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While Friend.tech booms, decentralized social has a retention problem — Execs
28.8.2023
Decentralized social network Friend.tech may be booming right now, but execs say decentralized social media apps still have an onboarding and retention issue to fix
Polygon Network Embraces Colombian Peso Stablecoin nCOP – Crypto Adoption on the Rise?
25.8.2023
A stablecoin pegged to the Colombian peso (COP) has gone live on the Polygon network, stablecoin issuer Num Finance announced on Thursday.
The new stablecoin, called nCOP, is a traditional fiat-backed stablecoin, and was described by Num Finance in a post on X as “overcollateralized” in a way that...
1inch Network embraces Base: Unlocking new DeFi horizons
25.8.2023
The 1inch Network is taking an impressive leap into decentralized finance (DeFi) by integrating its 1inch Aggregation and Limit Order Protocols onto Base, the Layer-2 Ethereum scaling solution created by Coinbase. This groundbreaking move in the network’s development will provide users with...
Popular Decentralized Exchange 1Inch Partners with Coinbase's Base Network to Expand Liquidity Aggregation
25.8.2023
Popular Decentralized exchange aggregator 1inch partners with Coinbase's Ethereum Layer 2 network Base to deploy its 1inch Aggregation Protocol and the 1inch Limit Order Protocol.
With the mainnet launch of Base on August 9th, exchanges like Uniswap, Balancer, and SushiSwap have just joined...
As Xbox 360 Store Nears End, Microsoft Swears Game Preservation Is ‘Front And Center’
24.8.2023
Phil Spencer, the head of Xbox Gaming, said in a Eurogamer interview that preserving Xbox 360 games that will be lost once the console’s digital store shuts down forever in 2024 is at the “front and center” of the company’s mind.Read more
Is It Too Late to Buy Sui Network? SUI Price Shoots Up 10% in 24 Hours and This New Crypto Startup Uses AI to Find the Next Low Cap Gem
24.8.2023
Sui Network (SUI) appears to be in the midst of a relief rally, after SUI pushed up +30% over the last week - but with upper trendline resistance stalling upside momentum - is it too late to buy SUI?
The relief rally comes amid a four-month tumble, which has so far seen a 70% decline since...
Bitcoin gains traction in West Africa with educational drive
24.8.2023
As anti-French sentiment rides high in West Africa, Bitique opens its doors, the “Bitcoin Mastermind” conference beckons and more nodes come online to verify the Bitcoin blockchain
Tornado Cash indictment fails to show 'clear violation' of certain laws: Coin Center
24.8.2023
Coin Center research director Peter Van Valkenburgh argued that crypto mixer Tornado Cash is an anonymizing software provider, not a money transmitter
Shopify Customers Can Now Pay In USDC Via Solana Pay
23.8.2023
Solana Pay, the payment protocol built on the Solana blockchain, is now plugged into e-commerce giant Shopify, allowing users to pay in USD Coin (USDC), the companies announced Wednesday
Bitcoin Miners Navigate Record Challenges and August’s Dual Difficulty Hike
23.8.2023
Bitcoin miners faced another uphill battle this month, marking the second straight increase in mining difficulty. On August 22, at block height 804,384, the difficulty surged by 6.17%. This fresh peak in Bitcoin’s difficulty sets a new record, intensifying the challenge for miners...
Thailand Threatens Facebook With Shutdown Over Crypto Scams
23.8.2023
The government in Bangkok will try to shut down Facebook in Thailand alleging the social media network isn’t doing enough to stop scams. Fraudsters have been luring users to invest in fake companies and cryptocurrencies, authorities said, and the number of complaints has been mounting. Meta...
Defi TVL Dips Below $40B Amidst Market Turbulence and Shrinking Confidence
22.8.2023
After remaining above $40 billion for much of 2023, the total value locked in decentralized finance, or defi, fell below the threshold on August 17, reaching $37.9 billion by August 22. Additionally, from August 13, the top 100 DeFi tokens have decreased by $1.74 billion in value over nine days....
Privacy Breach at Friend.tech: Wallet Addresses and Usernames of 101,000 Users Exposed
22.8.2023
Friend.tech has suffered from a major privacy breach that has led to the unauthorized disclosure of sensitive information pertaining to more than 101,000 individuals.
Banteg, a core contributor to popular DeFi project Yearn Finance, has published a repository of publicly available scraped data...
Base Network's Friend.tech App Leads in Activity, Surpassing Arbitrum and Optimism
22.8.2023
Base-based, Twitter-linked Friend.tech app has seen revenue, fees, and activity jump significantly since Friday - surpassing a number of large projects, Layers 2, and Layers 1.
Looking at the revenues at 9:20 on Tuesday morning (CET), over the past 24 hours, Friend.tech took the 3rd place with...
Decentralized Social Network Friend.tech Surpasses $1 Million in 24-Hour Fees, Leaving Uniswap and Bitcoin Behind
21.8.2023
Decentralized social network Friend.tech has generated over $1 million in fees within just 24 hours of its release, outperforming well-established players like Uniswap and the Bitcoin (BTC) network.
According to data from crypto data aggregator DefiLlama, Friend.tech has generated $1.12 million...
As Ordinal Transaction Dominance Soars, NFT Advocates Question Bitcoin’s Reported Downturn
21.8.2023
Metrics reveal a significant day for the Bitcoin blockchain as 411,511 Ordinal inscriptions were minted Sunday, clinching the title of the second most prolific day for inscriptions ever. Additionally, over the past seven days, Ordinal inscriptions represented a hefty 53.9% of all transaction...
Ordinals still make up majority of Bitcoin txs despite price collapse
21.8.2023
Bitcoin Ordinals appear to be alive and kicking with nearly 85% of network activity dominated by inscriptions and BRC-20 minting on Aug. 21
Bitcoin’s Transaction Backlog Surges Past 400,000
20.8.2023
A fortnight ago, unconfirmed BTC transactions dipped under 300,000. However, they’ve since rebounded, surpassing the 400,000 mark. While the average network fee remains under $1, since August 6, it’s fluctuated from $0.77, peaking at $2.59 per transaction just two days later on August...
Ethereum Gears Up for ‘Holesky’ Testnet Launch With 1.6 Billion Testnet Ether
19.8.2023
Ethereum developers plan to roll out a new testnet named Holesky, intending to bring 1.6 billion Holesky testnet ether to the network. The core devs of Ethereum highlighted that 1.4 million validators were evaluated for Holesky, with the aim of enhancing the blockchain’s comprehensive...
SEI’s Rocky Start: New L1 Crypto Token Dives 65% in 3 Days Amid Market Turmoil
18.8.2023
The newly listed cryptocurrency SEI took a substantial hit after its debut, plummeting over 65% from its peak value in just three days. The coin’s latest 13% tumble mirrored a decline in the broader crypto market in the last 24 hours. New L1 Token Plummets 65% From Record High Enter SEI, the latest...