Cryptocurrency exchange Coinbase revealed last week that it’s launching its own Ethereum layer-2 network, and investors may be warming up to the announcement despite a regulatory crackdown across the digital assets industry. Coinbase’s stock price rose nearly 10% Tuesday to $64.83 per share, the largest daily gain since shares rose over 13% on Feb. 15. Since the company revealed the…
Israel’s public stock exchange is suggesting regulatory amendments that would permit some clients to trade crypto assets. The proposals, which have been put forward for public consultation, come at the backdrop of a growing number of regulated institutions getting involved in the digital asset market, the exchange noted. TASE Exchange Moves to Regulate Cryptocurrency Trading for Brokers The Tel Aviv…
Orange Comet CEO: ‘We’re Trying to Build the Disney of Web3’ Dave Broome, CEO of NFT design and production studio Orange Comet, spoke to Decrypt’s Stephen Graves at NFT Paris about how his company takes “large, popular IP” and turns it into NFT content and Web3 worlds around it. Source: https://decrypt.co/videos/live-events/o75uDsuS/orange-comet-ceo-were-trying-to-build-the-disney-of-web3
Upstart marketplace Blur has risen to the top of the NFT world in recent weeks, vaulting ahead of longtime leader OpenSea through tokenized trading rewards. The cause of the surging trading volume has split opinion in the NFT space, prompting a notable Web3 analytics firm to discount much of the recent trading data from the Blur marketplace. CryptoSlam, a leading…
Stacks is one of the first blockchains to enable a way for minting Bitcoin (BTC) Ordinals, which puts it in an excellent position to benefit from the hype. However, Ordinals have invoked an issue from the past where Bitcoin maximalist ideologies will be tested if the NFTs lead to network congestion. On top of that, Stacks has yet to deliver…
Stacks is one of the first blockchains to enable a way for minting Bitcoin (BTC) Ordinals, which puts it in an excellent position to benefit from the hype. However, Ordinals have invoked an issue from the past where Bitcoin maximalist ideologies will be tested if the NFTs lead to network congestion. On top of that, Stacks has yet to deliver…
The Bitcoin blockchain has 40.49 gigabytes (GB) to go until it reaches half a terabyte (TB), and with the recent trend of Ordinal inscriptions, it’s likely to get there faster. The average block size reached a high of 2.52 megabytes (MB) on Feb. 12, 2023, but block sizes have subsided and dropped to an average of 1.634 MB by Feb.…
The month of February was filled with investors’ hope that an earlier-than-expected Federal Reserve policy pivot would occur, but this sentiment faded as the inflation and employment data came in hotter than expected. While the start of the month was bullish for the crypto market, Bitcoin (BTC) retraced 60% of the move from February’s low at around $21,500 to the…
The month of February was filled with investors’ hope that an earlier-than-expected Federal Reserve policy pivot would occur, but this sentiment faded as the inflation and employment data came in hotter than expected. While the start of the month was bullish for the crypto market, Bitcoin (BTC) retraced 60% of the move from February’s low at around $21,500 to the…
Unity, one of the most popular game developer engines for creating 3D game environments, has added a “decentralization” category in its Asset Store to show devs the kinds of Web3 tools and protocols they can integrate into their video games. The page includes 13 different “verified solutions” that Unity says it has vetted for developer use. While the complete list…
