Okay, so this ultra sound money thang. What is it? Well it’s a meme. A joke from the inner circles of Ethereum communities to describe what’s going to happen to Ethereum as it transforms this year. And we have researcher Justin Drake to thank for its genesis which starts with a single tweet.

Ethereum gas prices spiked on Sunday as collectors, bots and apes raced to get their hands on newly launched NFT projects.  Gas fees, which briefly hit 600 gwei on Sunday due to demand, were reminiscent of a time when triple-digit gas fees were the norm. Gas fees for minting an NFT cost around $160. Yet,…

I have to confess, much like Mr. Cuban I’ve never found myself particularly charmed by Cardano. It’s just never been my jam. But this project is mentioned more than any other in our comments section each and every week. So, I decided to kick my personal biases firmly in the Hoskins and take a good…

Injective Protocol, a decentralized derivatives exchange, said it raised a $10M at a $1B valuation from investors including Pantera Capital, BlockTower, Hashed, Cadenza Ventures (formerly BitMex Ventures), among others. Dallas Mavericks owner Mark Cuban also participated, while Cumberland, DRW’s crypto arm, disclosed its investment in the company. “Raising a sum of money so small relative…

The Rainbow Bridge, which connects the NEAR blockchain to Ethereum, is live. NEAR Protocol is a proof-of-stake blockchain that hosts the NEAR platform, a decentralized development platform that facilitates scalable, decentralized apps with low gas fees and fast transaction speeds.  The Rainbow Bridge is a decentralized, permissionless bridge protocol built by NEAR Protocol that allows…

Enjin has revealed more details about their NFT-focused blockchain, Efinity Network, which was announced earlier this month alongside their “high-speed bridge network” scaling solution, JumpNet. Efinity Network will be built as a parachain (ie: an offshoot blockchain) on the Polkadot network. Enjin plans Efinity Network to be a cross-chain highway for NFTs, capable of supporting…

Amazon Managed Blockchain, an AWS offering, now fully supports Ethereum. This means that companies will be able to spin up a node “in minutes” as the release says. Customers will be able to offload infrastructure issues of “data reliability due to out-of-sync nodes, data storage scaling challenges, and time-sensitive Ethereum software upgrades,” to AWS. This…

The last couple of weeks, if you kept your ear close enough to the ground you could feel there was something brewing. I couldn’t quite put my finger on what it was because it wasn’t about high gas fees or the bull market or DeFi but something bigger than all that, it was the emergence…

Cosmos’s Inter-Blockchain Communication (IBC) protocol, released last Thursday as part of the network’s so-called Stargate upgrade, enables token and data transfer across Cosmos-based blockchains. With the launch, Cosmos goal of creating a universe of interconnected blockchains can now become a reality. Over $6B in value, of which $2.8B comes from the Terra blockchain, can now…