Yuga Labs halts CryptoPunks project after ‘woke’ community backlash
A community member said that Yuga Labs killed CryptoPunks with the new Super Punk World collection, while another threatened to sell their punk NFT. Go to Source
Blockchain
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62 Crypto Projects Raise $474M in 20 Days, Led by Sophon and Securitize
According to the latest data, 62 blockchain or cryptocurrency projects have collectively raised $474 million over the past 20 days of May. Leading the charge, the entertainment-focused blockchain project Sophon garnered $60 million in a node sale, with Securitize following closely, raising $47 million. May Sees $474M Invested in Blockchain Startups Since the start of … Read more
How to create a memecoin on Solana?
Anyone can create a memecoin through Solana without too much hassle. The process simply requires a good idea. Go to Source
DTCC Smart NAV Pilot Utilizes Chainlink for Blockchain-Based Mutual Fund Data
The Depository Trust & Clearing Corporation (DTCC) has announced the successful completion of its Smart NAV pilot, leveraging Chainlink’s technology to enhance its Mutual Fund Profile Service I (MFPS I). The initiative aims to bring trusted data to blockchain ecosystems, facilitating more efficient data dissemination and consumption. Chainlink Boosts DTCC’s Smart NAV Pilot DTCC’s Smart … Read more
Accidental Bitcoin Transfer Pushes Satoshi Nakamoto’s Genesis Wallet Over 100 BTC
Based on the latest data, the well-known Genesis address owned by Satoshi Nakamoto now holds over 100 BTC after someone inadvertently sent 0.10754671 BTC, valued at $7,211, to the wallet. The current value of the wallet, which has never been spent, is estimated at $6.75 million. Another Unintentional Bitcoin Transaction Pushes up the Value of … Read more
Bitcoin’s Runes Protocol Hype Falls Short: Significant Drop in Activity and Fees
It has been 29 days since the halving and the launch of the Runes protocol, and since May 1, Runes activity has been underwhelming, falling short of the expectations set months prior. Similarly, the trend of Ordinals inscriptions has significantly declined over the past month. Runes Protocol’s Initial Excitement Dwindles Amid Decreased Activity Before the … Read more
Mid-May NFT Sales Drop by 8.97%, Top 4 Chains See Reductions
Between May 10 and May 17, non-fungible token (NFT) sales totaled $150.56 million, marking an 8.97% decline from the previous week’s figures. NFT sales have consistently decreased on a weekly basis, as four out of the top five blockchains by sales volume experienced reductions during this period. NFT Market Sees Consistent Decline In February, from … Read more
Mastercard Welcomes 5 Startups to Blockchain and Digital Asset Program
Mastercard’s Start Path Blockchain and Digital Asset program has expanded to include five new startups, aiming to explore innovative uses of blockchain technology. “Digital assets are becoming increasingly mainstream, speeding up commerce with trust and transparency,” Mastercard stated. Mastercard’s Digital Asset Program Expands Payments giant Mastercard announced Wednesday that five startups from around the world … Read more
US Treasury strategy would tighten virtual asset regs, increase use of AI
Better regulations, greater enforcement and AI are going to be the focus of the Treasury’s fight against illicit finance. Go to Source
The Hashgraph Association Partners With Qatar Financial Centre to Launch Digital Assets Venture Studio
The Hashgraph Association, a Swiss non-profit organization, has partnered with the Qatar Financial Centre (QFC) to launch a $50 million digital assets venture studio. The venture studio aims to support companies in developing regulatory-compliant decentralized finance (defi) solutions. Supporting Web3 Startups With Bankable Defi Solutions The Hashgraph Association, a non-profit organization based in Switzerland, has … Read more