Ordinals for Bitcoin Fall While Runes Rise
There is a noticeable disparity within the ranks of the Bitcoin Ordinals ecosystem as the summer approaches. Runes are seeing a revival, yet most large Ordinals collections have dropped between…
Remaining Anthropic shares are sold by FTX as bankruptcy costs rise above $500 million
The FTX bankruptcy case continues even though Sam Bankman-Fried, the founder of FTX, has had his trial concluded pending an appeal. The FTX estate, managed by CEO John Ray III,…
Risks are associated with Ethereum’s rollup model, Vitalik Buterin cautions
According to Vitalik Buterin, co-founder of Ethereum, the blockchain’s much-discussed “rollup-centric road map” was the right decision, but it has its own set of drawbacks. Ethereum wants to be the…
Social Media Engagement Approaches Record Lows
Social-Fi has become a favorite story among cryptocurrency fans since Friendtech’s launch last year. They believe a Web3-native social media software will take on established players like Twitter. But over…
Terra Coins Rise Following Do Kwon SEC Settlement, LUNA and LUNC
Following the announcement that Terraform Labs and its creator, Do Kwon, have reached a provisional settlement with the U.S. Securities and Exchange Commission (SEC), cryptocurrencies associated with the Terra ecosystem…
Together, Magic Leap and Google are creating a next-generation metaverse experience
According to an announcement from the firm, the partnership combines Magic Leap’s competence in optics with Google’s infrastructure, possibly indicating further rivalry for Apple and Meta in the metaverse hardware…
Uniswap Foundation Postpones Vote on Fee Switch
The Uniswap Foundation declared that it was postponing a crucial vote to update the protocol’s governance structure on a day that was full of uncertainty. The Foundation had predicted last…
Within four months of debut, Ethena’s USDe, dubbed the “synthetic dollar,” has crossed $3 billion in supply
Four months after going live for the public in February, Ethena Labs’ USDe stablecoin—dubbed a “synthetic dollar” because it maintains its peg through arbitrage mechanics and yield-returning cash-and-carry trade—has surpassed…
$70 million is raised for the Bitcoin staking protocol Babylon by Paradigm
The venture capital firm Paradigm spearheaded the $70 million fundraising campaign for the Bitcoin staking protocol Babylon. According to a press statement from the company, additional investors in the round…
At Consensus 2024, Hivello Releases the DePIN Mining App’s Private Beta
Hivello, a prominent Web3 mining aggregator for Decentralized Physical Infrastructure Networks (DePINs), has declared that its much awaited app will launch at Consensus 2024. This comes after a six-month signup…
Azuro Joins New ZkSync Hyperchain Sophon as a Technical Partner
To promote the use of Azuro-developed and Sophon-run prediction apps, the two companies plan to start a joint award program. Azuro, the on-chain prediction layer, has partnered with Sophon, a…
Chainlink and Circle collaborate to improve cross-chain USDC and DeFi usability
Today, Oracle network Chainlink announced that it will be collaborating with Circle to improve stablecoins’ usefulness within the decentralized finance (DeFi) ecosystem. Along with facilitating safe cross-chain transfers, the agreement…
Grayscale submits an updated registration form for its Ethererum fund
The most recent issue to amend the registration statement for its proposed Ethereum ETH +0.22% fund is Grayscale Investments, which added details about how ether is treated and how much…
In 2025, Pudgy Penguins will launch a mobile game
The group of floppy pals of Pudgy Penguins are waddling into a brand-new virtual environment: a mobile video game. The game’s developer, Mythical Marketplace, said in a statement on Thursday…
Mystic Moose Releases New RPG Title and Updates to the Roadmap
The studio is now working on “Prophecy of The Ancients,” a squad-based action RPG created with Unreal Engine 5 that promises cutting-edge graphics and captivating gameplay, after releasing their endless…
The CEO of Franklin Templeton cautions that other countries may overtake the US in the cryptocurrency space
Franklin Templeton President and CEO Jenny Johnson voiced concerns that if the US continues to have a closed approach to regulation, other countries may overtake it as the leader in…
The Fidelity Ethereum spot ETF, with ticker $FETH, is listed on DTCC
The Ethereum spot ETF from Fidelity is now available for trading on the Depository Trust and Clearing Corporation (DTCC) with the ticker $FETH. The US Securities and Exchange Commission (SEC)…
The SEC ordered issuers of spot Ethereum ETFs to submit the first wave of draft S-1 forms by Friday: Sources
With all eyes on the S-1 forms, the march to authorize the spot Ethereum ETFs for trading is well under way. The S-1 forms only need to become operative in…
When STR8FIRE Genesis NFTs Launch, They Sell Out in Moments
STR8FIRE’s total trading volume reached 8.17 ETH in the first day of trading, paving the way for the token’s upcoming launch on centralized exchanges. By employing Epic’s Unreal Engine and…
Torque Drift 2 Adds Toyota and Honda and Integrates with Motorverse
The 0.9 version adds a number of new features, including a custom road tool for constructing tracks, multiplayer leaderboards, and a freestyle mode. Players may also buy vehicles and parts…