Ryón Nixon, a founding partner of leading blockchain law firm Horizons Law and Consulting, has tweeted that the SEC’s characterization of SOL as being “labeled as a security is inaccurate.” Nixon, who served as Solana’s genesis general counsel (but who no longer currently represents Solana Labs/Foundation). He issued the tweet
The world of blockchain has exploded over the past 10 years, with widespread development, technological advances, and public support streamlining the evolution of this field. Over recent years, blockchain has become a global player, with decentralized applications built on Web3 growing in locked-in value, transaction count, and activity. However, despite
Avalanche (AVAX), the Layer 1 blockchain protocol, is gaining momentum., as daily active users of AVAX have seen a significant surge, doubling compared to the average recorded in the past year. As per the information provided on Avalanche’s official site, the number of AVAX holders currently stands at 113,981. The
Coinbase, the leading crypto exchange, has shared that Canadian lawmakers have recently released a comprehensive report that unequivocally supports the adoption and integration of blockchain technology. This significant move by the Canadian government marks a pivotal moment in the global blockchain landscape. Moreover, it creates expectations and anticipation throughout the
The tech world thrives on speed, and Algorand has just gone full throttle. With its latest feat, the blockchain giant is outpacing most sports cars and promising the world an experience that’s nothing short of a digital revolution. 👀Blink and you might miss it! 🏎️💨@Algorand now secures transactions faster than
Rollux, an innovative EVM Layer-2 solution, has been launched by SYS Labs, a Web3 product suite powered by Syscoin. Rollux presents a unique method of scaling Ethereum that sets SYS Labs apart from its rivals. Rollux is meant to optimize the performance of Ethereum network applications by using the power
In a statement on Tuesday, the Sui Foundation, the organization spearheading the development of the Sui crypto network, clarified that it had not carried out any sales of staking rewards on the Binance cryptocurrency exchange. The purpose of this communication is to share information regarding the tokenomics of the Sui
Startale Labs Pte Ltd, a Web3 tech business that builds multichain apps and infrastructure, has received $3.5 million in investment from Sony Network Communications Inc. via a private issue of new shares. Startale Labs and Sony Network Communications will also look at prospects for extensive commercial partnerships with the common objective
HyperCycle, a ground-breaking Layer 0++ blockchain infrastructure designed for quick and affordable AI-driven micro-transactions, has teamed up with Penguin Group to launch HyperPG, a cutting-edge program for accessing HPC for the rapidly expanding AI economy. Through the cooperation, the HyperPG platform will be made accessible to both businesses and individuals,
Several celebrities will be among the judges for a forthcoming NFT collection to feature winning pieces of digital art. In order to benefit The Foundation for AIDS Research (amfAR). These include models Kendall Jenner and Kate Moss, musician J Balvin, artist Jeff Koons, and director Baz Luhrmann to name a
