Coinbase chief legal officer Paul Grewal and Base founder Jesse Pollak argued that Layer-2 (L2) sequencers constitute infrastructure rather than exchanges. Their statements contradict the current regulatory stance, considering SEC Commissioner Hester Peirce has previously warned that centralized matching engines may face exchange registration requirements. Grewal compared Base’s sequencer to Amazon Web Services in a
Ethereum co-founder Vitalik Buterin has addressed some key myths around the custodial features of Coinbase’s Layer-2 platform Base. In his latest support for the Layer-2 network, Buterin said that the platform maintains the core principles of decentralization while improving user experience. Amid the growing concerns over L2 centralization Ethereum co-founder steps in to explain their
Uptick Network has made two additions to Upward, its non-custodial and flagship wallet. With this initiative, the platform aims to empower users so that they can create ERC-20 tokens with token-based gift distribution in a few clicks. Through this launch, Uptick aims to solidify its mission to create accessible Web3 for daily-based users. This advancement
Key Takeaways Forward Industries will launch tokenized shares on the Solana blockchain via Superstate, enabling digital versions of its NASDAQ-traded stock. The move marks a substantial blockchain shift for Forward Industries, which recently raised $1.65 billion for a Solana-based treasury. Forward Industries plans to launch tokenized shares on the Solana blockchain through Superstate, a blockchain-focused
India’s Centurion University of Technology and Management plans to issue more than 1,000 degrees annually on the Avalanche blockchain to make verifying credentials easier and more secure. Summary Students graduating from the Centurion University of Technology and Management will be able to receive their credentials on the Avalanche blockchain. The degree features a QR code
Toyota Motor Corporation will open its Woven City smart city project on Thursday this week. The facility will test blockchain applications including ERC-4337 smart accounts for mobility services, peer-to-peer energy trading, and digital identity systems with residents participating in real-world validation of the technology. Furthermore, this project represents one of the first attempts to deploy
Aria, an innovative story-based intellectual property (IP) tokenization platform, has just made a groundbreaking announcement. The company successfully tokenized a massive 140 billion won, equivalent to approximately $101.4 million, in K-pop intellectual property on the Story blockchain. This significant move is set to redefine how music rights are managed and invested in, marking a new
Zypher Network has officially announced the launch of Alaya AI Social Quests, marking the platform’s latest innovation. This initiative is part of the Zypher AI Mining 2.0 campaign, which is now live on the campaign page and Galxe Quest. Through this update, Zypher Network is set to offer an upgraded AI-powered mining experience. This advancement
Pilot AI, an AI-driven crypto trading firm, has partnered with Zoro, a prominent decentralized lending company. The collaboration is aimed at leveraging the protocol of Zoro to tokenize AI via the BNB Chain, permitting developers to create, launch, and train physical and digital AI systems efficiently. As disclosed by Pilot AI in its official announcement
ZEROBASE, a real-time ZK prover network, announced a strategic collaboration with the HPX Wallet, a multi-crypto and secure digital wallet. With this partnership, HPX integrated ZEROBASE’s security-enhancing architecture into its multi-coin wallet solution. With this synergy, the HPX wallet seeks to allow its customers to efficiently access DApps in an effective and rewarding way while