XEL(XEL)

BlockDAG’s presale has made a resounding impact, amassing $19 million and surpassing other prominent players like Cosmos and Axelar as the top altcoins to consider buying in 2024. This significant financial milestone highlights the growing investor trust in BlockDAG and sets a new benchmark in the altcoin sector. Enhancing the […]

This year's bull market has seen a resurgence of many crypto narratives from yonder cycles, including crypto gaming. In that sector the Ronin network – whose game Axie Infinity reigned over the last gaming moment – is back again.

[PRESS RELEASE – New York, USA, February 6th, 2024] Frax Finance is among the 1st to adopt no-code Interchain Tokens Axelar network’s Interchain Token Service (ITS) is now live on mainnet and permissionlessly available, allowing any ERC-20 token issuer to create Interchain Tokens with the click of a button. Interchain Tokens move freely to EVM-compatible […]

LayerZero launched a Lido stETH bridge last October without asking for Lido DAO's permission. The community responded this week by endorsing a pair of its biggest competitors.

Immutable Chooses Axelar for Canonical Bridge to Ethereum, Enhancing Web3 Gaming Interoperability

[PRESS RELEASE – Panama, Panama City, January 10th, 2024] Web3 platform BlockGuard has signed an equity partnership deal with Pixelette Technologies, a London-based blockchain and IT firm. As part of the deal, Pixelette’s founder and CEO Asif Ashiq Rana has also joined the platform as an advisor. BlockGuard, whose services include decentralized, professionally-managed funds, a […]

Nella prima vendita in assoluto delle iscrizioni degli Ordinali da parte della storica casa d'aste, nota come "NFT su Bitcoin", un lotto di tre immagini pixelate provenienti da una collezione a tema funghi ha fruttato circa $ 450.000, ovvero circa cinque volte le stime più alte.

In the historic auction house's first-ever sale of the Ordinals inscriptions known as "NFTs on Bitcoin," a batch of three pixelated images from a mushroom-themed collection drew about $450,000, or roughly five times the highest estimates.

Na primeira venda das inscrições Ordinals da histórica casa de leilões, conhecida como “NFTs no Bitcoin”, um lote de três imagens pixeladas de uma coleção com tema de cogumelo atraiu cerca de US$ 450.000, ou cerca de cinco vezes as estimativas mais altas.

Lors de la toute première vente par la maison de ventes aux enchères historique des inscriptions Ordinals connues sous le nom de « NFT sur Bitcoin», un lot de trois images pixellisées provenant d'une collection sur le thème des champignons a rapporté environ 450 000 $, soit environ cinq fois les estimations les plus élevées.

[PRESS RELEASE – New York, USA, December 12th, 2023] The top derivatives DEXs and spot DEXs are now all using Axelar network for cross-chain connections Vertex Protocol, one of the most innovative and fast-growing DEXs in Web3, is now using Axelar network and Squid to power cross-chain collateral deposits. The integration was announced today on […]

Axelar Powers Vertex's Move Towards Cross-Chain Interoperability

The NFT-like Ordinals inscriptions are anathema to some Bitcoin purists who want to preserve the blockchain for financial applications. But a few of the images are fetching eye-popping sums in the in-real-life art world.

The aim of the project was to allow wealth managers to tokenize funds and to be able to purchase and rebalance positions in tokenized assets across multiple interconnected chains.

[PRESS RELEASE – New York, USA, September 20th, 2023] As dYdX is adopting a standalone app-chain model, a pioneering interoperability solution enables 1-click onboarding from any blockchain environment Decentralized financial derivatives marketplace dYdX has implemented a solution built on cross-chain infrastructure provided by Axelar, the leading Web3 interoperability platform, to support single-click onboarding and offboarding […]

dYdX v4 Enables 1-Click Onboarding With Squid & Axelar

[PRESS RELEASE – New York, USA, September 14th, 2023] The collaboration aims to enhance cross-chain interoperability and support the expansion of wstETH and other assets in the Cosmos ecosystem Neutron, the most secure cross-chain smart-contracting platform for DeFi, and Axelar, the full-stack interoperability layer for Web3, have been selected by Lido, the leading liquid staking […]

[Press Release – Zug, Switzerland, August 4th, 2023] D8X’s pre-seed round features Polygon Ventures, Axelar Network, Swissborg Ventures, and others D8X, an institutional-grade decentralized exchange (DEX) for derivatives on Polygon zkEVM, announced a $1.5 million pre-seed round with support from Polygon Ventures and other notable investors. The capital will help D8X launch a decentralized derivatives […]

