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Nike-Owned NFT Project RTFKT to Shut Down Operations in Early 2025

RTFKT, the creators of non-fungible token (NFT) sneakers and avatars acquired by Nike in 2021, has announced its closure. The firm revealed in a December 2 post on X that it will wind down operations by January 2025. Final Collection and Legacy Tribute “Today, we’re announcing the plan to wind down RTFKT operations,” the post stated. “Looking back, we’re incredibly proud of everything we’ve achieved together.” RTFKT also outlined plans to release a final collection in...

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Ethereum Dev Sees Coinbase Account ‘Nuked’ After Attempting USDC Transfer

“Coinbase just locked my account after trying to send $25,000 USDC,” reported Ethereum developer Eric Connor on Dec. 3. “Wasn’t Brian Armstrong just talking about debanking? Very cool!” he quipped. He added that the notification was “completely useless” as both paths to unlock the account required him to sign in, which he couldn’t do. “Service agent on the phone also completely useless,” he added. Coinbase just locked my account after trying to send $25k USDC Wasn’t...

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Important Shiba Inu (SHIB) Announcement

Shiba Inu’s blockchain underwent a considerable upgrade today. The Heimdall and Bor hard forks are live. They aim to improve performance and stability and include an upgradeable burn contract. The Heimdall Hard Fork According to the official documentation, the latest version of the Heimdall upgrade, namely v1.07-bone has been released for the Shibarium blockchain. Amid the numerous features of the upgrade are: Documentation enhancements Improvements to code validation...

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Perennial Unveils a Novel Intent Layer for Perpetuals – Solving DeFi’s Fragmented Liquidity Problem

[PRESS RELEASE – New York, United States, December 3rd, 2024] Perennial announced the launch of Perennial Intents, a unique intents layer for perpetual futures, designed to unify DeFi’s fragmented liquidity landscape and deliver a centralized exchange trading experience on-chain. By sourcing liquidity from on-chain and off-chain venues, Perennial Intents is delivering deeper markets, better prices, and a unified trading experience designed to move DeFi forward. Tackling...

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Coinbase’s Brian Armstrong Calls for Boycott of Legal Firms Employing Ex-SEC Officials

Coinbase CEO Brian Armstrong announced a bold stance against law firms hiring individuals associated with what he views as ethically questionable actions during the SEC’s “soon-to-be prior administration.” Armstrong revealed that the crypto exchange has already informed its legal partners that employing such individuals would result in the termination of their professional relationship with the company. Coinbase Cuts Ties with Milbank In a post on X, Armstrong revealed that...

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Namada Launches Mainnet, Introducing Shielded Cross-Chain Transactions

[PRESS RELEASE – Zug, Switzerland, December 3rd, 2024] Namada, the shielded asset hub enabling shielded cross-chain transactions, has officially published its genesis block, marking the launch of its mainnet. Along with the commencement of staking and governance, this marks the start of the first phase of Namada’s five stage decentralized mainnet rollout. This marks an important step forward, offering comprehensive data protection and selective disclosure across the...

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Bitcoin Flash Crash to $61K on Upbit as South Korea Declares Martial Law

Bitcoin’s price experienced what many in the industry refer to as a “flash crash” on the largest cryptocurrency exchange in South Korea—Upbit. It dropped to a low of around $61,500 (its equivalent in Korean Won) and immediately recovered. Source: TradingViewAs you can see in the 1-minute chart above, the whole fiasco took less than 15 minutes, during which time Bitcoin’s price crashed to 88,260,000 KRW. This represented a decrease of around 30%, realized in less than a few...

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Microsoft-Aktionäre entscheiden: Soll Bitcoin in die Bilanz aufgenommen werden?

Am 11. September 2024 steht eine bedeutende Entscheidung bevor: Die Aktionäre von Microsoft werden darüber abstimmen, ob der Konzern Bitcoin in seine Bilanz aufnehmen soll. Diese Abstimmung könnte nicht nur die Finanzlandschaft von Microsoft nachhaltig verändern, sondern auch weitreichende Auswirkungen auf die gesamte Unternehmenswelt und die Akzeptanz von Kryptowährungen als integraler Bestandteil traditioneller Finanzsysteme haben. Der Hintergrund: Microsoft und die Kryptowelt Microsoft hat...

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Quantencomputer-Aktien: Das nächste große Ding nach Bitcoin?

Die Technologie-Welt wird derzeit von einer disruptiven Innovation erschüttert: Quantencomputer. Während Bitcoin und andere Kryptowährungen die Finanzwelt revolutioniert haben, scheint die Entwicklung von Quantencomputern eine ähnliche Umwälzung in der Technologiebranche hervorzurufen. Doch können die Aktien von Unternehmen, die Quantencomputer entwickeln, tatsächlich als das „neue Bitcoin“ bezeichnet werden? Der Hype um Quantencomputer Quantencomputer nutzen die Gesetze der Quantenmechanik,...

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Solana 2024: Jetzt noch ein lohnenswerter Investment?

Die Kryptowährung Solana hat in den letzten Jahren eine bemerkenswerte Entwicklung durchlaufen. Bekannt für ihre hohe Geschwindigkeit und geringen Transaktionskosten, hat Solana eine treue Community und zahlreiche Partnerschaften aufgebaut. Doch nach einer Reihe von Marktschwankungen und technischen Herausforderungen stellt sich die Frage: Lohnt es sich, jetzt noch in Solana zu investieren? Solana: Ein kurzer Überblick Solana wurde 2020 von Anatoly Yakovenko ins Leben gerufen und zeichnete...

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