Day: March 28, 2024

The Trial of Tornado Cash’s Alexey Pertsev

The criminal trial of Alexey Pertsev, the developer behind Tornado Cash, has captivated the cryptocurrency world, highlighting the complexities and legal challenges facing decentralized finance (DeFi) and open-source development. Pertsev faces accusations of facilitating the laundering of over $1.2 billion through Tornado Cash, a decentralized crypto mixer sanctioned by the US. His trial, taking place […]

Hashdex ETF Shifts to Spot Bitcoin

Crypto asset manager Hashdex has made a strategic pivot in its Bitcoin Futures ETF, marking a significant shift towards direct Bitcoin holding—a move that aligns with the growing demand for cryptocurrency investments. Renamed the Hashdex Bitcoin ETF and retaining its ticker DEFI on the NYSE Arca, this transition not only reflects an evolved investment strategy […]

Munchables’ Swift Recovery from $62M Exploit

The Ethereum layer 2 game Munchables demonstrated resilience and quick action following a multi-million dollar exploit, culminating in the recovery of $62.5 million in user funds. This saga unfolded on the Blast network, where an alleged developer misconduct led to a significant security breach, only to be met with a swift and effective response from […]

Nyan Heroes Teams Up with G2 Esports

Nyan Heroes, a fresh face in the Solana-based hero shooter genre, has announced a strategic partnership with G2 Esports. This collaboration marks Nyan Heroes’ ambitious foray into the esports arena, leveraging G2 Esports’ substantial influence for promotion and engagement. The announcement, coming hot on the heels of the pre-alpha demo release on the Epic Games […]

Bitcoin Miner: A Mobile Gaming Phenomenon

Bitcoin Miner, developed by Fumb Games. Launched initially with little fanfare amid the 2017 crypto bull run, this idle tapping game experienced a transformative revival through an innovative integration with the Bitcoin Lightning Network, courtesy of ZBD, a Bitcoin startup. This pivot not only revitalized the game but also catapulted it into the spotlight, demonstrating […]

Mega Merger Forms Largest Decentralized AI Ecosystem

Three frontrunners in the decentralized AI domain—Fetch.ai, SingularityNET (SNET), and Ocean Protocol—have announced plans to amalgamate their efforts, creating what is poised to be the world’s most expansive decentralized AI ecosystem. This initiative, dubbed the Superintelligence Collective, seeks to rival the AI dominion of Big Tech, fostering an environment where Artificial General Intelligence (AGI) and […]

Elixir Games Secures $14M for Crypto Gaming

Elixir Games has successfully raised $14 million in seed funding. This financial infusion, spearheaded by influential contributors including Square Enix, the Solana Foundation, and Shima Capital, marks a pivotal moment in the advancement of crypto gaming. The involvement of Square Enix, the venerable developer behind the iconic Final Fantasy series, highlights the growing interest of […]

Federal Court Advances SEC vs. Coinbase Suit

In a landmark decision, a federal judge has bolstered the U.S. Securities and Exchange Commission’s (SEC) ongoing legal battle against prominent cryptocurrency exchange Coinbase, marking a significant moment in the regulatory oversight of digital assets. This ruling not only underscores the SEC’s argument that certain tokenized assets can indeed be classified as securities but also […]