Immutable zkEVM Powers New 5 Wave of Ethereum Games
Immutable launched a zkEVM testnet for major blockchain games to experiment with faster, cheaper Ethereum transactions before integrating the scaling solution.
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Brazilian Lawmakers Plan Tax Hike on Crypto Investments
Proposed tax changes in Brazil would require crypto investors to pay a 15% capital gains tax on profits over $7K, concerning the cryptocurrency community about impacts on innovation and investment.
Nigerian Bureau de Change Operators Call for Binance Ban
Chairman of the Association of Bureau de Change Operators, Aminu Gwadabe, urges the Nigerian government to ban the use of Binance due to its involvement in underground markets and the negative impact on the naira currency.
Coinbase Launches Crypto Platform in Canada
Coinbase has launched its cryptocurrency services in Canada, offering a free trial of its subscription platform Coinbase One, as the exchange seeks to expand amid legal troubles and financial struggles in the United States.
Zunami Protocol Hit With $2.1M Loss in Attack
In a major attack involving price manipulation, Zunami Protocol, a leading DeFi yield aggregation platform, suffered a loss of over $2.1 million, highlighting vulnerabilities in the DeFi sector and emphasizing the crucial importance of ongoing security reviews and robust security measures.
Nvidia Introduces AI Advancing Chip Amid Competition
Nvidia’s new chip, designed for generative AI and accelerated computing and offering enhanced memory and bandwidth capabilities, aims to meet the surging demand for AI applications while reducing costs for LLMS, with sampling starting before year-end and a full rollout scheduled for Q2 2024.
Elon Musk’s Dogecoin Tweet Sparks Speculation
Elon Musk’s cryptic tweet about Dogecoin fuels speculation and optimism in the cryptocurrency market, while the future of Dogecoin hinges on the decisions of a growing cohort of traders holding and investing in it.
Former US President’s NFT Project Earns $8.9M
Former US President Donald Trump has embraced cryptocurrencies and non-fungible tokens (NFTs) showcasing his willingness to explore the digital asset space for profitable opportunities.
Virtual Art with The Met & Roblox
Roblox and The Met collaborated to offer younger people a virtual art experience through an augmented-reality app called Replica. Users can unlock digital clothing and items by scanning artworks, introducing young art enthusiasts to The Met’s renowned collection.
Crypto Highlights: Bitcoin, Ethereum Rise As PayPal Launches Stablecoin
The SEC stalled progress on crypto regulation this week while the Federal Reserve hinted at a potential softening stance through new stablecoin guidance.