IOHK wants to see at least 75% of new blocks coming from upgraded nodes, along with two other “critical indicators” before implementing the Vasil hard fork. Input Output Hong Kong (IOHK), the blockchain company behind the Cardano network says the much anticipated Vasil hard fork is “ever closer” after revealing the state of three critical...Continue Reading

If the proposal were to take effect, Synthetix would much more closely resemble a traditional business by simply generating fee revenue and distributing the proceeds to SNX holders. The founder of decentralized finance (DeFi) protocol Synthetix, Kain Warwick, has submitted a proposal that would turn off very high yield returns for SNX stakers and cap...Continue Reading

Phil Spencer argues that “gamers have been in the Metaverse for 30 years” as games already offer 3D shared worlds for people to communicate in. Phil Spencer, the head of Microsoft’s gaming company Xbox is optimistic about the Metaverse but remains “cautious” about play-to-earn (P2E) crypto games due to its economic and speculative aspects. Speaking...Continue Reading

The firm stated that its potential investors will also attend the meetings, which will include Zipmex, Thailand’s SEC, and government agencies. Asian crypto exchange Zipmex has requested meetings with Thailand’s Securities Exchange Commission (SEC) and other regulators to discuss the firm’s “recovery plan.” In a statement on Aug. 25, Zipmex said it had submitted a...Continue Reading

The Ledger CEO said that until people begin using decentralized technology, control over assets and data will remain in the hands of the big tech giants and centralized intermediaries. The rise of decentralized services and hardware security wallets means that we no longer need to rely on intermediaries to manage our financial assets and data,...Continue Reading

The Andreessen Horowitz-backed crypto exchange is the latest on the Enforcement Directorate’s anti-money laundering hit list. Major Indian crypto exchange CoinSwitch Kuber had five of its premises searched by anti-money laundering agents on Thursday over alleged violations of forex laws.  According to an Aug. 25 report from Bloomberg, India’s Enforcement Directorate searched CoinSwitch Kuber’s offices...Continue Reading

BAYC members Eminem and Snoop Dogg will perform ‘From the D 2 the LBC’ on a Otherside metaverse transformed stage. NFT friendly rap icons Eminem and Snoop Dogg will be performing at MTV’s Video Music Awards (VMAs) together on Sunday, in a performance inspired by the Otherside metaverse and Bored Ape Yacht Club (BAYC) NFTs....Continue Reading

Like all altcoins, ATOM price fell as $550 million of BTC, ETH and altcoin positions were liquidated last week. Which is exactly why its 35% rebound is raising eyebrows. As a market crash takes place, assets become oversold and typically there’s an “oversold bounce,” “return to mean,” “mean reversion,” or some price snapback to the...Continue Reading

Alameda’s investment arm, FTX Ventures, and crypto exchange FTX will reportedly continue to operate independently from each other. Sam Bankman-Fried’s cryptocurrency exchange FTX’s investment arm has reportedly absorbed the venture capital operations of Alameda Research in response to the ongoing crypto bear market. According to a Thursday Bloomberg report, Alameda’s Caroline Ellison said in an...Continue Reading

Faryar Shirzad said staying engaged and informed was critical, given candidates who win in the 2022 U.S. midterms “will be making key decisions” around crypto regulation. Coinbase, a crypto exchange whose CEO previously said it doesn’t “advocate for any particular causes or candidates internally that are unrelated to our mission,” has launched a voter registration...Continue Reading