MoMA Makes History Acquiring Refik Anadol’s A.I. Generated Tokenized (NFT) Art to Their Permanent Collection
Anadol’s “Unsupervised” Blends AI, Blockchain and MoMA’s Archives into an Immersive Artistic Experience TL;DR: MoMA recently acquired generative AI artwork “Unsupervised” by Refik Anadol, marking the museum’s first addition of a tokenized digital artwork (NFT) to its permanent collection. Supported by major donors, the acquisition highlights MoMA’s continued engagement with emerging technologies as new creative […]
Metamask Announces Launch of New Fiat Off-Ramps, Allowing Seamless Direct to Bank & Paypal Transfers
New partnerships with regulated entities like Transak enable direct bank and PayPal transfers, increasing accessibility. TL;DR: MetaMask has introduced new off-ramp capabilities, enabling users to easily convert crypto holdings into fiat currency and withdraw directly to their bank accounts or PayPal balances. This enhances the self-custodial wallet’s utility and aligns with its mission of furthering […]
Grayscale Wins Lawsuit Against SEC Over Spot Bitcoin ETF Paving Way for Institutional Investors
D.C. Circuit overturns SEC’s denial, paving way for first spot bitcoin ETF TL;DR: In a landmark legal victory, Grayscale’s Bitcoin Trust succeeded in its lawsuit against the SEC, clearing the way for approval of the first spot bitcoin exchange-traded fund (ETF) in the U.S. The D.C. Circuit ruled the SEC failed to justify denying Grayscale […]
What is Friend.tech? A New Social App Allowing Users to Buy & Sell Shares of People They Believe In
Friend.tech leverages crypto incentives to build community and decentralize social media. TL;DR: The recently launched FriendTech app leverages blockchain technology built on Coinbase’s Layer-2 scaling solution ‘Base’ to facilitate unique social media experiences, allowing users to tokenize their connections providing access to ‘private-chats’. Backed by top investors like Paradigm, it has seen tremendous early growth, […]
NFT Marketplace Opensea is Set to Make Creator Royalties Optional Amid Market Pressure
Leading NFT marketplace yields to growing competition, phases out royalty enforcement TL;DR: Due to growing competition from royalty-free NFT marketplaces like Blur, OpenSea has announced it will stop enforcing creator royalty fees starting in March 2024. This signals the collapse of a key part of the NFT value proposition – ensuring artists get paid on […]
Reboot Protocol Launches Gaming Infrastructure on Arbitrum & Pixel Vault Acquires Wolf Game
Reboot released capabilities aimed at sustainable blockchain gaming while Pixel Vault acquired Wolf Game. TL;DR: Reboot Protocol debuted tools and features designed to facilitate sustainable blockchain gaming ecosystems using incentives like tokenized rewards and anti-cheat validation on Arbitrum’s new Nova chain. Additionally, Pixel Vault acquired perpetual rights to the popular strategic P2E blockchain-based Wolf Game. […]
DeLabs Returns Polygon’s $3M Grant, Announce y00ts Migration to Ethereum & Tease DeGods Season 3
DeLabs migrate y00ts to Ethereum, refunds $3M grant back to Polygon, tease DeGods Season III & launch new points parlor rewards game TL;DR: In an unexpected move, DeLabs is migrating its y00ts collection over to Ethereum, returning a $3 million grant from Polygon in the process. The move unifies y00ts with DeLabs’ leading DeGods project […]
Coinbase Launches Layer-2 Network “Base” Aimed at Accelerating Web3 Adoption
Base aims to accelerate web3 adoption by enhancing scalability and reducing fees on Ethereum TL;DR: Coinbase has officially launched the mainnet for its new layer-2 scaling solution Base, built using Optimism’s OP stack. With over 100 dApps and providers onboard, low fees, and fast transaction speeds, Base aims to spur wider crypto adoption by improving […]
PayPal Launches ‘PayPal USD’ ($PYUSD), a Fully Backed U.S. Dollar-Pegged Stablecoin for Crypto
PYUSD aims to drive mainstream adoption of digital assets by bridging fiat and crypto economies. TL;DR: PayPal has launched its own stablecoin, PayPal USD (PYUSD), in a major move into cryptocurrency. Fully backed by U.S. dollars and issued on Ethereum, PYUSD aims to accelerate adoption of digital assets for payments and transfers. PayPal made waves […]
Doodles is Teaming Up With Footwear Giant Crocs on an Exciting New Collaboration
The two brands join forces to bring the beloved Doodles characters to life TL;DR: Doodles has announced an upcoming collaboration with footwear giant Crocs, set to launch in August 2023. The partnership will feature Doodles-themed shoes, accessories (jibbitz), and apparel (wearables). Doodles, the popular NFT collection, revealed an exciting new collaboration with footwear giant Crocs […]