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CryptoCentralized.com
  • Home
  • Crypto News
    TRON to Align SELFDESTRUCT Behavior With Ethereum EIP-6780

    TRON to Align SELFDESTRUCT Behavior With Ethereum EIP-6780

    Aave Founder Responds After Trader’s $50M Loss

    Aave Founder Responds After Trader’s $50M Loss

    Algorand Powers Solar Panel Tokenization by Enel Energy

    Algorand Powers Solar Panel Tokenization by Enel Energy

    Ethereum’s Power is Being a Public Bulletin Board

    Ethereum’s Power is Being a Public Bulletin Board

    Solana Expands Cross-Chain Access as AVAX Launches

    Solana Expands Cross-Chain Access as AVAX Launches

    Ghana’s Central Bank Tests Stellar Creator Economy Payments

    Ghana’s Central Bank Tests Stellar Creator Economy Payments

    Cardano Releases Rosetta Java v2.1.0 with Conway Support

    Cardano Foundation Backs 50M ADA Proposal for Orion Fund

    Osmosis Aims to Align Cosmos Around ATOM as Core Asset

    Osmosis Aims to Align Cosmos Around ATOM as Core Asset

    Foundry Launches Institutional-Grade Mining Pool for Zcash

    Foundry Launches Institutional-Grade Mining Pool for Zcash

  • Bitcoin
    Bitcoin Miners’ AI Shift May Create Overhang: Lekker Capital CIO

    Bitcoin Miners’ AI Shift May Create Overhang: Lekker Capital CIO

    Trump’s Exclusive $TRUMP Dinner Fuels Rally – But For How Long?

    Trump’s Exclusive $TRUMP Dinner Fuels Rally – But For How Long?

    Cardano Just Saw A Large Spike In DeFi Activity, Why Is Price Still Struggling Below $0.3?

    Cardano Just Saw A Large Spike In DeFi Activity, Why Is Price Still Struggling Below $0.3?

    Ethereum Gains New Inflow Channel As BlackRock’s ETHB Starts Trading

    Ethereum Gains New Inflow Channel As BlackRock’s ETHB Starts Trading

    Bitcoin Price Nearing Bottom? Key Indicators Suggest End Of Downturn–Bloomberg

    Bitcoin Price Nearing Bottom? Key Indicators Suggest End Of Downturn–Bloomberg

    XRP Tests Macro Trendline As Market Eyes Next Expansion

    XRP Tests Macro Trendline As Market Eyes Next Expansion

    Why The Dogecoin EMA Is The Level That Will Determine The Next Price Move

    Why The Dogecoin EMA Is The Level That Will Determine The Next Price Move

    Pundit Shares What The XRP Float Is Likely To Be For Global Settlement

    Pundit Shares What The XRP Float Is Likely To Be For Global Settlement

    Bitcoin Wins As Trump Pumps GDP, Suppresses Oil: Arthur Hayes

    Bitcoin Is In A Value Zone, But Not Yet At Deep Value: Edwards

  • Ethereum
    MetaMask Developer ConsenSys Brings Layer 2 Blockchain ‘Linea’ To Ethereum Mainnet

    MetaMask Developer ConsenSys Brings Layer 2 Blockchain ‘Linea’ To Ethereum Mainnet

    Crypto Lender Celsius’ $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days

    Crypto Lender Celsius’ $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days

    Asymmetry, ‘ETF’ for Liquid Staking Tokens, Raises $3M Round From Ecco Capital, Ankr and Others

    Asymmetry, ‘ETF’ for Liquid Staking Tokens, Raises $3M Round From Ecco Capital, Ankr and Others

    Lido Community Weighing On-Chain Vote to Deploy Version 2 on Ethereum

    Lido Community Weighing On-Chain Vote to Deploy Version 2 on Ethereum

    EY Launches Ethereum-Based Carbon Emission Tracking Platform

    EY Launches Ethereum-Based Carbon Emission Tracking Platform

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

    Decentralized Exchange Vertex Launches on Ethereum Layer 2 Arbitrum

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

    Ethereum’s Shanghai Upgrade Spurs Institutional Investment Into Staking

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

    Ethereum’s Shanghai Upgrade on Deck; Developers, Traders Aflutter With Anticipation

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

  • Ripple
    XRP leverage collapses 78%, but $1.4B in ETF money still won’t leave because of Ripple’s expanding footprint

