Tag: cryptocurrency

PENGU's Upbit Listing: A Win for Southeast Asian Crypto?

PENGU's Upbit Listing: A Win for Southeast Asian Crypto?

• Commentary

Let's be honest, the crypto world sometimes feels like a Silicon Valley boys' club. Big money, big egos and a whole lotta projects that look like they’re intended to enrich people who are already rich. Then the really cool stuff happens, like PENGU being newly listed on Upbit. Compounding that...

PENGU's Pump: Is This Just Another Meme Coin Bubble?

PENGU's Pump: Is This Just Another Meme Coin Bubble?

• Commentary

PENGU’s price skyrocketing, Upbit’s listing sparked the fuse, and the market cap is all but playing footsie with a billion dollars. Sounds exciting, right? Maybe. But as someone who's covered the blockchain space for years, I can't help but feel a knot of anxiety tightening in my stomach. We've seen...

Is Edge Matrix & Colabs a Real NFT Revolution or Just Hype?

Is Edge Matrix & Colabs a Real NFT Revolution or Just Hype?

• Commentary

Edge Matrix and CoLabs, huh? Well, well, well…another day, another “revolutionary” partnership aiming to change the future of NFTs. Lower costs, quicker processing, multi-chain compatibility – it’s all the typical jargon. As a blockchain journalist, I’ve watched this movie before. Let's dig deeper. Is this really a moonshot, too, as...

Drink-to-Earn's Regulatory Hangover? The Unseen Risks Behind Abstract Apple's NFT Buzz

Drink-to-Earn's Regulatory Hangover? The Unseen Risks Behind Abstract Apple's NFT Buzz

• Commentary

Rekt Brands' Abstract Apple sold out, huh? 220,000 cans evaporated in a crypto-power-chugging-vape-cloud instant, powered by crypto speculation and the allure of DRANK points. You may assume this is just another bizarre crypto gimmick, like Bored Ape burgers or Snoop Dogg nuts. I find something much more depressing bubbling under...

Nike Faces Lawsuit Over Devalued RTFKT NFTs Amidst Web3 Struggles

Nike Faces Lawsuit Over Devalued RTFKT NFTs Amidst Web3 Struggles

• NFT Drops

This latest lawsuit is the second class-action Nike is fighting at the moment. Owners of RTFKT NFTs bringing the class action suit allege that their digital assets have substantially devalued. This legal challenge further paints the picture of the challenges Nike has faced since their entry into the Web3 world....

Nike's NFT Nightmare: A Warning Shot for Web3 Regulation?

Nike's NFT Nightmare: A Warning Shot for Web3 Regulation?

• Commentary

Nike's stumble in the NFT space with RTFKT isn't just a brand fumble. It's a glaring red flag signaling the urgent need for carefully considered Web3 regulation. According to the plaintiffs, RTFKT NFTs constitute unregistered securities in violation of U.S. This case is about more than digital sneakers—this case threatens...

Drink-to-Earn: Is NFT Sparkling Water the Future of Loyalty?

Drink-to-Earn: Is NFT Sparkling Water the Future of Loyalty?

• Facts

My company Rekt Brands recently released a new product, “Abstract Apple,” a sparkling water that’s infused with adaptogens and nootropics. They’ve tied this awesome new product to the colorful world of NFTs and crypto rewards. This move raises a critical question: Is this a glimpse into the future of brand...

NFT TCGs are Here to Stay, But Regulation Remains the Wild Card

NFT TCGs are Here to Stay, But Regulation Remains the Wild Card

• Commentary

Look, I get it. You're probably tired of hearing about NFTs. As pixelated punks and bored apes dance in your head, perhaps accompanied by the faint whiff of rug pulls, do not dismiss NFT Trading Card Games (TCGs) at your peril. They aren’t a fad. More than anything else, they...

Stablecoin Delay: Is US Regulatory Gridlock Ceding Financial Power to China?

Stablecoin Delay: Is US Regulatory Gridlock Ceding Financial Power to China?

• Commentary

The US Senate has recently kicked the can down the road on stablecoin regulation. Again. While politicians bicker over the minutiae, a chilling question hangs in the air: Are we handing China the keys to the future of finance?So Ripple CEO Brad Garlinghouse is right to sound the alarm. He...

US Stablecoin Lag: Ripple CEO's Urgent Call to Action

US Stablecoin Lag: Ripple CEO's Urgent Call to Action

• Facts

The United States now risks being left behind in the global race to regulate stablecoins. The lack of action may bring about dire economic and geopolitical effects. Meanwhile, other countries and regions—including the European Union—are leading the way, adopting robust frameworks. At the same time, lack of regulatory clarity in...

DeGods Founder Steps Down! What's Next for the NFT Project?

So DeGods NFT project is at a really interesting inflection point. DeGoogled now Immutable CEO Rohun Vora, better known by his pseudonym DeGods, has resigned as CEO after three years running the ship. Leadership is changing. Reinforcing that trend, DeGods NFT sales are blasting off, particularly on Ethereum. This shift...

DeGods' Drama Signals NFT Market's Maturation Or Just Another Exit Scam?

Frank's out. Rohun Vora, the figure who became the face of DeGods, is leaving his role. After three years, he’s passing the reins over to 0x_chill and Pastagotsauce. Fine. People move on. The timing reeks. On that fourth front, Solana sales have increased 101%. At the same time, Ethereum sales...

DeGods' Frank Out! Can New Leadership Revive the NFT Project?

Frank DeGods, the face and CEO of the DeGods NFT project, has stepped down after three years at the helm. His departure presents a turning point for the highly criticized project. While DOT’s fate hangs in the balance, could this agency be revitalized by new leadership? This comes after a...

DeGods' Frank Exit: A Warning Sign for Web3's 'Cult of Personality'?

Frank DeGods is out. Poof. And just like that, one of the most iconic characters of the NFT space has departed. While some are celebrating fresh blood and a new direction for DeGods, I can't help but see this as a flashing neon sign screaming about a problem festering within...

Frank DeGods Departs as DeGods CEO, Paving Way for New Leadership

Frank, best known in the Web3 ecosystem as Frank Vora—the name he uses on X, formerly Twitter—has officially resigned as CEO in order to focus on building…whatever comes next. He was integral to the success of the DeGods NFT project. Co-founded by Frank in 2021, DeGods has been a fascinating...

DeGods' Founder Quits: Is This the End of NFT Hype or a Smart Pivot?

Frank DeGods is out. After three years at the helm of DeGods, Rohun Vora has stepped down, leaving many in the NFT space scratching their heads. 0x_chill and Pastagotsauce are both really at the helm—that’s a part of what has made these communities powerful. Sales are booming on both Solana...

DeGods Founder Frank DeGods Steps Down Amidst Sales Surge

Frank DeGods, the founder of the famous Solana-based NFT collection DeGods, has just dropped a huge bomb. After three short yet impactful years, he is now leaving his post as CEO. Under these circumstances, the leadership change couldn’t come at a better moment. Soaring sales on both the DeGods NFTs’...

SEC's Crypto Overhaul: Will It Unleash Southeast Asia's Web3 Potential?

Paul Atkins' call for a crypto policy overhaul at the SEC isn't just about Wall Street. It's about the forgotten voices of Southeast Asia. While the US debates becoming the "crypto capital," a vibrant Web3 revolution is already brewing in the region, and the SEC's actions could either fuel its...