Gabriel Shipton explains how a DAO set up to raise funds for the WikiLeaks founder is helping support his legal defense.
The post Julian Assange’s brother: AssangeDAO helps Wikileaks founder take legal fight to US appeared first on The Block.
Quick Take
- As blockchains see increased adoption, there are more and more unique requirements from applications
- General-purpose blockchains have great utility but they often face trade-offs when it comes to optimizing for a specific application
- Application-specific blockchains can circumvent this by allowing the deployers to have greater control over what a specific blockchain optimizes for
- Numerous solutions have sprung up to target this problem, for example, Polkadot and Kusama parachains, Avalanche subnets, and now, Cosmos’ Sagan
- While these solutions typically trade-off decentralization for customizability, the interest in them indicates that they are likely to be integral for the future of blockchains
Quick Take
- StepN is a Solana-based move-to-earn (M2E) project that gamifies running activities and allows users to earn in-game currency simply by moving. It holds a 92% market share in fully diluted valuations for all M2E projects.
- Unlike other play-to-earn games, StepN has a relatively higher app stickiness because its core product revolves around running, which is a perpetual activity.
- As we dug deeper into its tokenomics design, we discovered a concern about the sustainability of its in-game currencies, GMT and GST.
In a Series A round led by a16z, startup Spruce raised $34 million.
The post Decentralized identity startup Spruce raises $34 million in funding round led by a16z appeared first on The Block.
This is the first time that the Treasury has targeting crypto mining operations for sanctions.
The post US Treasury sanctions Russian crypto miners, its first sanction on mining appeared first on The Block.
Quick Take
- Punk 4156 had dreams of commercializing his CryptoPunk. Then copyright restrictions got in the way.
- NounsDAO, the project that Punk 4156 started instead, is aimed at freeing NFT owners from the restrictive copyright rules imposed by the creators of CryptoPunks.
Gnosis Chain’s security has been upgraded in light of last month’s attacks on applications built on top of it.
The post Gnosis Chain makes key upgrade to prevent potential security attacks appeared first on The Block.
In this episode of The Scoop, Founder and CEO of Gauntlet Network Tarun Chitra, describes his company’s rise to unicorn status, and explains how a project in DeFi can be successful.
The post Gauntlet’s Tarun Chitra explains the keys to building a successful DeFi project appeared first on The Block.
The crypto exchange’s long-awaited NFT marketplace has launched in beta form for select customers on its waitlist.
The post Coinbase NFT marketplace goes live in beta for select customers appeared first on The Block.
Connext has unveiled a native token — called NEXT — as it plans to convert into a decentralized autonomous organization.
The post Blockchain interoperability protocol Connext unveils token, plans airdrop appeared first on The Block.
