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Arbitrum Foundation Launches $1 Million Trailblazer AI Grant Program
Arbitrum Foundation has introduced the Trailblazer AI Grant Program, offering $1 million to support developers creating cutting-edge AI agents and on-chain AI products on the Arbitrum network. The initiative aims to strengthen Arbitrum's position as a leading platform for AI builders, providing advantages like low fees, high throughput, and low latency. Grants of up to $10,000 per project will be awarded, focusing on AI agents integrated with Arbitrum's decentralized infrastructure. Projects mus
Fastex recently hosted the third edition of the ftNFT YoCerebrum Awards in Malta, honoring exceptional achievements in the NFT space. The event, held at Fort Manoel on Manoel Island, brought together artists, creators, and collectors. Winners, chosen through a blockchain-based voting system and marketplace data, received the prestigious 'Bahamut' trophy and Fasttokens. Vardan Khachatryan, Fastex's CLO, emphasized the importance of recognizing industry accomplishments and fostering connections am
Innovative Bitcoin Layer-2 Network to Allow Dogecoin Staking for Crypto Rewards
GOAT Network, a Bitcoin layer-2 scaling project, has revealed plans to enable users to stake Dogecoin to enhance the security of its upcoming network and receive crypto rewards. Users will earn rewards in Bitcoin, used for transaction fees on GOAT Network, and the project's native token. The initiative aims to tackle Bitcoin's scalability and yield issues, although concerns about technical feasibility and sustainable returns persist. By incorporating Dogecoin, valued at $59 billion and champione
Art Blocks NFT Project Achieves On-Chain Accessibility Milestone on Ethereum
Art Blocks, a renowned platform for on-chain artwork, recently reached a significant milestone by ensuring that the majority of its projects can now be accessed solely through the Ethereum blockchain. Previously, Art Blocks' pieces required a back-end generator for online viewing, but now about 90% of the artworks can be viewed directly on-chain. This development signifies a shift towards decentralized accessibility, allowing the artworks to remain online independently of Art Blocks' operations.
Moonray, an Ethereum-based arena battler game, recently made history on OpenSea by conducting the largest free gaming NFT mint. Over 220,000 'Jadeon Adam' character skins were minted in just 48 hours, giving players an exclusive in-game character skin for battles. These NFTs, minted on Coinbase's Ethereum layer-2 network Base, were distributed between November 19-21. Moonray, available on PC via the Epic Games Store, has been actively engaging players through various campaigns, including a play-
Crypto.com Sponsors Golf Competition With Millions in CRO Prizes
Crypto.com is sponsoring a professional golf competition, the Crypto.com Showdown, featuring top golfers like Brooks Koepka and Bryson DeChambeau. The event will offer millions in CRO prizes, the native token of the Cronos network. Scheduled for December 17 in Las Vegas, this tournament marks the first major golf event paid in Cronos. While the exact prize amount in CRO or its dollar equivalent is yet to be disclosed, Crypto.com is known for its sports sponsorships. The company has previously sp
Low-income households in the US are leveraging crypto gains to achieve homeownership, as per a report by the Office of Financial Research. The study, based on tax data, highlights the impact of crypto on financially vulnerable communities. 'High-crypto' areas, where over 6% of households hold crypto, have witnessed increased mortgage and auto loan activities alongside crypto market growth. In these regions, low-income families saw a surge in mortgage applications and balances, indicating the use
Expanding 'Attack on Titan' Universe in the Sandbox
The popular manga and anime series 'Attack on Titan' has ventured into the Ethereum metaverse gaming platform The Sandbox with a new game titled Attack on Titan: Invasion. Players can join forces with iconic characters like Eren Yeager and Mikasa Ackerman to defend against Titan attacks in the Trost District. The game, playable on Windows and Mac, challenges participants to hone their combat skills and strategic thinking to protect humanity. The Sandbox, known for its collaborations with various
The global stablecoin market capitalization hit a record $190 billion in November, marking a 9.94% growth from the previous month and the highest increase since November 2021. TetherUSD (USDT) maintained its dominance with a 10.5% rise to $133 billion, while Circle’s USD Coin (USDC) and Ethena Labs’ USDe also saw significant growth. Despite some stablecoins facing challenges, the market remains diverse and competitive. Euro-denominated stablecoins are gaining traction, although they experienced
Cardano's Milestone With Zero-Knowledge Smart Contract
Cardano has achieved a significant milestone by deploying its first zero-knowledge (ZK) smart contract on the mainnet. This milestone, utilizing the Plutus v3 ledger language, enhances the network's capabilities. The ZK smart contract, Halo2, enables zero-knowledge applications and partner chains like Midnight to integrate with Cardano. The Input-Output (IO) Research team verified the Halo2 proof on the mainnet for the Ad-hoc Threshold Multi-signatures scheme, validating 50 out of 90 signatures.
