NFT Inspect and MoonPay Partner to Enable NFT Purchases on Twitter NFT Inspect, a popular tool for analyzing non-fungible tokens (NFTs), is teaming up with MoonPay to bring purchasing capabilities to its users on Twitter. The partnership will allow NFT Inspect users to…
Bitfinex Recovers $312,000 and 6.917 BCH from 2016 Theft Crypto exchange Bitfinex has successfully recovered $312,000 in cash and 6.917 BCH ($2,000) that were stolen in a 2016 hack. The assets were received from the United States Department of Homeland Security, which played…
Hong Kong Unlikely to Introduce Government-Backed Stablecoin, Says OKG Researcher According to a senior researcher at OKG, it is unlikely that the Hong Kong government will introduce a government-backed stablecoin. This comes in response to a recent academic proposal advocating for a government-issued…
Taylor Swift Approved $100 Million Sponsorship Deal with FTX Despite Previous Reports According to the New York Times, music megastar Taylor Swift approved a sponsorship deal with crypto exchange FTX last year, contradicting previous reports that she had walked away after conducting her…
Summary: Balancer, a decentralized finance (DeFi) protocol, has introduced the 8020 Initiative to address the lack of liquidity in DeFi. The initiative aims to replace the single-asset staking model with a two-token version, allowing holders to participate in protocol governance while providing liquidity…
Key Points: – Coin Metrics’ State of the Network report for Q2 2023 reveals a decrease in correlation between the cryptocurrency market and equities. – Bitcoin rose 82% in H1 2023, ranking third in terms of growth among assets with a market capitalization…
How to avoid a real-life Skynet Artificial intelligence (AI) is gaining popularity and adoption, raising concerns about a potential “Skynet” scenario. AI has made remarkable progress, but the lack of oversight poses risks. Blockchain technology can provide the necessary guardrails for AI’s development.…
Circle Launches Wallet-as-a-Service Platform for Developers Circle, the issuer of the USDC stablecoin, has introduced a wallet-as-a-service platform for developers. This service enables developers to integrate web3 wallets into their applications, providing a user-friendly design. The wallets are compatible with any blockchain, making…
Shytoshi Kusama Confirms Sponsorship of Events in Toronto Shytoshi Kusama, the leading developer of the Shiba Inu ecosystem, has officially confirmed the sponsorship of various upcoming events in Toronto, Canada, from Aug. 13 to 17, 2023. During the conference, Kusama will deliver a…