Technology
Cryptocurrency
Social App Friend.tech Generates Over $1.4M in Fees in 24h
  • Although it was launched in beta on 10 August, the platform has already entered the list of top three fee generating crypto projects by earning $1.42 million in 24 hours.
  • Friend.tech is a social app integrated with X (formerly Twitter) that allows users to sell and buy tokenized shares of their social network, gaining access to exclusive content and private chat rooms.
August 21, 2023, 10:18 AM
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Ledger Delays Launch of Recover Feature, to Open-Source Code
  • Ledger faced backlash from the crypto community last week after announcing its Ledger Recover service, which will allow users to restore their private keys.
  • The company has now said that it will delay the launch of Recover until it has open-sourced some core components of its OS and Recover codebase.
May 24, 2023, 10:07 AM
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Worldcoin Launches Gas-Free Crypto Wallet
  • The so called “World App” crypto wallet will make use of the project’s “World ID” system to effectively distinguishes between humans and AI.
  • While everyone will be able to use the new wallet, only verified “World ID” holders will enjoy gas-free transactions within the Worldcoin ecosystem.
May 8, 2023, 2:41 PM
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Visa Proposes Solution to Enable Auto-Payments From Self-Custodial Wallets
  • The payments giant has proposed the creation of new self-custodial wallets, called “delegable accounts”, using the “account abstraction” (AA) method.
  • As Ethereum does not yet support AA, Visa implemented its new wallet type on layer 2 scaling solution StarkNet, and successfully enabled automated recurring payments.
December 20, 2022, 11:58 AM
visa sign

Close up of VISA sign at global headquarters in Silicon Valley, Foster City, CA, 24 August 2019. Sundry Photography/Shutterstock

Oct 10, 2022
FTX to Launch New Version in November
  • The exchange is planning to roll out a number of improvements to its order-matching engine over the next month, and officially launch FTX: V2 on 21 November.
  • Once live, the new version is expected to support “at least” double the original order throughput, while at the same time halving order latency.

Sam Bankman-Fried, former CEO of FTX, speaking at the Binance Blockchain Week, Singapore, 19 January, 2019. Binance

Feb 23, 2022
Layer-2 Solution StarkNet Ready for DApp Deployment
  • Launched back in November with limited functionality, StarkNet is a permissionless version of StarkWare’s StarkEx platform, which supports DeversiFi, Immutable, and dYdX.
  • The StarkNet team is planning to decentralize the project sometime in the second half of 2022, and hand over StarkNet’s governance to its community.
Aug 5, 2021
Ethereum’s London Upgrade Now Live
  • The London upgrade brought with it EIP-1559, which will decrease the ETH circulating supply by burning transactions base fee.
  • While mining pool operators claim EIP-1559 will unfairly cut into their profits, proponents of the change argue it will help ETH transition to a deflationary asset.
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