Solana co-founder Anatoly Yakovenko ignited criticism from the crypto community by likening memecoins to loot boxes in mobile games. Solana co-founder Anatoly Yakovenko has sparked controversy after referring to memecoins and non-fungible tokens as “digital slop,” despite Solana’s substantial memecoin-driven revenue. “I’ve said this for years. Memecoins and NFTs are digital slop and have no…
Read more
According to data from CoinMarketCap, XRP has a maximum supply of 100 billion tokens, with about 57 billion XRP circulating. Georgios Vlachos, co-founder of the Axelar open-source interoperability platform — which is the canonical bridge connecting XRP Ledger to the XRPL EVM chain and 69 other blockchains — told that the upcoming RLUSD stablecoin will…
Read more
Avik Roy, the president of a nonprofit think tank, said Senator Cynthia Lummis’ idea that Bitcoin could eliminate federal debt is an “overselling” of what Bitcoin can do. United States Senator Cynthia Lummis’ plan to set up a strategic Bitcoin reserve won’t be enough to solve the country’s debt crisis, which has now swelled to…
Read more
Since the beginning of the Web3 creator movement in 2021, Snoop Dogg has been a significant player. A Web3-powered live streaming app called “Shiller” has been revealed to have one of Snoop Dogg’s co-founders, giving the well-known hip-hop artist yet another Web3 partnership. According to its description, the app is a “live broadcast platform” that…
Read more