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Aave DAO Passes Proposal to Deploy on Ethereum Layer 2 Metis Network

8.5.2023
The move could bolster market liquidity for the burgeoning Metis ecosystem, community members say

Louisiana Senator Compares Modern Banks to ‘Sophisticated Ponzi Schemes’

7.5.2023
Louisiana Republican senator John Kennedy recently stated in an interview published on Wednesday that the U.S. Federal Reserve may need to increase the federal funds rate to 8-10% to address the country’s inflationary pressures. Kennedy’s remarks come after he criticized the Biden...

Bitcoin Network Overwhelmed by 390,000 Unconfirmed Transactions and Surging Fees

7.5.2023
In just under two weeks, the number of unconfirmed transactions on the Bitcoin network has skyrocketed from 134,000 to over 390,000, causing a bottleneck in the mempool. This surge in unconfirmed transactions has resulted in a staggering 343% increase in transaction fees, which have risen from...

NFT Sales See Modest Increase of 1.46% to Reach $149M in Past Week

6.5.2023
In the past week, sales of non-fungible tokens (NFTs) have increased by 1.46%, raking in a total of $149,312,180. However, while the number of NFT buyers has risen by 22.48%, the number of NFT transactions has decreased by 8.78% compared to the previous week. Azuki Emerges as Top-Performing...

Nigeria Passes ‘National Blockchain Policy,’ Industry Player Says Central Bank Unlikely to Lift Crypto Ban

5.5.2023
The Nigerian Federal government said on May 3 it had passed what it called the “national blockchain policy.” The Nigerian minister of communications and digital economy, Isa Pantami, said the new policy is a product of consultations with 56 institutions and personalities. Lucky Uwakwe...

Google engineer concerned about losing AI edge to open source

5.5.2023
A leaked document from a senior software engineer sounds the alarm about Google’s edge in artificial intelligence

El Salvador Eliminates All Taxes on Technology Innovations, AI, App Programming

5.5.2023
El Salvador’s president, Nayib Bukele, has enacted a law that eliminates all taxes on technology innovations, software and app programming, AI, computer, and communications hardware manufacturing. The law is expected to boost the country’s technology sector, generate more jobs for...

Bitcoin’s Frenzy of Activity Pushes Average Transaction Fee Over $7, Nearly 2-Year High

4.5.2023
The average transaction fee on Bitcoin has shot above $7, pushing total fees up nearly five-fold in two weeks– thanks to a surge in Ethereum-style “BRC-20” tokens and NFT-like “inscriptions” on the increasingly popular Ordinals project

Blockchain Developer Platform Alchemy Launches Public Support for ZK Rollup StarkNet

4.5.2023
The blockchain is the first with native account abstraction that the web3 developer platform offers, allowing developers to build applications with Alchemy’s infrastructure on StarkNet

Layer 2 Network Optimism to Use Ethereum Attestation Service to Promote User Trust

4.5.2023
The attestation service will allow any Optimism user to create digital sign-offs on all kinds of information involving the blockchain’s activities and users

Consensus 2023: Businesses show interest in Web3, despite US regulatory challenges

4.5.2023
Despite negative sentiment toward crypto adoption in the United States, Consensus 2023 attracted thousands of attendees to discuss the potential of blockchain technology and cryptocurrency

Arbitrum-Based Exchange Chronos Attracts $170M to Yield Pools in a Single Day

4.5.2023
The price of the DEX’s native chr token jumped 25% in 24 hours

Solana Founder Brushes Off FTX Woes, Remains Confident in Crowded Blockchain Landscape

4.5.2023
Prominent projects are porting over to the Solana network and developer activity remains strong, Anatoly Yakovenko said in a CoinDesk TV interview

Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet

4.5.2023
Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. dollar. Srinivasan paid a total of $1.5 million, more than the initially committed $1 million, with two-thirds of...

State regulators crack down on fraudulent cryptos promoted as 'Elon Musk AI Tokens' and 'TruthGPT Coin'

3.5.2023
According to the cease and desist order, investors are being given the impression that Elon Musk endorses "TruthGPT Coin"

Curve Finance Deploys Native Stablecoin on Mainnet

3.5.2023
The deployment marks a major milestone for the public release of Curve’s highly anticipated native stablecoin

Global Dark Web Crackdown: 288 Arrested, Drugs, Guns, and Crypto Seized

3.5.2023
The US and international law enforcement have made 288 arrests and seized over $53 million in cash and cryptocurrency as part of a major dark web crackdown. In a Tuesday press release, the US Justice Department said the operation, started in 2021, spanned across the United States, Europe,...