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The Memecoin Frenzy Has Ignited a Scalability Arms Race


Following a spell of TradFi breakthroughs, all-time highs, and intense optimism in the crypto industry, selling pressure across most major cryptocurrencies are slowly beginning to ease, with trading volumes submitting to more tenable growth levels. Amidst this growth, one category-defying group...

Rising NFT Sales Highlight Market Recovery: $133M in Weekly Sales Recorded


During the week of June 1-8, 2024, non-fungible token (NFT) sales experienced an increase compared to the previous week. NFT sales reached $133.19 million, a rise of 7.51%. NFT Market Gains 7.51% This Week This week’s NFT sales showed a 7.51% increase after several weeks of decline. The seven-day...

ETFs See 18 Days of Gains: Blackrock’s Bitcoin Holdings Surpass 300,000


Blackrock, the world’s largest asset manager, now holds more than 300,000 bitcoins following $217.7 million in positive inflows from all of the U.S. spot bitcoin exchange-traded funds (ETFs). Thursday’s inflows marked the 18th consecutive day of gains for the bitcoin ETFs. Bitcoin...

Telegram unveils Telegram Stars: A digital mini-app payment gateway


Telegram has shifted its ground in the digital market by recently launching Telegram Stars, a new way of payment within the application. The social network’s CEO, Pavel Durov, announced this new feature, explaining that with its help, users can easily purchase various digital goods...

OKX and McLaren F1 Team to launch ‘Race Rewind’ digital collectibles


A new digital collectible series called “Race Rewind” will be released by OKX, a cryptocurrency exchange, and the McLaren Formula 1 Team. This will give fans a chance to win special McLaren prizes. The extravagant event is to take place soon, and the ardent admirers of F1 will be able...

Report: Kraken Considers IPO Amid Renewed Investor Interest


Kraken, one of the oldest cryptocurrency exchanges, is considering a final funding round ahead of a possible initial public offering (IPO) as soon as next year, according to Bloomberg. This move follows renewed interest from investors during the current digital-asset market rally and a perceived...

Unstoppable Domains and Blockchain.com Partner for DNS-Enabled Web3 Domain


Unstoppable Domains and Blockchain.com have announced a collaboration to create a DNS-enabled Web3 domain. The initiative aims to integrate Web3 domains into the traditional web ecosystem through an application with the Internet Corporation for Assigned Names and Numbers (ICANN). Unstoppable...

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