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Value Locked in Defi Descends Below $50B Range 9 Days After 2023 High
23.4.2023
The total value locked in decentralized finance (defi) has descended below the $50 billion range after reaching a 2023 high of $53.63 billion on April 14. This shift has been felt across the board with the top 18 defi protocols recording losses during the past seven days, and the largest defi...
Iranian Professor: Saudi Arabia May Join De-Dollarization Shift as US Dollar Is Now ‘Unreliable and Dangerous’
21.4.2023
A University of Tehran professor and member of Iran’s Presidential Delegation to China has stressed the importance of de-dollarization for the international community. “The dollar has been used as a weapon by the U.S. against different countries. It is unreliable and it is dangerous,”...
Embracing the shift in Web3 gaming: From play-to-earn to play-and-earn
19.4.2023
As the industry evolves, there's a paradigm shift from the traditional play-to-earn (P2E) model to a more sustainable and inclusive play-and-earn (PAE) approach
Roubini: We’re Shifting to ‘Bipolar’ Global Reserve Currency System With Chinese Yuan as Alternative to US Dollar
12.4.2023
Economist Nouriel Roubini, also known as “Dr. Doom,” predicts that the global reserve currency system will shift from unipolar to bipolar. He expects most countries that attempt to reduce their reliance on the U.S. dollar to propose the Chinese yuan as an alternative to the USD. Roubini...
Ronin to execute updates regarding slashing rules during the DPoS shift
11.4.2023
Ronin recently announced two key updates to ensure a smooth transition to the DPoS upgrade. The network will pause the Ronin bridge and update its slashing rules during the shift. The bridge will be paused to prevent unexpected issues during the sift. The pause will be brief and will be executed...
Biggest Movers: DOGE Extends Declines on Thursday, Falling by Nearly 9%
6.4.2023
Dogecoin was one of Thursday’s biggest movers, as the meme coin fell by as much as 9%. The decline comes as market sentiment begins to shift, following huge gains to start the week. Litecoin was also in the red today, with prices hovering near the $90.00 level. Dogecoin (DOGE) Dogecoin...
Fresh Supply Co ready to shift to the HBAR foundation
31.3.2023
On March 30, the HBAR foundation took to Twitter to announce that Fresh Supply Co (FSCO) has migrated from the Mastercard blockchain to the Hedera network for real-world asset tokenization. Conventionally, the financiers were limited to financial reports and profit-and-loss balance sheets during...
Stablecoin Supply Shift: TUSD Jumps 110% While Others Experience Reductions
30.3.2023
Four stablecoins have reduced their supplies this month, while the stablecoin token TrueUSD (TUSD) has seen its supply jump 110% higher over the last 30 days. TUSD resides natively on four different blockchains. The number of Ethereum-based TUSD rose 27%, while the number of Tron-based TUSD...
Analyst Predicts Gold Prices Might Exceed $8,000 in the Next Decade as Central Banks Lose Confidence in Foreign Currency
27.3.2023
Jan Nieuwenhuijs, a gold market analyst, has predicted that gold might exceed prices of $8,000 during the next decade, as the current Ukraine-Russia war, and the worldwide battle against inflation, shift the preference of central banks for foreign currencies to gold. The proposed long-term price...
Post-SVB market dynamics show a shift in consumers
24.3.2023
SVB collapsed days after it was crowned one of the best banks in the United States of America. Attempts are underway to find a way for customers not to lose money. It was not a day’s work that exposed the delicacies of the US banking infrastructure but something that was months in the making....
Neopets Metaverse announces a shift to Polygon
21.3.2023
Polygon will soon host the digital collectibles of the Neopets Metaverse. The same was announced by Neopets Metaverse on Twitter, where this step was called a major milestone. A reason for allotting this tag to the development is that it perfectly aligns with its ambition of onboarding one hundred...
Crypto Companies Shift Funds to Asset Managers Including Fidelity Amidst Banking Turmoil
15.3.2023
Crypto companies are moving their money from banks to asset managers as the turmoil in global banks continue, but industry insiders don’t see the bank failures as the end of banking for the crypto sector.
The turmoil in the banking industry has so far led to three major bank failures in the...
Crypto Payroll Firm Toku Raises $20 Million Amid Industry-Wide Shift Towards Compliance
9.3.2023
Toku, a startup specializing in token-based payroll and tax compliance, has successfully raised $20 million in funding. The company's unique approach is designed to assist crypto businesses in maintaining regulatory compliance amidst increased scrutiny from regulators. With its innovative...
Frax’s shift to a fully backed stablecoin signals the end of DeFi’s algorithmic experiment
6.3.2023
The sun sets on algorithmic stablecoins as Frax shifts to a fully-backed model
Justin Sun Says Hong Kong’s New Licensing Regime Could Shift Policy in Mainland China, Eventually
1.3.2023
In the interim, if granted the VASP license, the Tron founder says Houbi will launch a new exchange, Huobi Hong Kong, so as to comply with regulators
Opensea Drops Fees to Zero and Announces New Creator Earnings Model in Response to Shifting NFT Landscape
18.2.2023
The largest marketplace for non-fungible tokens (NFTs), Opensea, has announced major changes to its fee structure and policies in response to a shift in the NFT ecosystem. The company detailed that it will drop fees to zero for a limited time and offer an optional creator earnings model with...
Xbox Just Dropped A Gorgeous New Galaxy-Inspired Controller
7.2.2023
You can keep your console wars, I just want the pretty peripherals. Xbox keeps providing them with their latest controller color scheme, Stellar Shift, and I can’t help but wonder if Xbox looked at the space-themed PlayStation controllers from a few years back and went, “Yeahhhh, we can do that...
Rumor has it that Dogecoin could shift to proof-of-stake — What does that mean for miners?
31.1.2023
Dogecoin shifting to proof-of-stake would be good for the environment, but what impact would it have on miners and ASIC manufacturers?
Matrixport Joins Growing List of Crypto and Blockchain Companies Letting Employees Go
28.1.2023
The crypto firm Matrixport, led by former Bitmain CEO Jihan Wu, is laying off 10% of the company’s staff, according to reports published on Friday. Matrixport’s COO, Cynthia Wu, cited a “shift in the regulatory climate” and “industry-wide capitulations”...
Wormhole hacker moves $155M in biggest shift of stolen funds in months
24.1.2023
Blockchain transaction history shows that the hacker transferred the funds onto a DEX and then went on to cycle funds around different DeFi protocols