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A recent art expo showcased the innovative use of NFT technology to preserve and digitally enhance traditional artworks, merging cultural heritage with modern tech solutions.
In a remarkable achievement, bitSmiley's Alphanet V1 skyrocketed to over $24 million in TVL within just 24 hours of its launch with over 6 million bitUSD stablecoins minted through over-collateralization. bitSmiley stands as a pioneering initiative, introducing stablecoins by over-collateralizing Bitcoin.
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Vitalik Buterin, co-founder of Ethereum, stated on social media that PoW is also quite centralized. It just hasn't been discussed too much because everyone knows it's just a temporary stage before transitioning to PoS. This doesn't even involve how to potentially avoid ASICs, simply because the upcoming PoS transition means there's no incentive to build them.
According to court documents submitted by the Southern District of New York, William Morro, a person involved in OneCoin, has been arrested. Prosecutors said Morro lied to banks about the source of funds to conceal the source of funds related to OneCoin. He was involved in transferring $35 million related to OneCoin to an account in Hong Kong and about $6 million to an account in the United States.
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