    XRP leverage collapses 78%, but $1.4B in ETF money still won’t leave because of Ripple’s expanding footprint

    XRP’s unrealized losses climb over $50 billion amid Oil price shock

    XRP’s unrealized losses climb over $50 billion amid Oil price shock

    XRP and XRPL get a credibility lift from Ripple’s expanding footprint

    XRP and XRPL get a credibility lift from Ripple’s expanding footprint

    XRP rewrites the playbook for altcoin ETF approvals to surge in late 2026 after a wave of futures listings

    XRP rewrites the playbook for altcoin ETF approvals to surge in late 2026 after a wave of futures listings

    Will XRP Ledger‘s (XRPL) success translate into a surge for XRP?

    Will XRP Ledger‘s (XRPL) success translate into a surge for XRP?

    XRP Ledger (XRPL) averts critical security flaw with AI

    XRP Ledger (XRPL) averts critical security flaw with AI

    SBI Holdings is dangling XRP to sell a plain three year bond, but the numbers show how small

    SBI Holdings is dangling XRP to sell a plain three year bond, but the numbers show how small

    Is Ripple eyeing AI-agent push for XRP Ledger (XRPL)?

    Is Ripple eyeing AI-agent push for XRP Ledger (XRPL)?

    XRP’s critical juncture signals potential recovery or prolonged repair

    XRP’s critical juncture signals potential recovery or prolonged repair

  • Altcoin
    Rep. Tom Emmer roasts Gary Gensler in fiery speech on the House floor

    Rep. Tom Emmer roasts Gary Gensler in fiery speech on the House floor

    HSBC to launch custody service for tokenized securities

    HSBC to launch custody service for tokenized securities

    Robinhood Q3 earnings report reveals plans to launch crypto services in EU

    Robinhood Q3 earnings report reveals plans to launch crypto services in EU

    Binance unveils self-custody web3 wallet

    Binance unveils self-custody web3 wallet

    ‘Keep Your Coins Act’ comes to US Senate amid push for crypto self-custody

    ‘Keep Your Coins Act’ comes to US Senate amid push for crypto self-custody

    Wintermute threatens lawsuit against Near Foundation over failed $11M stablecoin conversion

    Wintermute threatens lawsuit against Near Foundation over failed $11M stablecoin conversion

    Circle eyes IPO as USDC market dominance dips to two-year low

    Circle eyes IPO as USDC market dominance dips to two-year low

    Founder who suffered eye damage at Bored Ape Yacht Club event sends ‘formal legal notice’ to Yuga Labs

    Founder who suffered eye damage at Bored Ape Yacht Club event sends ‘formal legal notice’ to Yuga Labs

    Federal Reserve’s Michael Barr comments on stablecoin regulations, CBDCs

    Federal Reserve’s Michael Barr comments on stablecoin regulations, CBDCs

  • Blockchain
    Top Privacy Coins Poised to Lead the Next Crypto Bull Run

    Top Privacy Coins Poised to Lead the Next Crypto Bull Run

    Dogecoin Price Analysis: Is $DOGE’s $0.10 Level a Smart Entry or Market Trap?

    Dogecoin Price Analysis: Is $DOGE’s $0.10 Level a Smart Entry or Market Trap?

    Pepe Price Prediction – Best Meme Coin to Buy During Crypto Market Crash?

    Pepe Price Prediction – Best Meme Coin to Buy During Crypto Market Crash?

    How High Can $SHIB Go In The Next Crypto Rally?

    How High Can $SHIB Go In The Next Crypto Rally?

    Best Altcoins to Buy Now as Bitcoin Eyes Critical Moving Averages

    Best Altcoins to Buy Now as Bitcoin Eyes Critical Moving Averages

    Ethereum Price Prediction: Bearish Technicals Keep $ETH Under Pressure Near $2,700

    Ethereum Price Prediction: Bearish Technicals Keep $ETH Under Pressure Near $2,700

    Will 2026 Bring A Major Rally For $PEPE?

    Will 2026 Bring A Major Rally For $PEPE?

