Crypto’s newest decentralized social media (DeSo) app, friend.tech, has found itself in hot water recently due to its decision to punish users who opt for forks or copycat versions of its tokenized social media platform. In an Aug. 28 tweet, the official friend.tech X account stated, “To make sure loyal users are rewarded fairly during
Ethereum
The cryptocurrency exchange HashKey, which is the first licensed virtual asset provider in Hong Kong, is set to open its doors for retail trading on August 28. This development comes with investment limits imposed on users, allowing them to invest only up to 30% of their net worth into cryptocurrencies when using the platform. To
Unstoppable Domains (UD) has taken a significant step forward in revolutionizing the world of blockchain communication with the launch of its instant messaging system for Web3 usernames. This groundbreaking development allows owners of .crypto, .wallet, .polygon, or other UD-registered usernames to seamlessly communicate with each other across various applications. With the integration of the extensible
Former United States President Donald Trump has been revealed to own more than $2.8 million in an Ethereum wallet, according to a recently released financial statement. The statement, shared by the non-profit watchdog Citizens for Responsibility and Ethics in Washington, highlights Trump’s earnings of over $4.8 million from licensing fees related to nonfungible token (NFT)
On August 14th, RocketSwap Labs experienced a devastating brute force hack that resulted in the loss of $865,000 or 471 Ether (ETH) from their protocol. The hacker was able to exploit vulnerabilities in the system and successfully transfer the stolen assets to Uniswap along with 400 ETH. This news was later confirmed by RocketSwap Labs
The Bitcoin Frontier Fund, previously known as Stacks Ventures, has made a groundbreaking move in the blockchain industry by launching the first-ever Bitcoin Ordinals accelerator program. This distinctive initiative aims to support startups that are spearheading innovation in the field of Ordinals. The program offers an enticing package including seed funding, access to funding pipelines,
Art collection has always been about more than just the artwork itself. The artist’s identity and the story behind each piece have traditionally played a significant role. However, with the emergence of NFTs (Non-Fungible Tokens) as a means of attributing provenance to digital objects, the art world has witnessed a paradigm shift. Grails by PROOF,
In a surprising turn of events, the non-fungible token (NFT) project y00ts has decided to switch blockchain networks once again. It was only four months ago that the majority of its NFTs were bridged from Solana to Polygon. However, DeLabs, the NFT firm behind y00ts, recently announced that it will soon be migrating to Ethereum,
The team behind Bitcoin Ordinals has taken a significant step towards driving the development of nonfungible tokens (NFTs) on the Bitcoin blockchain. With the launch of the Open Ordinals Institute, a nonprofit organization, they aim to provide the necessary funding for Ordinals developers. Since its introduction in January, the Bitcoin Ordinals protocol has gained immense
PayPal’s recent launch of PYUSD, an Ethereum-based stablecoin, has generated mixed reactions within the crypto community. While some view it as a significant step towards mainstream adoption for Ethereum, others express concerns about the potential implications for decentralization and personal control of assets. PYUSD, also known as PayPal USD, was introduced on August 7 and
