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This Week on Crypto Twitter: Outrage and Unity as Telegram and OpenSea Come Under Fire

The crypto industry found itself in an increasingly familiar position this week: on the defensive, banding together to fight back against encircling government forces.  The latest cycle of drama kicked off in full force late last weekend, when the French government abruptly arrested Telegram CEO Pavel Durov as he stepped off his private jet in Paris. Immediately, crypto and decentralization advocates emerged as some of the strongest voices to defend Durov—who has himself recently turned Telegram...

This Week in Crypto Games: 'Hamster Kombat' and 'Rocky Rabbit' Airdrop Dates, New NFL Rivals Season

The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tid...

Bitcoin Network Stacks Devs 'Can See the Finish Line' With Nakamoto Upgrade

After facing multiple delays, Bitcoin layer-2 network Stacks moved forward with the first part of its highly anticipated Nakamoto upgrade this week. The upgrade is expected to decouple block production from the Bitcoin blockchain, enabling faster and more efficient processing. The Nakamoto upgrade, partly rolled out in April, introduced mock-signing transactions using Stacks' proof-of-transfer (POX) consensus, where miners burn BTC to earn STX rewards. Activation was delayed for eight weeks to f...

Ethereum Gaming Network Geist Is Members-Only to Prevent 'Industrial Farming'

Pixelcraft Studios, the company behind crypto game Aavegotchi, is creating a “members-only” Ethereum layer-3 gaming network called Geist, built with the scaling tech of both Arbitrum and Base. The move comes as the company fears that “industrial farming” is an issue preventing real players from enjoying crypto gaming. “A lot of crypto games are farms,” the pseudonymous CEO and founder of Pixelcraft Studios, Coder Dan, told Decrypt, “[and] there’s nothing wrong with a farmer.” “But the problem is...

Bitcoin OP_CAT Upgrade: Can Revived Satoshi Code Transform the Top Blockchain?

Bitcoin’s developer ecosystem is the hottest it has been in years. Projects, tools, and proposals to unlock new decentralized applications for the OG crypto network are now part of the mainstream Bitcoin conversation. One proposal central to that conversation is BIP-347, or “OP_CAT”—though called BIP-420 by some proponents—a potential soft fork upgrade that proponents think could supercharge Bitcoin’s capabilities. At a bare-bones level, what OP_CAT does is allow users to join, or “concatenate,”...