Polygon Labs Co-founder Assumes New ZK-proof Role
Polygon Labs is doubling down on zero-knowledge (ZK) solutions, and its co-founder, Sandeep Nailwal, will champion the cause in the newly created role. On May 29th, Polygon Labs announced the expansion of Sandeep Nailwal’s position to that of chief business officer (CBO) in addition to his current duties as executive chairman and co-founder. Nailwal will […]
Turbo Memecoin Reaches $638M Market Capitalization
Turbo memecoin was developed using the well-known OpenAI chatbot ChatGPT and has amassed a market capitalization of $638 million about a year after its initial release. The value of the Turbo memecoin reached an all-time peak of $0.009302 on May 28. According to coin information tracker CoinGecko, this increased the meme token’s market capitalization to […]
The Sandbox Launches Sandbox DAO
The Sandbox, a decentralized gaming platform, has launched The Sandbox DAO, its decentralized autonomous organization (DAO) for transparency and community involvement. The DAO will grant virtual LAND and nonfungible tokens (NFTs) to the Sandbox holders representing in-game territories using a three-phase implementation process. Holders and NFT owners can exercise their voting rights and suggest enhancements […]
HTX Exchange Surpasses Coinbase in Spot Trading Volumes
HTX exchange, formerly known as Huobi, has surpassed United States-based exchange Coinbase in spot trading volumes. On May 27, X was on hand to report that the global HTX exchange had, for the first time, surpassed Coinbase in terms of spot trading volume. Tron founder and HTX adviser and significant asset holder Justin Sun made […]
Nomura Holdings, GMO Group Bring Stablecoin Offerings to Japan
The GMO Internet Group and Nomura Holdings, a financial services corporation, have partnered to issue stablecoins denominated in Japan’s Japanese yen (JPY) and U.S. dollars (USD). Laser Digital Holdings, a subsidiary of Nomura Holdings that provides asset management and trading solutions for digital assets, will be a part of the partnership. Stablecoins-as-a-service, regulatory compliance, and […]