Mint Blockchain, an Ethereum layer two (L2) network focused on non-fungible token (NFT) advancements, has been awarded 750,000 OP tokens ($1.35 million) in the 28th cycle of Optimism Governance grants. This funding aims to accelerate innovation within the NFT space and onboard new users to the platform. Optimism Awards Mint Blockchain $1.35 Million to Support…
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Blackrock CEO Larry Fink has emphasized bitcoin’s growing legitimacy as an investment, calling it an alternative to commodities like gold. “We believe bitcoin is an asset class in itself,” said the CEO of the world’s largest asset manager. Fink downplayed regulatory changes, arguing broader acceptance and liquidity will drive market expansion. With the firm’s bitcoin…
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According to Coingecko’s 2024 Q3 Crypto Industry Report, the global cryptocurrency market closed flat, ending the quarter with a $2.33 trillion market cap. However, the period saw considerable volatility driven by geopolitical and economic events across major markets. Q3’s Crypto Winners and Losers: Coingecko’s Report Breaks It Down Coingecko’s latest report highlights that the crypto…
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A meme coin named GOAT, issued by an artificial intelligence (AI) bot known as “Truth Terminal,” has gained significant traction with a dramatic rise in value. According to a report published by chaincatcher.com, authored by Deep Tide Techflow, on Oct. 11, the meme coin achieved a 12,000% increase in the first 24 hours, bringing attention…
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On Saturday, former President Donald Trump announced that the World Liberty Financial (WLF) token sale will kick off on Tuesday, Oct. 15. In his post on X, Trump described it as a “chance to help shape the future of finance.” He also noted that an X Spaces discussion about the token launch will be aired…
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According to Bernie Bloom, overcoming the blockchain trilemma requires building storage solutions that scale to exabytes and integrate seamlessly with smart contracts. Bloom, a serial entrepreneur and co-founder of Xandeum Labs, argues that this is essential for the “wholeness” of smart contract blockchains. Storage: A Key to Resolving the Blockchain Trilemma In written responses shared…
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The Web3 industry has yet to fully enter the mainstream, according to John Nahas, chief business officer (CBO) of Ava Labs. He argues that general-purpose Layer 1 blockchains, whose primary focus is marketing their tokens, dominate the space and lack sufficient innovation. This, Nahas contends, hinders the industry’s full potential. Blockchain Success Hinges on Curious,…
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Since surpassing the $2 billion milestone in tokenized U.S. Treasuries at the end of August, the sector has added another $210 million. The Blackrock USD Institutional Digital Liquidity Fund (BUIDL) still holds the top spot with a market cap of $531.88 million, reflecting a 3.32% rise over the last 30 days. Meanwhile, the Hashnote Short…
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Nobuaki Kobayashi, the trustee in charge of overseeing Mt Gox’s remaining assets, has pushed back the deadline for creditor repayments by a year, now set for Oct. 31, 2025. Mt Gox Trustee Postpones Repayment Deadline by One Year In an announcement on Thursday, Kobayashi cited delays in distributing the funds recovered after the 2014 collapse…
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The Trump family-backed World Liberty Financial, a financial technology firm, has announced plans to launch a decentralized finance (defi) protocol designed for widespread adoption. The company aims to integrate blockchain technology and a community-driven governance system to offer an accessible platform for both seasoned and new defi users. A Global Defi Platform? World Liberty Financial…
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