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‘Performing as expected’ — Aptos Labs defends day 1 criticism

After four years of development and millions in funding, the layer-1 blockchain Aptos (APT) finally launched its mainnet on Oct. 17, albeit to somewhat mixed reception.The proof-of-stake blockchain has seen millions invested in it from venture capital firms and has previously claimed the ability to process 160,000 transactions per second

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Ethereum co-founder Vitalik Buterin defends DAOs against critics

Ethereum co-founder Vitalik Buterin has come out swinging in defense of Decentralized Autonomous Organizations (DAOs), arguing that in some circumstances they can be more efficient and fairer than a traditional corporate structure.In theory DAOs are collectively owned and managed by their members and have no central leadership. All decisions relating

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Magic Eden defends launch of NFT royalty enforcement tool

Solana-based nonfungible token (NFT) marketplace Magic Eden has fended off some community backlash following the launch of MetaShield, its new enforcement tool aimed at deterring NFT buyers who bypass creator royalties. MetaShield, which was reportedly launched in partnership with NFT marketplace and aggregator Coral Cube saw mixed reactions from the NFT

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Waves Founder Defends USDN Stablecoin Depegging, Trashes Fears of a UST-Like Implosion; Bitcoin Burrows in Above $20K

With Ethereum's long-awaited transition to proof-of-stake (PoS) fast approaching, blockchain analytics firm Coin Metrics is out with a new report explaining the move, along with data that provides some insights about user behavior. Lucas Nuzzi, Coin Metrics head of research and development, joined "First Mover" to discuss the findings. Glen

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