Can Decentralized Social Media Redefine Online Community Engagement?
9.2.2024
Decentralized social media (DeSo) is a concept that is looking to stir up the digital landscape and promises to redefine how we connect online. Meanwhile, traditional social media as we know it today is a vibrant hub of community engagement. It is a space where ideas flourish and voices are heard....
Wirex CEO Says Money Mules Are a Massive Issue in FinTech and Crypto
9.2.2024
In an insightful interview with Cryptonews, Pavel Matveev, CEO and co-founder of popular global digital payment platform Wirex, discussed what money mules are and how big of a problem they pose in the crypto and FinTech industries. The short answer is: big. He further told us how these fraudsters...
Analysts are bullish about a surge in Vechain
9.2.2024
The performance of a crypto depends on several factors playing out in any combination. Volatility is only constant, a major factor that affects where a token moves on the graph. Sentiments are more or less the same for Vechain, except analysts are bullish about it, expecting a surge in the coming...
Solana Price Prediction as TVL Crosses $1.8B for First Time Since 2022 – What’s Next for SOL?
9.2.2024
The total value locked (TVL) on the Solana network has crossed $1.8 billion for the first time since 2022, according to data on DeFiLlama. Activity on Solana has been steadily rising since the end of last year, but the blockchain is still way off its all-time high (ATH) of $10.03 billion TVL,...
Bitcoin breaks the seal at $46,000; analysts predict $1M valuation
9.2.2024
Bitcoin was at ~$42,000 for weeks. It has finally broken the ceiling to surpass the mark of $46,000. BTC was last seen exchanging hands at $46,297.90, a rise of 3.995 in the last 24 hours. It further reflects a jump of 7.20% and 0.97% in the last 7 days and 30 days. The 24-hour volume …
Shiba Inu Price Prediction as SHIB Breaks 2-Month Downtrend – New Peaks Ahead?
9.2.2024
The Shiba Inu price has risen by 2% in the past 24 hours, climbing to $0.000009365 after spending nearly two months on the decline. Its gain comes on a day when the cryptocurrency market as a whole has risen by 3%, with SHIB having increased by 3.5% in the past week and by 5.5% in […]
The...
DeFi Market Forecast: A $18.28 Billion Explosion by 2027
9.2.2024
Key Findings: In 2024, the DeFi sector is projected to record a 47.5% revenue increase to $26.15 billion. Between 2023 and 2027, DeFi market revenue is projected to rise to $18.28 billion, representing a 103% increase. The DeFi user base in the USA will increase by 95%, from 8,673,000 in 2023 to...
Polygon announces Type-1 upgrade to the zkEVM prover
9.2.2024
Polygon Labs, in partnership with Toposware, has revolutionized technology by introducing a Type 1 Prover that utilizes the zkEVM polygon. Such phenomenal advancements in blockchain technology enable any EVM chain to transition into a ZK L2 network and is integrated into the entire Polygon...
What Is ERC-404? The Experimental Standard Whose First Token Has Rocketed 12,000% in One Week
9.2.2024
ERC-404 allows multiple wallets to directly own a single NFT, and, in the future, create a use case where that specific exposure can be tokenized and used to take out loans or stake holdings
Treasury’s Yellen: More Power Needed to Counter Crypto Use by Terrorist Groups
9.2.2024
U.S. Treasury Secretary Janet Yellen has expressed the need for increased authority within the Treasury Department to address the alleged utilization of crypto by terrorist groups. Senator Sherrod Brown, known for his role in shaping crypto legislation, questioned Yellen about the necessary updates...
Crypto Stocks Rally Pre-Market as Bitcoin Tops $46K
9.2.2024
Bitcoin climbed over $46,000 for the first time in nearly a month early Friday, extending its gain for the week to nearly 10%
Deloitte’s NFT tool adaptable with the Astar zkEVM blockchain
9.2.2024
Deloitte Tohmatsu Group’s NFT development tool is compatible with the Astar zkEVM blockchain, which is administered by Stake Technologies Pte. Ltd (Astar Network) and Startale Labs Pte. Ltd (Startale Labs). Astar zkEVM uses Ethereum’s Layer 2 technology with zero-knowledge proof...