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Tuesday, March 10, 2026
CryptoCentralized.com
  • Home
  • Crypto News
    Zcash Wallet Zashi Rebrands to Zodl After ECC Split

    ZEC Jumps as Largest Zcash-Focused Funding Round Closes

    TRON Targets AI Infrastructure as Top Priority for 2026

    TRON Teams Up With Circle in Linux Foundation AI Initiative

    Solana Powers First Insurance Settlement Using Stablecoins

    Solana Powers First Insurance Settlement Using Stablecoins

    Buterin Reveals Ethereum Foundation Is Staking 72K ETH

    Buterin Reveals Ethereum Foundation Is Staking 72K ETH

    IOTA Focuses on Gov’t and Institutional Adoption in 2026

    IOTA Focuses on Gov’t and Institutional Adoption in 2026

    Cardano Releases Rosetta Java v2.1.0 with Conway Support

    Cardano Launches Programmable Tokens With CIP-0113 Standard

    Cardano Foundation Votes YES on 300M ADA Net Change Limit

    Cardano Foundation Votes YES on 300M ADA Net Change Limit

    Pi Network Announces Critical Protocol Upgrade Path for 2026

    PI Token Remains Bullish as Pi Day Anticipation Grows

    Most XRP in Loss, What It Means for Investors

    Most XRP in Loss, What It Means for Investors

  • Bitcoin
    Bitcoin Short Bets Surge—Will Bears Get Squeezed?

    Bitcoin Short Bets Surge—Will Bears Get Squeezed?

    Bitcoin Mirrors Software Stocks More Than Any Other Market — Here’s Why

    Bitcoin S2F Model Says BTC Price Is Headed To $500,000, Here’s When

    Bitcoin Just Entered The DCA Zone Again, Why This Is A Good Time To Buy

    Bitcoin Just Entered The DCA Zone Again, Why This Is A Good Time To Buy

    Bitcoin Stabilizes, But Glassnode Warns Spot Demand Is Still Weak

    Bitcoin Stabilizes, But Glassnode Warns Spot Demand Is Still Weak

    Bitcoin Is Repeating 2022 Playbook That Triggered Crash To $17,500

    Bitcoin Is Repeating 2022 Playbook That Triggered Crash To $17,500

    BitMine Acquires 60,000 ETH; Chair Discusses Outlook For Ethereum And Crypto Prices

    Dogecoin Soars 6.5% After Elon Musk’s Post, Imminent Breakout?

    Dogecoin Risks More Pain – Analyst Warns Of 37% Breakdown

    Bitcoin’s Valuation Model Hints At $500K Cycle Average: Analyst

    Bitcoin’s Valuation Model Hints At $500K Cycle Average: Analyst

    Saylor Reloads? Bitcoin Buy Signal Appears As BTC Nears $67K

    Saylor Reloads? Bitcoin Buy Signal Appears As BTC Nears $67K

  • 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’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

    XRP finds new life in lending and regulated markets amid BTC stall

    XRP finds new life in lending and regulated markets amid BTC stall

  • 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
    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

    Israel’s weekly $3B Iran war cost equals over 41,000 Bitcoin

    Israel’s weekly $3B Iran war cost equals over 41,000 Bitcoin

    Bitcoin investors may not need altcoins to diversify if tokenized stocks move on-chain

    Bitcoin investors may not need altcoins to diversify if tokenized stocks move on-chain

    Bitcoin hit $74k — but losing $70k could send it back toward $60k

    Bitcoin hit $74k — but losing $70k could send it back toward $60k

    Here’s why Bitcoin price could maintain strength above $70,000

    Here’s why Bitcoin price could maintain strength above $70,000

    Bitcoin surges past $71,000 during a record South Korean stock market crash of 18% this week

    Bitcoin surges past $71,000 during a record South Korean stock market crash of 18% this week

  • Regulation
    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

    Bitcoin volatility could explode in April as SEC reviews the market behind ETF leverage

    Bitcoin volatility could explode in April as SEC reviews the market behind ETF leverage

    Crypto firm Kraken secures direct link to Federal Reserve payments

    Crypto firm Kraken secures direct link to Federal Reserve payments

    White House stablecoin deadline slips as CLARITY Act stalls

    White House stablecoin deadline slips as CLARITY Act stalls

    200 insider trading probes opened on Kalshi and one quiet change could remake prediction markets overnight

    200 insider trading probes opened on Kalshi and one quiet change could remake prediction markets overnight

