Max Parasol

Sydney

Freelance Features Writer at Cointelegraph

advisory @thespartangroup, writer @Cointelegraph, heart @AFL, ocean

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Articles

‘Raider’ investors are looting DAOs - Nouns and Aragon share lessons learned

Jul 4, 2024 | cointelegraph.com | Max Parasol

Governance in decentralized autonomous organizations is hard. Especially so with decentralized onchain token voting. Ethereum creator Vitalik Buterin famously rejects it due to the difficulties of what is essentially an unbridled democracy. Politics, money and misaligned incentives mean tokenholders are often out for their own benefit rather than the good of the DAO.
‘SEAL 911’ team of white hats formed to fight crypto hacks in real time

Mar 27, 2024 | cointelegraph.com | Max Parasol |Elias Ahonen |Andrew Fenton |Ciaran Lyons

It started with the chaotic $190 million Nomad hack in August 2022. An exploit, or flaw in the code, was found for the bridge, and a colossal crowd of criminals rushed in to loot the funds. In its analysis of the exploit, Immunifi said one problem was: “Staying true to DeFi Principles, this hack was permissionless — anyone could join in.”Plenty of white hat hackers wanted to help but were forced to watch from the sidelines due to the legal risks of pitching in.
‘Painful to think about’: NFT Creator Nate Alex on selling 70 CryptoPunks too early

Jan 18, 2024 | cointelegraph.com | Greg Oakford |Monty Munford |Andrew Fenton |Max Parasol

If you were to take Nate Alex’s shitposting on X and his DIY hexagon rainbow cat Doodle on the surface, you might get him wrong. But underneath that flippant exterior lies a burning curiosity for NFTs as both a creator and collector and a passion for programmable art. After originally minting his first NFT in 2017, Nate was captivated by CryptoKitties and the ability to breed crypto-cats.
Hong Kong Bitcoin ETF FOMO, Thailand approves $14B airdrop: Asia Express

Jan 11, 2024 | cointelegraph.com | Zhiyuan Sun |Monty Munford |Andrew Fenton |Max Parasol

Our weekly roundup of news from East Asia curates the industry’s most important developments. Hong Kong Legislative Council Member Johnny Ng wants the Special Administrative Region (SAR) of China to accelerate the approval of local Bitcoin Spot ETFs following in the footsteps of the U.S. this week.
Web3 Gamer: 1 trillion Notcoins farmed, Neopets meets ICP, Trickshot Blitz is awesome

Jan 11, 2024 | cointelegraph.com | Ciaran Lyons |Monty Munford |Andrew Fenton |Max Parasol

Sebastien Borget, co-founder of The Sandbox, says that interest in blockchain gaming is ramping up and 2024 is set to be a big year for the industry with Web2 studios joining the fray. “I do believe the attractivity of the Web3 gaming space for its next growth phase is more linked to the upcoming launch of promising game titles developed by large Web2 companies,” he tells Web3 Gamer.
MakerDAO’s plan to bring back ‘DeFi summer’ - Rune Christensen

Jan 10, 2024 | cointelegraph.com | Andrew Fenton |Monty Munford |Max Parasol

“We want to bring back DeFi summer, but this time, it’s not going to end, and it’s not going to go to zero.” by Andrew Fenton 13 min January 10, 2024 During the last bull market, after a decade in the crypto space, MakerDAO founder Rune Christensen had grown disillusioned with the Ponzi schemes, degens and dog tokens. “I thought it was over for the space at the top of the bull market.
Scam AI ‘kidnappings’, $20K robot chef, Ackman’s AI plagiarism war: AI Eye

Jan 9, 2024 | cointelegraph.com | Andrew Fenton |Monty Munford |Max Parasol

In a bizarre “cyber kidnapping” incident, a missing 17-year-old Chinese exchange student was found alive in a tent in Utah’s freezing wilderness this week. He’d been manipulated into heading into the wilderness by scammers who extracted an $80,000 ransom from his parents by claiming to have kidnapped him. While its not yet known if AI was employed in this incident, it shone a light on an increasing trend of fake kidnappings, often targeting Chinese exchange students.
6 Questions for 20-year-old Sellix founder Daniele Servadei

Jan 8, 2024 | cointelegraph.com | Monty Munford |Andrew Fenton |Max Parasol

by Editorial Staff 4 min January 8, 2024 Daniele Servadei is only 20-years-old, but he’s also the mastermind behind Sellix, a two-year-old e-commerce platform that helps businesses around the globe streamline the process of accepting cryptocurrency payments. Launched by Servadei from his home in Reggio Emilia, Italy in November 2021, Sellix supports payments made using traditional fiat and more than 25 cryptocurrencies.
Fake news crypto panic, Binance gains users as market share falls? Asia Express

Jan 4, 2024 | cointelegraph.com | Zhiyuan Sun |Monty Munford |Andrew Fenton |Max Parasol

Our weekly roundup of news from East Asia curates the industry’s most important developments. Cryptocurrency exchange Binance claims that it grew its user count by 30% year over year to 170 million. According to Binance’s 2023 Annual Report published on December 28, its expansion efforts appear to be unaffected by its recent $4.3 billion settlement with the U.S. Department of Justice over money laundering charges.
Which gaming guild positioned itself best for the bull market?

Jan 3, 2024 | cointelegraph.com | Max Parasol |Elias Ahonen |Ciaran Lyons |Monty Munford

Gaming guilds amassed huge treasuries during last cycle’s Axie Infinity-inspired blockchain gaming bull run. But how did they survive the grinding bear market and pivot their treasuries to set themselves up for the bull market? And more importantly, which one is in pole position to take advantage of the big opportunties expected this year? Gaming guilds — organized groups of sponsored gamers — were the hot Web3 business model of 2021.