GeneralBeginnerNike’s RTFKT digital fashion brand announced that it will cease operations at the end of January 2025. This decision comes as a surprise to many in the NFT community, as RTFKT was once a leading player in the space, known for its innovative projects like Clone X and the development of the first…
#metaverse#nfts
SonicBeginnerSonic Labs, the blockchain technology firm behind the Fantom Opera network, has announced that its new layer-1 blockchain, Sonic, is set to go public “soon”. This development marks a significant step forward for the company as it seeks to enhance the performance and scalability of its blockchain…
GeneralBeginnerCoinbase has withdrawn its pre-application to enter the Turkish cryptocurrency market just three months after initially submitting it. This move, confirmed by the Turkish Capital Markets Board (CMB) through recently released documents, comes amid an influx of over 90 companies applying for entry…
#coinbase
EthereumBeginnerEthereum researcher Justin Drake recently praised the Beacon Chain, marking its fourth anniversary and referring to it as the “strongest foundation blockchains have ever seen.” Launched on December 1, 2020, the Beacon Chain played a critical role in Ethereum’s transition to Ethereum 2.0,…
#decentralization
BitcoinBeginnerBoyaa Interactive International has increased its Bitcoin holdings to 3,183, up from 2,635 at the end of September, following its latest acquisition. The Hong Kong-based company, which specializes in online card and board games, has reallocated its treasury assets, swapping Ether for Bitcoin.…
#crypto#hong-kong#stocks
BitcoinBeginnerThe non-fungible token (NFT) market experienced a significant resurgence in November 2024. On Dec. 1, data company CryptoSlam showed that NFTs recorded $562 million. This represents a 57.8% increase compared to October’s figures. Data from CryptoSlam reveals that November’s sales volume is the…
#crypto#nfts
GeneralBeginnerSpectral Labs, a blockchain development platform, has temporarily suspended access to its Syntax platform and paused all related contracts after identifying a critical vulnerability. This move comes after a hacker exploited a flaw in the platform’s bonding curve mechanism, resulting in the theft…
#ai#hackers#security
GeneralBeginnerOn February 16, Hong Kong’s government issued $100 million in tokenized green bonds as part of its Green Bond Programme. The Hong Kong Monetary Authority (HKMA), the central bank of Hong Kong, has introduced a new scheme to offset some of the costs of issuing tokenized bonds. This initiative is…
#central-bank#tokenization#tokens
EthereumBeginnerMetaMask co-founder Dan Finlay has used a memecoin experiment to highlight the shortcomings of Web3 and AI in terms of user consent and trust. By launching two identical memecoins, CONSENT, on the Base and Solana blockchains, Finlay aimed to compare the user experience and the level of trust…
#crypto#defi#memecoin
EthereumBeginnerUniswap, the leading decentralized exchange (DEX), has witnessed a significant surge in monthly trading volume across Ethereum Layer-2 networks. This surge is indicative of a renewed interest in decentralized finance (DeFi) and the increasing adoption of Layer-2 solutions to address Ethereum’s…
#crypto#defi#dex
GeneralBeginnerPaul Atkins, a former SEC commissioner and a prominent figure in the financial industry, has emerged as a leading candidate for the position of SEC Chair. This development has sparked significant interest within the cryptocurrency community, as Atkins is known for his pragmatic approach to…
#donald-trump#law#sec
GeneralBeginnerA federal judge has temporarily halted Arkansas laws aimed at foreign-owned cryptocurrency mining operations, citing possible constitutional concerns. On November 25, Chief US District Judge Kristine Baker issued a temporary restraining order (TRO) in a lawsuit involving Jones Eagle, a…
#china#court#mining