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BitVM-Based Bitlayer, a Leading Bitcoin L2, Nets $5M in Funding, Unveils $50M ‘Ready Player One’ Program

[PRESS RELEASE – Singapore, Singapore, April 3rd, 2024] Bitlayer Labs, the first Bitcoin Layer 2 solution based on BitVM, announced a seed round of $5M led by Framework Ventures and ABCDE Capital, participation by StarkWare, OKX Ventures, Alliance DAO, UTXO Management, Asymmetric Capital and many more. The announcement comes as Bitlayer prepares the launch of […]

This DEX Just Launched the First Decentralized Crypto ETF

CrowdSwap has launched the first decentralized crypto exchange-traded fund (ETF) ever, consisting of ten digital assets, including Bitcoin (BTC) and Ether (ETH). According to a press release, the new crypto fund, the Bull Run dETF, offers investors access to a diversified digital asset portfolio while ensuring the processes remain decentralized and secure. The First DeFi […]

Vitalik Buterin Says Layer 3s Won’t Magically Increase Throughput

Ethereum co-founder Vitalik Buterin has re-upped his post from 1.5 years ago on “Layer 3s”, saying that L3s won’t magically increase throughput. Still, they can reduce certain fixed costs associated with batch publishing and deposits or withdrawals. His statement comes amid concerns that Layer 3 networks are taking away from Ethereum’s value and security. L3 […]

Dogecoin (DOGE) Price Crashes 14% Amid Broader Market Pullback

TL;DR The cryptocurrency market tumbled in the past 24 hours as Bitcoin’s price crashed by around $3K. Dogecoin dropped even further, losing some 14% in the same period, now trading below $0.19. The cryptocurrency market has taken a beating throughout the past 24 hours, with most altcoins dropping considerably. As CryptoPotato reported, this resulted in a significant […]

$500 Million in Liquidations as BTC Dumps to $66K, DOGE and SHIB Plummet Double Digits

After a few days of sideways trading, Bitcoin’s price has headed straight south, with a massive plunge that has pushed it to a 9-day low of $66,000. The altcoins are in an even worse position, with several double-digit price losers, such as Dogecoin, Shiba Inu, Bitcoin Cash, and Avalanche. BTCUSD. Source: TradingView CryptoPotato reported yesterday […]

Moongate Raises $2.7M Seed Round to Develop a Modular Web3 Engagement Layer for Real-World Activations

[PRESS RELEASE – Hong Kong, Hong Kong, April 2nd, 2024] Moongate announces the closing of a $2.7M Seed round to develop a Modular Web3 Engagement Layer for Real-World Activations. Backed by its success in disrupting the ticketing industry, the company aims to expand its reach into other sectors to transform interactive experiences using blockchain and […]

DOS Labs Secures $2.45 Million Investment to Revolutionize Battle Royale Gaming with MetaDOS

[PRESS RELEASE – New Delhi, India, April 2nd, 2024] DOS Labs, the visionary developer and publisher behind the highly anticipated battle royale game MetaDOS, has successfully raised $2.45 million in funding. The investment round was led by prominent venture capital firms Kangaroo Capital, AZA Ventures, Brainbox, GD10 Capital, and Avalon Wealth Club. The infusion of […]

Battle Showdown: Gambit Introduces Innovative SkillFi Ecosystem, Redefining Gaming in the Blockchain Space

[PRESS RELEASE – Singapore, Singapore, April 2nd, 2024] Ethlas, a trailblazer in the Web3 gaming industry, announces the groundbreaking SkillFi model alongside its flagship game, Battle Showdown: Gambit. The game is set to empower players to monetize their skills, fostering a sustainable economic ecosystem within the game. The Gambit Ecosystem Battle Showdown: Gambit introduces a […]