Zug, Switzerland, August 4th, 2023, ChainwireD8X's pre-seed round features Polygon Ventures, Axelar Network, Swissborg Ventures and othersD8X, an institutional-grade decentralized exchange (DEX) for derivatives on Polygon zkEVM, announced a $1.5 million pre-seed round with support from Polygon Ventures and other notable investors. The capital will help D8X launch a decentralized derivatives trading platform in the second half of 2023 that provides a white-labeling solution to trading partners seeking access to powerful derivatives products.The pre-seed round for D8X includes additional participation from Axelar Network, Swissborg Ventures, Cogitent Ventures, Veris Ventures, G1 Ventures, Pragma Ventures, CryptoDiscover and others.“DeFi is reshaping the future of finance. Projects like D8X are building the infrastructure that will help legacy finance to leap into web3,” said Polygon Co-Founder Sandeep Nailwal.Bridging CeFi to DeFiD8X's founders bet on centralized players wanting to offer decentralized crypto derivatives to their clients without having to hire experts to develop in-house market-making and trading engines. D8X provides a white-label solution to partners who act as brokers and earn fees by running their own front ends powered by the D8X trade engine and shared liquidity.Financial Engineering On ChainD8X’s sophisticated on-chain solutions curb costs and offer products that are competitive with centralized exchanges, such as cost-efficient hedging, a prerequisite for building a highly functional derivative trading space. Contract trading allows other DeFi protocols to efficiently hedge on-chain. Their perpetuals can be calibrated for a wide range of assets and support—as a first in DeFi—linear, inverse and quanto perpetuals. At launch, a liquidity pool in Lido's staked ETH (stETH) will enable liquidity providers to earn the Lido yield while simultaneously participating in the DEX’s earnings.D8X is the first business-to-business (B2B) DEX built on Polygon’s zkEVM, harnessing the power of zero-knowledge proofs to cut transaction fees, increase security and scale operations across the Polygon and Ethereum networks.“D8X is part of a driving force of innovation and community in Polygon’s 2.0 zero-knowledge space,” said Polygon Director of Growth Hamzah Khan.D8X is a fully decentralized DEX following regulatory guidance from Switzerland’s financial market regulator FINMA.“We thank all our investors for believing in D8X's vision to bring truly decentralized derivatives as white-labeling solutions to institutions. With best-in-class financial engineering and risk management, D8X is changing the way decentralized derivatives are traded,” said D8X co-founder Caspar Sauter.The production codebase of D8X was audited by PeckShield and an earlier version was audited by Hacken.About D8XD8X is a Polygon Ventures-supported institutional-grade perpetual futures DEX with a financial engineering approach that elevates the way perpetual futures can be traded on-chain. Think of a powerful and decentralized trading platform on Polygon zkEVM that offers white-labeling to institutions. D8X’s pricing mechanism adapts to changing market conditions protecting liquidity providers and profitable traders in volatile periods, resulting in superior DeFi trading conditions.D8X | Twitter | GitHub | DocsContactPR DirectorPatrick [email protected]