    Galaxy Digital, Multicoin Capital, Jump Crypto Eye $1B Solana Firm

    Solana Price Climbs 3.5% Amid Broader Market Volatility

    Trump Says New Fed Chair Will Cut Rates After Warsh Nomination

    Trump Says New Fed Chair Will Cut Rates After Warsh Nomination

  • Interviews
    TEN Protocol redefines Ethereum’s privacy with ‘compute in confidence’ approach

    TEN Protocol redefines Ethereum’s privacy with ‘compute in confidence’ approach

    Ardoino on building rails that won’t snap

    Ardoino on building rails that won’t snap

    Jeff Booth wants you to move more of your time into Bitcoin

    Jeff Booth wants you to move more of your time into Bitcoin

    Unified security layers may accelerate institutional crypto adoption

    Unified security layers may accelerate institutional crypto adoption

    Avail aims to revolutionize blockchain with a universal unification layer

    Avail aims to revolutionize blockchain with a universal unification layer

    why industry veteran Jameson Lopp sees apathy as the greatest threat

    why industry veteran Jameson Lopp sees apathy as the greatest threat

    Gracy Chen, the rare but glorious woman behind Bitget’s epic growth

    Gracy Chen, the rare but glorious woman behind Bitget’s epic growth

    SSV founder Alon Muroch on the ‘dangerous’ divergence affecting crypto’s number 2 coin

    SSV founder Alon Muroch on the ‘dangerous’ divergence affecting crypto’s number 2 coin

    The crypto industry’s ‘silent partners’, how Talos is quietly fueling institutional adoption

    The crypto industry’s ‘silent partners’, how Talos is quietly fueling institutional adoption

  • Trading
    Miss this warning and you too could lose 99.9% in one swap while Ethereum bots walk away with the rest

    Miss this warning and you too could lose 99.9% in one swap while Ethereum bots walk away with the rest

    Bitcoin outperforms gold and US stocks amid US-Iran war

    Bitcoin outperforms gold and US stocks amid US-Iran war

    Bitcoin avoids oil-shock selloff as Brent briefly reclaims $100

    Bitcoin avoids oil-shock selloff as Brent briefly reclaims $100

    TRUMP memecoin drops to all-time low as team dumps $32M token

    TRUMP memecoin drops to all-time low as team dumps $32M token

    US rising war costs further boosts Bitcoin’s financial refuge status

    US rising war costs further boosts Bitcoin’s financial refuge status

    Bitcoin rises above $70,000 as oil price retreat eases inflation fears

    Bitcoin rises above $70,000 as oil price retreat eases inflation fears

    Bitcoin signals economic concerns amid oil prices rising

    Bitcoin signals economic concerns amid oil prices rising

    Bitcoin’s $73,000 rally faces crucial test as momentum seeks shift

    Bitcoin’s $73,000 rally faces crucial test as momentum seeks shift

    Bitcoin miners’ AI pivot draws billion-dollar Wall Street bets

    Bitcoin miners’ AI pivot draws billion-dollar Wall Street bets

  • Regulation
    The Fed is readying to punish banks for holding Bitcoin as US crypto tensions boil over

    The Fed is readying to punish banks for holding Bitcoin as US crypto tensions boil over

    The SEC finally admits US crypto chaos was caused by its own regulatory turf wars

    The SEC finally admits US crypto chaos was caused by its own regulatory turf wars

    Bitcoin’s kimchi premium is on life support after South Korea targets Bithumb

    Bitcoin’s kimchi premium is on life support after South Korea targets Bithumb

    Kalshi’s Brazil prediction market launch lands in a country already fighting a betting addiction crisis

    Kalshi’s Brazil prediction market launch lands in a country already fighting a betting addiction crisis

    People traded $25B of crypto stock tokens that do not make them stockholders

    People traded $25B of crypto stock tokens that do not make them stockholders

    Cardano spent years looking slow. Now that may help it win in crypto’s rule-heavy era

    Cardano spent years looking slow. Now that may help it win in crypto’s rule-heavy era

    SEC pressure on crypto giants fades as Trump-linked project draws $75M from Justin Sun

    SEC pressure on crypto giants fades as Trump-linked project draws $75M from Justin Sun

    Refusing new IRS crypto tax forms could cost you your exchange account

    Refusing new IRS crypto tax forms could cost you your exchange account

    US lawmakers consider ban on prediction markets amid Iran bets

    US lawmakers consider ban on prediction markets amid Iran bets

  • Scams
    DOJ seizures of $580M expose how crypto investment scams scaled into shift work with quotas and scripts

    DOJ seizures of $580M expose how crypto investment scams scaled into shift work with quotas and scripts

