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FTX Launches $2 Billion Web3 Venture Fund Led by Lightspeed’s Amy Wu

Wu plans wide-ranging crypto and blockchain investments for FTX Ventures, and will also oversee FTX’s gaming business.

Wikipedia Editors Voted Against Classifying NFTs as Art

Wikipedia Editors Voted Against Classifying NFTs as Art

A group of Wikipedia editors has voted against categorizing non-fungible tokens (NFTs) as a form of art-at least for now. A debate started on the platform last month on ‘the most expensive art sales by living artists’ and whether NFT art sales should be deemed as ‘art sales’ or ‘NFT sales.’ The discussion involved whether an NFT represented the art or was just a token that was separate from the underlying art. “Wikipedia really can’t be in the business of deciding what counts as art or not, which is why putting NFTs, art or not, in their own list makes things a lot simpler. NFTs have their own list, which should be linked in the article, and entries generally shouldn’t be listed in both,” editor “jonas” wrote. Out of the six editors, five voted against classifying NFTs as art. For the time being, the discussion has been shelved until a later date. Since anybody can write on Wikipedia, perhaps members of the NFT community could contribute to the classification debate. According to Wikipedia’s guidelines, neither unanimity nor a vote is required to form a consensus. Instead, the group must confirm that the participating editor’s legitimate concerns fall within the platform’s policies. Meanwhile, the lone editor who voted otherwise pointed out that even large publications, including the New York Times, had referred to Beeple as the ‘third-highest selling artist alive’ following his record-breaking NFT sale. In fact, Griffin Cock Foster, the co-founder of NFT marketplace Nifty Gateway took to Twitter to say: “Wikipedia is a global source of truth. Having NFTs categorized as ‘not art’ would be a disaster!” 🚨 Art Emergency!! 🚨 There is a debate happening rn on @Wikipedia that has the potential to * officially categorize NFTs as ‘not art’ on all of Wikipedia. * Wikipedia is a global source of truth. Having NFTs categorized as ‘not art’ would be a disaster! 🧵: — Duncan Cock Foster (@DCCockFoster) January 12, 2022 Responding to Griffin, Everipedia, a decentralized equivalent of Wikipedia stated that it’s time to move towards decentralized alternatives which supports art and innovation: “Everipedia editors have created over 100 pages on #NFT collections while Wikipedia is moving to mark NFTs as ‘not art’ across their platform. It’s time for NFT projects to move to Everipedia $IQ, a Web 3.0 encyclopedia which supports art and innovation.” Everipedia editors have created over 100 pages on #NFT collections while Wikipedia is moving to mark NFTs as "not art" across their platform. It's time for NFT projects to move to Everipedia $IQ, a Web 3.0 encyclopedia which supports art and innovation.https://t.co/tL5beVDCN9 https://t.co/SsNFoQmyBd — Everipedia (@Everipedia) January 12, 2022

The post Wikipedia Editors Voted Against Classifying NFTs as Art appeared first on Cryptoknowmics-Crypto News and Media Platform.

CAD higher ahead of US retail sales

The Canadian dollar is in positive territory and continues to have an excellent week, with gains of 1.28%. The currency is back below 1.25 and is looking to close below this symbolic line for the first time since mid-November. This week’s robust rally by the Canadian dollar is more a case of greenback weakness rather than […]

Russian Tinkoff bank acquires stake in Swiss Aximetria

Russian bank Tinkoff has revealed it purchased a stake in Swiss digital company Aximetria. TCS Group Holding, the owner of Tinkoff, hasn’t announced the exact numbers but, according to unofficial sources, the group may now hold approximately 83.

Lessons From The Attack On Tinyman, Largest DEX On Algorand

Read Time: 4 minutes Crypto hacks continue in 2022 as hackers attack vulnerabilities within different networks, adding to millions of stolen assets. The Algorand community began the year on a sour note following an attack on their decentralized exchange that led to the loss of about $3 million worth of assets. According to reports, on January 1, 2022, unauthorized …

Lessons From The Attack On Tinyman, Largest DEX On Algorand Read More »

The post Lessons From The Attack On Tinyman, Largest DEX On Algorand appeared first on Blog.quillhash.

Is Shiba Inu (SHIB) Price On Way To Breach January Highs, A Breakout Above $0.000033 Is On Cards

After surging 26% since January 10th, the meme coin Shiba Inu (SHIB) price trades near the crucial level. A break above  January’s high of $0.000033 could set the next upside at the level of $0.000035. Shiba Inu continues to capitalize on the previous session’s gains. Dog-based meme token Shiba Inu surges 17% from the previous

The post Is Shiba Inu (SHIB) Price On Way To Breach January Highs, A Breakout Above $0.000033 Is On Cards appeared first on CoinGape.

Pegasus spyware monitored journalists critical of Bukele’s Bitcoin plan

Pegasus spyware was found on 35 journalists' phones from El Faro, one of the only major outlets in El Salvador to criticize its president.

The post Pegasus spyware monitored journalists critical of Bukele’s Bitcoin plan appeared first on Protos.

Gitcoin Revives Debate Over Quadratic Funding with New Dev Protocol

Gitcoin's new quadratic funding offering is stimulating fresh debate about the novel mechanism.

Learn to Play Bitcoin Casino Games at Top Betting Sites

If you’re a huge fan of cryptocurrencies, how come you haven’t tried betting with Bitcoin yet? Perhaps you have but just aren’t sure of the steps you need to take to get started? Whatever the reason, we’re here to help you get on the path to spinning the reels of top slots and playing a...

The post Learn to Play Bitcoin Casino Games at Top Betting Sites appeared first on Live Bitcoin News.

Japanese yen extends gains

The Japanese yen continues to roll, with gains for a third successive day. USD/JPY has fallen below the 114 line and is now at its lowest level since December 21st. The yen has enjoyed an outstanding week, as USD/JPY is down 1.42%, its sharpest one-week decline since June 2020. Only a week ago, the USD/JPY […]

Moody’s says Bitcoin trades increase El Salvador’s credit risk

Moody’s has said that El Salvador’s Bitcoin trades represent extra risk to a sovereign credit outlook. According to the company’s analyst, Jaime Reusche, the country’s credit outlook was already weak and showing growing signs of failure.

Gold – Holding firm despite higher rates

OANDA Senior Market Analyst Craig Erlam discusses gold as it tests key resistance despite yields rising in anticipation of higher interest rates this year.

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