Hollywood’s Baobab Studios has won nine Emmy Awards for its short films and virtual reality (VR) experiences. Now, they’re branching out into the world of Web3 with a family-friendly project called “Momoguro” and an accompanying Ethereum NFT collection. Created by multimedia director and animator Martin Allais and writer-director Nico Cassavecchia, Momoguro is a colorful fantasy world where creatures called “Momos”…
Silvergate Capital Corporation, the parent company of Silvergate Bank, delayed its annual 10-K report filing with the U.S. Securities and Exchange Commission on Wednesday, telling the agency it “needs additional time” to allow an independent accounting firm to complete certain audit procedures. In the filing, Silvergate also cited “a number of circumstances” that will “negatively impact” the timing of the…
While centralized exchanges are thought to be safer and more efficient, proponents of decentralized platforms like Tim Shan insist that user experience on decentralized exchanges has improved. In addition, inherent benefits associated with decentralized exchanges such as the self-custody of assets make look more appealing than centralized exchanges. Decentralized Exchanges Closing the Gap Despite seemingly possessing the edge over centralized…
Donations made in cryptocurrencies are proving to be a fast and far-reaching means of providing financial aid during times of crisis, according to multiple industry players. This has proven to be the case after devastating earthquakes hit parts of Turkey and Syria in February. Blockchain analytics firm Chainalysis estimates that around $5.9 million of donations have been made to support relief efforts…
Self-custody infrastructure provider Safe (formerly known as Gnosis Safe) is rolling out new tools for Web3 developers, letting them tap account abstraction as an alternative to the traditional private and public key crypto wallet setup. Called Safe{Core}, the new software development kit (SDK) was launched in partnership with payments processing giant Stripe and Web3 infrastructure providers Gelato and Web3Auth. The…
Decentralized storage networks are getting increasingly popular over mainstream centralized ones such as AWS, Google and Microsoft. The primary reason for the shift is low cost of operations and security. Some of the notable decentralized storage platforms are Filecoin, Siacoin, Bititorent, and Storj. Among these platforms, Storj has developed a new scalable solution called Storj NEXT, promising more scalable decentralized…
Crypto donations collected by the government in Kyiv since the start of the Russian invasion have amounted to almost $70 million, according to Chainalysis. Ether has been the most donated crypto followed by bitcoin and the stablecoin tether, the blockchain intelligence firm said in a report. Ukraine Receives Millions of Dollars in Various Coins From the Global Crypto Community The…
The price of Ethereum’s native token, Ether (ETH), shows a growing conflict among traders about the market direction for March. This uncertainty has resulted in ETH price consolidating inside a narrow sideways range between $1,600 and $1,700 since Feb. 15. 25% ETH price correction on the table in March The uncertainty stems from Ethereum‘s long-awaited Shanghai upgrade going live some…
press release PRESS RELEASE. VICTORIA, Seychelles — Bitget, a leading crypto derivatives exchange and copy trading platform, has announced direct integration with TradingView, a charting and trading platform used by millions of traders worldwide. The given addition will further expand the usability of Bitget’s service, offering users the chance to trade crypto without leaving the TradingView interface and make more…
Trading platform Robinhood has launched its Web3 wallet on Apple’s App Store, becoming available to iOS users in over 130 countries. Robinhood shared the news in a Mar. 1 post, stating that users would no longer need to sit on a waitlist to access the new multi-chain, self-custody wallet. It added that it will be supported on Android “later this…
