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The launch of a nonfungible token protocol on the Bitcoin mainnet

The launch of a nonfungible token protocol on the Bitcoin mainnet

On Jan. 21, Bitcoin introduced "Ordinals," an NFT-like programme. However, meme-inspired JPEGs are filling Bitcoin blockspace.

Arbitrum Foundation Proposes Control of $1 Billion in ARB Tokens

Arbitrum Foundation Proposes Control of $1 Billion in ARB Tokens

The proposed "special grants" program on the Arbitrum blockchain, which would allocate 750 million ARB tokens worth nearly $1 billion to the centralized Arbitrum Foundation without input from token holders, has caused community concerns.

Chainflip Announces Community Sale on CoinList, Scheduled for August 31, 2023

Chainflip Announces Community Sale on CoinList, Scheduled for August 31, 2023

Chainflip, a decentralized and trustless protocol that enables seamless value transfer between various blockchains, has announced its Community Sale on CoinList. The sale is set to begin on August 31, 2023, at 17:00 UTC.

dYdX Utilizes $9M Insurance Fund Following Alleged Targeted Attack on YFI

dYdX Utilizes $9M Insurance Fund Following Alleged Targeted Attack on YFI

dYdX deployed $9 million from v3 insurance fund to cover YFI market liquidations, suspecting targeted attack and market manipulation. No user funds affected, insurance fund remains at $13.5 million.

The United Kingdom Tax Reform Council Launches Campaign Against Bank of England

The United Kingdom Tax Reform Council Launches Campaign Against Bank of England

UK Tax Reform Council and Bitcoin community worry over Bank of England's CBDC intentions.

Brazil and Argentina explore a common currency

Brazil and Argentina explore a common currency

Coinbase CEO Brian Armstrong promotes Bitcoin for Brazil and Argentina. A alternative currency to the Argentine peso and Brazilian real is being prepared by the two South American nations. BTC might become the second-largest currency bloc after the US dollar.

Uniswap Foundation Seeks $62.37M in Second Funding Tranche

Uniswap Foundation Seeks $62.37M in Second Funding Tranche

The Uniswap Foundation has requested a second tranche of $62.37M in funding to continue its ecosystem development efforts. While the proposal outlines a comprehensive financial plan and future initiatives, some community members have raised concerns about the size of the funding request.

Billionaire Ray Dalio believes that fiat is in jeopardy

Billionaire Ray Dalio believes that fiat is in jeopardy

A Bitcoin admirer said the billionaire is close to "really understanding Bitcoin."

Reactions to Genesis Global Trading's Bankruptcy

Reactions to Genesis Global Trading's Bankruptcy

New York crypto lender Genesis Global Trading filed for bankruptcy. Social media users weighed in. Some think bankruptcy attorneys will prosper and no one will be held responsible. Crypto lending was called "dumb" by others.

MicroStrategy Bitcoin Buying Splits The Crypto Community

MicroStrategy Bitcoin Buying Splits The Crypto Community

MicroStrategy, a business that specializes in software analytics, has just increased the amount of Bitcoin it holds. Following the transaction, the company now has a total ownership of 132,500 BTC, which were acquired for a sum of $4.03 billion. Some people believe that this new move may have the ability to cause a new minimum price for the leading digital asset. Others say that increasing one's Bitcoin holdings exposes one to the danger of centralization.

Arbitrum Community Seeks Return of 700 Million ARB Tokens

Arbitrum Community Seeks Return of 700 Million ARB Tokens

The Arbitrum community has proposed the return of 700 million ARB tokens to its DAO Treasury after the Arbitrum Foundation transferred the funds without community approval. The proposal requires the foundation to return the tokens before proceeding with its budget plan, and voting ends on April 14.

Yuga Labs Sets Up BAYC Community Council to Boost Innovations

Yuga Labs Sets Up BAYC Community Council to Boost Innovations

The council brings together seven long-standing community members that have a proven track record of supporting the collection.

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