Ledger Launches Controversial ‘Seed Phrase Recovery Service’ Sparking Community-Wide Debate
Hardware wallet provider Ledger has found itself at the center of controversy following the introduction of its new Ledger Recover service in a recent firmware update. The subscription-based service costs $9.99 per month and offers an ID-based key recovery feature that backs up users’ seed phrases. However, introducing this service has sparked a heated debate […]
Former OpenSea Manager Nate Chastain Convicted in Landmark NFT Insider Trading Case
TLDR;Nathaniel Chastain, a former product manager at OpenSea, was convicted of wire fraud and money laundering for using inside information about which NFTs would be featured on the platform’s homepage. This case, the first of its kind involving digital assets, could have significant implications for the regulation of non-fungible tokens and insider trading. Nathaniel Chastain […]
Alphabet Merges ‘Deep Mind’ & ‘Google Brain’ Teams Into New A.I. Powerhouse ‘Google DeepMind’
Alphabet, the parent company of Google, is merging its DeepMind and Brain AI teams into a new unit named Google DeepMind. This reorganization aims to speed up advancements in AI research and development, ensuring that the company’s general AI systems are developed both responsibly and safely. DeepMind CEO Demis Hassabis will lead the new division, […]
Nike Launches the Our Force 1 Nft Collection: A Digital Tribute to the Iconic Air Force Sneakers
Nike is celebrating the first 50 years of its iconic brand with the Our Force 1 Collection, featuring never-before-seen digital renditions of Air Force 1 Lows from the past, present, and future. Designed for the digital generation, this collection is an homage to the creativity and versatility of the AF1. Two OF1 Box Variants: Classic […]
Opensea Unveils Its Next-Gen NFT Marketplace Aggregator Dubbed ‘Opensea Pro’
OpenSea, the leading NFT marketplace, has announced the launch of OpenSea Pro, a next-generation NFT marketplace aggregator designed for power users. In April 2022, OpenSea acquired Gem, an innovative NFT aggregator, which has since been revamped to form OpenSea Pro. This new platform offers a wide range of advanced features, providing power collectors a seamless […]
Ticketmaster Announces the Launch of Their ‘Token-Gated’ [NFT] Event Ticketing Feature
eTicketing giant ‘Ticketmaster’ recently announced that it would adopt the Flow blockchain from Dapper Labs to mint tickets as NFTs for select events, and it looks like the rollout starts this week. The NFTs will serve primarily as collectible digital memorabilia and as a POA “proof of attendance” badge, but possibilities are endless, and this […]
‘Epic Games’ Announces the Launch of Creator Economy 2.0 and Unreal Editor for Fortnite
Epic Games, the creators of gaming giant ‘Fortnite’ just announced the launch of Unreal Editor for Fortnite (UEFN) and Creator Economy 2.0, marking a significant step forward for the future of gaming. Unreal Editor for Fortnite is a new PC application that enables game developers and creators to design, develop, and publish games and experiences […]
Coinbase Launches WaaS a.k.a. ‘Wallet as a Service’ Allowing for Seamless Web3 Onboarding
Coinbase, the renowned cryptocurrency exchange, announced the launch of its latest initiative, Wallet as a Service (WaaS). With WaaS, any company can easily onboard its users into web3 by creating and deploying fully customizable on-chain wallets through secure wallet infrastructure APIs. WaaS allows companies to provide their users with the same ease of use and […]
Coinbase Launches Ethereum Layer 2 Network ‘Base’ Built on the Open Source Optimisim Stack
Coinbase, the popular cryptocurrency exchange, recently announced the launch of Base, an Ethereum Layer 2 (L2) network designed to offer a low-cost, secure, and developer-friendly platform for building decentralized applications (dApps) on-chain. The network aims to be an open ecosystem where anyone can build and serve as a home for Coinbase’s on-chain products. According to […]
Opensea Cuts Fees Temporarily and Makes Creator Royalties Optional Amid Battle With Blur
Opensea, one of the leading digital marketplaces for non-fungible tokens (NFTs), has recently announced changes to its fee structure and creator earnings model. While Opensea’s decision to drop its fees to 0% for a promotional period of time may seem like a positive development for buyers and sellers, the move to make creator royalties optional […]