Ethereum L2 Movement Labs raises $38M for Move-EVM adoption
Through Facebook’s Move-based Ethereum virtual machines, Movement Labs aims to enhance smart contract security and transaction throughput within the Ethereum ecosystem.
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German government offloads its final Bitcoin holdings
The German government officially has zero BTC left after weeks of dumping its reserves onto the market, suppressing the price.

Vitalik thinks token-based decentralized governance is holding DeFi back
Buterin asserts that things need to move beyond coin voting as it exists in its present form, suggesting “proof-of-humanity” or “proof-of-participation” alternatives. 1323 Total views 11 Total shares Ethereum co-founder Vitalik Buterin has taken a deep dive into token-based decentralized governance, suggesting that existing voting mechanisms are flawed and may be holding the DeFi sector…

Jay-Z and Jack Dorsey-owned music streaming service could feature NFTs and smart contracts
Jay-Z and Jack Dorsey have hinted that their music streaming service, Tidal, could be eying integrations supporting nonfungible tokens (NFTs) and smart contracts. Speaking during a June 28 conference hosted on Twitter Spaces, the duo emphasized the importance of introducing features that empower the artists using the platform, citing smart contracts, NFTs, and analytics tools…

‘Multichain was a big blow’, says Andre Cronje as Fantom TVL slumps
Fantom's TVL dropped from over $364 million in early May to about $70 million on July 14. At its peak in 2022, Fantom's TVL topped $7.5 billion. 121 Total views 1 Total shares Fantom's co-founder Andre Cronje classified Multichain's debacle as a "big blow" to the smart contract platform, which saw a sharp decline in…

Imgur Receives $20M From Ex-Ripple CTO’s Payments Startup
Major image hosting platform and meme site Imgur received $20 million from micropayments startup Coil, according to a press release published on June 26Per the release, as part of the partnership between the two companies, the founder and CEO of Coil and former CTO of Ripple Stefan Thomas will join Imgur’s board of directors. Imgur…

Bitcoin can still crack $50K if gold correlation continues — Chart
Bitcoin (BTC) could get sucked toward $50,000 like a magnet if it continues to follow gold, fresh analysis predicts.In a Twitter update on Jan. 26, popular trader and market commentator TechDev presented a lofty new BTC price target tied to XAU/USD.Gold, Bitcoin inverse dollar correlation “without question”As the debate over how much Bitcoin will compete…

FC Barcelona’s $1.3M Token Sale Sold out in Less Than 2 Hours
Sales were expected to last 48 hours. 1208 Total views 27 Total shares Spanish soccer giant FC Barcelona has sold out its first FC Barcelona Fan Tokens (BAR), which were sold via sports-focused token platforms Chiliz.net and Socios.com.The $1.3 million sale ran its course in less than two hours. At its peak it sold $777,000…

Uniswap scam alert: Fraudsters impersonate executives and create fake website
Uniswap and its foundation have no association with the scam as efforts are being made to combat it. 45 Total views 2 Total shares Hayden Adams, the creator of the Uniswap protocol, recently expressed his surprise on Twitter regarding a scam where individuals created a fake Uniswap website.In a tweet, Adams showed his astonishment at…