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zkLink unveils $20M grant program for Layer 3 builders
12.3.2024
zkLink, a Zero-knowledge Layer 3 framework provider, has introduced a 20,000,000 $ZKL grant project for backing builders creating on zkLink. This grant project encourages inventiveness and improvement in the zkLing ecosystem by offering financial backing targeting builders engaged with projects...
‘Web3 Gaming Offers a Pathway to a More Inclusive and Vibrant Gaming Ecosystem’ — Weiwei Geng
12.3.2024
While the traditional gaming industry’s free-to-play model is largely credited for its past and projected success, on the downside this model only prioritizes building games that “optimize for addiction and profit maximisation” rather than “innovative entertainment,”...
Nexon’s MMORPG MapleStory to Launch Web3 Version on Avalanche
12.3.2024
South Korean videogame developer Nexon to launch a web3 version of its MMORPG MapleStory on the Avalanche blockchain, introducing user-generated content and new gameplay mechanics.
The post Nexon’s MMORPG MapleStory to Launch Web3 Version on Avalanche appeared first on Cryptonews
El Salvador Is Sitting on $84M Profit From Its Bitcoin Holdings
12.3.2024
President Nayib Bukele said in an X post that the Central American nation is earning bitcoin revenue from four different avenues
Coinbase Sues SEC for Crypto Rulemaking Refusal, Calls for Clarity
12.3.2024
Coinbase takes legal action against the SEC, pressing for a court order to compel the regulatory body to start developing specific rules for crypto operations and oversight.
The post Coinbase Sues SEC for Crypto Rulemaking Refusal, Calls for Clarity appeared first on Cryptonews
This Bitcoin Bull Run Is Breeding Millionaire Whales at Slower Pace, Data Show
12.3.2024
Currently, less than 2,000 millionaires, or wallets with $1 million worth of bitcoin, are created daily. That's significantly lower than the 2020-21 bull run
French Teenagers Turning to Crypto Investment – Report
12.3.2024
French teenagers are more likely to invest in crypto than older citizens in the country, a report has claimed.
The post French Teenagers Turning to Crypto Investment – Report appeared first on Cryptonews
Arbitrum to Unlock $2.32 Billion in Vested ARB Tokens on March 16
12.3.2024
Arbitrum, a Layer-2 blockchain network, is gearing up to release $2.32 billion worth of vested Arbitrum ARB tokens on March 16.
The post Arbitrum to Unlock $2.32 Billion in Vested ARB Tokens on March 16 appeared first on Cryptonews
South Korean Law Firm Chief Jailed for Stealing Customer Money to Invest in Crypto
12.3.2024
A South Korean law firm operator was jailed in Busan on March 11 after they were found guilty of stealing clients’ money to spend on crypto investments.
The post South Korean Law Firm Chief Jailed for Stealing Customer Money to Invest in Crypto appeared first on Cryptonews
President Biden Proposes Crypto Mining Tax and Wash Sale Rule in 2025 Budget Proposal
11.3.2024
President Biden's 2025 budget proposal aims to introduce a crypto mining tax and close the wash sale loophole for digital assets. The move faces opposition from House Republicans, who criticize the administration's spending. As the 2024 presidential race heats up, the outcome could shape the future...
Former BlockFi CEO Announces New Career Path – And Settles Lost Bet On His Company’s Bankruptcy
11.3.2024
Zac Prince, the former BlockFi CEO, is breaking into real estate tech now that his defunct crypto lending firm is on a safe path to recovery.
The post Former BlockFi CEO Announces New Career Path – And Settles Lost Bet On His Company’s Bankruptcy appeared first on Cryptonews
Eclipse Labs Raises $50M for Blockchain Scaling Solution Ahead of Mainnet Launch
11.3.2024
Eclipse Labs, a multilayered blockchain builder, has raised $50 million in funding to fuel the launch of its innovative solution for scaling the Ethereum network. The announcement was made on March 11 via the X (formerly Twitter) handle, just weeks before the highly anticipated mainnet launch.
The...
Despite Crypto Uptick, Paypal’s PYUSD Stays Quiet in the Top Ten Stablecoin Race
11.3.2024
In the last day, the global trading volume has hit $203 billion, with stablecoins accounting for an impressive $133 billion of that total. Among the array of stablecoin assets tied to the U.S. dollar, Paypal’s PYUSD has emerged as a top ten player. Yet, despite the ongoing cryptocurrency...
Bitcoin Asset Protocol BRC-20 Enhances Governance with New Maintainers
11.3.2024
The BRC-20 protocol, a well-known standard for creating tokens on the Bitcoin blockchain, underwent a major overhaul in its governance structure. This strategic move aims to foster a more decentralized and collaborative future for the protocol.
The post Bitcoin Asset Protocol BRC-20 Enhances...
UAE Integrates Cardano Blockchain for Enhanced Criminal Investigation Security
11.3.2024
The United Arab Emirates (UAE) has integrated Cardano blockchain technology to ensure security in criminal investigations. During the World Police Summit in Dubai from March 5 to March 7, 2024, the Dubai police showcased a flagship project based on Cardano.
The post UAE Integrates Cardano...
From RBN to FLOKI: This Week’s Crypto Winners and Losers
11.3.2024
While bitcoin and ethereum have gathered 8.9% and 13.5% gains against the U.S. dollar this week, a large handful of crypto assets recorded double-digit rises. At present, the crypto economy is now valued at $2.72 trillion, up 3.62% over the past day. Crypto Economy Swells to $2.72 Trillion...
Solana DeFi's KMNO Airdrop Sparked Outrage. Kamino Responded With Changes
11.3.2024
Kamino is trying to quell days of angst after it revealed key details for April's KMNO airdrop
VanEck Temporarily Cuts Bitcoin ETF Fee to Zero After Lagging in Assets
11.3.2024
HODL, VanEck’s spot bitcoin exchange-traded fund (ETF), has so far attracted a little over $305 million in assets, which is far below most of its competitors
'Bitcoin is Going to Eat Gold': MicroStrategy’s Michael Saylor
11.3.2024
Appearing on CNBC after his company on Monday announced the purchase of an additional 12,000 of bitcoin {{BTC]], MicroStrategy (MSTR) Executive Chairman Michael Saylor said the crypto will be a much more valuable asset than gold in the future
With Mastercard, MetaMask Tests First Blockchain-Powered Payment Card
11.3.2024
It would be "the first ever truly decentralized web3 payment solution," allowing users to spend their crypto "on everyday purchases, everywhere cards are accepted," according to marketing materials CoinDesk reviewed