    Coinbase claims arrest in the $355 million insider extortion scheme that targeted nearly 70,000 customers

    Coinbase claims arrest in the $355 million insider extortion scheme that targeted nearly 70,000 customers

    Binance CEO had WeChat hacked by cellphone exploit that likely leaves your own crypto exposed

    Binance CEO had WeChat hacked by cellphone exploit that likely leaves your own crypto exposed

    Polymarket faces major credibility crisis after whales forced a “YES” UFO vote without evidence

    Polymarket faces major credibility crisis after whales forced a “YES” UFO vote without evidence

    Top-ranked Chrome ‘wallet’ that steals your seedphrase

    Top-ranked Chrome ‘wallet’ that steals your seedphrase

    Will the UK sell newly seized $7.2B BTC, create Bitcoin treasury or pay victims?

    Will the UK sell newly seized $7.2B BTC, create Bitcoin treasury or pay victims?

    Crypto hacker falls victim to own scam losing $50 million to Inferno Drainer’s phishing attack

    Crypto hacker falls victim to own scam losing $50 million to Inferno Drainer’s phishing attack

    Crypto investor loses $3M in advanced phishing attack

    Crypto investor loses $3M in advanced phishing attack

    Solana trading bot Aqua allegedly rug pulls $4.65 million after major ecosystem endorsements

    Solana trading bot Aqua allegedly rug pulls $4.65 million after major ecosystem endorsements

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  • Home
  • Crypto News
    TRON to Align SELFDESTRUCT Behavior With Ethereum EIP-6780

    TRON to Align SELFDESTRUCT Behavior With Ethereum EIP-6780

    Aave Founder Responds After Trader’s $50M Loss

    Aave Founder Responds After Trader’s $50M Loss

    Algorand Powers Solar Panel Tokenization by Enel Energy

    Algorand Powers Solar Panel Tokenization by Enel Energy

    Ethereum’s Power is Being a Public Bulletin Board

    Ethereum’s Power is Being a Public Bulletin Board

    Solana Expands Cross-Chain Access as AVAX Launches

    Solana Expands Cross-Chain Access as AVAX Launches

    Ghana’s Central Bank Tests Stellar Creator Economy Payments

    Ghana’s Central Bank Tests Stellar Creator Economy Payments

    Cardano Releases Rosetta Java v2.1.0 with Conway Support

    Cardano Foundation Backs 50M ADA Proposal for Orion Fund

    Osmosis Aims to Align Cosmos Around ATOM as Core Asset

    Osmosis Aims to Align Cosmos Around ATOM as Core Asset

    Foundry Launches Institutional-Grade Mining Pool for Zcash

    Foundry Launches Institutional-Grade Mining Pool for Zcash

  • Bitcoin
    Bitcoin Miners’ AI Shift May Create Overhang: Lekker Capital CIO

    Bitcoin Miners’ AI Shift May Create Overhang: Lekker Capital CIO

    Trump’s Exclusive $TRUMP Dinner Fuels Rally – But For How Long?

    Trump’s Exclusive $TRUMP Dinner Fuels Rally – But For How Long?

    Cardano Just Saw A Large Spike In DeFi Activity, Why Is Price Still Struggling Below $0.3?

    Cardano Just Saw A Large Spike In DeFi Activity, Why Is Price Still Struggling Below $0.3?

    Ethereum Gains New Inflow Channel As BlackRock’s ETHB Starts Trading

    Ethereum Gains New Inflow Channel As BlackRock’s ETHB Starts Trading

    Bitcoin Price Nearing Bottom? Key Indicators Suggest End Of Downturn–Bloomberg

    Bitcoin Price Nearing Bottom? Key Indicators Suggest End Of Downturn–Bloomberg

    XRP Tests Macro Trendline As Market Eyes Next Expansion

    XRP Tests Macro Trendline As Market Eyes Next Expansion

    Why The Dogecoin EMA Is The Level That Will Determine The Next Price Move

    Why The Dogecoin EMA Is The Level That Will Determine The Next Price Move

    Pundit Shares What The XRP Float Is Likely To Be For Global Settlement

    Pundit Shares What The XRP Float Is Likely To Be For Global Settlement

    Bitcoin Wins As Trump Pumps GDP, Suppresses Oil: Arthur Hayes

    Bitcoin Is In A Value Zone, But Not Yet At Deep Value: Edwards

  • Ethereum
    MetaMask Developer ConsenSys Brings Layer 2 Blockchain ‘Linea’ To Ethereum Mainnet

