The Sandbox, a metaverse platform, has initiated Know Your Customer (KYC) verification for its staking procedures, as declared in an announcement on August 3rd. Verified users are now exclusively permitted to deposit The Sandbox’s native tokens and access staking rewards, while...
Nonfungible tokens (NFTs) have witnessed a substantial decline in Ethereum gas consumption since their peak in 2021, signifying a notable shift within the NFT ecosystem. Despite an increase in Ether gas prices in May, NFT marketplaces have contributed only 3% of the overall Ethereum...
The creators of the Bitcoin Ordinals protocol have founded a nonprofit organization called the Open Ordinals Institute to foster the growth of nonfungible tokens (NFTs) within the Bitcoin ecosystem. As the Ordinals inscriptions achieved a significant milestone of 21 million, this...
The unveiling of a U.S. dollar-backed stablecoin by PayPal has ignited opposing perspectives within the leadership of the House Financial Services Committee, with Democratic representative Maxine Waters expressing reservations while Republican counterpart Patrick McHenry sees...
Coinbase, the preeminent cryptocurrency exchange in the United States, has introduced Base, a layer 2 blockchain, marking a notable step forward in its aspiration to engage with a global audience of 1 billion individuals through decentralized applications (DApps) constructed on...
Aiming for a jury trial to start between April 1 and June 30, 2024, Judge Analisa Torres laid out deadlines for the SEC and Ripple defense lawyers to submit certain motions.
Solana Foundation’s General Manager of Games Johnny Lee tells Decrypt’s Jason Nelson about Solana’s PlayGG conference and shares his take on crypto gaming and the “play-to-earn” concept.