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BAYC’s fall from grace: Analyzing the decline of an NFT giant


Industry giant BAYC is reportedly on the verge of collapse. This comes after BAYC declined from 150Ξ to 8Ξ. A total of two factors have been identified as core reasons behind this decline: minting at a bonding curve price and the departure of Gordon Goner, the original founder of the...

Marketnode Secures Series A Funding Led by Financial Services Giant HSBC


On Thursday, Singapore’s Marketnode, a digital market infrastructure operator, secured funding for its Series A financing round led by HSBC, the British multinational universal bank and financial services group. The exact amount raised during the Series A funding was not disclosed. HSBC Joins...

Japanese E-commerce Giant Mercari Launches Ethereum Trading


The Japanese e-commerce giant Mercari has taken another step into the crypto sphere by launching Ethereum (ETH) trading services on its app. The post Japanese E-commerce Giant Mercari Launches Ethereum Trading appeared first on Cryptonews

Jupiter exchange launches groundbreaking Giant Unified Market initiative


Today is the start of the Giant Unified Market (GUM) project, which aims at consolidating all possible markets into one atomic market that everyone can access. This expansive project will leverage the Solana blockchain and the Jupiter environment; it will also have the backing of leading players...

SushiXSwap v2 upgrade: A giant leap in cross-chain swaps!


SushiXSwap, an unprecedented platform with the capability of exchanging tokens across different blockchains, has just released a new version, the SushiXSwap v2. The new iteration, which was born in 2022, has a lot of new improvements that build up on the old version, leading to its evolution. ...

Latam E-Commerce Giant Mercado Libre Holds $40 Million in Crypto


Mercado Libre, one of the biggest e-commerce platforms in Latam, has disclosed it holds over $40 million in cryptocurrency, according to its Q1 2024 filings. The company disclosed that it held 412.7 bitcoin (BTC) and 3,041.6 ethereum (ETH), by March 31. However, Mercado Libre does not own these...

Is XRP the crypto sleeping giant ready to awaken?


Unlike traditional cryptocurrencies, which seek to decentralize financial transactions and function as peer-to-peer electronic payment systems, XRP is different from these in the crypto market. While decentralization and anonymity are the main features of many cryptocurrencies, XRP emphasizes...

Chinese AI Startups Take on Industry Giant OpenAI


A new wave of AI startups in China is rising to challenge OpenAI's dominance in the generative AI market. With ChatGPT unavailable in China, companies like Zhipu AI, Moonshot AI, and MiniMax are developing AI systems for content creation, attracting major...

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