Aventus, a leading enterprise blockchain technology provider and Polkadot parachain, has introduced the Blockchain Factory platform. This innovative platform allows businesses to quickly and efficiently deploy customized, scalable blockchain networks in just two weeks. The Blockchain Factory aims to simplify blockchain adoption by offering advanced features and seamless integration with existing systems. It caters to medium to large enterprises, providing tools like a white-label wallet, an intu
MicroStrategy's Market Cap Plummets Amid Bitcoin Correction
MicroStrategy, the largest corporate Bitcoin holder, has witnessed a significant drop in its market capitalization by $30 billion in just four days, marking its biggest decline to date. This decline has sparked discussions about whether the company is overly leveraged in Bitcoin investments. Following a sharp fall highlighted in the Kobeissi Letter on Nov. 26, MicroStrategy's market value plummeted by over 35% from its peak on Nov. 21. The company's shares also fell by 7.5% within 24 hours, trad
Trust Wallet Launches $WOD Token on World of Dypians MMORPG
Trust Wallet, a popular self-custody Web3 wallet with over 140 million users, has introduced the third project on Trust Wallet Launchpool, showcasing the $WOD reward token. $WOD is the native token of World of Dypians, an MMORPG on Epic Games, offering advanced AI, impressive graphics, and immersive gameplay. This ecosystem combines DeFi, NFTs, Gaming, and AI for a unique experience. Trust Wallet Launchpool enables TWT holders and Trust Wallet users to engage with new projects securely, earning
In the realm where cryptocurrency and artificial intelligence intersect, a unique force is emerging known as iDEGEN. This AI-powered crypto project, created by and for the community, is a sentient memelord with no predetermined agenda. iDEGEN learns and evolves based on interactions on X (formerly Twitter), absorbing unfiltered information from the crypto community. Every hour, iDEGEN must post, with its growth shaped solely by community input. The $IDGN token presale, featuring a dynamic auctio
Unlocking Liquidity: $2.75 Million Loan Against Rare CryptoPunk NFT
CryptoPunk #8348, the only one with seven traits, secured a $2.75 million loan through NFT lending platform GONDI. The loan, with a 20% interest rate and six-month maturity, was taken by NFT collector Seedphrase. Originally bought for 85 ETH in 2020, the Punk has not changed hands since. Seedphrase compared the loan to using a Picasso as collateral, emphasizing the liquidity it provides without losing ownership. This marks GONDI's largest loan, showcasing the growth of NFT lending. CryptoPunks h
US Court Rules Treasury Sanctions on Tornado Cash Unlawful
The TORN token of Tornado Cash surged to a two-year high following a US court ruling that deemed the Treasury sanctions on the platform illegal. Tornado Cash, an on-chain privacy tool utilizing smart contracts for anonymous crypto transactions, faced sanctions in 2022 for allegedly aiding in laundering over $7 billion in crypto, including stolen funds linked to North Korea. The court found that the Treasury overstepped its authority by sanctioning Tornado Cash's immutable smart contracts, which
Lightchain Protocol AI: the Revolutionary Layer 1 Blockchain ICO
Lightchain Protocol AI is making waves in the crypto world with its explosive LCAI token ICO. This innovative Layer 1 blockchain, combining AI capabilities, has caught the attention of investors. With LCAI tokens priced at $0.03 during the presale, analysts predict a 100x potential. The platform aims to raise $30 million to scale its ecosystem and establish partnerships in various industries. Whales are actively participating in the presale, showing confidence in Lightchain Protocol AI's potenti
The Elusive 'Cryptoqueen' Ruja Ignatova: a Tale of Deception and Disappearance
BBC's investigative journalist suggests that Ruja Ignatova, the mastermind behind the fraudulent cryptocurrency scheme OneCoin, may be evading authorities in Russia. Ignatova, who vanished in 2017, is believed to have orchestrated a scam worth $4 billion. Yoran Tsalov, a key figure in the investigation, revealed links between Ignatova and Kremlin affiliates. The investigation also uncovered ties between OneCoin's money laundering operations and former Ukrainian president Yanukovich's corrupt dea
Rising Challenges for BlueSky Amid Surge in New Users
BlueSky has seen a significant increase in new users, leading to a rise in harmful content, particularly child pornography. The platform has initiated a mass moderation campaign to remove such images. The surge in users followed President-elect Donald Trump's victory, prompting millions to switch from Twitter to alternative platforms like Meta's Threads and BlueSky. However, this influx also brought an increase in spam, scams, and trolling, along with a troubling spike in child sexual abuse mate
The U.S. Fifth Circuit Court recently ruled against the Treasury's sanctioning of Tornado Cash's immutable smart contracts, stating that such autonomous software cannot be considered property. The court emphasized that when smart contracts are immutable, they cannot be classified as property subject to sanctions. This decision is seen as a significant win for privacy advocates and blockchain developers. The court highlighted that the smart contracts in question are not capable of being owned due
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