The Simpsons poked fun at NFTs in their annual halloween special but degens still managed to take advantage of the publicity to hoist an NFT collection to near top of the charts. The Simpsons roasts NFTs in new Halloween special Animated television series The Simpsons spent an entire segment mocking nonfungible tokens (NFTs) during the...Continue Reading

SK Telecom aims to expand its “affiliations with customer-preferred mainnets and decentralized applications (dApps)” using this tripartite agreement with the blockchain companies. South Korean telecom giant SK Telecom (SKT) announced plans to launch a Web3 wallet service, T wallet, in partnership with layer 1 mainnet Aptos Labs and Atomrigs Lab. SK Telecom’s vision to launch...Continue Reading

Ava Labs CEO Emin Gün Sirer however stressed the firm is well-positioned with significant runway and resources at its disposal. Ava Labs, the team behind the Avalanche Blockchain, has confirmed it laid off 12% of its employees in a recent wave of staff cuts, citing the need to reallocate its resources. The firm’s founder and...Continue Reading

The Financial Services and General Government bill proposes to drastically cut funding to the SEC and other government agencies. A United States lawmaker wants to strip the Securities and Exchange Commission chair Gary Gensler of his salary by paying him just $1 per year. In a proposed amendment to the Financial Services and General Government...Continue Reading

OpenAI joins Google, Microsoft and others in legally backing their users if they face legal action over copyright infringement. OpenAI says it will cover the legal costs for business-tier ChatGPT users that find themselves in hot water over copyright infringement. OpenAI is calling its pledge Copyright Shield which only covers users of its business-tier ChatGPT...Continue Reading

Moody’s Analytics will use machine learning and a host of indicators to compile and analyze large-cap stablecoins and identify probable depeggings. Moody’s Analytics is launching a new stablecoin service that will use AI to predict probable depeggings “in a 24-hour time horizon” while providing real-time insights about stablecoin issuers’ liquidity and stability. The stablecoin market...Continue Reading

Lugui Tillier talked to us about his job as the sales chief for crypto firm Lumx in Rio de Janeiro — and his thoughts on the future of crypto. Lugui Tillier is the sales manager for Lumx Studios, one of the top cryptocurrency firms in Rio de Janeiro  a city with a burgeoning crypto industry....Continue Reading

SOL price has started to cool off as investors potentially question the reasons for the most recent double-digit rally. Solana (SOL) experienced a notable 36.6% increase in value between Oct. 30 and Nov. 2. However, SOL’s failure to breach the $44.50 mark resulted in a 10% correction down to $40 on Nov. 6. This movement...Continue Reading