Everything web3, crypto, defi, degen
In brief Prediction markets and DAOs are both all about coordination, Syndicate co-founder Ian Lee said. One is focused on human intelligence, while the other on human capital. Syndicate was once dedicated to providing infrastructure for DAOs. Prediction markets and decentralized autonomous organizations, or DAOs, may be closer cousins than most people think, according to…
In brief Pudgy Penguins’ battle royale platform game Pudgy Party is a fun, casual-friendly mobile experience. Developed by Mythical Games, it adds to the proven formula by giving each character unique and fun abilities. Some characters can be evolved into a legendary NFT, which can be traded on the Mythical marketplace. Pudgy Penguins mobile game…
In brief A new Pew survey showed Americans wanted AI’s help with chores, but feared it wrecked their minds and relationships. Most Americans said AI stripped away creativity and human connection, with only 10% feeling more excited than worried. The majority admitted they had no control over AI in their lives—just a digital tide they…
In brief Remilia Corporation is launching a Milady-centric social network called RemiliaChat. The rollout is beginning with RemiliaNET, a social identity layer launching Friday. While aimed at fans of 4chan, RemiliaChat will have some level of content moderation. The Milady gang thinks social media is broken, calling the community of fans the “diaspora of chan…
In brief Coinbase unveiled a lending product this week offering “competitive yields.” DeFi lender Morpho is currently subsidizing those rates. A Coinbase employee acknowledged that it’s a marketing tactic. A lending product unveiled by Coinbase that offers up to 10.8% returns on USDC deposits is receiving a temporary boost from DeFi lender Morpho.On X, Coinbase…
In brief IMX climbed nearly 17% Thursday and is up 50% over the past week, CoinGecko data shows. Ubisoft and NetMarble collaborations highlight Immutable’s push to bring crypto rewards into mainstream gaming. SEC approval of broader ETF listing standards has added to the upbeat sentiment across altcoins. Immutable (IMX) led gains among select altcoins on…
In brief Crypto exchange TradeOgre stopped working months ago. Canadian police said they shut down the exchange and seized $56 million CAD ($40.5 million USD) in crypto from the platform. The Royal Canadian Mounted Police said it was the country’s biggest crypto seizure. Canadian police have confiscated $56 million CAD ($40.5 million USD) in digital…
In brief Nvidia invested $5 billion in Intel and agreed to co-develop custom chips for PCs and data centers. Jensen Huang framed the deal as coupling Nvidia’s accelerated computing with Intel’s x86 platforms. The move followed reports that China banned local tech firms from buying Nvidia AI chips. Nvidia announced Thursday it would invest $5…
In brief Pixelverse is expanding beyond its successful Telegram tap-to-earn game, launching an arcade platform on Ethereum layer-2 network, Base. Its expansion is focused on delivering more Web3 mechanics to a receptive audience of crypto-native users. Its first game is Storychain, an AI agent-led game focusing on collaborative storytelling through social media. Pixelverse is moving…
In brief Digital asset custodian BDACS has launched KRW1, South Korea’s first fully regulated won-backed stablecoin, through a partnership with Woori Bank. Each token maintains full collateralization with Korean won held in Woori Bank escrow, according to BDACS. The launch comes amid competing parliamentary bills that debate interest payments and capital requirements for stablecoin issuers.…
