Telegram-style ‘mini DApps’ come to LINE with Kaia mainnet launch
Messaging app LINE is set to get “mini DApps” witht the launch of Kaia’s mainnet, following the likes of rival Telegram which launched a similar feature last year. Go to Source
Month: August 2024
TON back online after second DOGS-related outage in 36 hours
The Open Network is back online again after the demand for a new memecoin called DOGS caused the network to go down twice in 36 hours. Go to Source
Cybercapital Founder Justin Bons: L2s Are ‘Parasitic’ to Ethereum
Justin Bons, founder and CIO of Cybercapital, a Europe-based cryptocurrency fund, has warned about the effect that the rise of Ethereum L2s is having on the main chain. Bons stated that the activity that Ethereum should be experiencing is happening on L2s, and that is bringing fragmentation and more inflation to the ETH ecosystem. Cybercapital … Read more
Meta is planning mixed reality glasses they’re calling ‘Puffin’ — Report
Meta is reportedly working on a new pair of mixed-reality glasses in a bid to upset the Apple Vision Pro’s dominance in the augmented-reality wearable market. Go to Source
Solayer Secures $12 Million to Enhance Solana’s Restaking Capabilities
Solayer has raised $12 million in a funding round led by Polychain Capital to advance its integrated restaking network on the Solana blockchain. The initiative aims to address Solana’s scalability and transaction inclusion challenges by leveraging a novel approach to staking and network bandwidth optimization. Solana Restaking Project Solayer Attracts $12 Million Investment According to … Read more
Polygon MATIC may be ‘brewing’ reversal amid sudden spike in onchain activity
On-chain activity for the Ethereum layer-2 network has picked up recently, but token prices remain at deep bear market levels. Go to Source
Nigerian Civil Society Groups Praise Crypto Tax Proposal
A coalition of Nigerian civil society organizations has applauded the plan by Zacch Adedeji, head of the Federal Inland Revenue Service, to include cryptocurrencies in the tax system. The CSOs believe this move will boost confidence in the crypto market and attract foreign investors. The CSOs believe a regulatory framework specifically designed for cryptocurrency trading … Read more
DeFi network Radix team cuts 15% of staff, citing need to ‘refocus’
Piers Ridyard, the CEO of RDX Works said the cuts are part of a “more comprehensive set of changes that need to be made.” Go to Source
AI crypto tokens wobble as Nvidia posts good but not good enough earnings
AI-related tokens slumped as Nvidia’s Q2 earnings beat Wall Street estimates but failed to impress investors. Go to Source
40 Nations Join US and South Korea in Combating North Korean Crypto Crimes
The U.S. Department of State and the Republic of Korea’s Ministry of Foreign Affairs co-hosted a symposium in New York City on Tuesday, focusing on protecting the virtual asset industry from exploitation by North Korea (DPRK) and disrupting its revenue generation. The event aimed to curb DPRK’s efforts to fund its weapons of mass destruction … Read more