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Optimism Foundation Executes $89 Million OP Private Token Transaction


The Optimism Foundation recently sold approximately 19.5 million OP tokens, valued at nearly $90 million, to an unnamed buyer, with these tokens being sourced from the unallocated segment of their OP Token treasury initially set aside as working capital. This sale is part of the foundation’s...

Red Vs Blue Creator Rooster Teeth Shut Down By WB Discovery


Rooster Teeth, a Warner Bros. Discovery Global Streaming & Interactive Entertainment subsidiary, is ending operations after 20+ years. The news was announced on March 6 in a company memo and blog post on the digital content creator’s site. Read more

Akash Network’s AKT rises 10% as Coinbase adds it to its roadmap


Coinbase has announced that it is adding Akash Network to its roadmap. That signals the potential listing of AKT on the platform, enabling customers to trade the token in the market. It caused a surge of nearly 10% in the valuation. While AKT has retraced to a lower value, the community is ready...

Disney Movie Club Is Closing In Another Blow To Physical Media


Securing physical copies of a number of Disney classics is about to get a lot harder. Disney has announced today that after 23 years of service, it will be shuttering the Disney Movie Club later this year. Disney Movie Club is a subscription service for diehard fans that, since 2001, has provided...

Moonwell Introduces ‘USDC Anywhere’ for Cross-Chain Lending and Borrowing


Moonwell has launched a new feature called “USDC Anywhere,” designed to facilitate the cross-chain lending and borrowing of the USD Coin stablecoin directly across various Ethereum networks. Following the launch on Feb. 14, a Moonwell blog post revealed that USDC Anywhere untilized Circle’s...

Promising new NFTs: DogeBirds, Moonbirds on Dogecoin


Dogebirds: Going to fly to the moon? Dogebirds is a new collection of Moonbirds registered on the Dogecoin blockchain. It’s a winning combo. Its launch is eagerly awaited, and is scheduled for early February on the reference site drc-20.org: https://drc-20.org/launchpad  You can find their...

Doom’s Unconventional Journey: Now on Bitcoin, Dogecoin, and Gut Bacteria


The iconic first-person shooter game Doom has surpassed traditional platforms and made it onto blockchain networks like Bitcoin and Dogecoin. Using protocols like Ordinals, enthusiasts have inscribed simplified versions of Doom on the Bitcoin (BTC) network. Ordinals refer to a relatively recent...

EU Moves to Ban Bitcoin to Meet Energy Goals – Report


Source: Pixabay A recent report has indicated that Proof-of-Work (PoW) consensus networks, like Bitcoin, may be banned in the European Union (EU). Daniel Batten, a managing partner at CH4 Capital, shared on his X (formerly Twitter) handle that the European Central Bank (ECB) and European Securities...

Portal Raises $34 Million to Develop Decentralized Bitcoin Cross-Chain Swaps


Fintech provider Portal has raised $34 million in seed funding to develop its Bitcoin-based decentralized exchange (DEX) which will aid cross-chain swaps between multiple networks. In a Jan 30 announcement, the company disclosed an exit from stealth mode and an inflow of $34 million to build...

US Treasury Announces New Sanctions Against Hamas-linked Crypto Companies


The United States Department of the Treasury’s Office of Foreign Assets Control has imposed new sanctions on facilitators and networks involved in crypto transactions linked to the Palestinian militant group Hamas. In an announcement posted on January 22, the Office of Foreign Assets Control...

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