Southeast Asian super app Grab is currently piloting the “Gas Station” to cover gas fees for its Singaporean users if they use NFT vouchers.
Polygon Proposes Council for ‘Decentralized Governance,’ Names 13 Members
The project named 13 “inaugural members” to the council, including officials from Coinbase and the Ethereum Foundation.
Elon Musk’s Plan to Charge New X Users $1 May Not Deter Crypto Bots
Crypto watchers say solving the bot problem extends beyond just charging users for the X service.
Cracks Appear as Ethereum Staking Demand Wanes
Earlier this year, Ethereum staking was popular, particularly with Lido Finance’s rise to prominence in the DeFi space, but it is now facing challenges, suspicions, and resentment.
Lightning Labs Rolls Out ‘Taproot Assets,’ to Make Bitcoin ‘Multi-Asset’ Network
Taproot Assets will give developers “the tools needed to make Bitcoin a multi-asset network, but in a scalable manner,” according to Lightning Labs.
Stellar, Early Blockchain Built for Payments, Adds Smart Contracts to Take on Ethereum
The nine-year-old project, one of the earliest major blockchains, is getting a facelift to incorporate “smart contracts,” that theoretically could attract new applications and users – and potentially more demand for the XLM token.
Floki Developers Propose Staking and Utility Token Plans
The move could help amp up investor interest in FLOKI tokens, which form part of the Floki DAO ecosystem.
UK to target potential AI threats at planned November summit
The summit scheduled for Nov. 1–2 will place significant emphasis on the potential existential threat that AI represents, a concern shared by several legislators.
Scroll Confirms Mainnet Live, as Co-Founder Predicts Speed Gains Over Ethereum
Blockchain data showed that Scroll’s smart contract was deployed on Oct. 8, but the team held off making its official announcement until this week.
Bitcoin Magazine Owner Backs First Ordinals Fund, Which Bought $85K Rock
The “Unbroken Chain” fund, as it is known, plans to raise $5 million from its limited partners and will trade in various Ordinals types, including BRC-20 tokens – sometimes positioned as NFTs on Bitcoin.
Lido Finance Sunsets Solana Staking Product After DAO Vote
The staking service for SOL tokens will be discontinued over the coming months, developers said.
Manta’s Layer-2 Blockchain Already Plans to Ditch OP Stack for Polygon
The network, which just went live a couple weeks ago as a so-called optimistic rollup – the core underpinning of OP Stack – will now become a “ZK-rollup,” which is what Polygon’s software kit provides.
Protocol Village: ARPA Network’s Random Number Generator ‘Randcast’ Live on Optimism
The latest in blockchain tech upgrades, funding announcements and deals. For the week of Oct. 16-22, with live updates throughout.
FTX Bankruptcy Estate Stakes $150M SOL and ETH as Sam Bankman-Fried’s Trial Continues
Addresses tied to the bankrupt crypto exchange controlled by a creditors’ group have apparently staked the tokens to earn yield, blockchain data suggests.
Nigerian gov supports AI initiatives with $289,980 in grants
The recently introduced Nigeria Artificial Intelligence Research Scheme is designed to facilitate the widespread utilization of Artificial Intelligence to drive economic advancement.
Stablecoin Lender Liquity’s Token Gains 80% in Month as Activity Increases
THORSwap, Used by FTX Exploiter, Resumes Trading After Updating Terms to Exclude U.S.-Sanctioned Countries
THORSwap, the exchange that paused its platform last Friday following a series of trades related to the FTX hack, resumed its services on Friday with updated terms and conditions relating to users in sanctioned countries.
CertiK, Blockchain Code Auditor, Makes ‘Strategic Workforce Adjustment’ of 15%
Just last year, the company raised nearly $150 million of fresh capital. Now, as crypto winter drags on, it is cutting jobs, citing “evolving market dynamics.”
China sets stricter rules for training generative AI models
The draft regulations emphasize that data subject to censorship on the Chinese internet should not serve as training material for these models.
Biden considers tightening AI chip controls to China via third parties
The additional restrictions being considered by the Biden administration would try to target ways Chinese developers could access U.S.-made AI semiconductor chips.