Reddit to reportedly tokenize karma points and onboard 500M new users
Reddit engineer, Rahul, highlights the social media platform’s efforts to improve user interaction through various cryptocurrency initiatives. Go to Source Powered by WPeMatico
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EU central banks work on DLT-based asset settlement
Banca d’Italia and Deutsche Bundesbank shared experiences on distributed ledger technology-based settlements in a workshop. Go to Source Powered by WPeMatico
Mythical Games announces $150M raise as the company expands into NFTs
The game developer’s total valuation is now $1.25 Billion, following a successful raise. Go to Source Powered by WPeMatico
Smartbch Defi Universe Expands — Dozens of SEP20 Tokens, $12.8M Total Value Locked in Dex Platforms
On April 1, Bitcoin.com News published an in-depth report on the Smart Bitcoin Cash (Smartbch) protocol and its compatibility with Ethereum’s EVM and Web3 API before any Smartbch projects were seen in the wild. Seven months later, Smartbch has matured a great deal and metrics indicate that between three decentralized finance (defi) protocols, there’s roughly … Read more
Congressmen Emmer & Soto to SEC Chair Gensler: We want BTC Spot ETFs
The bipartisan pair sent a letter to the securities regulator demanding spot ETF approval. Go to Source Powered by WPeMatico
Monster-battle NFT game Axie Infinity soars in popularity among developing nations
One way to earn money on the platform is to breed in-game creatures called Axies using crypto, mint them as NFTs, and sell them to other players. Go to Source Powered by WPeMatico
US Senator submits resolution too allow crypto payments in US Capitol Complex
The proposal, called the ACCEPT Resolution, would apply to gift shops, vending machines and restaurants. Go to Source Powered by WPeMatico
Patreon to explore expansion into crypto realm
The online content creator platform is seeking feedback about a possible “social token or creator coin.” Go to Source Powered by WPeMatico
Ether Inferno: Ethereum Network Burned Over $2.4 Billion Worth of ETH in 87 Days
87 days ago, the Ethereum network successfully implemented the London hard fork upgrade, and ever since then over 700,000 ether has been burned, or more than $2.4 billion using today’s exchange rates. 702,886 Ethereum Burned Since the London Hard Fork Data from Dune Analytics indicates that on October 31, 2021, otherwise known as Halloween, 702,886 … Read more
What is the worst nightmare that could happen to crypto? Experts answer
What are decentralized-tech representatives most scared of? And what are their deepest fears in the crypto space? Go to Source Powered by WPeMatico