    MetaMask Developer ConsenSys Brings Layer 2 Blockchain ‘Linea’ To Ethereum Mainnet

    Crypto Lender Celsius’ $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days

    Crypto Lender Celsius’ $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days

    Asymmetry, ‘ETF’ for Liquid Staking Tokens, Raises $3M Round From Ecco Capital, Ankr and Others

    Asymmetry, ‘ETF’ for Liquid Staking Tokens, Raises $3M Round From Ecco Capital, Ankr and Others

    Lido Community Weighing On-Chain Vote to Deploy Version 2 on Ethereum

    Lido Community Weighing On-Chain Vote to Deploy Version 2 on Ethereum

    EY Launches Ethereum-Based Carbon Emission Tracking Platform

    EY Launches Ethereum-Based Carbon Emission Tracking Platform

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

    Decentralized Exchange Vertex Launches on Ethereum Layer 2 Arbitrum

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

    Ethereum’s Shanghai Upgrade Spurs Institutional Investment Into Staking

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

    Ethereum’s Shanghai Upgrade on Deck; Developers, Traders Aflutter With Anticipation

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

    Polygon Partners With Salesforce for NFT-Based Loyalty Program

  • Ripple
    XRP leverage collapses 78%, but $1.4B in ETF money still won’t leave because of Ripple’s expanding footprint

    XRP leverage collapses 78%, but $1.4B in ETF money still won’t leave because of Ripple’s expanding footprint

    XRP’s unrealized losses climb over $50 billion amid Oil price shock

    XRP’s unrealized losses climb over $50 billion amid Oil price shock

    XRP and XRPL get a credibility lift from Ripple’s expanding footprint

    XRP and XRPL get a credibility lift from Ripple’s expanding footprint

    XRP rewrites the playbook for altcoin ETF approvals to surge in late 2026 after a wave of futures listings

    XRP rewrites the playbook for altcoin ETF approvals to surge in late 2026 after a wave of futures listings

    Will XRP Ledger‘s (XRPL) success translate into a surge for XRP?

    Will XRP Ledger‘s (XRPL) success translate into a surge for XRP?

    XRP Ledger (XRPL) averts critical security flaw with AI

    XRP Ledger (XRPL) averts critical security flaw with AI

    SBI Holdings is dangling XRP to sell a plain three year bond, but the numbers show how small

    SBI Holdings is dangling XRP to sell a plain three year bond, but the numbers show how small

    Is Ripple eyeing AI-agent push for XRP Ledger (XRPL)?

    Is Ripple eyeing AI-agent push for XRP Ledger (XRPL)?

    XRP’s critical juncture signals potential recovery or prolonged repair

    XRP’s critical juncture signals potential recovery or prolonged repair

  • Altcoin
    Rep. Tom Emmer roasts Gary Gensler in fiery speech on the House floor

    Rep. Tom Emmer roasts Gary Gensler in fiery speech on the House floor

    HSBC to launch custody service for tokenized securities

    HSBC to launch custody service for tokenized securities

    Robinhood Q3 earnings report reveals plans to launch crypto services in EU

    Robinhood Q3 earnings report reveals plans to launch crypto services in EU

    Binance unveils self-custody web3 wallet

    Binance unveils self-custody web3 wallet

    ‘Keep Your Coins Act’ comes to US Senate amid push for crypto self-custody

    ‘Keep Your Coins Act’ comes to US Senate amid push for crypto self-custody

    Wintermute threatens lawsuit against Near Foundation over failed $11M stablecoin conversion

    Wintermute threatens lawsuit against Near Foundation over failed $11M stablecoin conversion

    Circle eyes IPO as USDC market dominance dips to two-year low

    Circle eyes IPO as USDC market dominance dips to two-year low

    Founder who suffered eye damage at Bored Ape Yacht Club event sends ‘formal legal notice’ to Yuga Labs

    Founder who suffered eye damage at Bored Ape Yacht Club event sends ‘formal legal notice’ to Yuga Labs

    Federal Reserve’s Michael Barr comments on stablecoin regulations, CBDCs

    Federal Reserve’s Michael Barr comments on stablecoin regulations, CBDCs

  • Blockchain
    Top Privacy Coins Poised to Lead the Next Crypto Bull Run

    Top Privacy Coins Poised to Lead the Next Crypto Bull Run

    Dogecoin Price Analysis: Is $DOGE’s $0.10 Level a Smart Entry or Market Trap?

