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“# Terra (LUNA) hits record $20B TVL, surpassing Binance Smart Chain ” Terra (LUNA), an open-source stablecoin network, hit an all-time high of $20.05 billion in total value locked, or TVL, across its 13 product offerings, according to industry data. On Dec. 1, Terra’s TVL was at $11.9 billion, signifying a 68% increase in less…
“# Fighting for Web 3.0: Digital wallet wars are the new browser wars ” Most people might not remember that websites once had icons that said, “This site has been optimized for Internet Explorer,” but, two decades ago, it wasn’t uncommon. Just like today’s battle between Web 2.0 monopolies and Web 3.0 communities, at the…
“# The biggest letdowns in crypto and blockchain in 2021 ” 2021 has been one of the most interesting years for blockchain technology and cryptocurrencies, both in terms of adoption and mainstream acceptance. From governments such as El Salvador to large corporations like Tesla, Goldman Sachs, Bank of America and Morgan Stanley, many institutions have…
“# Binance introduces BNB Auto-Burn to replace quarterly burn protocol ” Binance officially announced the implementation of a new Binance Coin (BNB) Auto-Burn protocol to replace its current quarterly burn mechanism. In response to the requests of the BNB community, Binance changed its quarterly burning protocol for BNB tokens. According to Binance, this will provide…
“# Telegram-verified payments bot to accept Toncoin cryptocurrency ” Telegram co-founder and CEO Pavel Durov has expressed excitement about the Telegram Open Network (TON) technology still developing after Telegram officially abandoned the project last year. “I’m proud that the technology we created is alive and evolving. When it comes to scalability and speed, TON is…
“# Terabethia cross-chain protocol bridges Internet Computer and Ethereum ” On Wednesday, Psychedelic, a Web 3.0 development studio building solutions for the Internet Computer, launched Terabethia, a cross-chain contract communication and asset mirroring protocol. Beginning with the Internet Computer (ICP) and Ethereum (ETH), users will have the ability to mirror and use any ETH tokens,…
“# Arsenal football club in dispute with ASA over ‘irresponsible’ crypto ad ” The Advertising Standards Authority (ASA), a body that oversees advertising in the United Kingdom, is cracking down on non-compliant crypto advertisements. Earlier this year, Arsenal became one of the many football clubs to collaborate with blockchain firm Chilliz and launch a fan…
“# Elon Musk thinks Neuralink is better than the metaverse in long term ” Tesla and SpaceX CEO Elon Musk showed no support for the metaverse and Web 3.0 ecosystems as he dismissed the terms for being used as buzzwords and marketing tactics. “I don’t see someone strapping a friggin’ screen to their face all…
“# Blockchain enables enterprise business models in the Metaverse ” Enterprise blockchain has come a long way since its inception in 2017. Blockchain for enterprise use initially began as a technology built on private, permissioned networks, primarily used for supply chain management. As blockchain matured overtime, enterprises began to leverage public, permissionless networks like Ethereum…
“# Behind the scenes of the first AAA shooter game built on the blockchain ” Shrapnel is the world’s first AAA shooter game built on the blockchain, at the intersection of community, creation, and ownership. The team is comprised of BAFTA and Emmy award-winning talent that has worked on blockbuster franchises such as HALO, Call…