Vitalik Buterin, the man behind ethereum, talks crypto and the U.S. crackdownVitalik Buterin, co-founder of the second-most-popular cryptocurrency, sat down with CNBC’s MacKenzie Sigalos in Prague, one of the new crypto hotbeds in Europe. He discussed the growing crypto crackdown in the U.S. and suggested that developing countries would keep the crypto revolution going. He also talked about his own outsized role in the cryptocurrency he created but contended that his creation has taken on a life of its own and is thereby more resistant to government crackdowns.
FTX Looks to Offload Billions in Crypto: Here’s What it MeansThe defunct crypto exchange is seeking regulatory approval to liquidate $3.4 billion worth of crypto assets.
Vitalik Buterin's X account hacked, draining over $691K from victims' walletsFollowing the breach of Ethereum co-founder Vitalik Buterin's X (formerly Twitter) account, victims allegedly suffered losses exceeding $691,000 due to a malicious link that falsely promoted a free NFT.
The fight over a shrinking NFT market as marketplaces foresee next big boomMarketplaces are fighting hard for market share right now, anticipating the next big boom in non-fungible tokens. The NFT market is down from the heady days of 2021 — and it will look very different if and when it comes back.
Base Daily Transactions Outpace Ethereum on Friend.tech FrenzyThere are now more daily transactions on Ethereum layer-2 Base, which was incubated and launched by Coinbase, than on Ethereum—fueled in large part by the hype around social app Friend.tech. The latest data from digital asset analytics platform Artemis Terminal shows that daily transactions on Base hit 1.37 million yesterday while on Ethereum, they stood at little over 1 million.
Grimace Forever: McDonald's Is Giving Away Free NFTs That You Can't TradeFast food icon Grimace will next enter the NFT world via a McDonald’s giveaway in Singapore—and the cartoonish profile pictures (PFPs) can’t be traded once minted. Beginning August 21, the regional arm of the restaurant chain will offer up 2,000 total NFT collectibles featuring the global brand’s purple monster wearing varying expressions and accessories, each consisting of a distinctive blend of attributes. The NFTs will be free to claim, and only available through the McDonald’s mobile app in Singapore.
Adidas and BAPE Team for Ultra-Limited Sneakers With Digital TwinsApparel brands Adidas Originals and BAPE have unveiled a limited-edition sneaker collaboration for the Triple-White Forum 84 BAPE Low, which will be auctioned off and paired with a “digital twin” NFT version of the kicks that can potentially be worn in the metaverse.
FarmVille Creator Zynga Reveals First Ethereum NFT Game: SugartownProminent casual and mobile game publisher Zynga announced today that its first blockchain game is called Sugartown, which will utilize Ethereum NFTs.
$170M Bridged to Coinbase Layer-2 Base as Daily Active Users Hit 136,000Activity on Base, the newly launched Ethereum layer-2 network incubated by Coinbase, has surged in recent days following its mainnet launch on August 9. Daily active users on Base hit 136,000 yesterday, according to Dune Analytics, while the total value of funds bridged into the network has soared by over 80% to hit $170 million, per data from L2Beat. Base has leapt into the top five in total amount bridged across layer-2 networks.