Author: Emma Davis

Article written by Emma Davis

Goldman Sachs will launch three tokenization projects in 2024

July 11, 2024 1 min read

Goldman Sachs is set to launch three tokenization projects in 2024, focusing on institutional clients and asset diversification. These projects will use private blockchains for compliance and transaction speed, setting Goldman Sachs apart from competitors. The bank’s head of digital assets, Mathew McDermott, aims to create marketplaces for tokenized assets, enhance transaction speeds, and diversify collateral types. The initial projects will target the US market, focusing on the US fund

Agoric, a L1 blockchain, announces the roll-out of its Orchestration API

July 10, 2024 1 min read

Agoric, a layer 1 blockchain designed for chain abstraction, has launched its Orchestration API, allowing developers to create next-gen Web3 applications that coordinate digital assets and services across multiple blockchain ecosystems. This allows users to benefit from one-click interactions, deploying their liquidity and accessing multiple blockchains uniformly. With over $2 trillion in liquidity fragmented across different blockchains and their ecosystems, users often face complex, arduous experiences in Web3. According to

ShibSharks (SHSH) Set to Redefine Meme Tokens with Solana Blockchain Integration

July 8, 2024 2 mins read

ShibSharks (SHSH) is a new meme-based cryptocurrency project built on the Solana blockchain. It aims to create a strong, engaged community while offering various practical features. The project seeks to integrate the playful nature of meme tokens with the technological advantages of the Solana blockchain. The SHSH team aims for their platform to gain traction among crypto users, including investors, shoppers, and dedicated gamblers. Meme Coins: A Growing Phenomenon Meme coins

A judge allows a class-action lawsuit against DraftKings over its NFTs to proceed

July 4, 2024 1 min read

A federal judge in the United States has denied DraftKings’ request to dismiss a class-action complaint brought by purchasers of the company’s Non-Fungible Tokens (NFTs). The lawsuit alleges that DraftKings, together with its CEO, CFO, and president, have engaged in the sale of NFTs that should be classified as unregistered securities, so contravening federal securities laws. Justin Dufoe initiated the legal action in March 2023, contending that DraftKings’ NFTs meet

Ethereum co-founder Vitalik Buterin slams US crypto regulations

July 1, 2024 1 min read

Vitalik Buterin, one of the co-founders of Ethereum, has expressed disapproval of the regulation strategy employed by the US government regarding crypto. He believes that categorizing utility tokens as securities hampers innovation and prevents the development of important cryptocurrency initiatives. He contends that existing restrictions foster the development of tokens that lack practical value and clarity, impeding the progress of projects with genuine potential. Buterin cautions that the existing system

Nigerian Blockchain Committee urges balanced resolution to Binance dispute

June 28, 2024 1 min read

The protracted legal dispute between Nigerian authorities and the cryptocurrency exchange Binance is having a substantial influence on Nigeria’s blockchain business. The Blockchain Industry Coordinating Committee of Nigeria (BICCoN) has raised concerns regarding the adverse consequences of this dispute and called for a fair and equitable resolution. The BICCoN consortium, consisting of prominent entities such as Blockchain Nigeria User Group (BNUG), Cryptography Development Initiative of Nigeria (CDIN), and Stakeholders in

BNB Chain Proposes Governance-Enabled Block Production to Boost Transaction Capacity

June 26, 2024 1 min read

BNB Chain, the world’s largest smart contract blockchain, has proposed BEP-341: Governance-Enabled Consecutive Block Production to improve the transaction processing capacity of BNB Smart Chain (BSC). The proposal aims to enable validators to produce consecutive blocks, optimizing transaction throughput and block production efficiency. However, BEP-341 introduces adjustable governance parameters to balance performance improvements with security measures. Key features include adjusting the number of consecutive blocks each validator can produce in

A Bitcoin-based DeFi protocol loses $4 million in funds to hackers

June 26, 2024 1 min read

A large hack that occurred in May and involved a phishing assault that got access to cash housed in one of Alex Lab’s vaults was disclosed by Alex Lab, a platform that is based on Bitcoin and provides decentralized finance. Assets such as aBTC, sUSDT, XBTC, xUSD, ALEX, atALEX, LiSTX, SKO, CHAX, $B20, ORDG, ORMM, ORNJ, TRIO, TX20, and STXS were among those that were compromised. Around 13.7 million STX

1inch teams up with Blockaid to enhance Web3 security

June 23, 2024 1 min read

1inch, a leading DeFi aggregator, has launched the 1inch Shield, a solution designed to protect users against various potential threats. The partnership with Blockaid, a major provider of Web3 security tools, aims to set a new standard for security in the cryptocurrency landscape by combining Blockaid’s innovative security solutions with 1inch’s advanced features. The collaboration aims to enhance user safety and asset protection, contributing to the growth and mainstream adoption

Aleph Zero Launches The First EVM-Compatible ZK-Privacy Layer

June 21, 2024 1 min read

Aleph Zero has announced significant ecosystem advancements, including the first EVM-compatible ZK-Privacy Layer capable of generating zero-knowledge proofs on consumer-grade devices and zkOS, a product suite for seamless integration of on-chain privacy into various Web3 applications. The testnet release of the ZK-privacy EVM Layer 2 solution powered by Arbitrum Orbit on Gelato RaaS marks the first EVM-compatible privacy solution capable of subsecond ZK proving times, significantly enhancing the end-user experience

This company raises $17 Million to expand crypto restaking services

June 19, 2024 1 min read

Renzo, a platform for trading liquid derivatives built on the EigenLayer protocol, has successfully raised $17 million in a two-stage financing round. The fundraising was primarily driven by Galaxy Ventures and Brevan Howard Digital Nova. The funds will bolster Renzo’s restaking services, namely by including ERC-20 tokens. Renzo is a platform on the EigenLayer protocol that functions as a liquid derivative. It acts as an interface to EigenLayer and ensures

Cardano founder Denies Rumors Of A Partnership With Musk

June 14, 2024 1 min read

During a recent episode of the Thinking Crypto podcast, Charles Hoskinson, the founder of Cardano, refuted speculations of a prospective collaboration with Elon Musk. Hoskinson outlined many initiatives undertaken to engage with Musk’s enterprises, specifically X (formerly known as Twitter), in which they presented remedies to address the problem of bots. Nevertheless, Hoskinson verified that Musk has not engaged in any personal discussions regarding Cardano or any future collaboration. The