Author: Harper Smith

Highlights Ethereum layer-2 network Blast announces its closure due to unsustainable operating costs outpacing revenue. Users have until October 26 to withdraw their assets; after that, withdrawal process will change significantly. Blast, launched by NFT marketplace founder Tieshun “Pacman” Roquerre, experienced rapid success before facing a steep decline amidst the...

Highlights Greece marks its entry into the EU’s crypto regulatory framework with four providers now listed. The division of oversight responsibilities between Greece’s financial authorities reflects the complexity of MiCA regulations. Binance’s withdrawal from the Greek market raises questions about international crypto regulation dynamics. Introduction to Greece's MiCA Involvement Greece...

Highlights Magic Eden is shifting its focus away from Ethereum and Bitcoin NFTs to invest in the burgeoning iGaming sector with its Dicey platform. The NFT marketplace will discontinue support for EVM and Bitcoin-based marketplaces by March 2024 to concentrate on a unique online casino experience. CEO Jack Lu emphasizes...

Highlights Gondi disables compromised contract that led to $230,000 worth of NFTs being stolen. Crypto enthusiasts join forces to recover and return certain stolen NFTs to their rightful owners. Gondi is focused on compensating victims and regaining their trust through transparency and aid. Understanding the NFT Security Breach The recent...