Significantly, one of the most recognizable names in sports and fashion, Nike, has jumped onto the blockchain bandwagon. Taking its brand identity to the next level, the company has unveiled .SWOOSH. It is a pioneering endeavor powered by the versatile layer-2 Ethereum scaling solution, Polygon. THIS IS HUGEE!!! Nike's @dotSWOOSH,
June 21, 2023 2 mins read
This week, the crypto world experienced considerable upheaval. Following the Securities and Exchange Commission’s (SEC) intensified crackdown on the industry, market confidence rebounded slightly in light of cooling U.S. inflation. The SEC’s high-profile lawsuits against Coinbase and Binance, industry giants, have been central to the vortex. Similarly, SEC Chair Gary
June 19, 2023 2 mins read
In an audacious stride, BlackRock, the titan of global asset management, is on course to initiate a Bitcoin spot ETF. On Thursday, the firm formally lodged an application with the US SEC. This move follows rumors sparked by a CoinDesk report suggesting an imminent filing. Teaming up with Coinbase, the
June 16, 2023 2 mins read
In a surprising twist of events, the Securities and Exchange Commission (SEC) has stepped up its game against major crypto exchanges in the U.S. After years of encouraging registration, the regulatory body is now throwing down the gauntlet. However, this is targeting the key players offering unregistered crypto trading to
June 16, 2023 2 mins read
Recognized as a cradle for the new era of financial systems, Ohio is proving to be a vanguard in the crypto industry. Consequently, Coinbase, the largest crypto exchange in the United States, has taken note of Ohio’s vibrant crypto ecosystem. It's time to build up a strong crypto industry right
June 14, 2023 2 mins read
Polygon Labs, a blockchain infrastructure behemoth, is sounding the alarm over the Securities and Exchange Commission’s (SEC) proposed redefinition of ‘exchange.’ The tech titan expressed these concerns in a June 13, 2023, letter requesting the SEC to reevaluate its proposed amendments to Rule 3b-16 under the Securities Exchange Act of
June 14, 2023 2 mins read
In a scenario akin to a James Bond movie, North Korean hackers have outsmarted the globe. Within five years, they have stolen $3 billion in cryptocurrencies. Notably, this digital bonanza funds half of North Korea’s missile program, reports the Wall Street Journal. Their tactics, however, are far from common cyber-thievery.
June 13, 2023 2 mins read
Today stands as a pivotal moment in the advancement of blockchain technology with the announcement of Polygon Labs’ bold initiative, Polygon 2.0. Far from being a simple upgrade, this initiative represents a comprehensive overhaul, completely transforming all facets of the Polygon platform. A Bold Vision for the Internet’s Value Layer
June 13, 2023 2 mins read
Shytoshi Kusama, the enigmatic persona driving the Shiba Inu project, unveiled an exhilarating update on the progress of Shibarium. Consequently, the Shiba Inu community is eagerly bracing for new developments in the ecosystem. The upcoming “Something is Coming” trailer significantly highlights the ecosystem’s next breakthrough. Shytoshi Kusama just brought a
June 11, 2023 2 mins read
In the volatile world of cryptocurrency, Shiba Inu (SHIB) bucks the trend with an astounding 4,181% surge in its burn rate. This indicates a massive reduction of 256,266,011 SHIB tokens from circulation within the last 24 hours. The tokens are gone, sent off to a ‘dead’ wallet, as Shibburn data
June 11, 2023 2 mins read