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Tether Achieves Lifetime High With $86.51B Valuation; Tron Version Surpasses ETH in Several Metrics
10.11.2023
This week, the leading stablecoin by market capitalization attained a valuation of $86.51 billion, following a supply surge of 3.6% in the past month. Currently, the Tron network holds approximately 45.82 billion USDT, while the Ethereum blockchain is home to 40.02 billion tethers, with...
Polygon Labs Launches $90 Million Fund to Fuel Ecosystem Growth
10.11.2023
Polygon. Source: Adobe / Mahoa Creative Polygon’s development team Polygon Labs is reigniting network growth through a relaunched grant program featuring over $90 million in funding for aspiring Web3 founders. Per a blog post from the company on Thursday, the “Polygon Village 2.0” grant program...
Is It Too Late to Buy THORChain? RUNE Price Soars 33% as a Sleeper Meme Coin Approaches $1.5 million
10.11.2023
THORchain network’s native RUNE token has seen an impressive rally following a +33% pump, but with RUNE price trading high, investors are asking ‘is it too late to buy THORchain?’. The THORchain rally has been fuelled by incredible growth in Thorswap trading volumes, which...
Today in Crypto: Mining BTC For Free, Bitdeer is Preferred CSP in NVIDIA Partner Network, Gucci in The Sandbox
10.11.2023
Source: AdobeStock / Tim Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Mining news A public mining company mined bitcoin for free in Q3, according to the latest Miner Weekly report...
Court Approves Celsius Network’s Bankruptcy Exit, Transition to Bitcoin Miner
10.11.2023
The U.S. Bankruptcy Court has approved Celsius Network LLC’s transition from a failed crypto lender to a Bitcoin mining business, setting the stage for the company to begin repaying its customers. Judge Martin Glenn confirmed the company’s plan to compensate its creditors using a mix of digital...
Ethereum, Bitcoin users reignite scalability debate as gas fees surge
10.11.2023
Ethereum gas fees reportedly breached the $200-mark for certain high-priority transactions in the last 24 hours
Ripple Expands Payments Network to 70+ Crypto and Traditional Payout Markets
10.11.2023
Ripple has expanded its payments network to more than 70 crypto and traditional payout markets. “Accumulatively this adds up to 90% of the global foreign exchange market,” the company explained, highlighting that the Ripple network has facilitated over $30 billion in payment volume...
Celsius Bankruptcy Saga Nears Closure as Court Approves Restructuring Plan
9.11.2023
In a pivotal moment for Celsius Network LLC and its affiliates, the Southern District of New York Bankruptcy Court has issued a confirmation order for the modified joint Chapter 11 Plan of the crypto lender. The approval sets the stage for a significant overhaul following the tumultuous financial...
Bitcoin Fees Climb 150% in 3 Days as Block Space Grows More Expensive
9.11.2023
Transaction fees within the Bitcoin network have surged considerably, eclipsing the figures recorded merely three days prior. A transfer deemed high-priority, which formerly cost an average of $3.38, now demands a fee of $8.46. This significant increase was recorded on Thursday, November 9, 2023...
Polygon Labs Launches $85 Million Developer Fund to Attract Web3 Talent
9.11.2023
Polygon Labs launches major funding to draw blockchain developers. Image by akif, Adobe Stock. On Thursday, Ethereum scaling solution Polygon Labs announced the launch of an $85 million grant program with the goal of attracting top Web3 talent to build on its network. The initiative will provide...
Ritual Raises $25M for AI Decentralization, Targets Universal Access with DeFi Integration
9.11.2023
Ritual raises $25M to build a decentralized AI network. Image by ipopba, Adobe Stock. Ritual, a startup building a decentralized platform for artificial intelligence, has raised $25 million in a seed funding round. The funding was led by venture capital firm Archetype, with participation from Robot...
Ritual Secures $25 Million in Seed Funding to Decentralize AI
8.11.2023
Source: Pixabay AI platform Ritual obtained a $25 million capital injection in a Series A funding round led by Archetype, with assistance from Accomplice and Robot Ventures. The company announced on its website that the funds would help “expand our team, start growing our developer network,...
Bitcoin Fees Soar Nearly 1000% Since August as Ordinals Are Back in Vogue
8.11.2023
Higher fees are also boosting bottom lines for the industry's beleaguered miners, 21Shares noted
Athena Bitcoin to Integrate Lightning Network for Bitcoin ATMs in El Salvador
8.11.2023
Source: Pixabay / Michael Wuensch Athena Bitcoin has announced plans to integrate the Lightning Network into its crypto ATM fleet in El Salvador with wider expansion targeted at the entire Latin American region. In a Nov 7 press release, the company revealed it has enabled the technology...
Is It Too Late to Buy Cronos? CRO Price Shoots Up 30% and This Innovative Meme Platform Could Be Next
8.11.2023
Crypto.com’s native Cronos token has pushed high into the trading channel, but as CRO price shoots up +30% – is it too late to buy Cronos? The multi-week upside move was triggered by an ambitious re-brand reveal by Crypto.com, which will see Cronos’ website Crypto.org changed...
El Salvador Bitcoin ATM network to receive Lightning Network upgrade
8.11.2023
Athena Bitcoin plans to integrate the Lightning Network into 100 of its machines in the next couple of months
Ether Could Hit $3,000 as Soaring Network Activity Turns Token Deflationary
7.11.2023
The Ethereum blockchain settled $250 billion of transactions last week, the highest since mid-March, underpinning ether's bullish outlook
Nekoverse’s City of Greed to launch on Beam network
7.11.2023
Nekoverse takes pleasure in coming out with its declaration that their City of Greed is developing a deck builder on Beam. Put simply, Nekoverse is bringing about a substantial amount of enthusiasm in the Web3 space. This will influence every facet of the decentralized arena, and the organization...
South African Financial Giant Says It Will Inject Capital Into ZARP Stablecoin Network
7.11.2023
South Africa’s Old Mutual Wealth and financial services provider Inves Capital recently revealed plans to inject liquidity into the ZARP stablecoin network. Inves Capital’s managing director said “crypto is entering a new phase” of growth and ZARP is set to “play...
Crypto Influencer ‘Bitboy’ Files New Lawsuit, Aims to Reclaim “Stolen” Lamborghini
7.11.2023
Ben Armstrong. Source: a video screenshot, YouTube Crypto YouTuber Ben Armstrong has filed another lawsuit against his ex-colleagues, over a Lamborghini and alleged racketeering. Armstrong, formerly known as Bitboy, filed the lawsuit on November 1 in the Superior Court of Cobb County, Georgia, USA....