Web3 productivity app Focus Tree completes $2 million seed round led by Sfermion

Looking at Web3 social from Farcaster, Lens, Friend.tech and Focus

This article studies four different social protocols and platforms: Farcaster, Lens, Friend.tech and Focus, focusing on how they build new web3 social experiences

Paradigm Co-Founder: Crypto Focus Remains Strong Despite AI Excitement

Paradigm has recently made an interesting move that has captured the attention of the cryptocurrency community.

Meta ‘Winding Down’ Instagram NFT Support to Focus on Creators

After just a year of supporting the sharing of digital collectibles on its Instagram platform, Meta is pausing the project. Meta Commerce and Fintech lead Stephane Kasriel announced the change on Twitter. The tech and social media giant is winding down its digital collectibles initiative “to focus on other ways to support creators, people, and businesses,” Kasriel wrote. Last year, Meta made a big push into digital collectibles after Mark Zuckerberg, CEO of Instagram’s parent company Meta, annou...

ByBit Launches Merkle Tree-Verified Proof of Reserves

ByBit has joined the ranks of major crypto exchanges such as Binance to publicly provide its proof of reserves. 

Bitget shares Merkle Tree Proof of Reserves to enhance transparency

Leading global cryptocurrency exchange, Bitget, announces today that it is launching its Proof of Reserves Page.

Hedge Fund Fir Tree Sues Grayscale for Details on GBTC

Fir Tree wants the Grayscale Bitcoin Trust to resume redemptions and cut fees.

[Feature] A “Merkle Tree” Cannot Negate an Exchange’s Malpractices

The fall in trust levels prompted various major exchanges to brainstorm ways to prove that they are “safe”.

Defects and Improvement Ideas of Merkle Tree Reserve Proof

In the following, I describe two fundamental flaws of existing Merkle Tree proof-of-reserve methods and offer some ideas on how to improve them.

CT Chinese Focus｜From NFT to metaverse, how does Enjin lay out the future

NFT LA: Attract the mainstream, focus on Web3 and use cases

Panelists who spoke at NFT LA shared their thoughts on Web3, innovative use cases and the future of nonfungible tokens.