Zug, Switzerland, August 4th, 2023, ChainwireD8X's pre-seed round features Polygon Ventures, Axelar Network, Swissborg Ventures and othersD8X, an institutional-grade decentralized exchange (DEX) for derivatives on Polygon zkEVM, announced a $1.5 million pre-seed round with support from Polygon Ventures and other notable investors. The capital will help D8X launch a decentralized derivatives trading platform in the second half of 2023 that provides a white-labeling solution to trading partners seeking access to powerful derivatives products.The pre-seed round for D8X includes additional participation from Axelar Network, Swissborg Ventures, Cogitent Ventures, Veris Ventures, G1 Ventures, Pragma Ventures, CryptoDiscover and others.“DeFi is reshaping the future of finance. Projects like D8X are building the infrastructure that will help legacy finance to leap into web3,” said Polygon Co-Founder Sandeep Nailwal.Bridging CeFi to DeFiD8X's founders bet on centralized players wanting to offer decentralized crypto derivatives to their clients without having to hire experts to develop in-house market-making and trading engines. D8X provides a white-label solution to partners who act as brokers and earn fees by running their own front ends powered by the D8X trade engine and shared liquidity.Financial Engineering On ChainD8X’s sophisticated on-chain solutions curb costs and offer products that are competitive with centralized exchanges, such as cost-efficient hedging, a prerequisite for building a highly functional derivative trading space. Contract trading allows other DeFi protocols to efficiently hedge on-chain. Their perpetuals can be calibrated for a wide range of assets and support—as a first in DeFi—linear, inverse and quanto perpetuals. At launch, a liquidity pool in Lido's staked ETH (stETH) will enable liquidity providers to earn the Lido yield while simultaneously participating in the DEX’s earnings.D8X is the first business-to-business (B2B) DEX built on Polygon’s zkEVM, harnessing the power of zero-knowledge proofs to cut transaction fees, increase security and scale operations across the Polygon and Ethereum networks.“D8X is part of a driving force of innovation and community in Polygon’s 2.0 zero-knowledge space,” said Polygon Director of Growth Hamzah Khan.D8X is a fully decentralized DEX following regulatory guidance from Switzerland’s financial market regulator FINMA.“We thank all our investors for believing in D8X's vision to bring truly decentralized derivatives as white-labeling solutions to institutions. With best-in-class financial engineering and risk management, D8X is changing the way decentralized derivatives are traded,” said D8X co-founder Caspar Sauter.The production codebase of D8X was audited by PeckShield and an earlier version was audited by Hacken.About D8XD8X is a Polygon Ventures-supported institutional-grade perpetual futures DEX with a financial engineering approach that elevates the way perpetual futures can be traded on-chain. Think of a powerful and decentralized trading platform on Polygon zkEVM that offers white-labeling to institutions. D8X’s pricing mechanism adapts to changing market conditions protecting liquidity providers and profitable traders in volatile periods, resulting in superior DeFi trading conditions.D8X | Twitter | GitHub | DocsContactPR DirectorPatrick [email protected]

Web3 financial super app “hi” and Animoca Brands have entered a strategic partnership, with Animoca investing $30 million in hi. The partnership will see Animoca invest $30 million into hi, with the venture collaborating on several new initiatives. hi, the Web3 financial super app and ecosystem, and Animoca Brands, the company advancing digital property rights for gaming and the metaverse, have teamed up by entering into a memorandum of understanding (MoU) for a strategic partnership. Part of the partnership, subject to agreement of definitive terms, will see Animoca Brands invest $30 million in hi and collaborate on several new exciting initiatives. The companies’ shared vision aims to amplify the utility of fungible tokens and NFTs (non-fungible tokens) within the Web3 space. Hi and Animoca Will Provide Unique-Human Authentication Mechanisms The partnership will lead to deep integration between Animoca’s ecosystem and hi’s innovative services driving Web3 mass adoption. With a strong focus on boosting the hi ecosystem, anchored by the hi App – a cutting-edge financial super app for Web3 – and the hi Protocol (hiP) – a scalable, EVM compatible, Sybil-resistant layer-2 sidechain for Ethereum – the companies will work to provide developers with a unique-human authentication mechanism through hiP’s ground-breaking Proof of Human Identity (PoHI) solution. Animoca is an undisputed leader in the NFT space and, with such a reputation, will support hi’s vision to deliver real-world use cases for cryptocurrencies and utility tokens, allowing users to directly spend and be rewarded with specific tokens used in the Animoca ecosystem, including SAND, EDU, APE, REVV, GMEE, and others. In 2022, hi – with over 3.5 million users, of which 1 million are KYC-ed- announced the world’s first debit card featuring NFT avatar customization powered by Mastercard. With the first cards shipping in Q3 2023, eligible cardholders can personalize the face of their debit card with an NFT avatar they verifiably own and spend their fiat and digital currencies at more than 90 million locations worldwide. Animoca Brands’ portfolio companies will undoubtedly benefit from this unique customisation feature. Yat Siu, the co-founder and executive chairman of Animoca Brands, said: “We are looking forward to investing in and partnering with hi, which is committed to bridging the gap between the fiat and cryptocurrency worlds. As part of this partnership we will collaborate with hi on its continued development of the hi App and the hi Protocol to drive positive impact for the broader Web3 ecosystem.” Sean Rach, the co-founder of hi, commented on the partnership: “Hi is proud to work closely with Animoca Brands, especially given its experience in backing some of the earliest and most prominent Web3 companies. By teaming up with Animoca Brands, we will be able to boost the adoption of hi products and services, helping to drive mass adoption for blockchain technology.” About hi hi is building the world’s most user-friendly and functional app for crypto and fiat. It combines the functionality of a crypto exchange with a next-generation digital banking platform. The company provides members with an all-in-one service for savings, investments, payments, and lifestyle benefits. Almost 3.5 million people from 190+ markets have signed up for hi, and the hi App has been downloaded over 2 million times. Visit hi on Telegram, Twitter, Instagram, LinkedIn, or its website - hi.com. hi is Payment Card Industry Data Security Standards (PCI DSS) certified. hi has completed its registration as a Virtual Assets Service Provider (VASP) in Lithuania and registered as a Virtual Currency Operator with Italy’s payments services regulator, the Organismo Agenti e Mediatori (OAM). hi has also completed the pre-registration activities under the supervision of the Hong Kong Securities and Futures Commission (SFC) to secure its Virtual Asset Trading Platform license. Download the iOS App or Download the Android App. About Animoca Brands Animoca Brands, a Deloitte Tech Fast winner, a Fortune Crypto 40 company, and one of the Financial Times’ High Growth Companies Asia-Pacific 2023, is a leader in digital entertainment, blockchain, and gamification working to advance digital property rights and contribute to establishing the open metaverse. The company develops and publishes a broad portfolio of products, including original games such as The Sandbox, Phantom Galaxies, Life Beyond, Crazy Kings, and Crazy Defense Heroes, and products utilizing popular intellectual properties including Disney, WWE, Snoop Dogg, The Walking Dead, Power Rangers, MotoGPTM, and Formula E. It has multiple subsidiaries, including The Sandbox, Blowfish Studios, Quidd, GAMEE, nWay, Pixowl, Forj, Lympo, Animoca Brands Japan, Grease Monkey Games, Eden Games, Life Beyond Studios, Notre Game, TinyTap, Be. , PIXELYNX, and WePlay Media. Animoca Brands has a growing portfolio of over 450 Web3 investments, including Colossal, Axie Infinity, OpenSea, Dapper Labs (NBA Top Shot), Yield Guild Games, Harmony, Alien Worlds, Star Atlas, and others. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