    Dogecoin Price Analysis: Is $DOGE’s $0.10 Level a Smart Entry or Market Trap?

    Pepe Price Prediction – Best Meme Coin to Buy During Crypto Market Crash?

    Pepe Price Prediction – Best Meme Coin to Buy During Crypto Market Crash?

    How High Can $SHIB Go In The Next Crypto Rally?

    How High Can $SHIB Go In The Next Crypto Rally?

    Best Altcoins to Buy Now as Bitcoin Eyes Critical Moving Averages

    Best Altcoins to Buy Now as Bitcoin Eyes Critical Moving Averages

    Ethereum Price Prediction: Bearish Technicals Keep $ETH Under Pressure Near $2,700

    Ethereum Price Prediction: Bearish Technicals Keep $ETH Under Pressure Near $2,700

    Will 2026 Bring A Major Rally For $PEPE?

    Will 2026 Bring A Major Rally For $PEPE?

    Galaxy Digital, Multicoin Capital, Jump Crypto Eye $1B Solana Firm

    Solana Price Climbs 3.5% Amid Broader Market Volatility

    Trump Says New Fed Chair Will Cut Rates After Warsh Nomination

    Trump Says New Fed Chair Will Cut Rates After Warsh Nomination

  • Interviews
    TEN Protocol redefines Ethereum’s privacy with ‘compute in confidence’ approach

    TEN Protocol redefines Ethereum’s privacy with ‘compute in confidence’ approach

    Ardoino on building rails that won’t snap

    Ardoino on building rails that won’t snap

    Jeff Booth wants you to move more of your time into Bitcoin

    Jeff Booth wants you to move more of your time into Bitcoin

    Unified security layers may accelerate institutional crypto adoption

    Unified security layers may accelerate institutional crypto adoption

    Avail aims to revolutionize blockchain with a universal unification layer

    Avail aims to revolutionize blockchain with a universal unification layer

    why industry veteran Jameson Lopp sees apathy as the greatest threat

    why industry veteran Jameson Lopp sees apathy as the greatest threat

    Gracy Chen, the rare but glorious woman behind Bitget’s epic growth

    Gracy Chen, the rare but glorious woman behind Bitget’s epic growth

    SSV founder Alon Muroch on the ‘dangerous’ divergence affecting crypto’s number 2 coin

    SSV founder Alon Muroch on the ‘dangerous’ divergence affecting crypto’s number 2 coin

    The crypto industry’s ‘silent partners’, how Talos is quietly fueling institutional adoption

    The crypto industry’s ‘silent partners’, how Talos is quietly fueling institutional adoption

  • Trading
    Miss this warning and you too could lose 99.9% in one swap while Ethereum bots walk away with the rest

    Miss this warning and you too could lose 99.9% in one swap while Ethereum bots walk away with the rest

    Bitcoin outperforms gold and US stocks amid US-Iran war

    Bitcoin outperforms gold and US stocks amid US-Iran war

    Bitcoin avoids oil-shock selloff as Brent briefly reclaims $100

    Bitcoin avoids oil-shock selloff as Brent briefly reclaims $100

    TRUMP memecoin drops to all-time low as team dumps $32M token

    TRUMP memecoin drops to all-time low as team dumps $32M token

    US rising war costs further boosts Bitcoin’s financial refuge status

    US rising war costs further boosts Bitcoin’s financial refuge status

    Bitcoin rises above $70,000 as oil price retreat eases inflation fears

    Bitcoin rises above $70,000 as oil price retreat eases inflation fears

    Bitcoin signals economic concerns amid oil prices rising

    Bitcoin signals economic concerns amid oil prices rising

    Bitcoin’s $73,000 rally faces crucial test as momentum seeks shift

    Bitcoin’s $73,000 rally faces crucial test as momentum seeks shift

    Bitcoin miners’ AI pivot draws billion-dollar Wall Street bets

    Bitcoin miners’ AI pivot draws billion-dollar Wall Street bets

  • Regulation
    The Fed is readying to punish banks for holding Bitcoin as US crypto tensions boil over

