Author: Puskar Pande
Adoption of cryptocurrencies rises 6.4% in H1’24 as a result of Bitcoin and Ethereum milestones
According to Crypto.com’s most recent market sizing analysis, ownership of the global cryptocurrency market increased significantly during the first half of the year. From 580 million at the end of…
The court says Shaquille O’Neal cannot avoid the Solana NFT lawsuit
A U.S. judge said that Shaquille O’Neal’s legal battle over his Solana NFT project Astrals could proceed on some charges that the basketball icon marketed and sold investors unregistered securities,…
CryptoPunk Purchased in 2022 for a Record $24 Million and Sold While Ethereum NFT Prices Were Falling
Monday saw the sale of the most expensive CryptoPunk ever offered for an undisclosed amount, during the historic decline in the value of “blue chip” NFTs. One of the nine…
USDT from Tether will launch on Layer 1 Aptos
The creator of the biggest stablecoin by market value, Tether, said that it will launch USDT, a token linked to the US dollar, on Layer 1 Aptos. Low gas fees—just…
Users Can Now Access The Banca Sella Bitcoin Service
Fintech Finance claims that the 1886-founded Italian bank Banca Sella now provides a different service: trading Bitcoin on a brand-new platform called Hype via its mobile banking app. Huge Usage…
Bitwise Expands Into Europe With New Agreement to Expand Market Reach of BTC ETFs
Through the acquisition of London-based ETC Group, one of the biggest European participants in cryptocurrency exchange-traded products, Bitwise Asset Management is expanding its global footprint. Bitwise, the provider of Bitcoin…
The supply of Ethereum is significantly increasing due to declining gas fees: Kaiko Report
Because of the increase in layer 2 operations and the March deployment of the Dencun update, Ethereum has reportedly reached its five-year minimum fee. Ethereum Supply is Affected by Gas…
Optimism Identifies Flaws in the Fault Proof System and Suggests Fixing Them
Network Upgrade Suggested by Optimism to Fix High Severity Vulnerabilities One of the top three Ethereum L2 projects in terms of total value locked (TVL), Optimism, was revealed to have…
Expert from South Korea Forecasts a “Ceiling” of 642% Growth in Bitcoin Prices Over the Next Ten Years
A prominent South Korean analyst has projected that the price increase of Bitcoin (BTC) will have a 642% “ceiling” during the next ten years. According to News1, the prediction appeared…
Pump.Fun launched eight months ago, and in that time, its total income has almost reached $100 million
In the upcoming days, Pump.Fun, a memecoin generator on Solana, is anticipated to reach a cumulative revenue of over $100 million. DeFiLlama statistics indicates that the platform’s total revenue increased…
Cardano falls out of the top 10 cryptocurrencies
Based on market capitalization, Cardano’s native coin is now the eleventh-largest cryptocurrency. Since January, the cryptocurrency’s market share has been gradually declining, notwithstanding a slight increase in the wake of…
CoinShares reports unprecedented withdrawals from Solana as memecoin trade drops
In terms of weekly outflows, Solana SOL +2.55% hit a new milestone, per the most recent CoinShares data. The article stated that the largest-ever outflow of $39 million from the…
Drift Protocol introduces a prediction market
BET is a prediction market that has been introduced by Drift, a perpetual trading protocol based in Solana. Cindy Leow, a co-founder of Drift Labs, stated on the social media…
Unstoppable Domains and DFZ Labs to Launch.dfz Web3 Domain
With the.dfz domain, users can generate blockchain transaction addresses that are compatible with Ethereum and Polygon and are legible by humans. These domains are intended to meet the demands of…
GAMEE and TON Ventures Collaborate to Improve Blockchain Gaming
TON Ventures has made a sizable investment in the blockchain-powered skill-based mobile gaming platform GAMEE. With an emphasis on more thorough integration with The Open Network (TON) blockchain, this calculated…
BSMNT, an Ethereum gaming arcade, launches on B3.Fun’s base network
The web-based cryptocurrency arcade BSMNT, also known as Basement, made its debut on Thursday in conjunction with the B3 gaming network launch.enjoyable—both are based on the Ethereum layer-2 network Base…
The Sovereign Wealth Fund of Norway Increases Its Indirect Bitcoin Exposure
As of the first half of 2024, the typical Norwegian indirectly “owns” $27 worth of Bitcoin thanks to investments made by the nation’s sovereign wealth fund. Through investments in tech…
Former Sushi CTO Joseph Delong’s New Project Is an Untitled SocialFi Dapp
Former Sushi CTO and Ethereum core developer Joseph Delong has introduced a new decentralized social network called SocialFi that offers a creative twist on blockchain-based social media. On July 26,…
Users May Now File a DOGS Airdrop Claim
The DOGS cryptocurrency, which takes its cue from Telegram’s mascot Spotty, has just revealed that its airdrop claim is now active. The DOGS Airdrop Claim Has Been Started On August…
Small-scale strategy The company with the most reverse mortgages, Bitcoin Holdings, has more than $13.5 billion
The most recent long list of businesses actively buying Bitcoin and keeping it on their balance sheets was released by HODL15Capital. The amount held in Bitcoin by MicroStrategy has increased…