The Multichain bridge, one of the oldest and more established token bridges used in DeFi, has suffered a $126 million loss in July, making it one of the larger bridge hacks in history. But this one is different from previous hacks like the Nomad bridge. No code was really compromised, as reportedly the assets were taken by the CEO’s sister. Multichain’s CEO, known only as Zhaojun, was apparently apprehended by Chinese authorities a few weeks prior. The CEO’s disappearance wreaked havoc on the team’s operations, according to their own report. Zhaojun held several important keys that were important for the operation and maintenance of the protocol. According to the explanation published by the Multichain team, they had asked his sister for access to these keys via cloud backups. Allegedly, she then took the money “for safekeeping” only to be arrested herself shortly after. The incident highlighted what some industry experts and insiders knew all along: Multichain was an extremely centralized bridge, which literally ceased to function as soon as its CEO became unavailable. For a crypto project, this is a damning story — even traditional corporations are more decentralized than that. Why this wasn’t spotted Given these revelations, it seems surprising that people trusted Multichain enough to have hundreds of millions of dollars deposited on the platform. Venket Naga, CEO at blockchain privacy-preserving platform, Serenity Shield, gave a few ideas how this might have happened. “First, the code's complexity may have made it challenging for non-experts to identify potential loopholes. Second, there might have been limited transparency and auditing, allowing crucial issues to go unnoticed,” he explained. Because of their cross-chain nature, bridges are often a black box. Even though Multichain’s core architecture is open-source, the complexity of these systems means that it’s difficult to have a good understanding of how it’s all implemented. “Trust in the code's integrity might have been assumed, neglecting the need for robust security assessments,” added Naga. “Moving forward, conducting comprehensive audits, fostering transparency, and engaging the community are crucial to prevent similar situations.” Bridge Choice 101 Bridge vulnerabilities are a common theme in Web3, and many teams deemed competent and reputable suffered enormous losses. So how can an average user try to avoid these incidents and spot unsafe bridges from further away? There is no perfect standard, but ideally it should be a mix of robust decentralization, simple architecture and good history of operation. For example, for bridges running on some form of trusted validators (which applies to most of them), you would expect that these entities should be well-known, and at least somewhat separate from the bridge’s creators. Architecture-wise, most bridges today are quite simple contracts based on multi-signature cryptography. More decentralized options have emerged from time to time, most notably Nomad. Unfortunately, these solutions are more complex, so this bridge got hacked because of one poorly implemented line of code. A good indicator is time. Poor bridges fail and only the sturdy options remain after some time — though Multichain is a significant exception to this rule. Many existing bridges have already gone through hacks, notably Wormhole. At the time, the project got “bailed out” by Jump Crypto, which allowed it to resume operations and re-establish some level of trust. But this apparent “insurance” shouldn’t be taken for granted. According to Brandon Brown, CEO and Co-Founder of personal wallet theft protection FairSide, “bridges present complex challenges for cover providers due to centralization and the risks associated with smart contracts. Bridges are a crucial aspect of blockchain usage, but their implementation leaves much to be desired. “To rebuild trust in blockchain bridges, a comprehensive approach is crucial,” according to Naga. “Implementing enhanced security measures, transparent bridge design and operations, rigorous audits, and involving the community in governance are essential. For Broen, “innovative solutions are emerging, such as Axelar's Interchain, which offer promising potential in mitigating the inherent risks of interoperability.” Hopefully, these solutions come sooner rather than later. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

