Optimism set to unlock $587M worth of OP tokens, will investors unload?

Co-founded in 2018 by Chinese R&D expert Tang Hongbo, DeBank allows users to track 798 protocols across 17 chains. 282 Total views 18 Total shares DeBank, a cryptocurrency wallet focused on decentralized finance (DeFi) solutions, has closed new funding led by major venture capital firm Sequoia China.The firm announced Tuesday on Twitter that it raised…

After facing multiple delays, Filecoin (FIL) is now looking toward a mainnet launch in Q3 2020 — which will be supported by a Gemini exchange custody solution.Filecoin will send ICO participants their FIL coins on Gemini’s custody platform after the project’s expected Q3 launch, Gemini said in a Feb. 25 announcement.A file storage solutionThe Filecoin…

Satoshi Nakamoto would have approved. Pornhub now accepts Bitcoin (BTC) and Litecoin (LTC) as payment for its premium services. The company has been accepting Verge since 2018, later adding several other cryptocurrencies, but this is its first foray into the major leagues. Pornhub’s vice president Corey Price said in the press release:“As a leader in…

Developers pointed out the "monopolization of content and data" in centralized social media platforms as a need to create a decentralized alternative. 304 Total views 1 Total shares Via a July 6 announcement, decentralized social media protocol DeSo has issued a $1 million bounty for building a competitor to Reddit using its native blockchain. In…

Supplying AI apps with computing power is a multibillion-dollar opportunity for Bitcoin miners.

U.S. District Judge Consuelo Marshall has rejected AT&T’s bid to dismiss a lawsuit that alleges the company was negligent for failing to prevent the theft of $1.8 million in crypto from investor Seth Shapiro.In the judge’s order allowing the suit to continue, Shapiro’s claims of negligence, negligent supervision, claims brought under the Computer Fraud and…

“When you have a good crypto wallet like Novi will be, you also have to think about how to help consumers support NFTs,” Facebook’s David Marcus said. 642 Total views 267 Total shares As Facebook now finalizes the development of its proprietary cryptocurrency wallet, Novi, the social media giant could soon be supporting nonfungible tokens…

Ether (ETH) price faced fresh selling pressure on Dec. 19 as a giant transaction associated with the PlusToken ponzi scheme worried traders.Data from Twitter-based monitoring resource Whale Alert, a single movement of 789,525 ETH ($105.1 million) between a known PlusToken wallet and an unknown recipient occurred early Thursday. Giant transaction turns traders bearish on ETHPlusToken, which…