Since the launch of the new controversial Bitcoin-based non-fungible token (NFT) protocol Ordinals in mid-December, miners on the largest blockchain have made nearly $600,000 in BTC transaction fees. According to data from blockchain data platform […]
Major nonfungible token (NFT) marketplace OpenSea announced a massive structuring around lower platform fees and greater creator earnings as competing marketplaces continue to drain away its once dominant user base. According to data from Nansen, […]
Blockchain bridges allow decentralized finance (DeFi) users to use the same tokens across multiple blockchains. For example, a trader can use USD Coin (USDC) on the Ethereum or Solana blockchains to interact with the decentralized […]
Binance has started minting True USD (TUSD) in response to a U.S. regulatory crackdown on its own stablecoin BUSD. On Feb. 16, the world’s largest crypto exchange minted 50 million TUSD, according to blockchain sleuths. […]
On February 14, 2023, The Los Angeles County Museum of Art (LACMA) announced that it received the first and largest donation of NFT art ever sent to an American museum. According to LACMA’s statement, the […]
In this week’s newsletter, read about how France’s top contemporary art museum will display nonfungible tokens (NFTs). Find out why a founder of the Bored Ape Yacht Club (BAYC) copycat project, RR/BAYC, is opposing trademark […]
The crypto industry will “probably” start using euro, yen, or Singapore dollar based stablecoins in the future, reducing its reliance on US dollar based stablecoins, according to a Feb. 14 statement on Twitter Spaces by […]
Jacob Blish, the head of business development at Lido DAO, the decentralized autonomous organization behind the largest liquid staking protocol, believes the recent SEC crackdown on crypto staking services could cause new challenges for decentralized […]
On February 9th, DappRadar published a report showing that the Ethereum NFT market cap value fell by 59.60% from $9.3 billion in 2022 to around $3.7 billion in early 2023. DappRadar’s study is based on […]
Top Stories This Week Kraken reaches $30M settlement with SEC over staking as IRS seeks user information Kraken has agreed to stop offering staking services or programs to United States clients after reaching an agreement […]
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