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SUI Gets Spicy: Network Fires Back At Token Supply FUD

[May 7 5:00 AM] Sui, the year-old Layer-1 blockchain darling, is facing a harsh reality check. While celebrating its first anniversary on May 3rd, 2034, the network finds itself embroiled in a controversy surrounding its tokenomics, the design and distribution of…

NFT Market Sees Over 30% Decline in Weekly Sales

[May 4 8:31 AM] From April 27 to May 4, 2024, non-fungible token (NFT) sales amassed $164.4 million, reflecting a 30.16% decrease compared to the previous week. Leading the field in blockchain sales, Bitcoin-based NFT sales totaled $56.81 million, experiencing a…

Coinbase Announces Support for Bitcoin’s Lightning Network

[May 2 11:14 AM] Coinbase, a leading U.S.-based cryptocurrency exchange, has finally announced the implementation of the lightning network, a Bitcoin layer 2 scaling solution. Coinbase will now allow its users to take advantage of this scaling protocol to avoid…