Day: March 8, 2024

Ethereum’s Dencun Upgrade: A Leap for Layer 2 Efficiency

The Ethereum network is on the brink of a pivotal transformation with the Dencun upgrade, set to usher in an era of significantly reduced fees and enhanced efficiency for Layer 2 solutions. The team at Ethereum Layer 2 Base has announced its unwavering support for this upgrade from the outset, incorporating the much-anticipated EIP-4844 to […]

Sony Eyes NFT Integration with “Super-Fungible Tokens”

Sony, the tech giant behind PlayStation, has unveiled a patent application that introduces the concept of “super-fungible tokens” for games. Stored on a distributed ledger and transferable between players, these tokens signify a groundbreaking shift from the conventional dynamics of in-game asset ownership. Traditionally, gamers investing in in-game skins or battle passes have faced the […]

Unveiling Musk’s Bitcoin Treasure: Tesla and SpaceX

On-chain sleuths have recently unveiled wallets believed to belong to Elon Musk‘s corporate giants, Tesla and SpaceX, which are reported to collectively hold an astonishing sum of over a billion dollars in Bitcoin (BTC). This revelation comes from a detailed investigation conducted by Arkham Intelligence, which has meticulously traced the Bitcoin transaction history of both […]

NFT Token Airdrop: A Boost for Ordinals Traders

The Non-Fungible DAO has announced an upcoming airdrop of the “NFT” token, specifically targeting traders of Bitcoin Ordinals on the Magic Eden marketplace. This inclusive gesture extends to traders from the past, present, and future, leveraging the innovative open-source MSigner technology developed by Magic Eden for signing Partially Signed Bitcoin Transactions (PSBTs). The Non-Fungible DAO’s […]

Oyl Wallet Spearheads Bitcoin DeFi Revolution

Bitcoin Ordinals inscriptions are carving out a niche as the premier digital collectible, with the crypto community fervently seeking streamlined methods for their acquisition and trade. Enter Oyl, a cutting-edge browser-based wallet engineered to facilitate in-wallet swaps of these coveted inscriptions, thus marking a significant leap in the crypto market’s infrastructure. Oyl‘s emergence is backed […]

Do Kwon Extraditable to South Korea, Legal Saga Nears New Chapter

Do Kwon, the embattled founder of Terraform Labs, finds himself a step closer to facing the music in his home country of South Korea. A Montenegrin judge has ruled that Kwon can be extradited to South Korea after completing his jail sentence for using a forged passport. This latest development marks a pivotal moment in […]

SEC’s Gensler on Ethereum’s Status, Leaving Ethereum ETF Applications in Limbo

The U.S. Securities and Exchange Commission (SEC) is playing its cards close to its chest regarding Ethereum‘s classification as a security or commodity. This lack of clarity has thrown a wrench into the plans of investment firms eager to launch spot Ethereum ETFs, with multiple applications currently in the pipeline. During a recent Bloomberg TV […]

Bitcoin’s Biggest Inscription on the Block: Runestone Up for Auction

The Bitcoin blockchain just witnessed a historic moment. The Runestone, holding the record for the largest inscription by block size, is now up for auction, according to NFT historian Leonidas. This unique digital artefact, inscribed on block 832,947, is more than just a technical feat; it’s a bridge between eras and a testament to enduring […]