Blockchain
Nigeria Government Approves National Policy to Create 'Blockchain-Powered' Economy
Nigeria's government approved a national blockchain policy on Wednesday as part of the country's effort to transition to a digital economy. The policy announcement makes no mention of crypto, which the government cracked down on in 2021. "The Hash" panel discusses the outlook for Nigeria's blockchain-powered economy.
Nigeria Approves National Policy to Create 'Blockchain-Powered' Economy
The policy announcement makes no mention of crypto, which the government cracked down on in 2021.
Sui Mainnet Goes Live: What's Behind the Sui Token Surge and Excitement?
Sui, the buzzy layer 1 blockchain founded by ex-Meta Platforms employees, launched its mainnet on Wednesday as it jockeyed to edge out rival Facebook-offshoot Aptos and other DeFi heavyweights. Sui Network tokens (SUI) briefly jumped to $2 apiece minutes after trading began, reaching nearly $690 million in market cap to a fully diluted valuation (FDV) at a staggering $13 billion. "The Hash" panel discusses their outlook for the Sui ecosystem.
Number of Stablecoins Held on Exchanges Slips to 2-Year Low
While stablecoins' exchange balance has dropped by 44% this year, bitcoin's price has rallied by 70%.
Long-Term Bitcoin Holders Are Profitable for First Time in 11 Months, Blockchain Data Shows
Bitcoin's "long-term holder spent output profitability ratio" shows coins moved on-chain that have a lifespan of at least 155 days or higher are being sold for a profit.
Cross-Chain Bridge Stargate's Volume Soars as Airdrop Hunters Set Sights on LayerZero Token
Crypto traders are using the Stargate bridge in the hope that they will be eligible for a rumored LayerZero airdrop.
Circle Unveils New Method for Moving USDC Between Blockchains
The cross-chain transfer protocol seeks to improve liquidity of the major crypto payments rail.
Cata Labs Raises $4.2M to Develop 'Bridging' Software
The round was led by Spartan Group and included participation from Robot Ventures, Maven 11, Alchemy Ventures, HashKey Capital, Circle Ventures and Superscrypt.
Sui Network to Issue Token Following Exchange Sale; Airdrop Hunters Dismayed
The SUI token will be issued after the mainnet launch on May 3 after a token sale on Bybit, OKX and Kucoin.
Google Cloud to Help Web3 Builders Fast-Track Their Startups
The initiative will come with technical and monetary support for early-stage Web3 developers.
