In A Nutshell A recent flurry of activity in a crypto wallet owned by billionaire Marc Cuban has caught the attention of the crypto community. After nearly two years of dormancy, the wallet associated with the Ethereum Name Service (ENS) domain “markcuban.eth” has initiated the sale of several non-fungible tokens (NFTs). Over a span of…
In A Nutshell Riot Platforms, a significant player in the blockchain and cryptocurrency mining industry, has recently escalated its efforts to influence the board composition of Bitfarms, another key mining entity. Riot disclosed it controls a 14.9% stake in Bitfarms and aims to install three new, independent members onto Bitfarms’ board. This move comes on…
In A Nutshell The past week has seen a significant downturn in the performance of U.S.-listed Bitcoin ETFs, marking a total net outflow of $900 million. This pattern of loss, persisting over five consecutive days, represents the most notable dip since mid-April. Notably, the majority of these outflows were led by Grayscale’s GBTC and Fidelity’s…
In A Nutshell The intersection of Web3 technology and the gaming industry promises a revolution in how players interact with games, offering a blend of play, ownership, and financial opportunities. Industry executives from Shrapnel, Ex Populus, Saga, HyperPlay, and MetalCore shared insights in a recent episode of Decentralize with Cointelegraph, discussing the current landscape and…
In A Nutshell Ethereum has witnessed a notable increase in daily active addresses, reaching a 10-month high, despite its recent price struggles. This activity spike contrasts with the platform’s trading volume, which has seen a decline during the same period. The implications of these trends on Ethereum’s price stability and overall network health are multifaceted…
In A Nutshell The cryptocurrency DEGEN experienced a dramatic rollercoaster, with a notable 40% increase in value within just 24 hours, before facing a sharp decline. This fluctuation in value has sparked a significant amount of attention and conversation within the crypto community, particularly among memecoin enthusiasts. The initial surge was closely followed by a…
In A Nutshell Bitcoin has recently experienced a notable level of fear, uncertainty, and doubt (FUD) on the social media platform X, with its price fluctuating around the $65,000 mark. This situation is highlighted by cryptocurrency intelligence platform Santiment, which pointed out the rarity of such a prolonged period of negative sentiment. Despite the downturn…
In A Nutshell Mirror World, a pioneering Solana gaming studio, has successfully secured a $12M raise in its inaugural Series A funding, with notable investors including Bitkraft, Galaxy Interactive, and Big Brain Holdings. The funding aims to bolster the development of Mirror World’s gaming rollup, Sonic, and its unique Software Development Kit (SDK) designed exclusively…
In A Nutshell The Web3 Foundation (W3F) has proposed a significant change to the Polkadot network, aiming to reduce the unstaking time for staked tokens from the current 28 days to merely two days. This adjustment, outlined in the Request for Comments (RFC)-0092 proposal, seeks to enhance user experience by providing greater liquidity and flexibility…
In A Nutshell The BNB Chain implemented the Haber hard fork, incorporating BEP-336, a development aimed at significantly enhancing data storage and processing efficiency. This update boasts of slashing blockchain fees by 90%, a move that not only optimizes transactions but also positively impacts the BNB Smart Chain (BSC) layer-2 costs. The introduction of blob-carrying…