    The Fed is readying to punish banks for holding Bitcoin as US crypto tensions boil over

    The SEC finally admits US crypto chaos was caused by its own regulatory turf wars

    The SEC finally admits US crypto chaos was caused by its own regulatory turf wars

    Bitcoin’s kimchi premium is on life support after South Korea targets Bithumb

    Bitcoin’s kimchi premium is on life support after South Korea targets Bithumb

    Kalshi’s Brazil prediction market launch lands in a country already fighting a betting addiction crisis

    Kalshi’s Brazil prediction market launch lands in a country already fighting a betting addiction crisis

    People traded $25B of crypto stock tokens that do not make them stockholders

    People traded $25B of crypto stock tokens that do not make them stockholders

    Cardano spent years looking slow. Now that may help it win in crypto’s rule-heavy era

    Cardano spent years looking slow. Now that may help it win in crypto’s rule-heavy era

    SEC pressure on crypto giants fades as Trump-linked project draws $75M from Justin Sun

    SEC pressure on crypto giants fades as Trump-linked project draws $75M from Justin Sun

    Refusing new IRS crypto tax forms could cost you your exchange account

    Refusing new IRS crypto tax forms could cost you your exchange account

    US lawmakers consider ban on prediction markets amid Iran bets

    US lawmakers consider ban on prediction markets amid Iran bets

  • Scams
    DOJ seizures of $580M expose how crypto investment scams scaled into shift work with quotas and scripts

    DOJ seizures of $580M expose how crypto investment scams scaled into shift work with quotas and scripts

    Coinbase claims arrest in the $355 million insider extortion scheme that targeted nearly 70,000 customers

    Coinbase claims arrest in the $355 million insider extortion scheme that targeted nearly 70,000 customers

    Binance CEO had WeChat hacked by cellphone exploit that likely leaves your own crypto exposed

    Binance CEO had WeChat hacked by cellphone exploit that likely leaves your own crypto exposed

    Polymarket faces major credibility crisis after whales forced a “YES” UFO vote without evidence

    Polymarket faces major credibility crisis after whales forced a “YES” UFO vote without evidence

    Top-ranked Chrome ‘wallet’ that steals your seedphrase

    Top-ranked Chrome ‘wallet’ that steals your seedphrase

    Will the UK sell newly seized $7.2B BTC, create Bitcoin treasury or pay victims?

    Will the UK sell newly seized $7.2B BTC, create Bitcoin treasury or pay victims?

    Crypto hacker falls victim to own scam losing $50 million to Inferno Drainer’s phishing attack

    Crypto hacker falls victim to own scam losing $50 million to Inferno Drainer’s phishing attack

    Crypto investor loses $3M in advanced phishing attack

    Crypto investor loses $3M in advanced phishing attack

    Solana trading bot Aqua allegedly rug pulls $4.65 million after major ecosystem endorsements

    Solana trading bot Aqua allegedly rug pulls $4.65 million after major ecosystem endorsements

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Should We Let Facebook/Meta Rule The Metaverse Too?

October 31, 2021
in Crypto News
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Marcus Carter, Senior Lecturer in Digital Cultures, SOAR Fellow, University of Sydney, and Ben Egliston, Postdoctoral research fellow, Digital Media Research Centre, Queensland University of Technology.

Facebook chief executive Mark Zuckerberg has announced the company will change its name to Meta, saying the move reflects the fact the company is now much broader than just the social media platform (which will still be called Facebook).

The rebrand follows several months of intensifying discourse by Zuckerberg and the company more broadly on the metaverse – the idea of integrating real and digital worlds ever more seamlessly, using technologies such as virtual reality (VR) and augmented reality (AR).

Zuckerberg said he hoped the metaverse will be a new ecosystem that will create millions of jobs for content creators.

But is this just a shallow PR exercise, with Zuckerberg trying to reset the Facebook brand after several scandal-ridden years, or is it a genuine bid to set the company on course for what he sees as the future of computing?

Facebook’s journey into the metaverse

What’s not in contention is that this is the culmination of seven years of corporate acquisitions, investments and research that kicked off with Facebook’s acquisition of VR headset company Oculus for USD 2bn in 2014.

Oculus had risen to prominence with a lucrative Kickstarter campaign, and many of its backers were angry that their support for the “future of gaming” had been co-opted by Silicon Valley.

