Ethereum Name Service plans layer-2 migration to reduce gas fees, boost speed
The proposed ENSv2 aims to lower gas fees and improve transaction speed by moving out of Ethereum and transferring to a layer-2 network.
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A hefty amount of Bitcoin short positions will be wiped if Bitcoin returns to $70,000, a price level it hasn’t seen in 12 days.

Ripple Transfers 500 Million XRP From Its Escrow Wallet
Fintech startup Ripple has transferred 500 million XRP tokens from its escrow wallet, according to data from Whale Alert, a live tracker for cryptocurrency transactions, on Sept. 3.The San Francisco-based firm has moved 500 million of its native XRP tokens (around $130.1 million at press time) from its escrow wallet to Ripple. The latest token…

VanEck to shutter Ethereum futures ETF
Spot Ethereum ETFs are stealing the show and killing demand for futures-based crypto ETFs.

Japan’s Line Replaces Singapore Crypto Exchange With New US Platform
Japanese messaging giant Line has shuttered its Singapore-based crypto exchange and relaunched it as a global, rebranded United States-based platform.On Feb. 27, the team of the exchange — which first launched as BitBox in Singapore back in 2018 — revealed that the new U.S. platform will take the new name BitFront.All changes to take immediate…

DAOs: Where humans may fail, AI could succeed
Decentralized autonomous organizations (DAOs) offer a new way of organizing businesses in a non-hierarchical structure that encourages participation from every member of a community. With no central leadership and decisions made collectively, DAOs could revolutionize the way we think about work, but their implementation is not without challenges. The term DAO is sometimes used to refer…

Bitcoin is a miracle and better than gold, says Apple co-founder Wozniak
Apple co-founder Steve Wozniak declared “Bitcoin is the only digital gold” years ago, but he claims that he still hasn’t invested in BTC. 3724 Total views 141 Total shares Apple co-founder Steve Wozniak has reportedly reiterated his positive stance on Bitcoin (BTC) despite not being a Bitcoin investor himself.A vocal proponent of Bitcoin who once…

OnlyFans offers NFT profile picture feature
One more social network seeks to maximize creator gains by integrating NFT capabilities into its platform. 384 Total views 14 Total shares Amrapali "Ami" Gan, OnlyFans' CEO, commented in a statement to Reuters that the online subscription platform known for adult content will enable creators to make nonfungible token, or NFT, profile pictures."Our mission is to…