Coinbase, a16z-Backed 'Cash-Like' Crypto Wallet Beam Goes Live
Where most wallets require signing up, performing a degree of KYC checks, Beam users can send payments simply by using a link to a QR code. Thus it is aiming to create the closest possible equivalent to using crypto like cash.
Palm Foundation to Scale Its Native Network to Support NFT Minting and Trading
In partnership with Consensys and Polygon Labs, the Palm Network will evolve to facilitate more efficient NFT minting and trading for its 1.7 million registered wallet addresses.
Trader Redeems $12.3M of Rocketpool's Staked Ether to Mark Largest Daily Burn
Rocket Pool, a decentralized Ethereum-based staking service, experienced its largest daily redemption of its rocketpool ether (rETH) token this week, with one trader redeeming $12.3 million worth of the token before sending it to Binance.
Sui Foundation Bins MovEx After Violation of SUI Token Lockup Schedule
MovEx had violated the lockup by initiating three transactions of 625K SUI to three unique wallets, sparking concerns around these excess tokens in the open market.
Animoca Brands Invests $30 Million in Crypto Payments Application Hi
In order to perform KYC on its users, hi will soon utilize a Proof of Human Identity solution that helps prevent bots from transacting on its layer 2 network.
Bitcoin Volatility Expected on Friday's Bank of Japan Rate Decision. Here's Why
The BOJ is predicted to soften its grip on the country's bond markets, potentially influencing global bond markets, exchanges rates and liquidity conditions. Bitcoin and cryptocurrencies, in general, are sensitive to changes in global liquidity…
Meta Remains Committed to the Metaverse, Mark Zuckerberg Says
The pivot to the metaverse has cost Meta billions of dollars, but the company’s founder and CEO Mark Zuckerberg says the social media isn't looking to give up anytime soon.
Sam Bankman-Fried Won't Face Campaign Finance Charge, U.S. DOJ Says
The U.S. Department of Justice informed a federal judge that it did "not intend to proceed" with a campaign finance charge against FTX founder Sam Bankman-Fried after consulting with The Bahamas over whether it was included in an extradition…
First Mover Asia: Bitcoin Post-Fed Rate Hike Fizzles. Will BTC's Recent Low Volatility Last Much Longer?
zkSync Era launched only in March but has more daily active addresses than Arbitrum and Optimism, the two largest scaling solutions by total value locked, underscoring the rising interest in its potential airdrop.
Federal Reserve Hikes Fed Funds Rate by 25 Basis Points
The move was fully anticipated by market participants who will now look to Chairman Jerome Powell’s imminent post-meeting press conference for clues about whether the central bank intends to continue tightening monetary policy.
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