Top Crypto News Highlights of the Week
Date: 2023-10-07 Author: Dima Zakharov Categories: CRYPTO PAYMENTS, IN WORLD
1. StarkWare Delays StarkNet Token Unlock Date
Colin Wu, a well-known researcher, has compiled a list of the top crypto news of the week, and one headline-maker is StarkWare. They've pushed back the release of their own token, StarkNet (STRK), from November 29, 2023, to April 15, 2024. This delay is causing a buzz in the crypto community.
2. OpenSea Studio: Empowering NFT Creators
The founders of OpenSea have introduced OpenSea Studio, a new service aimed at helping content creators manage their NFT collections. It covers everything from setting whitelists to uploading multimedia and metadata, making NFT project management a breeze.
3. Conflux and LayerZero Collaborate on Blockchain SIM Cards
Conflux and LayerZero have teamed up to develop blockchain-based SIM cards (BSIM). These innovative cards allow users to transfer digital assets and messages across different blockchains using LayerZero technology, opening up exciting possibilities for decentralized communication.
4. Filecoin's Venture Studio Supports Blockchain Startups
Filecoin's development team at Protocol Labs has launched Venture Studio. This program leverages Filecoin, IPFS, libp2p, Ethereum, and other ecosystem components to support and nurture young blockchain startups.
5. Zora Introduces Free NFT Token Minting
Zora's NFT mining platform has rolled out a feature that lets creators mint NFTs for free. Meanwhile, prominent digital art collector Juan Lichen joined Friend Tech, spending 21,147 ETH on 100 keys, causing the minimum key price to soar to 0.6 ETH.
6. ZKX Derivatives Trading Protocol Launches on StarkNet
The team behind the ZKX derivatives trading protocol, built on StarkNet, has announced the launch of the first phase of their token distribution. This crypto asset will serve as a crucial tool for platform management.
7. Yuga Labs Restructures Business and Announces Layoffs
Yuga Labs' press release revealed significant business restructuring and layoffs within the company. The project leaders have decided to focus on promoting the Otherside project, resulting in the removal of several departments from their organization.
8. Yield Protocol Ceases Operations Due to Low Demand
Yield Protocol, a lending protocol, has announced the cessation of its operations due to low demand for fixed-rate borrowing services. Stringent regulatory requirements in the US, Europe, and the UK have also contributed to this decision.
9. DAO Utopia Temporarily Halts Services
The creators of DAO Utopia have announced the temporary suspension of their services starting on November 6, 2023. Users will have free access to the product until the end of the current month, responding to market dynamics and regulatory challenges.
