[PRESS RELEASE – Singapore, Singapore, August 14th, 2024] The decentralized derivatives trading platform, ELFi Protocol, officially launched today on the Arbitrum network. ELFi is a decentralized derivatives trading platform dedicated to creating a unique and forward-looking trading experience that rivals centralized exchanges (CEX). ELFi is the first to implement a Portfolio Margin and vAMM hybrid […]
Texas-based Bitcoin mining company Core Scientific has announced the pricing of its increased offering of $400 million in 3.00% convertible senior notes due in 2029. The initial size of the offering was $350 million, which has been upsized due to favorable market conditions. Scheduled to settle on August 19, 2024, the notes will be issued […]
Just when it looked like the meme coin craze was cooling off, along comes Pepe Unchained. This new Layer-2 project has raised over $8.7 million during its presale – leaving investors scrambling to get a piece of the Pepe Unchained (PEPU) action. Pepe Unchained – The Lightning-Fast Layer-2 Network for Meme Coins So, what’s all […]
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, […]
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 […]
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. […]
[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 […]