Vitalik Buterin breaks down 2023 Ethereum Foundation spending
The Ethereum Foundation increased yearly spending on new institutions, which accounted for 23.8% of the foundation’s expenses in 2022.
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GameStop NFT back in the spotlight after partnership with Illuvium
The partnership will debut 20,000 nonfungible tokens in its inaugural collection. 232 Total views 1 Total shares On June 5, Ethereum blockchain game developer Illuvium announced a partnership with video game and consumer merchandise retailer GameStop to debut a 20,000 nonfungible token (NFT) collection starting June 12. As told by developers:According to developers, the "Illuvitars"…

Crypto market to hit $200T within 10 years — Animoca co-founder
Animoca's Yat Siu believes Asia is the fastest-growing Web3 market, while jurisdictions like the U.S. are lagging behind.

SEC custody rule made crypto regulation a ‘political football’ — Rep. Nickel
The SEC’s proposed crypto custody rule and its “hostility” to the industry isn’t in Joe Biden’s “best interests,” Representative Wiley Nickel told Gary Gensler.

TON struck by outage, no new blocks produced in 3 hours
The Telegram Open Network is no longer producing blocks following a frenzy of trading activity for a new memecoin called DOGS.

MiamiCoin has now raised $24.7 million… but who will benefit?
Recently, Cointelegraph spoke to Miami Mayor Francis Suarez following the announcement that Miami residents with a digital wallet can earn a Bitcoin dividend. The company that sets up the infrastructure to get Bitcoin dividends into the hands of citizens is CityCoins, an open-source protocol that provides fundraising mechanisms for cities. Miami and New York City are…

Blockchain Association unveils BA PAC to support pro-crypto from both US parties
The trade group includes many of the industry’s biggest names among its members; director Kristin Smith calls them “a great group to help steer the success of this enterprise.” 269 Total views 4 Total shares United States-based trade group Blockchain Association announced Monday that it had formed a political action committee, to be called BA…

Three reasons why the ‘other Ethereum’ has pumped 130% in the last week
Ethereum Classic has almost matched Dogecoin’s massive pump in the last seven days. 7598 Total views 26 Total shares Ethereum Classic (ETC) continues to maintain its parabolic price action advance that began in late March.Data from crypto market aggregator Coingecko shows ETC is up almost 50% in the last 24-hour trading period as of the…

German crypto bank Nuri with 500K users files for insolvency
Nuri, a German start-up crypto bank with 500,000 customers filed for insolvency on Aug. 9, citing major crypto sell-offs, insolvency of Celsius and other crypto funds earlier this year as a reason for the move. The crypto bank said the move will “ensure the safest path forward” for all its customers, but also stressed that the…