Over $122M Bitcoin longs liquidated as BTC falls below $61K

Coinbase's Base network began onboarding end-users through a bridge UI, and the team announced Aug. 9 as the platform's official launch date. 47 Total views 1 Total shares Coinbase’s Base network has released a user interface (UI) for its official bridge, allowing end-users to onboard for the first time without relying on developer tools, according…

“We don't support NFTs in this household. Tragic end for a great auto battler,” wrote one unhappy anti-NFT gamer. 25 Total views 11 Total shares Indignant gamers have review bombed Storybook Brawl on Steam over fears of potential NFT and blockchain integrations following crypto exchange FTX’s acquisition of its developers Good Luck Games, LLC. Storybook…

Chinese firms bet on ‘Metaverse-like’ experiences for FIFA World CupChina-based technology companies are reportedly working on tech that would give Chinese soccer fans the ability to watch the FIFA World Cup within the Metaverse.The efforts are part of a five-year plan released by the Chinese government in early November to boost the capabilities and development…

Spanish cider companies are integrating blockchain to fight against counterfeit cider products and over-production. 898 Total views 21 Total shares Spanish cider makers Sidra Menéndez S.L. and Llagar Castañón S.L are using the Telos blockchain to track the production of their beverages. This will purportedly allow the cider makers to fight counterfeits and over-production. According to…

Users and investors delight as EIP-1559 is scheduled for July, but ETH miners are less than thrilled. 1482 Total views 8 Total shares A hotly awaited upgrade to the Ethereum network that may result in ETH becoming a deflationary asset is now scheduled for the “London” hard fork in July. Ethereum lead developer Tim Beiko previously…

Bear markets are for building out capacity on the layer-2 Lightning Network. Despite macroeconomic headwinds and sluggish price action, the Lightning Network, the layer-2 payments solution fo Bitcoin (BTC), continues to flourish.The Bitcoin Lightning Network reached a milestone capacity of 5,000 BTC ($96 million). In effect, more and more Bitcoin is being introduced to Lightning…

Each week we ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week our 6 Questions go to Paul Veradittakit, a Partner at Pantera Capital. Pantera Capital is one of the earliest and largest…

The new USDS stablecoin from Maker, now Sky, has a freeze function which the project's founder claims won't be part of the token at launch.