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Moonbirds Token BIRB to Take Flight on Solana as NFT Comeback Continues

The Ethereum NFT project Moonbirds is experiencing a revival as it prepares to launch a new Solana token called BIRB. This development comes after the project was acquired by Orange Cap Games, which has spurred increased activity and interest in the Moonbirds collection. The announcement was made during a side event at Token 2049 in Singapore, with community support evident in a recent social media teaser indicating the token will debut soon.

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New York State senator proposes tax on crypto mining energy use

New York State Senator Liz Krueger has introduced a bill proposing a tiered excise tax on the energy consumed by crypto mining companies in the state. The bill establishes a tax structure based on the amount of kilowatt-hours (kWh) used, with no charges for miners consuming up to 2.25

OpenAI Becomes World's Most Valuable Private Company With $500 Billion Valuation

OpenAI has become the most valuable private company in the world after a $6.6 billion employee share sale that valued the firm at $500 billion. This sale allows staff to sell shares they have held for over two years to several companies including Thrive Capital and SoftBank Group. This

Synthetic tokens see a comeback as stablecoins market cap climbs

Synthetic stablecoins are regaining prominence, fueled by innovative financial engineering to mitigate volatility. SUI Group is set to introduce suiUSDe and USDi, marking the first native stablecoins within the Sui ecosystem. Developed in collaboration with Ethena Labs and the Sui Foundation, USDi will be fully backed by tokenized shares of

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