The Block
Helium Mobile’s service combines the peer-to-peer Helium Network, an internet-of-things project that uses the Solana blockchain, and a nationwide 5G network.
Quick Take The SEC said it was extending its timeline for a decision on the proposed fund by 45 days to Jan. 25.
Quick Take During a Tuesday hearing, Rep. Maxine Waters asked the SEC’s Valerie Szczepanik, who is the director of the agency’s Strategic Hub for Innovation and Financial Technology (FinHub), about the potential session.
Quick Take Brazilian digital bank Nubank announced a partnership and integration with Talos in order to reduce the cost of crypto trading in South America’s largest nation.
Bitcoin short leveraged positions are at risk as the digital asset breaks through the $44,000 mark.
Quick Take Sky Mavis, creator of the ‘Axie Infinity’ web3 game, announced a partnership with Singapore-based gaming developer Foonie Magus which will involve bringing new title ‘Apeiron’ to the Ronin blockchain. A demo of ‘Apeiron’ is available on the Epic Game Store.
Quick Take Web3 infrastructure provider Ankr has launched Rollup-as-a-Service support for zkSync Hyperchains on testnet, enabling developers to customize and deploy independent Layer 2 chains for their decentralized applications.
Bitcoin futures indicate the market expects the digital asset’s price will appreciate in 2024, according to Deribit.
Quick Take Shares in crypto mining firm Phoenix Group rose by around 50% on its first day of trading on the Abu Dhabi Securities Exchange (ADX) today, following its $370 million IPO. The IPO was oversubscribed by 33 times amid a surge in Bitcoin mining stocks and the broader crypto market.
Quick Take Thirdweb, a web3 developer platform, disclosed a security vulnerability in its open-source library. The vulnerability specifically targets pre-built smart contracts provided by Thirdweb, affecting multiple NFT collections.
