Veteran Hollywood filmmakers Ben Rosenblatt and Micho Rutare launch $FLIX, a novel crypto-token, in order to reinvent how independent films are financed, produced, and distributed. Their company American Meme will leverage $FLIX to raise capital for a slate of indie films that appeal to both film and crypto enthusiasts. A fee on each transaction goes directly to a “film wallet,” […]

The US Department of Justice has filed charges against a former product manager at leading NFT marketplace OpenSea for wire fraud and money laundering in what the DoJ called the “first-ever digital asset insider trading scheme.” The DoJ alleges that the former executive broke the trust of the NFT marketplace by illegally profiting from confidential information. According to the press […]

This short-term decline in investments can be correlated to the recent market correction, which made Bitcoin (BTC) and other major cryptocurrencies lose 50% or more of their value. According to new data released by Dove Metrics, total venture capital investment in crypto declined 38.2% over the past month, from $6.8 billion in April to $4.7 billion in May, while surging […]

Automated market maker and decentralized finance (DeFi) protocol Balancer has officially deployed on Optimism, the highly touted Ethereum layer-2 scaling solution, in a move designed to enhance user functionality by increasing scalability and reducing fees.  Balancer’s Optimism deployment was carried out in conjunction with Beethoven X, a decentralized investment platform on the Fantom Network that forked from Balancer v2. Together, […]

Timothy Ursich, a California Senate candidate, promises to make the popular meme coin Dogecoin legal tender in the state, even though the odds are stacked against him. Ursich Jr. Intends To Introduce Dogecoin As Legal Tender In California Just a couple of years ago, it would have seemed absurd if a country like El Salvador embraced crypto. The technology is […]

Seoul, South Korea, 2nd June, 2022, Chainwire After years of collaboration, FactBlock, Hashed, ROK Capital and MarketAcross partner to bring back the biggest crypto event in Asia  MarketAcross, the world’s leading blockchain PR & marketing firm, has been appointed the official global media partner for the Korea Blockchain Week (KBW), Asia’s flagship blockchain event. The partnership will see MarketAcross manage the pre- […]

The rising star of 2022 – Caduceus Metaverse Protocol is the project you’ve been waiting for  2022 is undoubtedly the year that the Metaverse broke through to the mainstream, with a growing interest in public blockchains, and competition between projects and applications big and small becoming increasingly fierce.  Inevitably some public chains lost in popularity, while others gained widespread market […]

Solana investors are nursing double-digit losses today following yet another period of downtime. The blockchain went offline at around 16:55 UTC on Wednesday after a bug prevented block production. Solana Suffers Four-Hour Outage Solana is not having a great year having suffered its seventh outage in 2022. On Twitter, Solana co-founder Anatoly Yakovenko and other developers attributed the outage on […]