Moonhub

2023-02-26 20:21:35 Cardano's NFT project, Clay Nation, has announced its integration with The Sandbox Game, becoming the first Cardano project to do so. The collaboration aims to promote Web3 interoperability, and the experience will be created with the help of Smobler Studios. Clay Nation has gained popularity through its collaborations, including the recent release of a music video featuring Snoop Dogg and Champ Medici, with Cardano creator Charles Hoskinson making an appearance. More details on the integration with The Sandbox are expected soon. Open / Comment

2023-02-24 01:56:29 Layer 2 developer Eclipse is set to launch Polygon SVM, a blockchain that will be compatible with Solana and built for the Polygon network. The blockchain aims to allow Solana developers to migrate their apps to Polygon without having to rebuild code for the Ethereum Virtual Machine. Polygon SVM uses the SeaLevel Virtual Machine and Rust-based Solana apps can be transferred and run on the Polygon network. The testnet is expected to launch in Q1 2023, with the mainnet following in Q2. Eclipse raised $15m in a pre-seed funding round in September and is a portfolio company of Polygon Ventures. Open / Comment

2023-02-23 19:41:50 Optimism (OP) saw a 22% surge after Coinbase announced its Ethereum layer 2 called Base, which runs on the Optimism chain. Despite a relatively long top wick on the daily candle due to profit-taking, OP's year-to-date gains are still at 218%, compared to Bitcoin's 45%. Optimism's OP Stack architecture runs the Base layer 2, and Optimism can collect a percentage of the Base transactions fees, bringing the Superchain vision one step closer. Coinbase did not incorporate a token and will use Ethereum as the native gas token. Open / Comment

2023-02-23 12:48:15 ZKasino, a decentralized betting platform, engaged ChatGPT to pre-audit its smart contract code while undergoing a comprehensive audit by CertiK. ChatGPT was able to raise valid concerns, but failed to identify project-specific logic vulnerabilities, inaccurate math calculations, and inconsistencies between implementation and design intention. Despite its limitations, ChatGPT can still provide valuable insights into specific cryptocurrencies and aid in crypto adoption. However, it should be supplemented with manual audits by experienced security experts to ensure accuracy. Open / Comment

2023-02-23 03:37:02 An outage at network explorer Polygonscan sparked rumors of a possible Polygon blockchain outage, causing concerns among investors. However, the Polygon team clarified that only a few nodes had fallen out of sync, and blockchain production never stopped. A Polygon spokesperson said that the team was working to bring Polygonscan back up and that alternative explorers could be used. The network has previously suffered network outages, with the last occurring on Mar. 11, 2022, due to maintenance required on one of the network's three layers. Polygon Labs announced on Feb. 21 that it was letting go of 20% of its workforce. Open / Comment

2023-02-22 22:48:45 Congressman Tom Emmer has introduced a bill called the 'CBDC Anti-Surveillance State Act' seeking to prevent the Federal Reserve from issuing a CBDC, citing concerns over privacy and individual sovereignty. The bill would prohibit the Fed from issuing the digital dollar to anyone, as well as from using a CBDC to implement monetary policy and control the economy. The bill also requires transparency to Congress in the Fed's CBDC project and quarterly briefings on pilot projects Open / Comment

2023-02-22 17:25:33 Uniswap has added a major element to its NFT marketplace—the Universal Router contract, which enables traders to use any Ethereum-based cryptocurrency on the platform. This tool is especially useful for those doing high-volume token swapping, as they can now use their preferred token without having to manually swap tokens themselves before buying an NFT. It also means less taxable events taking place before a purchase. Open / Comment

2023-02-22 05:27:37 The price of Bone ShibaSwap ($BONE), one of the primary tokens in the Shiba Inu ($SHIB) ecosystem, has surged by more than 100% this year, propelling it into the top 100 cryptocurrencies by market capitalization. With each $BONE token trading at $1.87, up from $0.87 at the start of the year, the cryptocurrency has now surpassed a market capitalization of $400 million. The token is set to play a central role in the upcoming launch of Shibarium, the ecosystem's layer-2 scaling solution. BONE enables users to earn rewards by providing liquidity to the decentralized exchange ShibaSwap and stake on the platform to earn interest. Open / Comment

2023-02-22 04:31:25 Mastercard has partnered with Web3 payment protocol Immersve to enable users to make cryptocurrency payments in digital, physical, and Metaverse worlds. The transactions will be settled through USD Coin (USDC) tokens, a stablecoin backed by the US dollar issued by Circle. The partnership will use decentralized protocols to settle real-time cryptocurrency transactions on Mastercard's network. Users can use their existing Web3 wallets to make direct crypto payments without relying on a third party for collateral. Immersve will partner with a third-party settlement provider, allowing users to use USDC for all purchases. Once the transaction is successful, USDC will be converted to fiat before settling on Mastercard's network. Open / Comment

2023-02-21 23:27:28 Crypto lawyer John E. Deaton believes that Ripple will undoubtedly emerge victorious in its ongoing legal battle against the SEC, citing the agency's loss in four out of five cases that went to the Supreme Court. Ripple's well-written summary judgment brief and notable victories in the two-year-long legal battle also position the company for a win. A triumph for Ripple could potentially discredit the SEC and invigorate the crypto industry, which has accused the agency of failing to establish a coherent regulatory framework. Open / Comment