Maker, one of the pioneering DeFi lending platforms on Ethereum, has recently undergone a rebranding to “Sky” alongside significant upgrades to its decentralized stablecoin ecosystem. This rebranding includes renaming its stablecoin from DAI to USDS and its governance token from MKR to SKY. Additionally, users can now access the upgraded SKY token by supplying USDS
Innovation
Sony Blockchain Solutions Labs, in collaboration with Startale Labs, recently unveiled plans to create Soneium, a blockchain platform that aims to bridge the gap between Web3 and Web2 technologies. The primary goal of Soneium is to enhance accessibility to blockchain technology while offering solutions that are scalable, efficient, and capable of addressing real-world challenges. Soneium
France has seen a significant increase in crypto businesses establishing their European headquarters in the country over the past decade. This rise can be attributed to favorable tax rates, a talented pool of individuals from across Europe, and a strong culture of innovation in the Web3 space. Additionally, France was quick to adopt clear regulations
Meta’s recent decision to cancel its next-generation mixed-reality headset has sent shockwaves through the tech community. The move, which CEO Mark Zuckerberg and other top executives deemed necessary after a product review meeting, reflects a broader shift in the company’s strategic priorities. Instead of going head-to-head with high-end hardware competitors like Apple’s Vision Pro, Meta
As the cryptocurrency market grapples with uncertain price movements and lack of clear direction, the Ethereum (ETH) network is on the brink of a major transformation with the upcoming Pectra upgrade scheduled for the first quarter of 2025. This upgrade has garnered significant attention from bullish analysts who believe it could be the driving force
Shibarium, a layer-2 blockchain solution developed on the Ethereum network, has made significant strides in the past year. The platform, dedicated to supporting the growth of the Shiba Inu ecosystem, has implemented various upgrades and enhancements to improve network performance and scalability. Since its inception, Shibarium has processed over 418 million transactions, reaching a significant
The European Union’s regulatory structure is viewed as a hindrance to artificial intelligence (AI) innovation by Meta CEO Mark Zuckerberg and Spotify CEO Danie Ek. They highlight the fragmented nature of the EU’s AI regulatory framework, which they believe is impeding the progress of businesses in the region. According to them, the lack of clear
Recent reports from Coinbase suggest that young, pro-crypto voters could play a significant role in determining the outcome of the 2024 US presidential elections. With Gen Z and Millennials now representing 40% of the electorate, their increasing support for candidates who advocate for crypto and financial innovation is becoming more apparent. The dissatisfaction with the
Aethir and Return Entertainment have come together to offer a new and innovative cloud-based gaming experience right in your living room. Bringing together Aethir’s enterprise-grade GPU services and Return Entertainment’s streaming platform, this partnership aims to provide cinematic scalable gaming adventures on TVs. This collaboration is not just limited to gamers but also benefits streaming
Bright Star Studios, the creators of the highly anticipated MMORPG Ember Sword, recently made waves in the gaming community by announcing their transition from Immutable X to the Mantle Network. This bold move aims to revolutionize the gaming experience by leveraging Mantle’s cutting-edge technology. But what does this switch mean for the game, its players,