Day: March 16, 2024

UK Advances as Crypto Hub with Embrace of Exchange-Traded Notes

Coinbase UK CEO Daniel Seifert has expressed optimism about the UK’s decision to allow crypto exchange-traded notes (ETNs), viewing it as a significant advancement for the country’s positioning as a crypto hub. This development, discussed with the UK’s Economic Secretary to the Treasury Bim Afolami at a recent Coinbase event, marks a pivotal moment in […]

Starbucks Ends Odyssey NFT Program

Starbucks, the global coffee giant, announced the closure of its Odyssey Beta program, a pioneering NFT-based extension of its popular rewards system. This decision marks a significant pivot as the company explores new avenues to engage its community and foster loyalty. The Odyssey Beta program, launched with much fanfare, sought to blend the traditional Starbucks […]

Solana Surges: First Time Nearing $200 Since December 2021

Solana is currently leading the show, its price rocketing towards the coveted $200 mark for the first time since December 2021. This meteoric rise puts it a just 20% shy of its all-time high, a notable feat considering the recent pullback witnessed across the broader market. But Solana’s dominance extends beyond just price. Its market […]

Pepe the Frog NFT Joins Andrew Kang’s Collection

Andrew Kang, co-founder of Mechanism Capital, has acquired the original Pepe the Frog NFT from the defunct crypto hedge fund Three Arrows Capital (3AC). This purchase, facilitated by the prestigious auction house Sotheby’s, marks a significant addition to Kang’s already impressive NFT collection. The Pepe the Frog NFT, recognized for being the first officially authorized […]

Parallel’s New Venture: Colony on Solana

Parallel Studios has taken the Ethereum NFT gaming world by storm with its card-battling game, Parallel, and is not resting on its laurels. The studio has ambitiously ventured into a new project, Colony, which transitions from Ethereum to Solana, marking a significant pivot in their blockchain game development strategy. Colony is poised to redefine the […]

Tensions in Meme Coin Paradise

A conflict has arisen between Solana ecosystem users, particularly enthusiasts of the Dogwifhat (WIF) meme coin, and the owners of Achi, the real-life South Korean Shiba Inu who inspired the token. This dispute unfolded when Achi’s owners announced plans to auction an NFT of the dog wearing a woven beanie, an image that sparked the […]

Nyan Heroes Game Secures $3M Funding

9 Lives Interactive, a game studio based in Singapore, has successfully secured $3 million in funding to facilitate the global launch of Nyan Heroes, a unique “hero shooter” game featuring assets minted on the Solana blockchain. This recent funding round, led by Mechanism Capital and supported by a consortium of blockchain-focused investors, marks a significant […]

BSV Plummets After Court Rules Against Wright

Bitcoin SV (BSV) has experienced a significant decline, plummeting by 13% in a single day and further sinking to a 22% drop since a landmark decision by a UK court. The court ruled that Craig Wright, who has claimed to be the pseudonymous creator of Bitcoin, Satoshi Nakamoto, is not the author of the Bitcoin […]