  • 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
    Zcash Wallet Zashi Rebrands to Zodl After ECC Split

    ZEC Jumps as Largest Zcash-Focused Funding Round Closes

    TRON Targets AI Infrastructure as Top Priority for 2026

    TRON Teams Up With Circle in Linux Foundation AI Initiative

    Solana Powers First Insurance Settlement Using Stablecoins

    Solana Powers First Insurance Settlement Using Stablecoins

    Buterin Reveals Ethereum Foundation Is Staking 72K ETH

    Buterin Reveals Ethereum Foundation Is Staking 72K ETH

    IOTA Focuses on Gov’t and Institutional Adoption in 2026

    IOTA Focuses on Gov’t and Institutional Adoption in 2026

    Cardano Releases Rosetta Java v2.1.0 with Conway Support

    Cardano Launches Programmable Tokens With CIP-0113 Standard

    Cardano Foundation Votes YES on 300M ADA Net Change Limit

    Cardano Foundation Votes YES on 300M ADA Net Change Limit

    Pi Network Announces Critical Protocol Upgrade Path for 2026

    PI Token Remains Bullish as Pi Day Anticipation Grows

    Most XRP in Loss, What It Means for Investors

    Most XRP in Loss, What It Means for Investors

  • Bitcoin
    Bitcoin Short Bets Surge—Will Bears Get Squeezed?

    Bitcoin Short Bets Surge—Will Bears Get Squeezed?

    Bitcoin Mirrors Software Stocks More Than Any Other Market — Here’s Why

    Bitcoin S2F Model Says BTC Price Is Headed To $500,000, Here’s When

    Bitcoin Just Entered The DCA Zone Again, Why This Is A Good Time To Buy

    Bitcoin Just Entered The DCA Zone Again, Why This Is A Good Time To Buy

    Bitcoin Stabilizes, But Glassnode Warns Spot Demand Is Still Weak

    Bitcoin Stabilizes, But Glassnode Warns Spot Demand Is Still Weak

    Bitcoin Is Repeating 2022 Playbook That Triggered Crash To $17,500

    Bitcoin Is Repeating 2022 Playbook That Triggered Crash To $17,500

    BitMine Acquires 60,000 ETH; Chair Discusses Outlook For Ethereum And Crypto Prices

    Dogecoin Soars 6.5% After Elon Musk’s Post, Imminent Breakout?

    Dogecoin Risks More Pain – Analyst Warns Of 37% Breakdown

    Bitcoin’s Valuation Model Hints At $500K Cycle Average: Analyst

    Bitcoin’s Valuation Model Hints At $500K Cycle Average: Analyst

    Saylor Reloads? Bitcoin Buy Signal Appears As BTC Nears $67K

    Saylor Reloads? Bitcoin Buy Signal Appears As BTC Nears $67K

  • 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’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

    XRP finds new life in lending and regulated markets amid BTC stall

    XRP finds new life in lending and regulated markets amid BTC stall

  • 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
    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

    Israel’s weekly $3B Iran war cost equals over 41,000 Bitcoin

    Israel’s weekly $3B Iran war cost equals over 41,000 Bitcoin

    Bitcoin investors may not need altcoins to diversify if tokenized stocks move on-chain

    Bitcoin investors may not need altcoins to diversify if tokenized stocks move on-chain

    Bitcoin hit $74k — but losing $70k could send it back toward $60k

    Bitcoin hit $74k — but losing $70k could send it back toward $60k

    Here’s why Bitcoin price could maintain strength above $70,000

    Here’s why Bitcoin price could maintain strength above $70,000

    Bitcoin surges past $71,000 during a record South Korean stock market crash of 18% this week

    Bitcoin surges past $71,000 during a record South Korean stock market crash of 18% this week

  • Regulation
    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

    Bitcoin volatility could explode in April as SEC reviews the market behind ETF leverage

    Bitcoin volatility could explode in April as SEC reviews the market behind ETF leverage

    Crypto firm Kraken secures direct link to Federal Reserve payments

    Crypto firm Kraken secures direct link to Federal Reserve payments

    White House stablecoin deadline slips as CLARITY Act stalls

    White House stablecoin deadline slips as CLARITY Act stalls

    200 insider trading probes opened on Kalshi and one quiet change could remake prediction markets overnight

    200 insider trading probes opened on Kalshi and one quiet change could remake prediction markets overnight

  • 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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We Know Better Than to Allow Facebook to Control the Metaverse

November 21, 2021
in Crypto News
Reading Time: 6min read
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Bree McEwan, Associate Professor, Institute of Communication, Culture, Information, and Technology, University of Toronto.
_______

In the midst of the scandals of the Facebook papers, Facebook rebranded the company as Meta. The new name was designed to reflect a focus beyond the Facebook social network platform, and into the metaverse — the extension of the internet into three-dimensional virtual reality (VR) spaces.

