Decentralized exchanges are undervalued and gaining traction, with volumes reaching all-time highs. These are the findings of Messari researcher Kunal Goel who said that centralized exchanges (CEXs) are listing tokens too late in a post on X on Aug. 13. He added that they’re becoming a “dumping ground for VCs,” and retail will learn sooner […]
[PRESS RELEASE – Miami, Florida, August 13th, 2024] Floki is proud to announce that Valhalla, Floki’s groundbreaking PlayToEarn MMORPG, will be at the forefront of a high-profile advertising campaign throughout the 2024-25 season of the English Premier League (EPL). Leveraging LED perimeter boards during live games, this campaign will deliver massive global exposure and enhance […]
Metaplanet announced making yet another significant investment in bitcoin, purchasing approximately $3.3 million (500 million yen) worth of the cryptocurrency. This acquisition involved 57.103 bitcoins, with an average purchase price of 8,756,107 yen per one. This move is part of the Japanese investment firm’s broader strategy to expand its bitcoin holdings. With the latest purchase, […]
Coinbase submitted its third comment letter highlighting significant flaws in the US Securities and Exchange Commission’s (SEC) cost-benefit analysis of the proposed rule. The letter argued that the agency has failed to assess the rule’s economic impact on efficiency, competition, and capital formation. Despite acknowledging a lack of critical information on decentralized exchange (DEX) operations […]
On-chain analysis platform Arkham Intelligence sounded the alarm on Tuesday as $2 billion worth of Bitcoin connected to Mt. Gox moved from a blockchain address connected to crypto exchange BitGo. According to Arkham, a wallet that had received $2.19 billion from the long-defunct Bitcoin exchange began initiating test transactions early Tuesday. The firm said the […]
TL;DR Sui (SUI) saw a 125% weekly increase, driven by the launch of Grayscale’s Sui Trust. Despite strong gains, the high RSI indicates that the asset might be overbought, suggesting a potential correction. The Top Performer Sui (SUI) is among the few leading cryptocurrencies today (August 12), and its price has charted an impressive increase. […]
On Aug. 12, X owner Elon Musk said there appeared to be a massive distributed denial-of-service (DDOS) attack on the micro-blogging platform, “working on shutting it down.” A DDOS attack aims to disrupt a website or service by flooding the network with spurious traffic in an effort to prevent users from accessing the site. “As […]
[PRESS RELEASE – Palo Alto, CA, August 13th, 2024] ZAN, the web3 technology brand of Ant Digital Technologies, plans to run a Sui RPC node with Mysten Labs Mysten Labs, a web3 infrastructure company and the original contributor to the Sui blockchain, today announced a partnership with ZAN, the technology brand of Ant Digital Technologies. […]
[PRESS RELEASE – Zug, Switzerland, August 12th, 2024] Aleph Zero launches its ultra-fast Ethereum-compatible layer-2, expanding its privacy tools and new apps compatible with the world’s biggest web3 ecosystem. Aleph Zero — a blockchain ecosystem engineered for speed, data confidentiality, and ease of development — today announced the mainnet launch of its new EVM-compatible Layer-2 […]
Paolo Ardoino, Tether’s CEO, is steering the company into venture capital, with a focus on emerging areas like AI, as revealed in his recent interview with WIRED. With billions in reserves, Tether is positioning itself to compete with tech giants such as Microsoft, Google, and Amazon. Tether’s Profit Ventures Since Ardoino took over as CEO […]