$180 Million Ethereum Burned Due To Bored Ape NFTs

The NFT Land sale conducted by Yuga Labs might have been the biggest ever sale on the blockchain. With 55,000 Otherseeds (NFTs) available for sale, it has broken all the records for fastest sale and the highest number of Ethereum burned.  It became so phenomenal that the blockchain network practically crashed. Not literally, but it … Read more

Grayscale slams the gavel; AVAX & DOT join the family, SNX & SUSHI cast out

Though crypto is said to be decentralized, Grayscale’s recognition of crypto assets certainly help define the trajectories of coin or token prices. However, more than just new product additions, asset removals are also key in understanding what institutional investors want – or don’t want. No gray area here In a press release, Grayscale Investments shared … Read more

Immutable X Developer Launch Rewards V2

The Immutable X Developer Launch Rewards program is back with bigger prizes and registrations start today! This program celebrates early-stage NFT collectibles in their journey on Ethereum, powered by Immutable X. In the last round, we celebrated CyberGalz for achieving more than $100,000 NFT L2 trades since their launch on Immutable X. To continue our … Read more

Spotlight on Ethereum 2.0 (Eth2) Consensus Layer

Powerful upgrades to the blockchain we know and love If you have not heard of Ethereum, you must be living under a rock. In recent years, Ethereum has risen to the heights of the crypto, tech, and finance worlds, becoming the second most popular blockchain after Bitcoin. Today, Ethereum has a market capitalization of 320 … Read more

Acala and Karura to Connect Polkadot and Kusama to the Wormhole Multi-Chain Bridge

Dan Reecer Mar 30 · 6 min read Acala and Karura ecosystems to join forces with Avalanche, Binance Smart Chain, Ethereum, Fantom, Oasis, Polygon, Solana, and Terra for shared liquidity, cross-chain DApps, and cross-chain token transfers Acala and Karura will integrate with Wormhole, an industry-leading multi-chain bridging platform connecting high-value blockchain networks. As the first … Read more

Polkadot Parachains and Venture Funds Team Up to Launch $250 Million ‘aUSD Ecosystem Fund’ to Grow…

Dan Reecer Mar 23 · 6 min read Acala, along with an initial nine Polkadot parachain teams and several supporting venture funds, has launched the $250 million aUSD Ecosystem Fund to support early-stage startups building applications with strong stablecoin use cases on any Polkadot or Kusama parachain. The fund participants are seeking Solidity or Substrate-based … Read more