Author: Crypto Insider

Amid an industry boom, crypto education initiatives are quickly gaining traction. On May 7, organizers of the Women in Tech Global Summit 2024 announced that they would incorporate Unstoppable Domain’s technology for its own Web3 top-level domain (TLD). Dubbed “.WITG,” the digital identity domain, assignable to each participant, will allow users to network as well as access…

Crypto users are clamoring to find the next big thing in the Social Finance (SocialFi) sector, according to analysts from K33 Research — who see it a growing corner of crypto despite being plagued by “perverse incentives.” In a May 8 research report, K33 DeFi analyst David Zimmerman wrote that following a recent Firend.tech airdrop, crypto users…

Ethereum scaling solution provider Optimism is looking to take its blockchain throughput a step further by onboarding layer-3 applications on top of the OP Stack. On May 8, the Optimism team said that they were welcoming layer-3s to the Superchain where they can build on the OP Stack and share revenue with the Optimism Collective. The OP Stack is…

The Democratic Party of Korea will request that the Financial Services Commission (FSC) reconsider its interpretation of the legal status of spot Bitcoin exchange-traded funds (ETFs), according to a local press report. Allowing spot ETFs with underlying virtual assets was one of the party’s campaign promises. An unnamed official of the Democratic Party policy committee told…

The Starknet Foundation announced a new grant program with $5 million worth of USDC for emerging projects on the network. The new $5 million Seed Grants Program aims to support at least 200 promising teams, with $25,000 in USD Coin per award recipient, offering a “final push” to help final-stage projects launch on Starknet, an Ethereum…

The majority of Americans in swing states say the financial system is “outdated” but agree crypto may not be the solution either, a survey reveals. The study, conducted by the Digital Currency Group and The Harris Group, surveyed 1,201 people in six “swing states” — a term given to states that could reasonably be won by either…