However, given Facebook’s handling — or mishandling — of their current social responsibilities, we should be cautious about how much control a single company should have over the potential metaverse. We have an opportunity to be proactive regarding the construction of social worlds within virtual reality rather than the reactive state we find ourselves in regarding Meta’s current social products.

Facebook CEO Mark Zuckerberg announced the the name change and his ambitions for a metaverse for business, entertainment and meaningful social interactions during a virtual event in October 2021. (AP Photo/Eric Risberg)

As a scholar exploring social interaction within virtual reality spaces, I have concerns about Facebook’s control of the metaverse. These concerns have guided my decisions when I taught courses within VR classrooms as part of the VARC lab at DePaul University and when I established a virtual reality research program at the Institute for Communication, Culture, Information, and Technology at the University of Toronto Mississauga.

We should all be concerned about how Facebook could and will use the data collected within the metaverse.

Serious concerns

When Facebook was first developed, it was one of a collection of social network websites viewed to be a frivolous part of social life. Initially, the main function of the site seemed to be that you could keep up with what your college roommate was having for lunch. However, over time, the site evolved to become a place where people could maintain large swaths of social connections, engage in community groups, access social support and share political information (and misinformation) with a wide networked audience.

Facebook capitalized on a key component of humanity: the social interactions that make up the fabric of our everyday lives. Yet as the site evolved, it became clear that those who were in a position to consider how it might fundamentally change how our society engaged with each other did not take it seriously, were treating it as a passing fad and using it for citizen surveillance. There was a failure in managing and regulating the underlying business model of social network sites.

We are poised to repeat the same mistakes with virtual reality. The current primary application of virtual reality is games, which are often not taken seriously by policy-makers except as a scapegoat for violent behavior. The industry and its consumers can at times seem like a playground for dilettantes.

Four people wearing VR headsets perched on stools
Virtual reality provides new spaces for social interactions. (Lucrezia Carnelos/Unsplash), CC BY

Future interactions

The future promised by industry leaders can at times seem like little more than snake oil. Virtual reality represents a way to interact and communicate across geographic locations, in a more embodied manner. The hardware and software problems of virtual reality are continually being met with sophisticated engineered solutions. Virtual reality could be the next big advancement in social interaction. Facebook certainly thinks so.

In Facebook’s vision of the metaverse, it lists an all-encompassing system: there’s Horizon Home for social interactions, Quest for Business as a replacement for phone and video conferencing. Gyms become fitness applications, entertainment is provided by games and there is immersive educational content. All of this can be accessed by users through the Oculus headset.

I have been reluctant to order Oculus products requiring a Facebook account because I have serious concerns about requiring my students to sign over their data. I have ethical concerns about the loss of data control when using VR in research.

And while the Oculus headset may no longer require a Facebook account, Facebook still seems committed to a one user/one headset model.

Commodity data

Tying Oculus to a Facebook account allows Facebook to consider the interaction that occurs within one headset as a single user’s data. User data — including who users interact with socially, what they discuss at work, their fitness and entertainment choices, their education level, and more — can be collected, stored, and used to sort people into audiences for Facebook’s true consumers — marketers. The metaverse provides an infrastructure for content in order to collect user data and provide tailored audiences for marketers.

Policy-makers and regulatory bodies stood by as Facebook emerged as a major platform of societal interaction and political speech. They did not enact anti-trust protections as Facebook acquired additional streams of social data through buying Instagram and WhatsApp. Now the platform is deeply entwined in many people’s social lives, and it will be difficult to untangle society from Facebook.

With virtual reality, we still have these opportunities. For the metaverse to truly become a part of daily life, it will need to be accessible without Facebook, or Meta, as a mediator.

Industry associations could work on standards for programming to be headset-agnostic. Anti-trust regulators can consider the implications of one company controlling so many data streams across so many contexts. Social and computational scientists can be consulted to consider how the design of virtual worlds can affect social relations and future social movements.

Virtual reality can and should be designed for the free and easy movement across virtual spaces, rather than a single company controlling access.The Conversation

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

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