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Tune.FM, Music Streaming Project on Hedera Blockchain, Gets $50M Capital Commitment
12.9.2024
The news comes just eight months after Tune.FM shared it had raised $20 million in a funding round
Will Trump and Harris Debate Again? Polymarket Bets Say There’s a 60% Chance
12.9.2024
According to Polymarket’s betting odds, there’s a 60% chance we’ll see another debate between former President Donald Trump and Vice President Kamala Harris, even though no additional debates are currently scheduled beyond the one held on Sept. 10, 2024. Bettors Place Their Bets on a Second...
1inch Network releases cross-chain innovation white paper
12.9.2024
The white paper comes shortly after Polygon Labs and Ethereum co-founder Vitalik Buterin revealed new cross-chain interoperability solutions
Rebranded Fantom Project, Sonic Labs, Set to Redefine Blockchain Speed With 720ms Finality
12.9.2024
Earlier this year, the blockchain project previously known as Fantom rebranded as Sonic Labs, generating significant buzz within the crypto community. Recently, Sonic Labs’ chief technology officer Andre Cronje showcased the network’s testnet performance, highlighting a transaction finality of...
Mining New Bitcoin Is More Difficult Than Ever. Here's How it Could Impact BTC Prices
12.9.2024
The next difficulty adjustment is expected to decrease mining difficulty, potentially relieving some pressure on miners. But market sentiment and broader financial conditions could influence bitcoin's price, with possible selling pressure if the overall market weakens
DOGS memecoin ease of access can be a ‘double-edged sword’
12.9.2024
Bitget CEO Gracy Chen believes that despite DOGS memecoin's record-breaking adoption, its ease of access for non-crypto natives may hinder its long-term success
Uniswap CEO denies bribe allegations for protocol deployment
12.9.2024
The reaction comes after users took to X to complain about Uniswap asking for as much as $20 million for protocol deployment.
Vega L1 Blockchain to Shut Down, $VEGA Withdrawal Until Oct 27
12.9.2024
The core team members of Vega Protocol have decided to shut down its L1 blockchain after the community…
Blockchain music startup Tune.fm raises $50M from Global Emerging Markets
12.9.2024
The fresh capital brings Tune.fm's total funding to $80 million. The funds will be used to reward artists and users within the platform
India, Nigeria, Indonesia Lead Chainalysis 2024 Crypto Adoption Index
12.9.2024
India, Nigeria, and Indonesia top Chainalysis’ latest global crypto adoption index, which ranks 151 countries based on grassroots cryptocurrency usage, adjusted for population and purchasing power. The report notes strong growth in crypto activity, particularly in lower-income nations....
Protocol Village: Flight-Tracking DePIN Protocol Wingbits Raises $3.5M
12.9.2024
Open Oracle Network DIA Launches Lumina to Bolster Web3 Data Infrastructure
12.9.2024
DIA, an open oracle network, has launched a new oracle architecture called Lumina. The design aims to enhance trustless data infrastructure for Web3, offering improvements in scalability and decentralization. DIA Introduces Lumina: A New Trustless Oracle Architecture According to the statement...
Cleanspark Expands Bitcoin Mining Operations by Acquiring 7 Tennessee Facilities
11.9.2024
Cleanspark Inc. has unveiled plans to acquire seven bitcoin mining facilities in Knoxville, Tennessee. The $27.5 million deal is expected to boost the company’s current mining capacity by 5 exahash per second (EH/s) by 2024, representing a 22% increase in its operational hashrate. Cleanspark...
Young consumers may be getting bored with blockchain loyalty reward programs
11.9.2024
Mini-dApps, microgames, and the burgeoning prediction markets sector appear to be the most popular methods for retaining engagement
Grayscale Launches SUI Trust for Accredited Investors
11.9.2024
On Sept. 11, Grayscale, the digital asset manager, revealed that its SUI Trust is now available to accredited investors eager for SUI exposure. The SUI token, native to the Sui blockchain, powers a layer one (L1) network designed to provide quick transactions and affordable fees. Developed...
Payment Processors Paypal and Venmo Now Support ENS Domains
11.9.2024
Ethereum Name Service (ENS) has announced that the payment giants Paypal and Venmo have integrated support for ENS domain names. This integration enables users to employ Paypal and Venmo to transmit crypto assets to an ENS address. Paypal and Venmo Roll out ENS Support On Tuesday, ENS shared on...
Ford, Toyota double down on blockchain as driverless car tech stagnates
11.9.2024
The automakers led the field in blockchain technology patent filings for Q2 2024
Bitcoin’s All-Time High Difficulty Challenges Miners as Revenue Falls
11.9.2024
On Sept. 10, Bitcoin’s mining difficulty rose 3.58% higher bringing the network’s difficulty to a new all-time high of 92.67 trillion. The news follows Bitcoin’s overall hashrate rising near the 700 exahash per second (EH/s) range when it tapped 693 EH/s. Rising Bitcoin...
Friend.tech team sold $52M in 6 months, faces rug pull allegations
11.9.2024
The Friend.tech team said on Sept. 10 that they have no plans to discontinue their website application.
Chainlink dominance challenged by Pyth’s 46X growth in 2024
11.9.2024
While Chainlink retains a strong lead, Pyth’s rapid rise in Total Value Secured hints at shifting dynamics in the Oracle market