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UK Web3 Firm Pimlico Secures $4.2M Seed Investment Led by a16z Crypto


a16z. Source : Twitter/CRYPTOPURITY.COM Pimlico, a UK-based Web3 company, has successfully closed a seed investment round worth $4.2 million, led by the major venture firm Andreessen Horowitz’s crypto arm a16z Crypto. The new funding round comes after a recent pre-seed round, and marks a “crucial...

Barefoot Mining CEO Projects a 52.5% Cut in Bitcoin Rewards Post-Halving


This weekend’s figures indicate that bitcoin miners are nearing a critical threshold, with fewer than 25,000 blocks remaining before the anticipated halving event. Once this milestone is reached, bitcoin miners’ rewards for each block, excluding transaction fees, will decrease...

Ripple (XRP) achieves a milestone: What does this mean for investors?


The XRP ledger manifests significant growth with an incredible 5 million accounts. Also, these accounts contain somewhere close to a massive 60 billion XRP tokens. Regulation changes, market sentiment, and supply and demand influence XRP’s price intensely. Therefore, this price rise isn’t related...

Friend.tech's Revenue Growth Exceeds 10,000 ETH Milestone


Base-based, Twitter-linked decentralized social network Friend.tech is approaching ETH 11,000 in protocol fees. Friend.tech is a Social-Fi decentralised application (dapp) deployed on Coinbase’s Base. According to Dune Analytics, the total protocol fees hit ETH 10,727.622 (or $17,606,837), where...

Bitcoin Ordinal Inscriptions Cool Down After Historic Peak


Bitcoin Ordinal inscriptions have tapered off markedly since September 24, 2023, following a historic peak on September 15. This deceleration emerges as inscriptions nestled within the Bitcoin blockchain verge on the notable 35 million milestone. A Look at Bitcoin’s Recent Inscription Decline...

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