Crypto News

Socialfi Expands Satoshi Nakamoto’s Vision of a Defi System to Social Media, Says Kevin Lu

According to Kevin Lu, social finance, or “socialfi” — a combination of social media and decentralized finance — is an innovation that extends Satoshi Nakamoto’s vision of a decentralized financial system to social media. Although it’s not intended to replace today’s traditional social media platforms, socialfi addresses “significant value gaps in current consumer products,” saidSource link

Galaxy Digital Has Several Positive Catalysts in Play This Year: Canaccord

The crypto firm’s fourth quarter was solid, and commentary about the performance through the end of February was even better, the report said.Source link

Blast NFT Game Munchables Recovers $62 Million Stolen in Exploit

Blast founder Tieshun Roquerre warned that other protocols that connect to Blast, like Juice Finance, were affected.Source link

Fantom (FTM) Foundation CEO Reveals Exciting Plans for Sonic’s Launch and Future Development

Michael Kong, CEO of Fantom Foundation, has unveiled the highly anticipated launch of Sonic, a groundbreaking blockchain technology that promises unparalleled scalability and security. With plans to create a shared sequencer for L1 and L2 chains and introduce simplified staking and liquid staking support, the Fantom team is poised to revolutionize the world of blockchain. Stay tuned for more exciting updates and partnerships in the coming weeks. (Read More)Source link

Vitalik Buterin: Supporting Decentralized Staking through Anti-Correlation Incentives

Vitalik proposes anti-correlation incentives to promote decentralization in staking protocols, penalizing misbehaving actors and implementing them in various scenarios, backed by empirical data. (Read More)Source link