Author: Puskar Pande

16
May
2024
Posted in Metaverse & AI

“Nyan Heroes,” a Solana game, reveals the token launch during the play-to-airdrop push

The mech shooter, which draws inspiration from Overwatch and Titanfall, has been in pre-alpha since March and has reportedly had over 200,000 downloads, placing it in the top 30 games…

15
May
2024
Posted in Altcoin

Framework Ventures leads a $2.6 million fundraising round for ZK project Hylé

The venture capital firm Framework Ventures led the $2.6 million fresh financing round for the zero-knowledge initiative Hylé. Participating in the financing were Cherry Crypto, Fabric Ventures, First Capital, and…

15
May
2024
Posted in Altcoin

Lens Network L2 Leveraging ZK Stack Announced by Aave

Using Matter Labs’ modular ZK Stack technology, Lens Network—which was announced on May 14—plans to construct a hybrid validium and volition Layer 2. According to Lens, this approach can retain…

15
May
2024
Posted in Altcoin

Lido Offers Partnership Encouraging a stETH-Based Restaking Ecosystem

The main Ethereum liquid staking protocol, Lido, seeks to promote innovative restaking architecture centered on its stETH coin. A plan to create the Lido Alliance and support “Ethereum-aligned” initiatives by…

15
May
2024
Posted in Meme Coin

Memes continue to dominate as FLOKI, BOME, and DOGE dominate markets

Over the past day, FLOKI’s price and trading volume have significantly increased. The token now costs $0.0002047, an increase of 10.54%.  Its market value has increased by 10.05% to $1.95…

15
May
2024
Posted in Altcoin

Solana and Sui Get Universal EVM Applications With Skate’s Innovative Intents-Based Architecture

Traditionally, developers have used an expensive and time-consuming method of deploying apps individually on each network. For instance, on a new EVM chain, forking code that started on Ethereum accounts…

15
May
2024
Posted in Altcoin

Vitalik Buterin, Peter Thiel’s Founders Fund, and other investors contribute $45 million to Polymarket

In addition to current investors 1confirmation and ParaFi, as well as co-founders of Ethereum, Dragonfly, and Eventbrite, Kevin Hartz, and Vitalik Buterin, Polymarket has raised a $45 million Series B…

15
May
2024
Posted in Altcoin

Tether Reacts: Phishing Links Cause $5.2M in USDT to Be Frozen

USDT Is Frozen, Signaling Tether’s Attempts to Stop Illegal Activity Recent events have brought attention to Tether’s proactive efforts to stop illegal activity in the cryptocurrency space, demonstrating the company’s…

15
May
2024
Posted in Altcoin

‘Block Trading’ Facility for MATIC, SOL, and XRP Options Revealed by Paradigm

Over-the-counter cryptocurrency liquidity network On Monday, Paradigm announced the launch of a block trading facility for options linked to well-known alternative cryptocurrencies (altcoins), such as MATIC, SOL, and XRP, on…

15
May
2024
Posted in Meme Coin

Memes rise to the top once more in the flat cryptocurrency market

Despite the fact that most cryptocurrency markets were flat, tokens in the meme coin category once again demonstrated strong growth. Pepe (PEPE), Floki (FLOKI), Dogecoin (DOGE), and Shiba Inu (SHIB)…

15
May
2024
Posted in Blockchain

Falcon Labs, a leading cryptocurrency brokerage, resolves with the CFTC over a registration infraction

The U.S. Commodities Futures Trading Commission agreed with cryptocurrency premier brokerage firm Falcon Labs, Ltd. after the agency stated the company ought to have been registered, making this the first…

15
May
2024
Posted in Altcoin

Layer 1 developer Berachain hires Jack Melnick, a former head of DeFi at Polygon Labs, in a similar position

Former Polygon Labs head of decentralized finance (DeFi), Jack Melnick, has taken the same role at Layer 1 developer Berachain. Melnick began working at Berachain on Monday. Since January 2023,…

14
May
2024
Posted in Policy and Regulation

UAE Sets New Records for Crypto Transactions at $25 billion and Encourages More Investment with Flexible Regulations

According to the institute, the metaverse market will be valued at $3.4 trillion by 2027. This spike was attributed to the potential for generating compelling use cases and the quick…

14
May
2024
Posted in Metaverse & AI

Tokens connected to AI do better than the overall crypto market

Significant tokens tied to artificial intelligence have experienced a surge in value over the last 24 hours. The native cryptocurrencies linked to SingularityNET and Fetch.ai FET have seen increases of…

14
May
2024
Posted in DeFi

This month, BlockFi will close its website; users can still access their money through Coinbase

Centralized lender BlockFi declared that following the closure of its web platform, qualified BlockFi clients will have access to cryptocurrency withdrawals through Coinbase. This agreement with Coinbase guarantees that holders…

14
May
2024
Posted in Bitcoin

The Pause in the Runes Protocol Matches the Decline in Bitcoin On-Chain Activity

A cooling tendency in these indicators is indicated by recent developments, nevertheless. The price of the most valuable digital asset has seen difficulties over the last two months, and on-chain…

14
May
2024
Posted in Bitcoin

Leading Latin American Crypto Exchange Bitso Introduces Web3 Wallet

Bitso Introduces Web3 Wallet and Makes a Hint About Potential Blockchain Development Through the provision of Web3 services to their clientele, Latin American exchanges are gaining ground on their international…

14
May
2024
Posted in Altcoin

Kain Warwick, the founder of Synthetix, introduces Infinex

Infinex, a front-end website that combines decentralized banking apps into a single, user-friendly layer, was launched by Kain Warwick, a co-founder of Synthetix. The launch includes the “Infinex Account,” for…

14
May
2024
Posted in Metaverse & AI

In a seed extension deal, Web3 AI platform ChainML raises $6.2 million

The web3-enabled AI platform ChainML has revealed its agentic foundation layer, Theoriq, and secured $6.2 million in a seed extension round. According to ChainML on Monday, Hack VC spearheaded the…

14
May
2024
Posted in Altcoin

CEO of the company that created the decentralized exchange, dYdX, resigns

The creator of the decentralized derivatives exchange dYdX, Antonio Juliano, DYDX Trading Inc., has resigned as CEO, citing both personal and professional reasons. The stakeholders, employees, and internal team didn’t…