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Weekend Wrap: Bitcoin could return to $10K, warns McGlone, Aptos buddies with Lotte and more

Bloomberg Intelligence’s Mike McGlone thinks we may be in for a "global economic reset" that could send Bitcoin down to $10,000.

Continue ReadingWeekend Wrap: Bitcoin could return to $10K, warns McGlone, Aptos buddies with Lotte and more

While Friend.tech booms, decentralized social has a retention problem — Execs

Decentralized social network Friend.tech may be booming right now, but execs say decentralized social media apps still have an onboarding and retention issue to fix.

Continue ReadingWhile Friend.tech booms, decentralized social has a retention problem — Execs

Weekend Wrap: $50M NFT platform shutters, OpenSea’s ‘HUGE mistake’ and more

The closing of NFT project Recur comes two years after it was valued at $333 million and had the backing of an Ethereum co-founder, the Winklevoss twins and Gary Vee.

Continue ReadingWeekend Wrap: $50M NFT platform shutters, OpenSea’s ‘HUGE mistake’ and more

Friend.tech hype unsustainable? Critics give it only months to live

Most crypto industry heavyweights have been bullish about the new decentralized social media app friend.tech, but some critics warn it's getting too hot too quickly.

Continue ReadingFriend.tech hype unsustainable? Critics give it only months to live