The market cap has increased by 20% this year mainly on account of aggressive issuance on Ethereum's rival, Tron.
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Sotheby's Relaunches Glitch Digital Art Sale After Representation Backlash
The "Glitch: Beyond Binary" art sale is a reboot of last month's "Glitch-ism" auction and features a more diverse roster of artists.
Bitcoin, Ether Momentum Traveling Divergent Paths
Ether's price spike this week may be foreshadowing a continuation of this trend.
Do Kwon's Millions Are Not in South Korea, Prosecutors Say: Report
South Korea has requested the extradition of the Terraform Labs CEO after his recent arrest in Montenegro.
AI Will 'Accelerate' the Metaverse, Empower Creators: The Sandbox Co-Founder
Sebastien Borget says artificial intelligence will bring a greater volume of original content to metaverse platforms.
Ethereum's Shanghai Upgrade Will Help Layer 2 Networks, Crypto Investor Says
Max Williams, chief operating officer at Runa Digital Assets, noted the upgrade will allow developers to focus on improving users' experience.
Payments Firm Nuvei’s Ties With FTX Questioned in Spruce Point Capital Report
Nuvei's shares fell by as much as 6% in premarket trading after Spruce Point warned of a 50% downside, but rebounded into positive territory mid-morning.
Crypto Exchange Bitget Starts $100M Asia-Focused Web3 Fund
The firm started its fund as more crypto projects seek non-U.S. jurisdictions.
Multicoin Leads $4M Strategic Round for Web3 Co-Ownership Platform Lore
The platform, now in public beta, allows groups of people to share non-fungible tokens (NFT) for expanded access and utility.
Avalanche’s New Subnet to Offer Blockchain Customization for Financial Institutions
The protocol said the subnet will be a suite of institutional blockchain deployments and tooling specifically designed for financial services.