AI
Analysis
Tencent adds to its host of Web3 offerings
Tencent Cloud announces Memorandums of Understanding with Web3 blockchain partners Ankr, Avalanche, Scroll, and Sui.
Scams
Tokens fraudulently using the name ChatGPT are scamming investors out of money
Leveraging viral interest in OpenAI's ChatGPT, scammers are introducing tokens via honeypot scams designed to fool investors.
NFTs
Friendsies NFT collection rug pulls, deactivates Twitter
Approximately $5 million was raised from the initial sale of the NFTs in 2022, prompted by many of the industry's biggest influencers
Adoption
Former Binance executive aims to raise $100M to start crypto adoption focused VC
Bill Qian told Bloomberg he hopes Cypher Capital will focus on nurturing crypto startups across web3 and internet of things.
NFTs
NFTs jump to 27% of ETH gas usage led by Blur marketplace
The news comes as Blur and OpenSea continue to duke it out over supremacy in the NFT space, with Blur also overtaking OpenSea in volume.
Adoption
Helium announces migration date to Solana, 1M hotspots worldwide
Helium sets a date of Mar. 27 for migration to the Solana blockchain — token prices of both surge on the news.
Technology
Distributed EOA accounts coming to EVM chains
Intu will release the beta version of its new decentralized protocol at ETHDenver, which takes place from Feb 24. - Mar. 5.
Ordinals
Someone forked Bitcoin ordinals NFTs onto Litecoin network
A developer has forked the Bitcoin protocol to create Litecoin and has used it to mint the first-ever Litecoin ordinal NFT.
Regulation
EU seeks to expedite crypto capital laws
The European Union's pending banking law proposes a slew of tough new capital rules for banks holding crypto assets.
DAOs
TechOps Core Unit takes over management of MakerDAO Github
The change will support MakerDAO's infrastructure layer, enabling a secure, reliable, and transparent software ecosystem.
Academia
Over 52.6% of Bitcoin mining now powered by sustainable energy
New research indicates that Bitcoin mining is more sustainable than previously thought, according to analyst Daniel Batten.
Exchanges
Binance takes over 98% of all Bitcoin spot trading volume
Spot trading of Bitcoin on Binance has grown 5% since Jan. 2023, adding to the centralized exchange's dominance.