Author: Lalit Mohan
To increase interest in the upcoming token, Hamster Kombat has announced a new gaming ecosystem
They said that this effort will help set Hamster Kombat apart from other initiatives of a similar nature and that players would receive incentives unique to each game. Hamster Kombat…
Samsung and Illuvium Collaborate to Provide an Immersive Gaming Experience
Illuvium, a blockchain-based gaming company, established a strategic alliance with Samsung on August 8. As part of the partnership, Illuvium will be on display at the Samsung booth at Gamescom…
Solana observes record Jito validator tips in the midst of fresh coin launches and an increase in network traffic
The ecology of Solana is humming with activity, and Jito validators are benefiting from it. Jito validator tips have increased dramatically; last week, they hit an all-time high of 17,290…
In Their Most Recent Investment Round, HTX Ventures Is Focused on Infrastructure, DeFi, and AI
The main investment trajectories for the first half of 2024 have been announced by HTX Ventures, the investment division of the international cryptocurrency exchange HTX. The business claims that the…
PolitiFi: What is it? The Political Meme Coin Wave
The world of cryptocurrency is vast and includes anything from serious projects with grand objectives like banking the unbanked to humorous and occasionally satirical meme coins. Although meme currencies have…
During the market crash, Binance saw a net inflow of $1.2 billion in just one day
The CEO of Binance, Richard Teng, attributed the significant inflows on the exchange to increasing investor trust by citing data from Defi Llama. He posted this insight on his X…
“The MicroStrategy of Asia” ¥1 billion loan secured by Metaplanet to purchase more Bitcoin
Today, the publicly traded Japanese business Metaplanet—often likened to MicroStrategy—announced that it had obtained a one billion yen loan. The company’s most recent Board of Directors meeting approved the decision…
Average metaverse land price decline of 72% from peak
CoinGecko reports that metaverse land prices have dropped by about 95% from their peak values. Metaverse land prices fell by an average of 72% from their peak in 2024, ranging…
Ethena Labs Announces Gradual SOL Integration and Expands USDE to Solana
USDE Stablecoin Project Expands to Solana with Support from SOL Even though Ethena Labs had redemptions of over $300 million in less than two weeks, they continued with the Solana…
The meme coin on BLAST – Pacmoon is relocating to Solana
Its developers revealed on X today that Pacmoon ($PAC), the biggest memecoin on the Blast network by market capitalization, is switching from the Ethereum Layer-2 blockchain to Solana. According to…
Revenue from cryptocurrency on Robinhood increased by 161% in Q2 as $21.5 billion was traded
The commission-free brokerage company Robinhood released its second quarter profit results on Wednesday afternoon. The results showed significant year-over-year increases in trading volume and bitcoin transaction income. According to the…
Skeptic of Bitcoin Unintentionally Presenting a Bitcoin Argument, Peter Schiff
Lifelong gold bug and skeptic of cryptocurrency It’s possible that Peter Schiff unintentionally just revealed that there are multiple practical applications for Bitcoin. The financial pundit claimed in a tweet…
$86 million in Indian taxes is being contested by Binance: Source
The largest cryptocurrency exchange in the world, Binance, is contesting a tax showcause notice from India’s Directorate General of Goods and Services Tax Intelligence (DGGI) worth almost $86 million, a…
Despite the decline in price, Justin Sun spends $37 million on Ethereum: Report
According to reports, TRON founder Justin Sun has paid millions of dollars in USDT to purchase more Ether, which is presently stored in a fresh cryptocurrency wallet address that was…
Fear grips the cryptocurrency market as Polygon’s MATIC Tanks to Over 2-Year Lows
The native token of the Polygon PoS chain, MATIC, saw a parabolic run in Q1 2024. Since then, it has been stuck in a months-long drop, broken up by a…
Experts predict that the eight-month low in Ethereum pricing may take more time to rebound
A fall in all markets was brought on by Jump Trading’s ETH transfers, growing geopolitical tensions, and worries about the state of the global economy. On August 5, Ether ETH…
DeFi powerhouse Aave generates $6 million in income despite erratic market conditions
Leading DeFi platform Aave Protocol generated over $6 million in sales during the current market downturn. Aave made $802,000 from a $7.4 million wrapped Ether (WETH) liquidation, according to on-chain…
According to Kaiko Analytics, XRP Demand on Crypto Exchanges Rebounds to Pre-Lawsuit Levels
Demand for XRP is back, according to Kaiko, following a protracted legal battle with the U.S. Securities and Exchange Commission (SEC) that finally resulted in a decision that XRP sold…
Zircuit claims to have launched the ZRC token airdrop and launched the first mainnet phase
For Zircuit, an EVM-compatible zero-knowledge rollup with AI-enabled sequencer-level security, the first phase of the mainnet and ZRC token claims procedure has been made available. Zircuit seeks to protect customers…
Memecoins collapse amid the downturn in the cryptocurrency market
Memecoins have not escaped the wider decline in the cryptocurrency market. The memecoin market has fallen 8.87% in the previous day. Dogecoin, Shiba Inu, and Pepe, dropped 9.23%, 2.36%, and…