CyberKongz partners with Axie Infinity’s creator Sky Mavis to migrate its existing Play and Kollect NFT game and mint the new Genkai NFT collection on the Ronin chain. New Genkai NFT Collection and Game to Be Launched on Ronin According to the press release of July 25, Sky Mavis, creator of the popular crypto game Axie Infinity, starts its new partnership with a growing NFT franchise CyberKongz. CyberKongz will mint a part of its new anime-inspired NFT collection called Genkai on Sky Mavis’ Ronin chain. The Genkai mint will take place on July 27 at 12pm EST, with 4,000 made available on Ronin’s Mavis Market and the other 16,000 NFTs minted on the Ethereum Mainnet. The Ethereum NFT holders will have the option to move their tokens to Ronin in the future. The price for Genkai NFTs on the Ethereum blockchain is expected to be 0.25 ETH (about $460) per token. The NFT creators have also confirmed that they’ll join forces with Ronin to develop a new game featuring Genkai, although no further details have been announced so far. “Genkai is the first non-pixel artwork I have created for CyberKongz and will represent our growth as a project to expand our IP into the Southeast Asian and Japanese markets. Additionally, CyberKongz will be working with Ronin to develop a game featuring Genkai. This ambitious venture will seek to alter the paradigm of web3 IP in a gamified manner.” – shared CyberKongz founder and artist, Myoo. Besides, it’s been reported that the CyberKongz’ existing NFT minting game called Play and Kollect will be migrated from the Polygon blockchain to Ronin. However, the date for the migration hasn’t been set yet. To strengthen the connection between Axie Infinity and CyberKongz users, Sky Mavis will give away free Genkai NFTs to each holder of the rare Mystic Axies. What Does the Partnership Mean for Sky Mavis and CyberKongz? There’s a reason why CyberKongz chose Sky Mavis for this collaboration. Apparently, there’s always been a link between Axie Infinity players and CyberKongz fans. CyberKongz council member Henry the Grape explained: “We were really born out of the Axie community. So when the opportunity came with Ronin to be able to continue building our ecosystem on Ronin, it was kind of a no-brainer.” Myoo of CyberKongz also mentioned: “By partnering with Sky Mavis we are embarking on a unique opportunity to accelerate our already established gaming ecosystem, while also enabling an expansion of our holder base.” As for Sky Mavis, it will undoubtedly benefit from the partnership. The Axie Infinity creators are moving towards growing a large blockchain gaming ecosystem. CyberKongz NFTs will become the first profile picture collection minted on Ronin. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

