Sei Network Unveils Tokenomics and Rewards for SEI Token
Sei Network, a trading-focused Layer 1 blockchain, has announced the tokenomics framework and community incentives for its native token, SEI. The token will serve multiple purposes on the Sei blockchain, such as paying network fees, staking for security, voting for governance, and providing application collateral. The token supply is capped at 10 billion SEI, with […]
Crypto Exchange Txbit to Permanently Close
Cryptocurrency exchange platform Txbit has announced that it will shut down on September 14, 2023. The decision comes from increasing market pressures and regulatory challenges in the cryptocurrency industry. Txbit, headquartered in the Netherlands, announced on August 14. The company cited the unpredictable nature of the cryptocurrency sector and the growing global regulatory concerns as […]
Coinbase Forms Crypto Lobby Group to Influence US Policies
Coinbase has announced the formation of a lobby group to advocate for clear and favorable crypto policies in the US. The Stand with Crypto Alliance group aims to unite the crypto community and influence lawmakers and regulators to modernize the financial system and protect consumers. The alliance was launched in response to what Coinbase has […]
Coca-Cola Launches NFT Collection on Base Blockchain
The largest soft drink company in the world, Coca-Cola, has introduced its NFT line on the brand-new Coinbase layer-2 network Base. With the release of its initial NFT collection on the Coinbase layer-2 network Base, Coca-Cola has made another step into the world of digital art. The world’s largest beverage company debuted its Masterpiece collection […]