeWallet developer machine, injecting malicious JavaScript into the user interface, which tricked Bybit’s multisignature process into approving…
Opinion by: Jake Antifaev, CEO of ThrustEvery token launch is a story about belief. Crypto narratives often romanticize early buyers as visionaries who saw potential when others didn’t. The reality is far less noble.The bonding curve, currently the dominant mechanism for price discovery in crypto, sets the stage: Price increases with each purchase, rewarding those who arrive early with the best entry point. On the surface, this seems fair.Early buyers, however, are not early believers. Speed of purchase reveals nothing about conviction or commitment to the project. What the bonding curve rewards is speed. And in crypto, speed is determined…
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