Greening Bitcoin with Social Network
Bitcoin’s energy consumption has been a contentious issue, drawing criticism for its significant environmental impact. Enter Social Network, a novel layer-2 staking network designed to revolutionize Bitcoin’s footprint through an Ethereum Virtual Machine (EVM) integration and an innovative NFT-based mobile scavenger hunt. This initiative not only aims to reduce energy usage but also to engage […]
Binance Ends Bitcoin Ordinals Support
Binance, one of the leading crypto exchanges, has declared its decision to discontinue support for Bitcoin Ordinals on its NFT marketplace. This announcement marks a pivotal shift in the platform’s strategy towards NFT-like inscriptions, reflecting Binance’s broader initiative to refine its product offerings. Effective from April 18th, the ability to trade Bitcoin Ordinals on the […]
The ETF Battle: BlackRock vs. Grayscale
The competition between Grayscale and BlackRock over Bitcoin spot exchange-traded funds (ETFs) illuminates the rapidly evolving landscape. Grayscale, once the unchallenged leader with its Grayscale Bitcoin Trust (GBTC), faces a formidable challenge from BlackRock’s iShares Bitcoin Trust (IBIT), signalling a pivotal shift in investor preferences and strategies. Grayscale’s initial advantage—a product that operated much like […]
Coachella Quest: A Blockchain Game-Changer
This year’s Coachella Music Festival introduces an innovative twist for attendees with the debut of Coachella Quests, a blockchain-based game developed by Coachella Innovations in collaboration with Ava Labs. This groundbreaking initiative is not merely an entertainment add-on but a strategic move to enhance the festival experience while garnering deeper insights into consumer behaviour. By […]
Ethena’s Bold Leap: $ENA’s Controversial Debut
Ethena Labs has stirred the crypto waters with the launch of its governance token, $ENA, alongside the expansion of its synthetic dollar token, USDe. This move has not only attracted accolades from industry heavyweights like Arthur Hayes but also placed Ethena at the centre of a whirlwind of scrutiny and scepticism. The path to $ENA’s […]
Blizzard’s Cautious AI Integration in Gaming
Blizzard Entertainment, a leading figure in the gaming industry, is embracing the advent of generative AI with a cautious yet innovative approach, particularly within the realms of character and environment design. This strategic adoption of AI technologies aims to enhance the creative process without compromising the integrity of its iconic massively multiplayer online game, World […]
Bankman-Fried Voices Regret Amid Appeal
Sam Bankman-Fried, the co-founder and former CEO of the now-defunct cryptocurrency exchange FTX, has expressed remorse for the first time since the high-profile collapse of the exchange. This expression of regret comes after a tumultuous period that saw Bankman-Fried sentenced to 25 years in prison on charges of fraud, money laundering, and conspiracy, which culminated […]
Solareum Shuts Down Amidst Security Breach
The innovative Telegram trading app designed for the seamless exchange of Solana-based tokens, has announced its closure. This decision comes in the wake of a security exploit that led to the unauthorized withdrawal of approximately $523,000 worth of SOL from user wallets. The breach, impacting over 300 Solana users, has stirred significant concern within the […]
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