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Meme vs Utility, jokes vs DeFi Cards, Pepe (PEPE) vs Retik Finance (RETIK), here’s why utility will outweigh memes in 2024
9.12.2023
The cryptocurrency world is a vibrant ecosystem, bustling with a diverse range of tokens. While some projects focus on pure utility, aiming to solve real-world problems, others ride the wave of meme-driven hype. 2023 saw the rise of several meme coins, captivating the market with their lighthearted...
“Magic: The Gathering” Cards Used in Possible Cashout by Uranium Finance Hacker
8.12.2023
Source: Pixabay A hacker who targeted the Uranium Finance DeFi platform in 2021 may have attempted to launder their stolen crypto gains by using “Magic: The Gathering” trading cards. Pseudonymous blockchain sleuth ZachXBT posted an X thread on Thursday which detailed a series of moves...
Jito Launches Airdrop of $225 Million in Tokens to Solana Community
8.12.2023
Source: screenshot from Jito.Network Solana-based decentralized finance (DeFi) platform Jito has launched its much-anticipated airdrop, distributing approximately $225 million worth of tokens to Solana users globally. The airdrop, which commenced on Thursday this week at 11 am EST (4 pm UTC)...
Starknet Foundation to Allocate 1.8B STRK Tokens 'Soon'
8.12.2023
Starknet said 900 million STRK are earmarked for the foundation’s Provisions Committee, and 900 million will be dedicated to user rebates
Solana Protocol Kamino Eyes Airdrop Following Jito Token Launch
7.12.2023
Solana's SOL token has more than tripled since mid-October as DeFi traders return to the ecosystem's on-chain trading, borrowing, lending and yield-generating projects, most notably Kamino
Code Is Not (Always) Law
7.12.2023
Sometimes, the law is the law, industry experts say
Ethereum Price Prediction as ETH Rises Above $2,300 – Can ETH Reach $3,500 by December 31?
7.12.2023
Source: Pexels Ether (ETH), the second most valuable cryptocurrency by market capitalization that powers the smart-contract-enabled Ethereum blockchain, was last up close to 5% on Thursday and just hit fresh highs for the year in the mid-$2,300s. Ethereum remains the dominant blockchain used...
Galaxy-Backed Gyroscope's 'All-Weather' Decentralized Stablecoin Goes Live on Ethereum Mainnet
7.12.2023
Gyroscope's GYD token aims to protect against the risks of holding stablecoins by offering an alternative to centralized and algorithmic designs
Singapore-Based Crypto Investment Firm Cake Group Files for Liquidation
7.12.2023
Source: Pixabay Singapore-based Cake Group, the parent company of crypto platform Bake, is winding up its company and has filed for liquidation. According to a Tech in Asia report, the founder of the crypto investment platform U-Zyn Chua has applied to wind up the Cake Group at a Singapore High...
Rewarding Hackers With Bug Bounties ‘Inherently Creates a Moral Hazard’ Says Expert
7.12.2023
Rewarding hackers who agree to return a portion of the stolen funds not only “creates a moral hazard” but potentially “leads to more security breaches,” a Web3 expert has argued. The recent attacks on Kronos and Kyberswap, as well as the subsequent attempts to engage...
Trading Volumes of Crypto Assets Under Management Averaged $481 Million Daily in November: Report
6.12.2023
Source: Pixabay / Michael Wuensch The digital asset market has recorded massive bullish activity in recent weeks with the prices of most cryptocurrencies soaring to positions not seen in over 18 months. Aside from asset prices, decentralized finance (DeFi) activities are also high in terms...
Wormhole announces an official launch on the Evmos Blockchain
6.12.2023
Wormhole recently announced a strategic collaboration with Evmos. The move has been made to facilitate interoperability within both platforms. Now, Evmos users can transfer tokens between EVM-compatible Blockchains and Evmos using the Wormhole Portal Bridge. These Blockchains include Polygon...
Supra announces integrating dVRF on Arbiturm Nova
6.12.2023
Supra has announced the integration of dVRF into Arbitrum Nova. Decentralized Verifiable Random Function (dVRF) services on a new platform define new possibilities for blockchain enthusiasts and developers. Also, the integration makes Supra the first provider on the Nova platform. dVRF integration...
OceanFi – Unleash Peak Wellness: Embrace a Holistic Ecosystem of Fitness, Integrations, Social Wellness, DeFi Innovations, Fitness Metaverse, and AI Trainer Excellence!
6.12.2023
1 . Introducing OceanFi – Unleash Peak Wellness! OceanFi positions itself at the convergence of cutting-edge technology and comprehensive well-being. It establishes an unparalleled platform for those interested in maintaining their physical fitness by offering a fresh combination of physical...
The Funniest Anon on Crypto Twitter
5.12.2023
Gwart has the ear of DeFi’s elite. What they don’t know is that crypto’s truth-telling, funnyman is secretly a Bitcoiner
DeFi Market Rebounds to $50B as Speculators Hunt for Yield
5.12.2023
The total amount of capital locked or staked across all decentralized finance (DeFi) protocols reached $50 billion on Tuesday, the most in six months
Bitcoin Transaction Fees Outpace Ethereum, DeFi TVL Surges 11% in November: Binance
5.12.2023
Source: Iryna Budanova/Adobe The digital asset market recorded an 11% uptick last month with Solana (SOL) and Chainlink becoming the top-performing assets as decentralized finance (DeFi) volumes surge, a new report shows. A recent Binance Monthly Market Insight report shows a growth in the general...
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....
Osmosis and UX Chain Announce Merger, Set to Jointly Launch Cosmos-based DeFi Hub
4.12.2023
Source: Pixabay Osmosis and UX Chain are preparing to merge in a move that seeks to create a comprehensive DeFi hub. Subject to approval, the merger would result in the fusion of lending protocol UX Chain’s lending logic and algorithms with Osmosis’ decentralized exchange, the largest DEX...
Antonio Juliano: Uprooting a Successful Exchange to Explore the Cosmos
4.12.2023
Juliano's dYdX switched from Ethereum to Cosmos in one of the year's biggest blockchain defections. The project has big plans for 2024