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Avalanche Announces Eligibility Criteria for Meme Coin Purchasing Program
25.1.2024
The Avalanche Foundation, a non-profit organization seeking to support the avalanche ecosystem, has announced the rules covering its already active meme coin purchasing program. The institution has defined the holder count, concentration, liquidity, liquidity providers, lifespan, and market...
MetaMask Plugin Connects Hedera Network with 30 Million Monthly Users
16.1.2024
Source: AdobeStock / bilal ulker The MetaMask Snaps plugin, which provides access to the popular MetaMask wallet’s 30 million monthly active users, is now available on the open-source, proof-of-stake network Hedera. This Hedera Wallet Snap plugin, built by Tuum Technologies, enables...
Chinese ‘Criminals Used Digital Yuan to Launder Money’ – Prosecutors
16.1.2024
Source: dule964Adobe Chinese law enforcers say they have shut down a gang that was using digital yuan wallets to launder money. Per the media outlet The Paper, the gang was allegedly active in the Yuecheng District, in the municipality of Shaoxing, Zhejiang Province. The Shaoxing Public Security...
Solana Ecosystem Boasts Over 2,500 Monthly Active Developers, Reports Solana Foundation
9.1.2024
Source: AdobeStock / Aleksandra Sova The Solana (SOL) ecosystem now boasts more than 2,500 monthly active developers, according to the Solana Foundation. In a comprehensive report released on January 9, the foundation highlighted that the network has maintained a consistent range of 2,500 to 3,000...
Bitcoin Adoption Soars: In-Person Vendors Accepting Bitcoin Triple in 2023
8.1.2024
Source: DALL·E The landscape of cryptocurrency usage is rapidly changing, with over 6,000 in-person vendors across the globe now accepting Bitcoin. According to BTC Map, the up-to-date number of merchants accepting Bitcoin holds steadily above 6,000, currently at 6,332 as of Jan. 8. In the past...
Web2 Platforms Aim To Make Web3 Development Easy, But Will This Hurt The Industry?
27.12.2023
Source: AdobeStock / Sergey Nivens Web3 activity has increased over the course of 2023. According to a recent report from DappRadar, the decentralized application industry (dApp) achieved a milestone of 3.4 million daily Unique Active Wallets (dUAW) in November. The report notes that this...
Survival of the Fittest: The Evolution and Consolidation of ASIC Bitcoin Mining Rig Makers
25.12.2023
Several years ago, the landscape of ASIC bitcoin mining producers was diverse. Yet, over the recent couple of years, a select few top manufacturers have sustained the production of bitcoin mining rigs. ASIC Mining’s Changing Landscape Once, numerous ASIC producers flourished, but today, only...
Crypto Analysts are Building a Position in This AI Token – What Do They Know?
21.12.2023
Launchpad XYZ is running an AI token presale while building AI tools to empower crypto investors with data-driven insights. Image by ginstudio, Adobe Stock. With over 8,000 active cryptocurrencies crowding the market, it can be an overwhelming task for investors to identify promising projects with...
Is it Too Late to Buy Near Protocol? Near Price is Up 20% as Meme Kombat Smashes $4M Raised
21.12.2023
As Near Protocol undertakes a huge +20% NEAR price surge, traders are asking ‘is it too late to buy Near Protocol?’. The big NEAR price move comes amid heightened activity and growth across Near Protocol. Today @NEARProtocol is #1 in daily active users across all of Web3 – super...
Gianluigi Buffon Invests in OQtima, Signaling a Shift in Sports-Finance Collaborations
19.12.2023
PRESS RELEASE. Renowned Italian football goalkeeper Gianluigi Buffon has recently confirmed his strategic investment in OQtima, an innovative online trading company, marking a significant departure from traditional sponsorship deals. Buffon’s active involvement in OQtima signifies a profound...
Blockchain-Based Private Credit Surges 55% as Companies Seek Financing Amid Rising Interest Rates
18.12.2023
Image Source: Pixabay More companies are turning to blockchain-based private credit as they seek financing amid increasing interest rates, leading to a significant surge in this sector. According to RWA.xyz, a platform that tracks debt, active private loans through digital ledgers have risen...
Swiss Crypto firm Valour to Introduce 20 New Crypto ETPs in 2024
5.12.2023
Source: Pixabay Valour, a subsidiary of DeFi Technologies, has revealed plans to introduce 20 new crypto exchange-traded products (ETPs). Announced Monday, the planned offerings include collaborations with foundations like the recent ICP ETP, thematic baskets, short and long-leverage products....
Bitcoin Hits Second-Highest Transaction Day Amid Price Surge, Record Influx of Ordinal Inscriptions
4.12.2023
Bitcoin marked its second most active day for transactions on December 3, 2023, as the cryptocurrency’s value soared past the $40K mark. This surge in activity comes closely after the record-setting day of November 19, 2023, when bitcoin miners validated 710,579 transactions. On Sunday...
Former Paxful CEO Ray Youssef Named CEO of Noones, a Financial Communication App – Here’s What You Need To Know
4.12.2023
Source: Adobe / Rizu Designs Former Paxful CEO Ray Youssef has been appointed as CEO of Noones, a financial communication app aimed at integrating the Global South into the world’s financial systems. Noones has announced the appointment of Ray Youssef as its CEO following its official launch...
3 Out of Every 4 Web3 Games Have Met Their Demise: CoinGecko Report
4.12.2023
Source: Adobe Stock / enchanted_fairy Three out of every four Web3 games launched in the past five years have met their demise, presenting a bleak outlook for GameFi industry. In a recent report, CoinGecko analyzed the launch and success rates of 2,817 games between 2018 and 2023. Shockingly...
Over 75% of Web3 games ‘failed’ in last five years: CoinGecko
30.11.2023
The “failed” blockchain games are those that have seen their 14-day moving average number of active users down more than 99% from its peak
Why Is Starfield Hemorrhaging Active Players?
28.11.2023
In the weeks following the launch of Skyrim developer Bethesda’s highly anticipated RPG Starfield, the game has caught a bit of attention for its plummeting player numbers on Steam. Its ranking from user reviews has also dropped on Valve’s digital storefront, falling from “Positive” into the pale...
Bitcoin and Ethereum rise in value as active supply dips
20.11.2023
The active supply of Bitcoin and Ethereum, the two dominant cryptocurrencies on the list, is at its lowest when it comes to active supply. The comparison is sharp compared to the numbers they demonstrated during their peak times. Interestingly, the development has come ahead of the halving process...
Ark Invest and 21Shares to Launch Digital Asset ETF Suite
9.11.2023
Source: 21Shares Cathie Wood’s Ark Invest, in partnership with 21Shares, is launching a suite of digital asset ETFs, focusing on Bitcoin and Ethereum futures and blockchain technology. The suite comprises five ETFs, including ARK 21Shares Active Bitcoin Futures Strategy ETF (ARKA) and ARK 21Shares...
Today in Crypto: opBNB Becomes 2nd Most Popular L2 per DAU, Ripple Reveals Upgraded Ripple Payments, Bitwala Relaunches With Striga’s Help
8.11.2023
Source: AdobeStock / JeanLuc Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Blockchain news BNB Chain’s Layer 2, opBNB, has experienced on-chain growth and became the second most popular L2...