Top metaverse property investments suffer massive losses: Report
Popular metaverse properties, such as Otherdeeds, The Sandbox, Decentraland, Somnium and Voxels, have all depreciated…
Trending Crypto news
Gemini files to dismiss SEC’s lawsuit over its earn product
Gemini called the SEC’s lawsuit as “ill-conceived” against its Earn Product which offered yields to…
MakerDAO proposal seeks to hike DAI savings rate to 3.33%
The DAI savings rate was previously increased to 1% in December 2022, and led to…
JPMorgan Chase enters generative AI race with IndexGPT trademark
JPMorgan’s ChatGPT rival, IndexGPT, will be used across various business units, including advertising, business consulting…
Crypto hater Peter Schiff to drop Bitcoin Ordinals NFT art collection
Despite hating on crypto for years, and calling NFTs worthless and easy to replicate two…
A16z releases anonymous voting system for Ethereum
The system uses “time-lock puzzles” to encrypt the contents of votes, making them unreadable until…
A week filled with exploits and uncertainty for DeFi: Finance Redefined
DeFi saw another multimillion-dollar rug pull this past week, and the Multichain saga continues to…
Neuralink gets FDA approval for ‘in-human’ trials of its brain-computer interface
The Neuralink device is designed to be surgically implanted and, according to CEO Elon Musk,…
Cronos Labs launches second cohort of $100M Web3 accelerator
On May 15, the chosen projects commenced the 12-week program after being granted seed funding…
The Sandbox CEO’s Twitter was hacked, used to promote alleged ‘airdrop’ scam
The executive appears to have now recovered his account. Arthur Madrid, co-founder and CEO of…
ECB sums up digital euro prototyping exercise as it nears possible pilot launch
The European Central Bank exercise looked at a variety of use cases, most of which…
Bitcoin miner Canaan’s net loss slightly improved in Q1 amid market turbulence
Diluted net loss per American depositary share in Q1 2023 stood at $0.51, down from…
Why have Bitcoin and crypto lost 60% of their market cap since their all-time highs?
Cointelegraph analyst and writer Marcel Pechman explains why the cryptocurrency market has lost 60% of…
Atlanta Fed explains Web3 finance, including XRP ‘international payment medium’
The highly accessible introductory text mentions all the concepts and names a curious reader would…
Twitter’s $42K API access plan could harm crypto research
Twitter emailed researchers to let them know they’ll either have to delete their data or…
