
Forget Web3, Dorsey’s TBD Says. Web5 Is the Future Now
Key Takeaways Jack Dorsey’s TBD has announced that it will build a decentralized web platform on top of Bitcoin called Web5. Whereas Ethereum and Web3 have focused on tokenization, Web5 will largely focus on identity management. Dorsey said he believes that Web5 will be his team’s most significant contribution to the Internet. Jack Dorsey’s TBD…

Australian Blockchain Company Immutable X Cuts Staff Amid Crypto Crunch
Melbourne-based Australian crypto gaming startup Immutable has this week laid off at least 20 staff, many of them core members of its NFT trading card game, Gods Unchained. News of the redundancies hit social media when one of the game’s original developers, James Wakeham, tweeted he’d been tapped on the shoulder and was now looking…

NFT Project Spotlight: fxhash, the Tezos-Based Generative Art Platform
Key Takeaways fxhash is a generative art platform that lets anyone upload their code and mint the outputs as Tezos NFTs. The project focuses on making generative art more accessible for both creators and collectors. The success of fxhash and other generative art platforms such as Art Blocks signals the growing interest in generative art…

Solana in Pole Position to Challenge Ethereum NFT Dominance, Report
Data from crypto platform Messari reveals that Solana (SOL) could become the biggest challenger to Ethereum’s NFT market dominance. In a recent report by James Trautman from Messari, Solana’s network activity declined heavily in the second quarter of this year. However, daily activity has accelerated with over 7 million newly minted NFTs, a growth rate…

Coinbase secures Crypto Asset Service Provider approval in Italy
Coinbase secures Crypto Asset Service Provider approval in Italy 🇮🇹Tl;Dr: By meeting the regulatory requirements, Coinbase will continue to offer crypto services in Italy, and has a clear path to bring new products and features to market in the country.By Nana Murugesan, Vice President, International and Business DevelopmentAs discussed in our recent blog post, Coinbase…