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The Cardano network is on the brink of a significant upgrade with the upcoming Chang hard fork, set to be deployed in the next few days. This upgrade will introduce new features and mark the blockchain’s transition into a community-run network. Originally scheduled for August 27, the launch has been postponed to September 1, 2024,
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WazirX, a crypto platform, recently faced a significant setback after a $234 million hack in July. In response to this, the platform has entered into an initial 30-day moratorium, awaiting a decision from Singapore’s High Court on whether to grant an extension. This decision was prompted by a filing from Zettai Pte, the Singapore-incorporated company
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OpenSea CEO Devin Finzer recently revealed that the company has received a Wells Notice from the SEC, raising concerns about the classification of NFTs as securities. This move has sparked outrage within the NFT community, with Finzer expressing surprise at the regulator’s actions against creators and artists. The decision by the SEC to target NFTs
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Gameplay Galaxy, a rising star in the world of blockchain gaming, has recently secured $11.17 million in a seed extension round, bringing its total valuation to an impressive $71 million. This funding, co-led by Blockchain Capital and Merit Circle, will primarily be used to further develop Trial Xtreme Freedom, the company’s groundbreaking blockchain-based game. However,
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In a significant shift in the world of decentralized finance (DeFi), Maker has recently undergone a rebranding, changing its name to “Sky” and introducing key upgrades to its stablecoin system. The once-popular DAI stablecoin has now been rebranded as USDS, with the MKR governance token also transforming into SKY. This rebrand marks a new era
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France has long been considered a hub for crypto businesses, with major players such as Binance and Crypto.com establishing their European headquarters in Paris. The country has enjoyed favorable tax rates, a talented workforce, and a strong culture of innovation in the Web3 space. Additionally, France was quick to implement clear regulations for the crypto
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Sony Blockchain Solutions Labs, in collaboration with Startale Labs, has recently unveiled their ambitious project – Soneium. The primary goal of this blockchain platform is to bridge the gap between Web3 and Web2, making blockchain technology more accessible and user-friendly for the general population. By focusing on creating a platform that is not only accessible
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