A new product named Ether․fi Cash is designed as an alternative to the often complex and costly off-ramp process of converting cryptocurrency to fiat money. The developers hope that this innovation will allow cryptocurrency holders to operate entirely within the blockchain ecosystem.
Neel Somani, CEO and founder of the L2 blockchain Eclipse, has temporarily reduced his public involvement in the project amidst numerous allegations of sexual harassment. He believes this step will help protect the project's reputation and minimize damage to other members of the ecosystem.
Mastercard, in collaboration with banking giants CITI and JPMorgan, is currently testing a blockchain-based settlement system.
The Ethereum Name Service (ENS) has filed a petition with the U.S. Patent and Trademark Office (USPTO) to challenge the validity of a patent held by the competing blockchain domain name project, Unstoppable Domains (UD).
Denelle Dixon, CEO of the Stellar Development Foundation, argues that the key to broad adoption of blockchain protocols is to facilitate easy transfers between traditional finances and digital assets.
Two brothers have been arrested for conducting an MEV exploit, illegally netting around $25 million in cryptocurrency.
A new Web3 mini-game, Pocket Rocket, has launched on the Whitechain blockchain. This space-themed strategy clicker game invites players to compete for valuable crystals and positions on the global leaderboard.
The blockchain gambling project ZKasino has transferred 10,515 ETH ($33 million) of user funds to the Lido staking protocol, despite initially promising to return them to their owners.
During his keynote at the Token2049 conference, Pavel Durov, founder of Telegram, unveiled various blockchain integrations within the messaging app, including built-in NFTs and a new profit-sharing strategy for content creators.
