Gemini returns $2.18B to Earn users following 18-month withdrawal freeze
Gemini has announced a $2.18 billion distribution to its Earn program users 18 months after it suspended withdrawals.
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Japan’s Messaging Giant LINE Launches Its Own Cryptocurrency
Japanese social messaging giant LINE has launched its own cryptocurrency and in-house blockchain, according to an announcement released today, August 31.LINE has revealed that the genesis block of its new mainnent, LINK chain, was generated August 23. The company describes the mainnet as a “service-oriented” blockchain network that will enable decentralized apps (dApps) to be…

Chainalysis report finds most NFT wash traders unprofitable
Nonfungible tokens (NFT) have taken the world by storm, resulting in mainstream interest and greater adoption of cryptocurrency. According to blockchain analysis firm Chainalysis, NFT popularity skyrocketed in 2021. Chainalysis’ “NFT Market Report” shows a minimum of $44.2 billion worth of cryptocurrency sent to Ethereum smart contracts associated with NFT marketplaces and collections last year.…

Immutable announces in-game signing feature for Web3 gaming
The feature is limited to game-issued assets, but Immutable plans to expand it to IMX, USDC and ETH.

What is the Ethereum Prague-Electra (Pectra) upgrade?
Pectra upgrade, explained Ethereum’s Pectra upgrade combines two separate upgrades: the Prague upgrade and the Electra upgrade. The Prague upgrade is focused on changes to the network’s execution layer, with the Electra upgrade impacting the consensus layer. These upgrades, when combined, are collectively referred to as the “Pectra” upgrade. The Pectra upgrade will follow “Dencun,”

Coinbase faces new lawsuit over alleged investor deception
The plaintiffs claim Solana (SOL), Polygon (MATIC), Near Protocol (NEAR), Decentraland (MANA), Algorand (ALGO), Uniswap (UNI), Tezos (XTZ), and Stellar Lumens (XLM) are securities.

Facing Down Big Tech: How Blockchain Social Media Will Topple Zuckerberg
Big tech isn’t just big anymore. It’s grown into a ravenous Cthulhu-esque beast with its tentacles wrapped around almost every data point in our lives.But in the light of a House Judiciary report determining that “Facebook’s monopoly power is firmly entrenched and unlikely to be eroded by competitive pressure from new entrants or existing firms,”…

Cointelegraph’s Top 100 list reaches its 20s — Find out who got a spot
The next batch of Cointelegraph’s Top 100 features a U.S. politician, a former social media CEO and the concept of a digital universe. 273 Total views 2 Total shares The Cointelegraph Top 100 list has reached the leading 30 entries, and many notable individuals made it to the top. So far, the list includes many…

Decentralized physical infrastructure network (DePIN), explained
Discover how DePINs work: DePINs allow the sharing of physical resources like data storage and connectivity without intermediaries.