EIP-1559 Has Burned 2 Million Ethereum
Key Takeaways Ethereum has burned 2 million ETH via EIP-1559. The blockchain's next protocol update is "the Merge" from Proof-of-Work...
Technology
Millions Lost as Solana DeFi App cashio Suffers Hack
Key Takeaways The Solana stablecoin protocol cashio suffered an "infinite mint glitch" exploit. A hacker drained millions of dollars from...
MetaMask partners with Mastercard for a self-custody debit card pilot program
MetaMask and Mastercard launches a self-custody debit card pilot program in the UK and EU. The card converts crypto to...
Polygon Unveils Supernets, $100M Grants Package
Key Takeaways Polygon has announced a new developer framework called Supernets. Supernets will help bootstrap enterprises looking to build applications...
Ethereum Service Provider Infura Suffers Another Outage
Key Takeaways Infura suffered an outage today. The issue caused major disruption across the Ethereum ecosystem. Users can either run...
Polkadot Ecosystem Goes Multi-Chain With XCM Launch
Key Takeaways Polkadot has launched XCM, a "Cross-Consensus Messaging" format allowing communication between the network's various parachains. With XCM's integration,...
The Terra Blockchain Has Been Halted
Key Takeaways Terra validators have halted the blockchain in response to the ongoing LUNA and UST crisis. Due to UST...
Enhanced Web3 Wallets to Boost Crypto Adoption, Experts Say
Web3 wallets are becoming increasingly important instruments for widespread adoption in the crypto scene. Experts like Luis Ocegueda, Head of...
Blockchain Is in McKinsey’s 2024 Top Tech Trends List
In its latest report, “Technology Trends Outlook 2024,” McKinsey & Company includes blockchain as one of the significant technological advancements....
Aave Makes Web3 Social Bet With Lens Protocol Launch
Key Takeaways Aave Companies has launched its social media tech stack, Lens Protocol. Users can now mint a Lens Profile...
Why Tune.FM Is a Game Changer for Music Streaming
The traditional music industry has long been plagued by inefficiencies and unfair compensation for artists. Andrew Antar, co-founder of Tune.FM,...
Chainlink Debuts Digital Assets Sandbox for Financial Institutions
Today, Chainlink, a decentralized blockchain oracle network built on Ethereum, has unveiled its new Digital Assets Sandbox (DAS). This transformative...
Ethereum Developer Says the Merge Could Ship in August
Key Takeaways Preston Van Loon has told Permissionless conference attendees that the Ethereum Merge could happen as soon as August....
Mark Zuckerberg Vows to Open-Source AI with Llama 3.1
Mark Zuckerberg, CEO of Meta Platforms, has announced a significant shift towards open-source artificial intelligence (AI) by releasing Llama 3.1...
Brazil to Launch AI-Powered CBDC Super App by 2025
Banco Central do Brasil, Brazil’s central bank, has announced its intention to develop a “super app” that will integrate artificial...
GameStop Has Launched an Ethereum Wallet
Key Takeaways The world's largest video game retailer, GameStop, has launched a non-custodial Ethereum wallet. The wallet will let gamers...
Uniswap Passes $1 Trillion in Trading Volume
Key Takeaways Uniswap has surpassed $1 trillion in cumulative trading volume. Three and a half years after its launch, Uniswap...
Interac has aquired Canadian rights to use Vouchr’s multimedia platform
The popular Canadian payment processing company, Interac, has recently acquired the exclusive Canadian rights to utilize Vouchr’s innovative multimedia platform...
Avalanche Wants Otherside to Ditch Ethereum for a Subnet
Key Takeaways Avalanche has submitted a proposal to the ApeCoin DAO offering to help it move its Otherside Metaverse on...
Bitcoin ATM installations are approaching 2022’s record high, driven by recent surge in BTC price
Coin ATM Radar data shows that the global crypto ATMs market is on the cusp of surpassing the peak of...
Forget Web3, Dorsey’s TBD Says. Web5 Is the Future Now
Key Takeaways Jack Dorsey's TBD has announced that it will build a decentralized web platform on top of Bitcoin called...
Base Network Pushes for Stage 1 Decentralisation
Coinbase’s layer 2 chain, Base, begins the journey to Stage 1 Decentralisation by deploying fault proofs on the Base Sepolia...