While gamers fretted that Facebook would give them VR versions of Farmville rather than the hardcore content they envisioned, cynics viewed the purchase as part of a spending spree after Facebook’s USD 16bn stock market launch, or simply Zuckerberg indulging a personal interest in gaming.

Under Facebook, Oculus has gone on to dominate the VR market with over 60% market share. That’s thanks to heavy cross-subsidisation from Facebook’s advertising business and a console-like approach with the mobile “Quest” VR headset.

Delegates at a 2018 Facebook developer conference get to grips with the Oculus Go headset. Marcio Jose Sanchez/AP

Beyond Oculus, Facebook has invested heavily in VR and AR. Organized under the umbrella of Facebook Reality Labs, there are nearly 10,000 people working on these technologies – almost 20% of Facebook’s workforce. Last week, Facebook announced plans to hire another 10,000 developers in the European Union to work on its metaverse computing platform.

While much of its work remains behind closed doors, Facebook Reality Labs’ publicised projects include Project Aria, which seeks to create live 3D maps of public spaces, and the recently released Ray-Ban Stories – Facebook-integrated sunglasses with 5-megapixel cameras and voice control.


Read more: Ray-Ban Stories let you wear Facebook on your face. But why would you want to?


All these investments and projects are steps towards the infrastructure for Zuckerbeg’s vision of the metaverse. As he said earlier in the year:

I think it really makes sense for us to invest deeply to help shape what I think is going to be the next major computing platform.

Why does Facebook want to rule the metaverse?

The metaverse may eventually come to define how we work, learn and socialise. This means VR and AR would move beyond their current niche uses, and become everyday technologies on which we will all depend.

We can guess at Facebook’s vision for the metaverse by looking to its existing approach to social media. It has moulded our online lives into a gigantic revenue stream based on power, control and surveillance, fuelled by our data.

VR and AR headsets collect enormous amounts of data about the user and their environment. This is one of the key ethical issues around these emerging technologies, and presumably one of the chief attractions for Facebook in owning and developing them.


Read more: Facebook’s virtual reality push is about data, not gaming


What makes this particularly concerning is that the way you move your body is so unique that VR data can be used to identify you, rather like a fingerprint. That means everything you do in VR could potentially be traced back to your individual identity. For Facebook – a digital advertising empire built on tracking our data – it’s a tantalizing prospect.

Sign bearing the new brand outside Meta's headquarters
Facebook is aiming to shape the metaverse in much the same way it gained a stranglehold on the social media economy. Tony Avelar/AP

Alongside Project Aria, Facebook launched its Responsible Innovation Principles, and recently pledged USD 50m to “build the metaverse responsibly”.

But, as Catherine D’Ignazio and Lauren Klein note in their book Data Feminism, responsible innovation is often focused on individualized concepts of harm, rather than addressing the structural power imbalances baked into technologies such as social media.

In our studies of Facebook’s Oculus Imaginary (Facebook’s vision for how it will use Oculus technology) and its changes over time to Oculus’ privacy and data policies, we suggest Facebook publicly frames privacy in VR as a question of individual privacy (over which users can have control) versus surveillance and data harvesting (over which we don’t).

Critics have derided Facebook’s announcements as “privacy theatre” and corporate spin. Digital rights advocacy group Access Now, which participated in a Facebook AR privacy “design jam” in 2020 and urged Facebook to prioritize alerting bystanders they were being recorded by Ray-Ban Stories, says its recommendation was ignored.

Is the internet a blueprint for an open metaverse?

Appropriately enough, the metaverse under Facebook is likely to resemble the term’s literary origins, coined in Neal Stephenson’s 1992 novel Snow Crash to describe an exploitative, corporatized, hierarchical virtual space.

But it doesn’t have to be this way. Tony Parisi, one of the early pioneers of VR, argues we already have a blueprint for a non-dystopian metaverse. He says we should look back to the original, pre-corporatized vision of the internet, which embodied “an open, collaborative and consensus-driven way to develop technologies and tools”.

Facebook’s rebrand, its dominance in the VR market, its seeming desire to hire every VR and AR developer in Europe, and its dozens of corporate acquisitions – all this sounds less like true collaboration and consensus, and more like an attempt to control the next frontier of computing.

We let Facebook rule the world of social media. We shouldn’t let it rule the metaverse.The Conversation

This article is republished from The Conversation under a Creative Commons license. Read the original article.

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