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Nigerian Crypto Startup Reveals Closure of $2.3 Million Strategic Funding Round
17.1.2024
The Nigerian crypto startup revealed on Jan. 16 that the firm had closed a $2.3 million strategic fund to finance the acquisition of operating licenses from different African regulators. Canza Finance said it hopes the new licenses and the defi platform will help it achieve its goal of lowering...
Tether partners with rhino.fi to improve cross-chain transactions
17.1.2024
Tether and rhino.fi form a strategic partnership to enhance cross-chain transactions and increase user awareness of USDT in the DeFi domain. This affiliation will enhance USDT connectivity across primary Layer 1 blockchain and Layer 2 rollups. Tether, for its part, is the most prominent...
After a $3.3M attack, SocketDotTech Protocol releases statement
17.1.2024
Socket recently released an official statement addressing its security incident. The protocol experienced a 3.3 million-dollar attack recently. The tweet by Socket stated that the team has identified the issue and has already paused the affected contracts. The protocol also assured users that...
Solana’s competitor, Priced at $0.08, is ready to top the Market Cap of SOL
17.1.2024
As crypto enters a new era, an unlikely challenger has emerged to take the crown from the troubled kingdom of Solana. Read on as we dive into the surging growth of Retik Finance (RETIK) and explore how this young upstart could soon become crypto’s reigning DeFi leader. Emerging Crypto Project...
CCIP integrates Circle’s CCTP for cross-chain USDC transfers
17.1.2024
To offer users a safe and dependable method to transfer USDC across chains, Chainlink has announced the integration of two industry standards: the Chainlink Cross-Chain Interoperability Protocol (CCIP) and Circle’s Cross-Chain Transfer Protocol (CCTP). Using Chainlink CCIP, developers can...
DeFi Fumbled Its Post-FTX Advantage in 2023, but There’s Still Hope for 2024
16.1.2024
Magnus Carlsen and Animoca Brands Begin Phased Launch of Decentralized Chess Game
16.1.2024
Game software development company Animoca Brands has begun the phased launch of its decentralized chess strategy video game, Anichess, in partnership with Norwegian chess grandmaster, Magnus Carlsen, the company announced today. A “spellbinding strategy game” According to a Tuesday...
Web3 Music Startup TRAX Raises $2.9M in Decentralized Funding Round + More Crypto News
16.1.2024
Source: AdobeStock / Prostock-studio Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In this edition: TRAX Crypto News: $2.9M Raised in Decentralized Funding Round KuCoin Labs Partners with ETGM...
Kado launches Archway Ecosystem fiat on-ramp
16.1.2024
As the leading Web3 payment provider, Kado facilitates the connection between developers and the Archway Ecosystem, granting its consumers the ability to convert fiat to Arch. One needs to acquire ARCH to pay transaction fees to interact with the Archway ecosystem. The onboarding process was long...
Circle publishes a report for the USDC State of Economy
16.1.2024
Circle has published a report titled State of the USDC Economy. The goal is to talk about how far stablecoin has come since its inception in 2018. A few months of the previous year, that is, 2023, were pretty hard on its market cap, especially with a drop of ~60% that brought the value down …
Manta Pacific Replaces Base as Fourth Largest Scaling Solution: L2Beat
16.1.2024
Manta Pacific is the native layer 2 of the Manta Network
Is It Too Late to Buy Ethereum Name Service? ENS Price Doubles as New Bitcoin Mining Protocol Goes Viral
15.1.2024
As decentralized naming systems gain traction, Ethereum Name Service has seen ENS price double, leaving some FOMO investors asking is it too late to buy Ethereum name service – find out in ENS price analysis. The bullish moves come after Ethereum founder Vitalik Buterin commented that ENS...
Rating Agency Moody’s Report Highlights Tech Risks In Growing Tokenized Funds
15.1.2024
Source: Getty Images Moody’s Investor Services, a credit ratings and research provider, on Monday, highlighted the inherent tech risks associated with growing tokenized funds. Moody’s DeFi and Digital Assets expert team flagged the need for additional expertise in managing tokenized...
Federal Reserve’s Rate Cut Could Spark Institutional Interest in DeFi and Stablecoins, Fidelity Predicts
15.1.2024
The United States Federal Reserve’s potential interest rate cut could reignite major institutional interest in decentralized finance (DeFi) and stablecoins, according to asset manager Fidelity. In their recently released 2024 Digital Assets Look Ahead report, Fidelity suggests that this...
Investors Rush To Buy Retik Finance (RETIK) Presale As Stage 5 Approaches Closure
15.1.2024
Few presales have recently captured investor attention quite like Retik Finance (RETIK). This ambitious DeFi project, promising a seamless fusion of traditional and digital finance, has witnessed a remarkable surge in demand, with its presale stages selling out at breakneck speed. But what exactly...
This Solana (SOL) Rival token is ready to pump 50x in 2024, currently at a cheap price of only $0.07
14.1.2024
People are always on the lookout for the next big investment opportunity, and one name that’s been getting attention is Retik Finance. It’s a decentralised finance (DeFi) platform that could be a rival to the well-known Solana (SOL). Right now, it’s priced at only $0.070, making...
Can the Polkadot Ecosystem Blossom? Toncoin and InQubeta Anticipate Significant Development
12.1.2024
Polkadot’s (DOT) founder, Gavin Wood, recently introduced Polkadot 2.0. This approach uses core time rentals to become flexible and is an excellent addition to its ecosystem. Meanwhile, Toncoin (TON) and InQubeta (QUBE) are notable DeFi projects positioned to drive significant development...
More Institutions Will Look to DeFi for Regulated Solutions in 2024 + More Crypto News
12.1.2024
Source: Night Crows Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In this edition: In 2024, More Institutions Will Look to DeFi for Regulated Solutions – Swarm Co-founder Bitmain Raises...
Is Internet Computer Crashing? ICP Price Drops 8% as This Bitcoin Mining Protocol Takes All the Attention
12.1.2024
Leading decentralized data protocol Internet Computer has witnessed a sudden -8% drop in ICP price, and with panicked holders asking ‘Is Internet Computer Crashing?’ explore this ICP price analysis to find out. This comes amid excitement in the crypto community for Bitfinity layer-2...
Coinbase’s Rollup Base Updates Roadmap and Goals for 2024
12.1.2024
Base, the Coinbase incubated rollup, has updated its roadmap and goals for 2024. In a blog post, Base informed that it will not only focus on building a development platform but on fostering the decentralization of such an environment, building on-chain apps, and bringing liquidity to...