Everything web3, crypto, defi, degen
In brief The Crypto Gaming Recovery Fund has been set up to offer players of shuttered crypto games assets for Splinterlands. A total of $500,000 worth of tokens and in-game assets are available, spread out over seven years. The Splinterlands team hopes to welcome additional contributors to offer up game assets to affected players. Blockchain…
In brief Twerk from Home is kick-starting a weekly twerk-off competition that will finish on October 4 with a $10,000 grand final. Joe Mahavuthivanij, the co-founder and CEO of the organization, claims he wants to professionalize and legitimatize the sport of exotic dancing, just like the UFC did for mixed martial arts. Dancers have the…
In brief Gemini debuts on Nasdaq with $4.4B valuation, shares up 22.6% amid regulatory drama with CFTC nominee. Figure launches public trading at $5.3B valuation as crypto lending meets capital markets. Tokenization gains momentum with BlackRock eyeing ETF tokenization and Nasdaq proposing tokenized stock trading. Public Keys is a weekly roundup from Decrypt that tracks…
In brief A livestreaming duo made $49,000 on Thursday after gym influencer Bradley Martyn slapped one of the creators for attempting to steal his hat. It was being livestreamed on Pump.fun under the pair’s token, which pumped in price by more than 2,000% in response. The Solana meme coin project is led by two unnamed…
In brief Gemini started trading on the Nasdaq at an approximately $4.4 billion valuation. The firm’s share price opened at $37.01, rising from the $28 offering price. Crypto lender Figure also registered a post-IPO pop on Thursday. Gemini debuted on the Nasdaq at a roughly $4.4 billion valuation on Friday, as the crypto exchange’s shares…
In brief Allied Gaming & Entertainment has started investing into Bitcoin and Ethereum for its treasury. The publicly traded firm’s stock price briefly doubled on Friday following the announcement. Many companies have started amassing crypto, following the model pioneered by Bitcoin giant Strategy. Allied Gaming & Entertainment, a Nasdaq-listed esports and gaming company, announced that…
In brief Four years ago, El Salvador made Bitcoin legal tender in the country. The country has been in the spotlight since then as its Bitcoin-loving president becomes a larger player on the world stage. President Bukele claims he still buys Bitcoin for the country—but the IMF says otherwise. Bitcoin advocates around the world are…
In brief Figure shares closed 24% above their IPO price at $31.11 on Thursday. The company uses a blockchain-based platform to facilitate loans. Analysts foresee the IPO advancing tokenization narratives in the mainstream. Figure Technologies shares closed above its initial offering price on Thursday, the latest indication of investors’ interest in crypto-native firms on Wall…
In brief Crypto traders bought and sold a handful of Charlie Kirk meme coins after the conservative influencer was assassinated on Wednesday, generating millions. The token creators and top five traders collectively profited more than $2 million, prompting meme coin traders to question whether an ethical line had been crossed. Some believe profiting off death…
In brief Downloads of Jack Dorsey’s decentralized messaging app Bitchat have surged in Nepal and Indonesia amid national protests. Nepal’s ban on multiple social media platforms drove mass adoption of the decentralized, offline chat app, with downloads surging from 3,300 last week to over 48,000 on Monday. Decentralized apps like Bitchat offer a measure of…
