News Editor
Crypto industry on edge as Multichain’s safety concerns deepen
TL;DR Breakdown
Concerns concerning Multichain, an important venue for moving assets between blockchains, have crypto industry stakeholders bolstering their defenses.
Multichain uses a mint-and-lock mechanism to...
Polkadot price analysis: DOT increases value at $5.29
TL;DR Breakdown
Polkadot price analysis is bullish today.
The strongest resistance is present at $5.46.
The strongest support is present at $5.23.
Polkadot price analysis reveals a relatively upbeat...
JPMorgan applies for IndexGPT trademark, a financial-focused chatbot
TL;DR Breakdown
Financial giant JPMorgan Chase has filed a trademark application for a finance-themed chatbot called IndexGPT.
JPMorgan states that it is hiring around 2,000 data...
Ordinals protocol introduces dollar-backed stablecoin on the bitcoin blockchain
TL;DR Breakdown
The controversial BRC-20 standard and Ordinals protocol make a stablecoin possible and keep growing its footprint in the Bitcoin ecosystem.
The U.S.-based Stably, which...
Brazil’s central bank picks 14 firms to work on its CBDC
TL;DR Breakdown
Brazil has picked 14 firms to lend a helping hand with its CBDC project.
The country wants to explore the potential of the DLT.
In...
DCG announces plans to shut down Tradeblock
TL;DR Breakdown
DCG has announced plans to shut down its institutional trading platform Tradeblock.
The company cited crypto winter and missed debt payments for its issues.
Digital...
Everything to know about GTA 6 Play-to-Earn
TL;DR Breakdown
Grand Theft Auto 6 (GTA 6) is anticipated to introduce a play-to-earn system using cryptocurrency rewards, transforming gaming into a potential income source.
The...
Nike’s .SWOOSH platform sales hit milestone figure
TL;DR Breakdown
Nike’s.SWOOSH platform sales have hit over $1 million despite delays and issues.
The sale represent growing demands in the NFT market.
Nike’s .SWOOSH Web3 platform...
China’s Zhengzhou offers lucrative incentives for metaverse innovators
TL;DR Breakdown
The municipal government of Zhengzhou, China, has allocated a dedicated fund to support metaverse firms in the city.
Metaverse app developers in Zhengzhou are...
Shaquille O’Neal Faces FTX and Astral NFT Lawsuits During NBA Game
TL;DR Breakdown
Shaquille O'Neal has been served with class-action lawsuits over his alleged promotion of the bankrupt exchange FTX and his involvement in the Astrals...
