KGEN, a “verified distribution protocol” (by which they mean “we’ve got spreadsheets”), and the Web3 gaming infrastructure company Playnance have decided to link their platforms. This alliance is intended to “unlock new distribution channels” and “accelerate user adoption” in emerging markets. Translation: They’re betting on people who still use dial-up but now with crypto. Bold move.
Last Friday, under the watchful gaze of 1,800 votaries, a proposal passed with the fervor of a religious awakening-99.12% approval. Yet, let us not be deceived by the numbers, for they are but a mask. Over 76% of these tokens, the very lifeblood of this endeavor, were wielded by a mere ten souls. Democracy, it seems, is a game best played by the few.
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Since the Launchpad introduces new features and works differently from typical Web3 token launches, the team decided to release it on Testnet first. Because obviously, the best way to test a system is to let users try it with no real stakes. Who needs real-world testing when you can have a simulation?
A new bill proposed to update the rules for digital assets, like cryptocurrencies, was reviewed by the Senate Economics Legislation Committee. In a report released Monday, the committee stated the bill would bring digital asset oversight up to date while still protecting consumers using the same safety measures as traditional financial markets.
Meanwhile, Grayscale’s GBTC continued its genteel decline, shedding $25.9 million as if it were a dowager parting with her last season’s hats.
Bitcoin, that aspiring gentleman of the market, has gallantly leapt past its venerable 50‑day average for the first time in two months, hinting that the bullish spirit has been re‑invigorated.
So, what’s the buzz, you ask? Blackrock’s crypto offering, the Ishares Staked Ethereum Trust ETF (ETHB), decided to grace us with its presence on March 12. In just one day, it generated a stunning $15 million in trading volume, making its debut more dramatic than an opening night on Broadway. The world’s largest asset manager just gave us the kind of crypto product that even your grandmother could probably understand-and yes, it’s got staking rewards too. How terribly sophisticated!
The saga of Libra, that ill-fated token project which left tens of thousands of investors clutching digital smoke and millions in losses, has now entered its most operatically absurd phase in Argentina. One suspects the denizens of Buenos Aires are now betting on whether Milei will pardon the architects of this debacle or simply rename the country after them.
Andrej Karpathy, a co-founder of OpenAI and former Tesla artificial intelligence (AI) director, released an interactive “AI Job Exposure Map” on March 15, analyzing 342 occupations drawn from the U.S. Bureau of Labor Statistics (BLS) Occupational Outlook Handbook.