The UK’s HM Treasury has officially rejected the House of Commons Treasury Committee’s recent recommendation to regulate crypto trading not as financial assets but as gambling instruments. Let’s find out more. Bitcoin Elon Musk’s Tesla has continued to hodl its BTC reserves for the fourth consecutive quarter after being forced to divest 75% of its reserves in 2022 Q2. After hitting the range bottom, BTC looks to be heading higher once more, with the bulls looking to test the $31,000 to $32,000 major resistance again. Ethereum In the midst of a rebounding crypto market, Vitalik Buterin has hinted at a forthcoming upgrade to the Ethereum network, which could potentially reduce costs by a factor of 100. DeFi DeFi protocol Conic Finance revealed that it had suffered an exploit, with the attacker draining over 1700 ETH worth $3.6 million from one of its Omnipools. Uniswap founder Hayden Adam’s Twitter account suffered a breach, with hackers sending out several tweets leading users to scam websites and phishing links. Leading DEX platform Spectrum Finance has revealed its strategic collaboration with Cardano, the innovative smart contract platform. Axelar has launched the Interchain Token Service, a solution designed to enhance the interoperability of ERC-20 tokens across all EVM-compatible chains. Altcoins Solana Labs has announced the rollout of the Solang compiler that will help EVM developers transition to the Solana ecosystem. The crypto world eagerly awaits upcoming Litecoin's third halving event, which is expected to happen on August 2, 2023, once the 2,520,000th block is mined. Technology Crypto experts have raised questions on central bank digital currencies like where are all the mainstream media articles or televised debates on the advantages or disadvantages of implementing CBDCs nationwide. Worldcoin has completed its migration to the Optimism ecosystem, with critical components such as the World ID and World App technology stack already migrated to the OP mainnet. Starknet has disclosed the initiation of "appchains," a framework designed to enable developers to construct several application-specific blockchains within the Starknet ecosystem. Business The recently uncovered personal diaries of Alameda Research CEO Caroline Ellison could be used as key evidence in the upcoming trial of FTX founder Sam Bankman-Fried. Venture capital firms Coinfund and Polychain Capital have successfully raised a total of $350 million in their latest fundraising rounds, showcasing returning confidence in the crypto space. American investor Cathie Wood’s ARK Invest sold another $50.5 million worth of Coinbase shares to cash in on the recent crypto market rally. Binance has abruptly ended its five-year partnership with the Argentine Football Association (AFA) after only one year. Regulation A bipartisan group of United States Senators has introduced the CANSEE Act to regulate DeFi platforms in order to curb money laundering and other financial transgressions. The UK government rejected a recent House of Commons Treasury Committee proposal, which suggested that retail crypto trading be regulated like gambling instruments. In the face of legal turbulence surrounding its co-founder, Do Kwon, blockchain firm Terraform Labs has appointed a new CEO. Myanmar’s National Unity Government (NUG), a shadow government opposing the current military rule, is set to launch a crypto neobank operating on the Polygon blockchain network. Enforcement authorities in China’s northern province of Shanxi have uncovered an alleged USDT money laundering scheme amounting to over $55 million. Third largest French bank, Societe Generale, has become the first bank to procure a licence to provide trading and custody of cryptocurrency assets. The International Monetary Fund (IMF) underscored its views that crypto requires “comprehensive policies to safeguard economies and investors.” The founder and former CEO of the now-defunct Thodex crypto exchange, Faruk Fateh Ozer, has received a seven-month prison sentence after he failed to submit relevant documents requested during the trial. Representative Ritchie Torres becomes the latest US lawmaker to level criticism against the SEC and its Chairman Gary Gensler’s position on crypto. The clock has started ticking for the SEC to approve or reject BlackRock’s application for a spot Bitcoin exchange traded fund. Coinbase CEO Brian Armstrong, is set to hold a private meeting with House Democrats on Wednesday, according to Democratic aides familiar with the agenda. US Judge Sarah Netburn has ordered the SEC and Ripple to agree to possible settlement dates should both parties believe them to be constructive at this stage. On Monday, the Financial Stability Board published its recommendations for a global regulatory framework for crypto-assets to “promote the comprehensiveness and international consistency of regulatory and supervisory approaches.” NFT Proof Collective is trying to rekindle interest in its Moonbirds NFTs with a brand new 20,000-piece Mythics collection, released almost a year after its initial mention in August 2022. Staking protocol EtherFi has called out the OpenSea marketplace for its decision to suspend the trading of the former’s EtherFan NFT collection last week. Web3 Andreessen Horowitz partner Sriram Krishnan expressed confidence that Web3 has the potential to remedy the issues plaguing current Web2-based social media platforms. The developers behind Polygon Labs have proposed changes to their governance system that are integral to their forthcoming Polygon 2.0 roadmap. The potential of AR games has yet to be fully realized, but developers have already created lots of highly original apps to enhance our experiences in the physical world. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.