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From combating artificial intelligence and space connectivity oligopolies, blockchain is being used in different ways to improve the status quo. As the crypto space developed, blockchain use cases expanded from simple digital currencies and non-fungible tokens (NFTs) to more complex areas such as digital identity verification and telecommunications. Ahead of the Token2049 event in Dubai,…
Dogecoin, in particular, has seen a notable spike in online discussions as various ETF applications are being considered in the US, says Santiment’s Brian Quinlivan. Online discussions about memecoins have hit a year-to-date high, gaining considerable attention after sentiment cooled earlier in the year, according to onchain analytics platform Santiment. Two weeks ago, discussions around…
Sky proposed penalties on Maker tokenholders who are slow to upgrade to SKY tokens as the DeFi protocol pushes to finish its changeover. Decentralized finance (DeFi) lending platform Sky has pitched a proposal to finalize its upgrade from Maker by replacing its governance token and enabling staking. The proposal, posted on May 1 to Sky’s…
Coinbase is halting trading of Movement Labs’ MOVE token on May 15, citing noncompliance with its listing standards. Crypto exchange Coinbase has announced it will suspend trading of Movement Labs’ native token effective May 15. The decision was shared in a May 1 post on X, with Coinbase citing the token’s failure to meet its…
The introduction of Ethereum R1 deviates from traditional layer-2 developments that have come to characterize Ethereum’s scaling networks. A group of developers within the Ethereum ecosystem, operating independently of the Ethereum Foundation, have announced Ethereum R1 — a layer-2 (L2) scaling solution for the Ethereum network that does not include a native token. According to…
Honey fraud is a growing global issue, but blockchain-powered self-sovereign identity (SSI) offers an effective solution to tackle food fraud with tamper-proof verification. Opinion by: Fraser Edwards, co-founder and CEO, Cheqd Brutal honesty has its place, especially when confronting discomfort, so here’s one that can’t be sweetened with honey: 96% of imported honey in the…
Bitcoin volatility drops to a 563-day low, suggesting asset maturity as Arthur Hayes forecasts a $1 million BTC price by 2028 amid rising ETF flows and investor confidence. Bitcoin is showing signs of maturity as a global financial asset, with price volatility dropping to its lowest level in more than 500 days, according to new…
Miden, a zk-powered blockchain spun out of Polygon Labs, raised $25 million led by a16z to scale edge execution and support institutional blockchain adoption. A16z Crypto led a $25 million investment round into Miden, an independent blockchain project spun out of Polygon Labs. Miden closed its $25 million seed rounds led by a16z Crypto, 1kx,…
Regulations are not the enemy of Web3 innovation. Clear, risk-based frameworks can unlock DeFi’s potential while protecting users. Opinion by: Hedi Navazan, chief compliance officer at 1inch Web3 needs a clear regulatory system that addresses innovation bottlenecks and user safety in decentralized finance (DeFi). A one-size-fits-all approach cannot be achieved to regulate DeFi. The industry…
BlackRock’s BUIDL has the highest market cap of all tokenized treasury funds and accounts for 41% of the sector’s assets. New data from RWA.xyz, a platform tracking tokenized real-world assets, shows that six entities are responsible for 88% of all tokenized US Treasurys. The data suggests a concentration among a few funds as the market…