Zilliqa reveals strategy to muscle in on Web3 development

Zilliqa has launched the Web3 Alliance, an organization dedicated to attracting leading “cross-industry” Web3 projects to its ecosystem.

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Hacash.Diamonds partners with Neo to mint, promote Proof-of-Work NFTs

Hacash Diamonds (HACD) and Neo blockchain have announced a partnership to promote proof of work consensus in non-fungible tokens.  HACD is a first of its kind PoW NFT with the goal of becoming a store of value that will exceed Bitcoin.

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South African central bank mulls digital rand to streamline cross-border payments

The South African Reserve Bank is mulling the issuance of a digital rand, Reuters reported on May 18, citing the central bank’s Deputy Governor Kuben Naidoo.

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Stablegains in hot water after losing more than $40M due to Terra’s collapse

Yield app Stablegains faces allegations of misusing clients’ money — and possibly a lawsuit — after losing more than $42 million, which it had invested in UST via Anchor protocol without informing clients.

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YellowHeart teams up with Julian Lennon for a music-based NFT

YellowHeart, a non-fungible token (NFT) marketplace for ticketing, music, and community tokens, has partnered with Julian Lennon, the son of The Beatles founder John Lennon, to turn his first recording of John Lennon’s iconic song Imagine into an NFT.

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Memes in red as Dogecoin and Shiba Inu shed over 80% of their ATH

Based on recent price performance, the crypto market is at its lowest ebb for the first time in a very long time.

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