[ad_1] This is a segment from the Empire newsletter. To read full editions, subscribe. It’s been a busy week for VC raises, and some of the projects have caught heat around social media for being infra plays. Like Unto Labs, for example. “We definitely got bucketed into the whole ‘another L1, oh no’ [discourse]. We felt a little sad about that, but we’ll just have to prove it. Because, in some ways, it’s true,” cofounder Will Yoo told me. But both Yoo and cofounder Liam Heeger said they’re up to the challenge because they’ve both “done this before,” whereas other…
Author: NBTC
[ad_1] Fortnite maker Epic Games’ antitrust case against Apple benefited the crypto industry on Thursday, when the iPhone maker loosened restrictions on developers’ ability to offer apps in the U.S. that direct users to non-standard purchasing methods or digital collectibles. Apple updated its iOS App Store review guidelines after a U.S. District Judge found this week that the tech titan “willfully” violated a court injunction issued in 2021. Moving forward, the federal court prohibited Apple from collecting fees on purchases made outside of its iOS apps (currently 27%) or limiting developers’ ability to direct users to third-party websites. In an…
[ad_1] Prospects of winning a VIP dinner by TRUMP meme coin holders, and potentially meeting the US President Donald Trump, ignited a surge in TRUMP on-chain transfers to the tune of $2.5 billion, according to Kaiko, a blockchain research firm. This follows an announcement made on April 23, which detailed the plans for an exclusive dinner for the top 220 holders of the meme coin. Top 25 TRUMP holders promised more than just dinner According to the Kaiko report, part of the plans included a meet-and-greet session with the President for the top 25 holders. “On Wednesday, April 23, the…
[ad_1] A Texas congressman is asking the federal government to consider installing cryptocurrency ATMs in federal buildings as a way to help foster the pro-digital assets stance pushed by President Donald Trump. Representative Lance Gooden asked the chief of the General Services Administration — the agency that maintains the government’s buildings and real estate — to look into putting the automated teller machines into those facilities as a “signal to the public that the government is embracing innovation in a secure and responsible manner,” according to a Thursday letter reviewed by CoinDesk. “Expanding accessibility to crypto ATMs within federal buildings…
[ad_1] This is a segment from The Drop newsletter. To read full editions, subscribe. We now know what’s been hinted at for a while: MapleStory’s crypto spinoff, MapleStory N, is finally launching on May 15. On May 8, players in select countries will be able to pre-download the game. The new game will be a 2D, sidescrolling MMORPG like the original game. MapleStory N is part of MapleStory Universe (MSU), which also includes plans for a mobile game version for players plus MapleStory N SDK and Project ModN (a blockchain game sandbox) for developers. MapleStory N uses its own Avalanche…
[ad_1] Major crypto exchange Binance has announced its support for the upcoming IOTA network upgrade and hard fork, scheduled for May 5, 2025. In preparation for this network event, the exchange will temporarily suspend IOTA deposits and withdrawals on this date. According to an official announcement by Binance, starting at approximately 6:00 a.m. (UTC) on May 5, it will suspend deposits and withdrawals of tokens on the IOTA network to support the hard fork and ensure the best user experience. IOTA’s network upgrade is expected to occur on May 5 at 7:00 a.m. (UTC). Binance stated that the trading of…
[ad_1] Base, a Layer-2 (L2) blockchain developed by Coinbase, transitioned from a Stage 0 to Stage 1 rollup, effectively overtaking Arbitrum (ARB) as the largest Ethereum scaling solution. Stages refer to a framework for assessing the maturity of L2 rollups, based on milestones proposed by Ethereum co-founder Vitalik Buterin. Base Becomes Largest Ethereum L2, Arbitrum Follows Data on L2Beat shows Arbitrum One is no longer the largest optimistic rollup on Ethereum. L2Beat is an analytics and research website focused on Ethereum layer-2 scaling. After a $557 million surge in TVL (Total Value Locked), Base has overtaken Arbitrum L2, with a…
[ad_1] Widely followed crypto influencer “DustyBC” has shared the bold perspective that holding just XRP as an investment vehicle could be sufficient for one to “make it.” His view suggests that XRP as one’s sole crypto investment strategy could be enough to secure a substantial fortune someday. “XRP is Enough to Become Rich” The dream of attaining financial freedom is the aspiration of many, and the crypto market’s potential for dramatic appreciation keeps many focused on the industry. However, with over 14 million crypto assets to choose from, investors are often confused about which asset could be the next breakthrough…
[ad_1] The US President raised eyebrows once again after announcing that top holders of his TRUMP meme coin would have the chance to have an exclusive dinner with him or a VIP tour of the White House. The decision to use public office for private gain drew scrutiny over whether the President was committing Constitutional violations. In a conversation with BeInCrypto, former George W. Bush Ethics Lawyer Richard Painter explained that Trump did not violate the US Constitution but could be sued for fraud if he fails to fulfill his promises by the May deadline. Initial Announcement and Public Reaction…
[ad_1] Via an entirely new one-click migration solution developed by Enso, Stargate and LayerZero, 10 digits of liquidity will be deployed to a novel L1 blockchain backed by top-tier DEX Uniswap. The operation is poised to set a new standard for cross-chain liquidity movements, participants say. Enso, Stargate and LayerZero to facilitate $3.5 billion value migration to Unichain According to a joint official statement by Enso, Stargate and LayerZero, three innovative Web3 teams, they are ready to facilitate what is probably the largest liquidity migration in the history of crypto. A total of $3.5 billion in equivalent will migrate from…