Circle launches cross-chain transfer protocol for USDC
Circle, the creator of US Dollar Coin (USDC), has launched a mainnet protocol that lets users transfer USDC between Ethereum and Avalanche. Before, users of Avalanche who had USDC on Ethereum had to deposit their coins with a Circle partner or utilize a third-party bridge to move their USDC from one network to the other. […]
Binance.US Offers Free Web3 Domain Registration
In a new collaboration with Unstoppable Domains, Binance users in the US can now register Web3 domains that function as digital identities. Through a new collaboration with Unstoppable Domains, US users will soon be able to create decentralized domains that will act as digital identities throughout the Web3 ecosystem. With the new service, customers will […]
Solana Unveils ChatGPT Plugin That Retrieves On-chain Data
Users of the Solana network will soon be able to access the network by activating an open-source plugin on ChatGPT. Now, Solana Labs is putting more of an emphasis on AI. The business said on April 25 that it would contribute $1 million in funding to Solana projects that develop AI capabilities. The developers of […]
Yuga Labs Wins Trademark Case Against Bored Ape Interloper
An artist, Ryder Ripps and his co-defendant Jeremy Cahen were found guilty of copying Yuga Labs’ NFTs and selling them under the name RR/BAYC. The Central District of California’s Judge John F. Walter found on April 21 that Ryder Ripps and Jeremy Cahen had violated Yuga Labs’ trademark and dismissed their claims that their imitation […]
Bahamas strengthens control of digital assets with DARE bill
The Securities Commission of The Bahamas has began a consultation period for the proposed Digital Assets and Registered Exchanges (DARE) law, 2023. By keeping Bahamian consumers, investors, and markets informed about technical advancements in the digital asset sector, this law seeks to improve their protection. Strong standards for risk management, market innovation and development, consumer […]