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Tech's 2021: Blockchain, Bitcoin, NFTs and DAOs

Cryptocurrency, non-fungible tokens and everything decentralized defined much of tech's year. In fact, NFTs were so popular in the news that it's Collins Dictionary's Word of the Year. Not to be outdone, Bitcoin saw its value skyrocket to as high as $68,000 for the first time, and crypto investors banded together in an effort to buy a copy of the U.S. Constitution. Look back at the wild year in the world of Web3 and what lies ahead.

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Tech's 2021: Blockchain, Bitcoin, NFTs and DAOs
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    The Year Everyone Started Really Talking About Web3

    'NFT' is Collins Dictionary's Word of the Year for 2021, beating out 'crypto' and 'cheugy'
    1.

    'NFT' is Collins Dictionary's Word of the Year for 2021, beating out 'crypto' and 'cheugy'

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    CNN - Jack Guy

    (CNN) — "NFT," the abbreviation of " non-fungible token ," has been named Word of the Year by dictionary publisher Collins , beating "crypto" and "cheugy" to the top spot. An NFT is "a unique digital certificate, registered in a blockchain, that is used to record ownership of an asset such as an …

    A Look at the Ups and Downs of Crypto in 2021
    2.

    A Look at the Ups and Downs of Crypto in 2021

    One of the reasons that cryptocurrency makes so many headlines is due to its inherent volatility. Within a single month, or even week, it’s not surprising to hear that one of the major cryptocurrencies, such as Bitcoin, has both made a new high and dropped in value by 10% or more.

    Beeple sold an NFT for $69 million
    4.

    Beeple sold an NFT for $69 million

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    The Verge

    Until October, the most Mike Winkelmann — the digital artist known as Beeple — had ever sold a print for was $100. Today, an NFT of his work sold for $69 million at Christie’s. The sale positions him “among the top three most valuable living artists,” according to the auction house. The …

    US leads Bitcoin mining as China ban takes effect
    7.

    US leads Bitcoin mining as China ban takes effect

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    BBC News

    China's share of global Bitcoin mining has fallen to effectively zero, research by the Cambridge Bitcoin Electricity Consumption Index (CBECI) suggests. In June China told banks to stop facilitating transactions, and issued bans on mining. At its peak in Sept 2019 China accounted for over three …

    Further Reading on Crypto, NFTs, and DAOs

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