Reddit Has Started Selling NFT Avatars on Polygon
The social media giant is selling “tens of thousands” of NFT avatars at various price points. Key Takeaways Reddit is launching a series of “Collectible Avatar” NFTs on Polygon. The…
Aave Wants to Launch a Rival to MakerDAO’s DAI Stablecoin
Aave has put forward a proposal to launch a decentralized, collateral-backed stablecoin called GHO. Key Takeaways Aave has put forward a governance proposal to launch a decentralized dollar-pegged stablecoin on…
Staking Protocol Lido Expands to Ethereum Layer 2
Lido will offer a wrapped version of stETH across several Ethereum Layer 2 solutions. Key Takeaways The Lido development team has announced plans to expand the protocol across various Ethereum…
Polygon zkEVM Heads to Ethereum Layer 2
After acquiring the ZK-Rollup-based Hermez Network in August 2021, Polygon is gearing up to relaunch the blockchain as its first Ethereum-compatible Layer 2 chain. Key Takeaways Polygon has announced its…
Cardano Delays Vasil Hardfork by “a Few More Weeks”
Cardano’s highly anticipated Vasil upgrade has been pushed back again to ensure all potential issues are “fully worked out.” Key Takeaways Cardano’s technical manager Kevin Hammon has said that there…
Ethereum Layer 2 Arbitrum Launches Nova Chain, Links With Reddit
Ethereum Layer 2 scaling solution Arbitrum has launched its new transaction cost-optimized chain, Nova, for all end-users and partnered with Reddit to migrate its community points system to Ethereum. Key…
Buterin, Armstrong, Aoki Targeted in Tornado Cash ETH Dusting Spree
Someone is testing the boundaries of the U.S. Treasury Department’s sanctions on Tornado Cash. Key Takeaways Someone is withdrawing sums of 0.1 ETH to multiple wallets belonging to notable crypto…
Ethereum Merge Scheduled to Launch in September
Ethereum is scheduled to complete “the Merge” to Proof-of-Stake sometime between September 15 and 16, developers have confirmed. Key Takeaways Ethereum developers have slated a September 15 to 16 target…
Metaverse, Web3 Disruption and Blockchain Advancement To Be Discussed at Metaweek in Dubai
Thousands of Web3 enthusiasts and thought leaders will convene in Dubai to set the future trends of Metaverse applications on Sept. 11-14, 2022. After huge success in launching the first…
Gala Is Partnering With Stick Figure Productions To Distribute Four Down on the Blockchain
By adding film alongside its successful music and games platforms, Gala is also able to offer an interoperable ecosystem where fans can benefit from crossover content. Gala, one of the…