Crypto - Byteside

💡 Byteside Weekly: Ethereum powers down, Canva powers up

From Ethereum's shift to proof-of-stake to Canva, Zoom and Figma making big (but very different) moves, it's been quite a week in tech.

"Built primarily to amplify wealth [through] tax avoidance, diminished regulatory oversight and artificially enforced scarcity." Ouch.

Digital artists getting paid thanks to NFTs is great. Movies and companies creating NFTs to score some free promotional value suck.

For the lucky billionaires who are afraid to turn their crypto back into fiat currency, Sotheby's is ready to take your coin. HODL or buy?

Peer-to-peer video streaming slash blockchain company Theta is set to host Katy Perry NFTs as part of a new wave of "OMG who has an NFT now?"

Yes, what we really needed Twitter to do was to make some NFT artworks – and not even make them tradeable for whoever gets them...