News Editor
BAYC NFT prices experience volatility amid huge sales
TL;DR Breakdown
BAYC NFT prices have experienced huge volatility following huge sales made by Machi Big Brother.
NFT market targets rebound following a high-profile lawsuit.
The Bored...
Japan implements tax exemption for token issuers
TL;DR Breakdown
Japan has implemented a recently passed law that will see token issuers exempted from paying taxes.
The country is making moves to strengthen its...
Ripple’s CTO debunks speculated 10 Billion XRP buyback
TL;DR Breakdown
Ripple's CTO, David Schwartz, denied rumors of a 10 billion XRP buyback plan.
Despite the rumor, Ripple's commitment to XRP remains strong, with 41.9...
Optimism rebrands to OP Mainnet, marking a milestone in Ethereum’s scalability...
TL;DR Breakdown
Optimism, a Layer 2 network for scaling Ethereum applications, has rebranded as OP Mainnet, aiming to create a "superchain" network of Layer 2...
MakerDAO’s Bold Shifts: A Game-Changing Transformation Unveiled
TL;DR Breakdown
MakerDAO decreases reliance on USDC: USDC's contribution to DAI collateral is reduced to less than 9%, while Real World Assets (RWA) constitute a...
ChatGPT and HBAR Integration Ignites a New Era of AI-Blockchain Fusion
TL;DR Breakdown
ChatGPT and HBAR Integration: The integration of ChatGPT with the Hedera network through a dedicated plugin allows seamless access to HBAR and token...
Unprecedented Move: FTX Creditors Harness Tokenized Claims for Mysterious DeFi Loans
TL;DR Breakdown
FTX creditors have utilized tokenized claims as collateral for DeFi loans, marking a groundbreaking development in the industry.
The tokenization of real-world assets, such...
Coinbase integrates Stellar’s USDC, unlocking unparalleled efficiency
TL;DR Breakdown
Coinbase has partnered with Stellar to embrace the USD Coin stablecoin, enabling seamless deposits and withdrawals on the Stellar network.
This collaboration aims to...
Cryptocurrency Hacker: British Man Sentenced for Twitter Hack and SIM Swapping...
TL;DR Breakdown
Joseph O'Connor, known as the "Twitter hacker," has been sentenced for his involvement in a Twitter hack and a SIM swapping scheme targeting...
FTX Defended by Sequoia Partner Despite Bankruptcy, Investment Stance Upheld
TL;DR Breakdown
Sequoia Capital's Alfred Lin reaffirms the firm's investment in the bankrupt FTX crypto exchange, stating they would make the same decision again if...
