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Stargate Proposes Fantom Pool Cut-off Amid Multichain Crisis

The LayerZero cross-chain bridge protocol, Stargate, has proposed a thorough solution to the stability problems surrounding anyUSDC, Fantom’s principal USDC asset, after the recent “force majeure” occurrence impacting Multichain. Stargate launches its binary voting mechanism to protect the health of its ecosystem and reduce uncertainty. As a first step, the

May 27, 2023 1 min read

Sei Network Adds Humanode Face Verification in Major Discord Update

The premier L1 blockchain platform, Sei Network, has now announced the completion of an update to Discord. This includes a novel feature designed to strengthen user authentication and community integrity. Humanode face verification has been added to the platform, allowing users to acquire Verified Seilor roles. The frequency of automated

May 27, 2023 2 mins read

Hunting Hill Digital Launches with Investment from BaseLayer Ventures

Hunting Hill Digital (“HHD”) launches as the digital asset management affiliate of Hunting Hill Global Capital, a leading SEC-registered investment advisor and alternative asset manager with exceptional expertise leveraging global arbitrage and dislocation opportunities across asset classes, including cryptocurrencies and digital assets. BaseLayer Ventures, an early-stage venture capital investor, is

May 24, 2023 3 mins read

Ethereum Co-founder Vitalik Buterin Praises Solana Blockchain

Vitalik Buterin, the co-founder of Ethereum (ETH), recently addressed a conference gathering and referred to Solana as the most scalable blockchain. This remark has caused a stir in the community since it seems to suggest that Buterin agrees that Solana is more scalable than Ethereum. The token used by the

May 24, 2023 1 min read

Vector Space Biosciences & Oracle Develop Language Models to Advance Human Spaceflight

LA JOLLA, Calif.–(BUSINESS WIRE)–Vector Space Biosciences today announced it is developing large language modeling (LLMs) and visualization applications in collaboration with the Oracle Cloud Infrastructure (OCI) team, to aid in the advancement of space biosciences. These Artificial Intelligence (AI) models will support the research and development of countermeasures against diseases

May 24, 2023 5 mins read

Meta (Facebook) Fined $1.3 Billion by Ireland Data Protection Commission

A record-breaking €1.2 billion ($1.3 billion) punishment was issued by the Data Protection Commission of Ireland against the social networking company, Meta. It is forbidden to send information on European Facebook users to the U.S. This is a serious breach of European Union data privacy laws. Because of Meta’s disregard

May 22, 2023 1 min read

Amazon Debut of Pudgy Penguins Collection Yields Over $500,00 in 2 Days

The new “Phygital” Toy Collection & Experience for the popular NFT collection Pudgy Penguins on the online retail behemoth Amazon has resulted in skyrocketing curiosity and sales. Over 20,000 Pudgy Penguins were sold in the first two days, resulting in sales of over $500,000, as reported by Luca Netz, CEO

May 21, 2023 1 min read

Monero Ordinals Face Community Backlash Over Anonymity Concerns

The most notorious privacy-focused blockchain now supports non-fungible tokens (NFTs), although this has not been welcomed by everybody. As with Bitcoin Ordinals, anybody may use Mordinals (or Monero Ordinals) to inscribe data alongside transactions on the Monero blockchain. The Monero community has raised a number of concerns. Including a loss

May 21, 2023 2 mins read