Amidst a spate of failed transactions and its current effort to fix the issue, Austin Federa, Head of Strategy at Solana Foundation, announced the passing of a governance proposal called “Timely Vote Credits.” The proposal, […]
The Bank for International Settlements (BIS) and seven central banks embark on a journey to redefine financial systems through tokenization. Named Project Agorá, this initiative marks a pivotal step towards the fusion of digital and […]
Fantom is the latest Layer 1 blockchain actively courting meme coins amid the wave of explosive growth these assets have had. Andre Cronje, the network’s founder, disclosed his ongoing examination of meme coins and the […]
Ripple, the company behind the XRP Ledger, has announced its entry into the stablecoin market, a sector currently dominated by players like Tether’s USDT and Circle’s USDC. The new stablecoin, yet to be named, will […]
Sony Bank, a Japanese commercial bank from Sony Financial Group, has launched a proof-of-concept experiment to develop a stablecoin pegged to fiat currencies, including the Japanese yen. The initiative aims to explore the potential of […]
Frax Finance is expanding its reach by integrating with the Cosmos ecosystem through a partnership with Noble. This move will make Frax’s stablecoin, FRAX, and its staked version, sFRAX, accessible within the Cosmos network, known […]
Andre Cronje, a renowned DeFi architect, has cast a speculative gaze upon Ethena Protocol’s stablecoin, USDe, probing its potential to follow the tumultuous path of TerraUSD. These insights contrast past predictions on industry risks with […]
Accusations are mounting against Meta, Facebook’s parent company, for allegedly granting Netflix access to users’ private messages on Messenger, sparking significant concerns over user privacy and corporate ethics. The alarming claim emerged from an antitrust […]
Overclock Labs, the force behind Akash Network, teamed up with ThumperAI, a generative AI startup, to embark on a foundational model training endeavor utilizing Akash Network’s GPUs. This collaboration, taking place towards the end of […]
Vitalik Buterin sheds light on how the Dencun hard fork improved the blockchain’s scaling and efficiency. Indeed, proto-danksharding marks a significant shift, reducing transaction fees for rollups by a staggering factor of over 100. According […]
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