Our weekly updates are put together by folks deep in the crypto scene, giving you a clear picture of what's happening without overwhelming you.
To Watch This Week
AIRDROPS + ALPHASep 7, 2023
Coins
MyLugano Crypto Payment App Adds Support for Internet Computer’s Multi-Chain Bitcoin ‘Twin’
The DFINITY Foundation’s new partnership with the municipality of Lugano will see the Swiss city’s MyLugano crypto payment app add support for Chain-Key Bitcoin (ckBTC), a multi-chain Bitcoin “twin” running on the Internet Computer (ICP) blockchain. With the addition of ckBTC, MyLugano app introduces a multi-chain, multi-wallet solution, expanding the already existing possibilities of purchasing goods and sending transactions with LVGA, Lugano’s local stablecoin, Bitcoin (BTC), and Tether’s USDT...
Jun 30, 2023
NFTs
Sodexo Drops NFTs With a Twist: They’re for Employees, Not the Public
Major brands have been making interesting moves with NFTs, but here’s an example that’s decidedly different from the typical consumer-facing fare: a division of European food services and facilities management giant Sodexo just launched tokenized profile pictures (PFPs) for all of its employees. Sodexo’s Benefits and Rewards Services’ (BRS) division, which recently rebranded to Pluxee, plans to spin out and go public in 2024. And the division has prepared a vibe shift to go along with that struc...
Mar 28, 2022
Markets
$140 Million in Bitcoin Shorts Liquidated As Crypto Market Cap Hits $2.1 Trillion
The total market capitalization of all cryptocurrencies has soared past $2.1 trillion, with market leaders Bitcoin and Ethereum both breaking out following a week of rather stale price action. Bitcoin's surge has seen the leading cryptocurrency cross the $47,000 price mark, a price it hasn’t seen since the beginning of the year. With the price of Bitcoin breaking even for the year, the crypto market rally has also led to millions in liquidated short positions. According to data pulled from Coi...
Jul 2, 2021
Coins
Mobile-First Crypto Celo Surges By 20%, Dfinity's ICP Slumps
It's been a muted few days for the crypto market, with prices for the top 10 coins remaining mostly flat or declining slightly in the past 24 hours. One cryptocurrency that's defying the stagnant market is Celo, which is up over 20% in the past day to hit $3.59; over the past week, it's surged by nearly 40%. Celo is a mobile-first crypto project that's aiming to build a decentralized peer-to-peer payment platform. Users can make crypto payments by using their phone numbers; the idea is that this...
May 28, 2021
Technology
How Dfinity's Internet Computer Will Integrate Ethereum
The Dfinity Foundation has begun working to integrate its decentralized blockchain network, the Internet Computer, with Ethereum—which is perceived to be a rival by many in the industry who have watched as Dfinity has built out its treasure chest. Internet Computer <> Ethereum BIG NEWS: I just gave the instruction to directly integrate the networks using Chain Key cryptography Internet Computer and Ethereum smart contracts will be able to *directly* interoperate, no hubs, no cloud, no bs One...
May 26, 2021
The Projects
What is Dfinity's Internet Computer (ICP)?
Today, a handful of big-tech companies increasingly call the shots over Internet content, functionality and data. One recent example is the enforced fee changes that led Fortnite developer Epic to sue Apple. The non-profit Dfinity Foundation’s solution is the Internet Computer, which would reimagine the Internet as humanity’s primary compute platform. What is the Internet Computer? The Internet Computer is a secure, decentralized and cost-effective blockchain network that aims to expand the func...