Telegram’s crypto holdings rose to $1.3B in H1 2024: Report
Telegram’s crypto holdings jumped from $400 million to $1.3 billion in H1 2024, driven by Toncoin sales and strategic deals.
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Inflation-pegged ‘flatcoin’ launches testnet to track the cost of living
Blockchain tech firm Laguna Labs has launched a testnet for its in-development “flatcoin” — a spin-off of stablecoin tokens — pegged to the cost of living rather than a fiat currency or a commodity. In an Oct. 24 announcement, Laguna Labs said that the Nuon flatcoin is unlike tokens tied to fiat currencies, such as…
Hermès reveals plans for Metaverse fashion shows, crypto, and NFTs
The trademark application comes months after filing a lawsuit against NFT project MetaBirkins for allegedly using its Birkin brand to sell digital collectibles. 66 Total views 11 Total shares Luxury brand Hermès is laying the groundwork for its entrance to Web3 after filing a trademark application covering NFTs, cryptocurrencies, and the Metaverse. According to an Aug.…
Crypto clicker games need real token use cases to be sustainable
As Notcoin and Hamster Kombat continue to amass millions of users, experts question the long-term viability of crypto clicker games.
Rapid growth in DeFi-focused Ethereum liquid staking derivatives platforms raises eyebrows
Ether’s (ETH) DeFi activity has declined in the bear market and the sector faces further competition from Ethereum’s annual staking reward of 4%, according to Glassnode analysts. However, a DeFi narrative is building around liquid staking derivative (LSD) tokens that could revive Ethereum’s network activity.The percentage of gas consumed by DeFi protocols has dropped from…
Chinese Journalist Shares Report on COVID-19 on Ethereum, Bypassing Censor
Amid censorship in China of all coronavirus-related content circulating online, Sarah Zheng, a journalist for the South China Morning Post, claimed to have managed to publish an interview made to a doctor about the coronavirus within Ethereum network.According to a tweet published by Zheng, Dr. Ai's words from Wuhan (the epicenter of the COVID-19 outbreak)…
ChatGPT’s capabilities are getting worse with age, new study claims
Some of ChatGPT's responses have shown the model's accuracy deteriorated over the last few months and researchers can't figure out why. 289 Total views 9 Total shares OpenAI’s artificial intelligence-powered chatbot ChatGPT seems to be getting worse as time goes on and researchers can’t seem to figure out the reason why. In a July 18 study,…
Canceled by Corona: A Developing List of Finance Practices Halted due to Pandemic
By this point, everyone knows that Coronavirus, also known as COVID-19, has wreaked havoc on the world economy. The ongoing pandemicOn March 13, crypto markets saw an unprecedented collapse alongside the worst day in the traditional markets since 1987. Beyond the markets tanking, the risk of spreading the highly contagious virus has led many countries to…
Nonfungible Tokens Could Change the Way We Own Things
Blockchain technology is widely associated with the exchange of interchangeable digital assets, from payment systems like Zcash (ZEC) and Libra to platforms like Ethereum and Substrate, using what are known as fungible tokens. An item that is fungible is interchangeable with another identical item. Your dollar bill and my dollar bill, your Bitcoin (BTC) and…