Ethereum’s Deflationary Shift: Validators Exit and DeFi Slows
The Ethereum blockchain´s recent data indicates a shift towards a deflationary supply, marked by a decrease in validator participation and a drop in NFT and DeFi transactions. This trend, highlighted by Glassnode, reveals how Ethereum’s economic model is evolving in response to changes in network activity and market sentiment. The decrease in Ethereum validators, with […]
Fireblocks Unveils ‘Off Exchange’ to Secure Crypto Trades
Fireblocks, a renowned multi-party computation (MPC) wallet provider, has launched an innovative trading system named “Off Exchange,” revolutionizing how institutions interact with centralized exchanges. Announced on November 28, this system promises to mitigate the risks associated with centralized exchanges and prevent disasters akin to the FTX collapse. The core of Off Exchange lies in its […]
Crypto’s New Era: Post-Binance Settlement
Brian Armstrong, CEO of Coinbase (COIN), has expressed optimism about the future of the cryptocurrency industry following the recent settlement between Binance and the U.S. Department of Justice. In a conversation with CNBC International at the Global Investment Summit in London, Armstrong reflected on how this development might signal an end to the era of […]
Bankless: DAO Divorce & Branding Challenges
The crypto world is witnessing a unique development involving Bankless HQ, a well-known media brand, and BanklessDAO, a semi-related entity. They are in discussions about a potential separation, an event that underscores the complexities of the evolving Web3 landscape. David Hoffman and Ryan Sean Adams, co-creators of the Bankless brand, have submitted a proposal to […]
GetKicks: Sneakers Meet Web3 Earnings
GetKicks is redefining the landscape of digital fitness and sneaker culture with its innovative Web3 app. This platform seamlessly blends the worlds of sneaker enthusiasts and cryptocurrency, offering a unique “move to earn” experience. Users can acquire stylish 3D NFT sneakers and embark on a journey where fitness meets futuristic footwear. In a space where […]
Magic Eden Launches A Cross-Chain Crypto Wallet
In a significant advancement for the blockchain community, Magic Eden, a leading NFT marketplace, has announced the release of a new multi-chain compatible crypto wallet. This browser extension, as unveiled by CEO and co-founder Jack Lu, is set to revolutionize how users interact with different blockchains, addressing the prevalent issue of fragmentation in digital asset […]
Art Tokenization: 10101.art’s Innovative Leap
10101.art is ushering in a new era in the art world with the launch of its platform offering tokenized art from iconic artists like Pablo Picasso, Banksy, Salvador Dalí, and Andy Warhol. In a groundbreaking move, the platform is set to offer 1,500 random pieces of Banksy’s ‘Turf War’ painting for $60 each during a […]
Second Layers: Bitcoin’s Balancing Act
Nearly 15 years into the cryptocurrency revolution initiated by Bitcoin, its role as a form of ‘sound money’ is firmly established. Despite numerous hard forks and modifications to its core code, Bitcoin’s ethos has consistently centered on decentralization and a robust incentive structure for miners. These foundational principles have enabled Bitcoin to withstand market fluctuations, […]