Binance Smart Chain is Designed to be Compatible with Ethereum 13
In summary: Binance has launched the Testnet version of its Smart contract blockchain.  Dubbed Binance Smart Chain, it will run parallel to the Binance Chain. Additionally, it will be compatible with the Ethereum Virtual Machine (EVM).  The founder and CEO of Binance, Changpeng Zhao, has informed the crypto community via...
Sandbox Partners With Tony Hawk To Build the Largest Skatepark in the Metaverse 15
Summary: Sandbox has announced a partnership with the skateboarding legend Tony Hawk to build the biggest skatepark in the Metaverse. Autograph NFTs will provide additional access to Tony Hawk’s LANDs on Sandbox. Sandbox has bagged significant Metaverse-based partnerships this month with Playboy, Sout Korea’s KEB Hana Bank, and the Bushidos...
BTC Bulls Are Back? On-chain Indicators Point to Short-Term Rally 18
BTC recorded its highest daily active address count on 2 August. The recent increase in network activity, surge in loss-making transactions, and growing negative sentiment are all indicators of a short-term price rally for Bitcoin. The number of daily active addresses that trade Bitcoin [BTC] has surged in August, reaching...
Sui
Former members of Meta’s blockchain team have now announced a protocol touted as the bedrock for Web3 scalability. Ex-engineers from Facebooks’ Diem project revealed a blockchain network designed to offer unlimited transaction speed and Web3 scalability on Wednesday. Following bureaucratic red-tapism and mounting constraints on Meta’s Diem proejct, four former...
Overstock Focusing on Crypto Despite Departure of Pro-Bitcoin CEO 19
Overstock Loses Bitcoin Proponent, But Keeps Crypto Focus This week, Overstock, a large pro-Bitcoin and pro-crypto American technology and retail giant, saw its chief executive bite the dust. Patrick Bryne issued a letter to shareholders late last week, announcing that he would be stepping down from his position as a...