Crypto Pulse - Weekly Women's Roundup
Thursday 30th November
Welcome to another edition of Crypto Pulse, where we dive into the pulsating world of web3, crypto, blockchain, and DeFi. Our usual woman in web3 spotlight will continue to come to your inbox from next Tuesday. This week, we're spotlighting remarkable strides and transformations in these dynamic sectors. Let's unwrap these developments together!
This Week in Crypto: Top 5 Stories
BitDegree's Global Web3 Exam with a $500K Prize Pool
BitDegree has launched a unique Global Web3 Exam, aiming to revolutionize Web3 education. This gamified, inclusive exam is open to all, from beginners to experts, and features an impressive $500K+ prize pool, with successful participants receiving free NFT Certificates of Completion. Read more
Isn't it fantastic how BitDegree is mixing learning with fun? This Web3 exam seems like a brilliant way to get everyone, regardless of their level, more involved and educated about Web3. It’s a step forward in democratising technology education, especially for women seeking to carve a niche in this field. Plus, who wouldn't be excited about the chance to win a part of that huge prize pool?
Record 5M Crypto Addresses Holding Dogecoin (DOGE)
The adoption of Dogecoin (DOGE) has soared, with over 5 million crypto addresses now holding DOGE. This surge, however, comes with concerns over the concentration of ownership, as less than 5,000 addresses control more than 80% of DOGE's supply. Read more
While the growth in DOGE’s adoption is encouraging, the fact that a few hold so much of it does make me a bit uneasy. Although DOGE emerged as a meme coin, it has gained popularity over time, mainly due to people like Elon Musk talking about it. It's important we understand the impact of concentration of assets in few hands, especially in something as unpredictable as crypto. The core mantra of cryptocurrency is decentralisation, so be careful where you put your money.
Web3 Foundation Invests $1M in Centrifuge's Real-World Assets
Web3 Foundation has invested $1 million in Centrifuge, a leading onchain finance platform, to tokenize US Treasury Bills. This collaboration aims to introduce real-world assets (RWAs) on-chain, potentially creating a $16 trillion tokenisation industry. Read more
The Web3 Foundation teaming up with Centrifuge to bring real-world assets into DeFi is genuinely intriguing. It sounds like a promising step towards blending traditional finance with the digital world, making things a bit more tangible and perhaps less intimidating, especially for those new to crypto.
STASIS Integrates Stellar Blockchain for Euro-Backed Stablecoins
STASIS has integrated the Stellar Blockchain to enhance the accessibility of their euro-denominated stablecoins. This move is expected to boost the use of their euro stablecoin, EURS, across the Stellar network.
Read moreSTASIS joining hands with Stellar to improve access to stablecoins is quite a move. It could really help more people (😉 women entrepreneurs and investors), to dip their toes into the crypto pool without worrying too much about the asset volatility.
Landmark Advances in Blockchain Technology in 2023
2023 has seen significant advancements in blockchain technology, including zero-knowledge rollups for enhanced efficiency, strides in blockchain interoperability, and the integration of real-world assets through tokenisation. Read more
This year's leaps in blockchain technology are truly impressive. It’s getting faster, more secure, and more connected. And when you think of adding AI into the mix, who knows where it can go. It's exciting to think about how these advancements could open up new opportunities, particularly for women in tech, to innovate and create in this space. Don’t stay on the sidelines, get involved!
Crypto Action Tip
This Week’s Focus: Explore BitDegree’s Global Web3 Exam to expand your knowledge in Web3. Check out the exam.
Why It Matters: Staying informed and educated is key in navigating the crypto world confidently, especially for women looking to break stereotypes and make informed investment decisions. Don’t be afraid, what’s the worse that can happen? You may be fascinated by the possibilities, or you may hate it. You won’t lose anything by learning something new.
Wisdom Wallet
Financial Tip of the Week: Consider diversifying your portfolio with real-world asset-backed tokens, a growing trend in the DeFi space.
Deep Dive: Understand the balance between traditional assets and crypto and how it can provide a safer and more stable investment strategy.
Decentralised Dare
Weekly Challenge: Try setting up a Metamask wallet and explore its features. Learn about types of crypto wallets and how to keep your digital assets safe.
Share Your Experience: We’d love to hear your insights and learning experiences. Share with us and inspire others in our community!
Jobs of the week
Enterprise Research Analyst - DeFi
Messari · NY (USA)
Remote
Chief of Staff (m/f/d) - Defi / Blockchain
Page Executive · Berlin, Germany
Hybrid Full-time
Senior Scala Engineer - Web3, Defi Protocol
Austin Werner · London, United Kingdom
Hybrid Full-time
Blockchain / Rust Developer - Remote / Rust / Web3
European Recruitment · European Union
Remote Full-time
Market sentiment this week has been positive, with the cryptocurrency market's total value hit around $1.5 trillion, its highest since early May 2022, signalling a significant and positive market shift. Bitcoin's value has increased by 126% this year, and Ethereum's by 71%. These gains are much higher compared to traditional stock markets like NASDAQ and S&P 500. These trends indicate a bullish sentiment in the crypto market this week.
This uptick reflects growing investor confidence and a renewed vigor in the digital currency space, setting an optimistic tone for the future. As the market continues to evolve, this week's positive sentiment serves as a reminder of the dynamic and promising nature of cryptocurrencies.
We look forward to your thoughts and suggestions for our next issue.
Stay empowered and connected!
Note: This article and any content published by MTN doesn’t constitute financial advice. DYOR and invest wisely.