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Arbitrum Dominates with Nearly 50% of Ethereum Layer 2 Total Value Locked
10.1.2024
Source: Adobe / Rafael Henrique The Ethereum-based layer 2 network Arbitrum has shown significant strength in the market, with its native token, ARB, outperforming a number of other smart contract tokens over the past 30 days. According to data from CoinMarketCap, ARB has now risen some 75% during...
OKX Ventures makes an A-round investment in Polyhedra Network
10.1.2024
OKX Ventures, an investment subsidiary of a leading Web3 technology company and cryptocurrency exchange, finances an A round of funding for Polyhedra Network. The network is currently engaged in the development of an advanced framework that is associated with Web3 and encompasses numerous features....
Polygon and ORDI Show Downtrends, While NuggetRush’s Presale Sees Remarkable Success
10.1.2024
TLDR Polygon (MATIC) has hinted at a possible partnership with a banking firm. Ordi has recorded a sharp price correction despite its recent market leap. NuggetRush (NUGX) has added great excitement to the play-to-earn community with its NFT-filled mining game. Polygon’s (MATIC) network is abuzz...
Solana Ecosystem Boasts Over 2,500 Monthly Active Developers, Reports Solana Foundation
9.1.2024
Source: AdobeStock / Aleksandra Sova The Solana (SOL) ecosystem now boasts more than 2,500 monthly active developers, according to the Solana Foundation. In a comprehensive report released on January 9, the foundation highlighted that the network has maintained a consistent range of 2,500 to 3,000...
Ronin Network opens up the Mavis Store
9.1.2024
Ronin Network has announced the opening of the Mavis Store. It is a shop that allows players to buy in-game items. All they have to do is log in with their account or wallet and buy what they want. Two categories live in the Mavis Store: Battle Bears, Gas Cans, and Origins Gems. Items can …
Zilliqa network upgraded to v9.3.0 successfully
9.1.2024
The Zilliqa v9.3.0 upgrade is officially live on the mainnet. The announcement was made on the X/Twitter account of Zilliqa. The tweet read that the upgrade brings several network improvements. These improvements include EVM enhancements, sharding changes, mining rewards, and general fixes. ...
Tunisian Universities’ Hackathons to Boost Understanding of Distributed Ledger Technology
9.1.2024
Two Tunisian universities working in collaboration with the blockchain company Dar Blockchain and the Hashgraph Association are set to hold three-day hackathons. Hackathon participants are set to learn how decentralized finance (defi) can help revolutionize and make financial services widely...
Bitcoin Open Interest Tops $20 Billion Amid Spot ETF Approval Anticipation
9.1.2024
Source: Adobe Stock The open interest in Bitcoin futures contracts across the entire network has surged to 435,700 BTC, approximately valued at $20.443 billion. The opened positions of Bitcoin’s futures contracts witnessed an 11% increase in the past 24 hours, reflecting heightened investor...
Reviving Retro — Ninjalerts CEO Unveils SNES Emulator on Bitcoin Blockchain to Preserve Classic Games
8.1.2024
The chief executive officer of Ninjalerts announced on Monday that a functional Super Nintendo Entertainment System (SNES) emulator has been successfully encoded onto the Bitcoin blockchain. The head of Ninjalerts emphasized that the inscription of the emulator on the Bitcoin network was motivated...
Polygon NFT Volume Hits 6-Month High, Igniting Renewed Interest in Layer-2 Scaling Solution
8.1.2024
Polygon’s NFT volume hit a 6-month high in December 2023, surpassing $10 million in daily sales. Image by itsmaku, Adobe Stock. The NFT market on the Polygon blockchain network saw considerable growth and renewed interest in December 2023, according to data from market trackers CryptoSlam...
Layer 1 Areon to Launch Mainnet on January 12
8.1.2024
PRESS RELEASE. A highly anticipated layer 1 project, Areon Network, is launching their mainnet on January 12, remarking the start of the Areon ecosystem. The date also coincides with Areon’s self-designated birthday: the day when their token AREA was first listed in 2023 on BSC. What is Areon...
Bitcoin’s First Wallet Comes Alive: A Sudden $1.17 Million Transaction Unfolds
7.1.2024
Image Source: Adobe An unidentified Bitcoin (BTC) user has sent 26.9 BTC, equivalent to $1.17 million, to the genesis wallet, the first-ever wallet created on the Bitcoin network by Satoshi Nakamoto. The transaction took place on January 5 at 1:52 am Eastern Time and attracted attention due to...
Shiba Inu and Dogecoin Face Tough Conditions as NuggetRush Reaches $1.5 Million Raised
7.1.2024
TLDR NuggetRush emerges as a promising player, raising over $1.5 million in its presale and offering a captivating play-to-earn game. Shiba Inu faces a decline in network activity with Shibarium, marked by a significant drop in daily transactions. Dogecoin encounters potential trouble as miners...
New Year, New Record — Bitcoin’s Difficulty Rises 1.65% in First 2024 Retarget
6.1.2024
Bitcoin’s network difficulty experienced its first increase of 2024 on Jan. 5, at block height 824,544, rising 1.65% to an unprecedented network peak of 73.2 trillion. This inaugural adjustment of the year succeeds the 27 dynamic shifts witnessed in 2023, including a total of 20 increases....
Celsius Network Unstakes Ethereum Holdings Amid Reorganization Efforts
5.1.2024
The bankrupt cryptocurrency lender Celsius Network announced its plan to unstake significant holdings of ethereum to facilitate asset distribution to its creditors. This move is part of the firm’s ongoing efforts to restructure and resolve outstanding liabilities. Crypto Lender Celsius...
Mint and Trade Real-World Addresses Onchain With PropyKeys dApp, Part of Propy Ecosystem
5.1.2024
PRESS RELEASE. January 5, 2024, Miami, Florida – Today, PropyKeys, a new gamified application, part of Propy ecosystem, introduces a home addresses market onchain. It is a decentralized application (dApp) game, powered by the PRO token and launched on Base, a layer-2 network operating on...
Celsius Network Announces Unstaking of Ethereum Holdings to Facilitate Distribution to Creditors
5.1.2024
Source: Adobe/Canva Now-defunct cryptocurrency lender Celsius Network has revealed plans to unstake its Ethereum (ETH) holdings as part of its efforts to distribute assets to creditors. In a recent announcement made on X, Celsius Network shared that it intends to carry out...
Best Crypto to Buy Now January 4 – Beam, Sei, Celestia
4.1.2024
BEAM, SEI, and Celestia, along with Sponge V2 and TG.Casino’s presales are some of the best cryptos to buy now. Image by cryptonews.com. Up-and-coming projects like Celestia and SEI Network are grabbing attention with major upgrades and partnerships today, while privacy coin BEAM eyes...
Sei Price Prediction as it Surges 60% in 7 Days – What’s Fueling This Momentum?
4.1.2024
Sei (SEI) Chart / Source: TradingView Sei (SEI), the token that powers the recently launched and much-hyped Sei Network blockchain, has continued to pump in recent days, despite the broader cryptocurrency market succumbing to profit-taking and deleveraging. SEI/USD was last changing hands just...
Bella Protocol integrates LP Farm with Manta Network
4.1.2024
Bella Protocol has announced that LP Farm has integrated the Manta Network. The move has been taken to enhance liquidity provision on multiple chains as a part of its commitment to do the same. LP Farm is a flagship DeFi product of Bella Protocol and is now live on zkSync and Mantle Network on...