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Opensea Phases Out BNB Smart Chain Support, Citing Resource Alignment With Promising Efforts
19.8.2023
One of the largest non-fungible token (NFT) platforms, Opensea, has declared its decision to withdraw BNB Smart Chain (BSC) support. Opensea revealed that the “cost to continue supporting BSC outweighs the impact.” Opensea Pivots Away From BNB Smart Chain in Strategy Re-evaluation...
Kenyan Residents Asked to Participate in a ‘Public Survey on Virtual Assets’
18.8.2023
Kenya residents who wish to shape their country’s policy towards the crypto ecosystem can now do so by participating in a public survey on virtual assets and virtual assets service providers, the Financial Reporting Centre (FRC) has said. The FRC says the public’s feedback “will...
Shiba Inu Developers Launch Shibarium, Ushering In New Era of Growth for SHIB Ecosystem
16.8.2023
Shiba Inu developers have launched their highly anticipated, purpose-built Ethereum layer-2 scaling solution Shibarium, ushering in a new era of growth for one of the crypto industry’s largest decentralized communities.
The launch announcement was made at the Blockchain Futurist Conference/ETH...
Paypal Pauses UK Crypto Purchases Amid Regulatory Changes; Assures Resumption in Early 2024
16.8.2023
In recent communications to its U.K. clientele, Paypal has announced a temporary suspension of cryptocurrency purchases starting October 1, 2023, with plans to resume in early 2024. Notably, even amidst this hiatus, users can continue to hold their crypto within the Paypal ecosystem and are free...
Base’s Rapid Ascent: 136,000 Daily Users and $175 Million TVL in Ethereum’s L2 Defi Space
11.8.2023
Base, the Ethereum layer two (L2) scaling solution supported by Coinbase, has experienced over $175 million funneled into its decentralized finance (defi) protocol since its creation. The majority of value locked comprises 75,244 ether and nearly $26 million worth of the USDC stablecoin....
CRV exposure risk throws a curveball at the DeFi ecosystem: Finance Redefined
4.8.2023
Most DeFi tokens traded in the red on weekly charts due to the chaos caused by the Curve Finance exploit
How liquid staking can potentially harm the Ethereum ecosystem: HashKey report
3.8.2023
HashKey Capital highlighted risks such as reduced competition, increased risk of censorship, decreased security and collusion by big players
Shiba Inu Takes Step to Become DeFi Contender, Will Add Digital IDs to Ecosystem Projects
3.8.2023
Digital identity verification will be a part of all Shiba Inu developments in the future, including on the upcoming Shibarium layer 2 blockchain
Nurturing India’s Web3 ecosystem at the India Blockchain Tour Chennai
31.7.2023
Introducing the India Blockchain Tour 2023, bigger and bolder than ever before! Get ready for an exhilarating series of events sweeping across India’s most dynamic crypto hotspots. Bringing you an exclusive event presented by Bitget, the world’s leading copy-trading exchange,...
Vyper vulnerability exposes DeFi ecosystem to stress tests
30.7.2023
A number of pools using Vyper have been exploited due to a malfunctioning reentrancy lock that potentially exposes all pools with wrapped Ether (WETH)
KIN Token Surges Over 20% After Vote to Burn 70% of Supply Passes
28.7.2023
The token climbed on news that about 7 trillion KIN tokens worth $156 million will be burned
Crypto’s Newest Sector: Telegram Bot Coin Economy Swells to $138 Million
25.7.2023
A new player has emerged in the constantly evolving cryptocurrency market: Telegram bot coins. These crypto assets, used within Telegram’s ecosystem, are leveraged to facilitate automated trades for users on decentralized exchange (dex) platforms. These distinctive crypto assets have turned...
BCH Ecosystem Fund Bolsters Cashtokens Ecosystem With $20 Million Investment
24.7.2023
PRESS RELEASE. Dubai, July 24, 2023 – The BCH Ecosystem Fund has announced a significant $20 million investment in the Cashtokens ecosystem, following unanimous approval during the Bitcoin Cash (BCH) Network Upgrade on May 15, 2023. The Cashtokens protocol holds the potential to create...
Code Wallet Aims for Fresh Start on Solana After Messy Tale of Kik and KIN
19.7.2023
Kik, the instant messaging app, founded KIN in 2017 but was forced to pay $5 million settlement to the SEC
Polygon Labs Unveils ‘Hyperproductive’ Token POL, Poised to Replace MATIC and Boost Ecosystem Rewards
18.7.2023
Polygon Labs, the team behind the Polygon blockchain network, has introduced a third-generation token that could replace the native cryptocurrency, MATIC, with a “hyperproductive” digital currency named POL. If the POL concept gains approval, validators can earn rewards from staking...
Venezuelan Crypto Ecosystem Still in Shambles 4 Months After Sunacrip Intervention
18.7.2023
The Venezuelan cryptocurrency ecosystem remains on shaky ground four months after the intervention of national crypto watchdog Sunacrip, and the arrest of its head, Joselit Ramirez, due to alleged participation in a $20 billion corruption scandal involving the undeclared sale of crude oil...
Celo blockchain proposes return to Ethereum ecosystem, transition to L2
16.7.2023
According to cLabs, the Celo transition would include leveraging OP Stack as the architecture to become an Ethereum L2 blockchain
Aaron Kong, Growth & Strategy Lead at Osmosis Labs, on The Cosmos Ecosystem, Decentralized Exchanges, and Interoperability | Ep. 247
14.7.2023
In an exclusive interview with cryptonews.com, Aaron Kong, Growth & Strategy Lead at Osmosis Labs, talks about Cosmos, Osmosis, how DEXes can outcompete centralized exchanges, and the future of blockchain interoperability and composability....
Read More: Aaron Kong, Growth & Strategy Lead...
Crypto Market Remains in ‘Bitcoin Season’ as ‘Altcoin Season’ Drought Hits Record Two-Year Mark
11.7.2023
According to data, the cryptocurrency ecosystem has endured its longest stretch without an altcoin season. So far, it has been more than two years without an altcoin season, and there have been no signals indicating one might emerge. Altcoin Season Eludes Cryptocurrency Market for 2 Years Recently...
KAVA passes proposal to have Stargate in the ecosystem
10.7.2023
Kava Origin Foundation earlier proposed to host Stargate in the ecosystem. The community has passed the proposal by a huge margin. An exact figure is yet to be shared. Rest assured, the integration is going live in the days to come, and Kava has announced this news. The Foundation has requested...