Web3 game Gods Unchained released a new gameplay format that allows players to compete with semi-random cards they receive at the start of a tournament. Called “Sealed Mode,” the format is intended to reward highly skilled players, even if they don’t have a large or expensive card collection. The new format was announced via a
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The account that overpaid $500,000 in fees on Sept. 10 for a Bitcoin transfer belonged to Paxos, according to a Sept. 13 statement from the company. Paxos claimed that end users have not been affected and all user funds are safe. Paxos is most well-known as the issuer of stablecoins, including PayPal USD (PYUSD) and
The Delaware bankruptcy court has approved the sale of FTX digital assets. Judge John Dorsey made the ruling at a hearing on Sept. 13. Major changes were made to the order authorizing the sale on the previous day. FTX will be allowed to sell digital assets excluding Bitcoin (BTC), Ether (ETH) and “certain insider-affiliated tokens”
Ask 10 different people to define a decentralized autonomous organization (DAO), and you’ll likely get 10 different definitions. But there is at least one thing most agree on: DAO governance is a mess. At best, it’s an experiment in the works. According to DeepDAO, DAOs today handle a whopping $17.2 billion in value. Yet many
There have been talks of the likelihood of Ripple and the US Securities and Exchange Commission (SEC) settling in their ongoing legal battle. However, recent comments from Ripple’s President Monica Lang suggest that the company is unlikely to settle with the Commission as it plans on seeing the case “all the way through.” Ripple Not
Popular messaging app Telegram has finally unveiled a crypto wallet nearly three years after it first revealed plans to build a Web3 ecosystem. The wallet was unveiled during the ongoing Token2049 event in Singapore. Telegram unveils TON based self custody wallet integration. Source:X The crypto wallet is developed on the TheOpen Network (TON) blockchain and is
Adobe, IBM, Nvidia and five other companies have endorsed U.S. President Joe Biden’s voluntary artificial intelligence (AI) commitments, including watermarking AI-generated content. This announcement was made by the White House on Tuesday, Sept 12. The White House Chief of Staff, Jeff Zients, emphasized the urgency of leveraging AI’s advantages, mitigating its risks and rapid action,
The Nasdaq stock exchange has submitted an application to the Securities and Exchange Commission (SEC) seeking approval to list an Ethereum Exchange-Traded Fund (ETF) offered by Hashdex, an asset management company. This ETF is designed to include a combination of spot ether holdings and futures contracts in its portfolio and pioneering a new approach to
Traditional financial institutions that have filed crypto ETF applications have focused on a particular market (spot or futures). However, a recent NASDAQ application suggests that the asset manager Hashdex is taking a different approach, which could be a game changer in the Ethereum ETF race. NASDAQ Proposes To List Ethereum ETF According to the application
Bitcoin experienced a 5% increase after testing the $25,000 support level on Sept. 11. However, this breakout rally doesn’t necessarily indicate a victory for bulls. To put today’s price action in perspective, Bitcoin (BTC) has witnessed a 15% decline since July. In contrast, the S&P 500 index and gold have maintained relatively stable positions during this
Potential jurors in the upcoming criminal trial of former FTX CEO Sam Bankman-Fried could be asked their thoughts on crypto, effective altruism and attention-deficit disorder as his lawyers want to weed out those they consider unsuitable. In court filings on Sep.11, Bankman-Fried’s lawyers and United States prosecutors separately filed their lists of proposed questions they
The ecosystem of layer-2 blockchain solutions powered by zero-knowledge (ZK) proofs welcomes a new player as Manta Network takes its ZK-as-a-service platform live. Manta Pacific is a modular L2 aimed at powering Ethereum Virtual Machine (EVM)-native decentralized applications (DApps) using ZK-proof technology. The platform offers a software development kit and ZK library that are touted
Institution crypto investors have been pulling out of the market for the better part of this year, especially as the bear market has taken hold. However, Ethereum has suffered way more than other assets in this regard with outflows dragging total assets under management (AuM) down. This comes as Ethereum has struggled after falling below
The XRP price has been on a consistent downtrend since the US SEC announced its intention to file for an interlocutory appeal in its case against Ripple. In the two months that have followed Judge Analisa Torres’s ruling, the altcoin has shared all of its gains achieved from the victory. And now, as the XRP
Much has been made of Bitcoin’s (BTC) poor price action as of late, with many analysts making the case for further bearish momentum in the weeks ahead. Yet it wasn’t too long ago that many investors and crypto pundits were raving about some noteworthy fundamental metrics that were, and continue to be, quite bullish. Let’s
A petition was created on Change.org on Sept. 12 to oppose the use of Chainalysis forensic services by federal agencies. The petition questioned Chainalysis’ accuracy and raised legal issues related to the activities of the blockchain data analysis firm. The petition, started by “Stop Chainalysis,” stated that Chainalysis’ software assists crime prevention efforts “by linking