Coinbase Purchases Equity in Circle: Report
Over the course of five years, USDC’s market cap skyrocketed from a mere $500 million to nearly $26 billion, according to CoinGecko. The stablecoin, which is vying for dominance with…
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Maximum Contol: China Plans to Monitor all Metaverse Users (Report)
The state-owned telecom operator China Mobile has reportedly proposed the creation of a “Digital Identity System” to keep track of all local metaverse users. The idea has been discussed between…
Vitalik Connected Address Sends $1 Million in ETH To Coinbase
An Ethereum address associated with the network’s co-founder, Vitalik Buterin, transferred 600 ETH to crypto reading platform Coinbase, worth roughly $1 million at writing time. The transfer comes after crypto…
Here is How dYdX Chain Validators and Stakers Will Keep the Ecosystem Unharmed
dYdX Foundation – the non-profit organization behind the popular decentralized exchange (DEX) DYDX – announced some requirements that chain validators and stakers must comply with to ensure maximum user protection.…
Cardano NFT Floor Price Skyrockets, Exceeding Ethereum: Data
In recent years, the non-fungible token (NFT) space has expanded into a billion-dollar industry, with Ethereum traditionally leading the way as the dominant ecosystem. Cardano, on the other hand, faced…
NFT Platform RECUR to Shut Down After Raising $50M Two Years Ago
RECUR, a non-fungible token (NFT) company that raised $50 million in an investment round nearly two years ago, has become the latest victim of the current bear market. Over the…
Bitcoin Ordinals is Far From Dead Despite ‘Shift in Winds:’ Here’s Why
Bitcoin Ordinals stirred up a frenzy in the community soon after its launch in January 2023. More than eight months later, ordinal inscriptions have maintained their prominence in the Bitcoin…
Friend.Tech Frenzy: Airdrop Hype Drives $1.4M in Daily Fees
Friend.Tech is a social media dapp that allows users to tokenize their friends. It launched on the Coinbase layer-2 network Base on Aug. 10 as degens flocked to the system.…
Gemini Files Request to Dismiss SEC Lawsuit
Gemini filed a brief addressed to the U.S. District Court for the Southern District of New York (SDNY) late last Friday. It contained a request from Gemini’s legal team for…
Bored Ape Investors Sue Yuga Labs, Sotheby’s, 28 Others as NFT Prices Plunge: Report
A group of four investors who invested in the popular NFT collection Bored Ape Yacht Club (BAYC) has filed a class action suit against the project’s creator, Yuga Labs, and…
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