The crypto crash has intensified into a furious holy war over the legitimacy of web3. But first...
Today’s must-reads:
• Not all tech stocks have melted down this year
• Who’s losing money in the crypto rout
• European delivery giant Gorillas is discussing a sale or a merger
We’re not through with web3
It’s pretty much open season on web3 evangelists and their poorly articulated attempts to illustrate the technology’s applications. Last week, venture capitalists Marc Andreessen was roasted online over a three-minute video clip in which he clumsily discusses how the decentralizing technology might help podcast hosts make a better living. Similarly, Reddit critics piled onto investor Packy McCormick’s effort to frame the blockchain’s utility for real estate investments and mortgages. And YouTube commenters continue to flambe this unintentionally hilarious 20-minute advert for a proposed island community called Cryptoland, which featured a nightmarish talking Bitcoin (“Hell is real,”...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...