Author: Puskar Pande
Cryptocurrency losses from fraud and hacking surge to $573 million in Q2: Immunefi
In the second quarter of this year, there have been 72 events involving hacks and scams that have cost the cryptocurrency sector $572.7 million in losses. The web3 bug bounty…
GSR, a market maker, buys SOL expecting it to outperform BTC
According to GSR, Solana is currently long the cryptocurrency as it keeps pulling away from the group. After the introduction of spot Bitcoin ETFs in January and the planned introduction…
GRIID, a Bitcoin miner, is acquired by CleanSpark for $155 million
A deal has been reached for the Bitcoin mining company GRIID Infrastructure to be acquired by cryptocurrency miner CleanSpark. As per the release from CleanSpark, the agreement will see CleanSpark…
Ether up to $7,000. Six experts discuss how Ethereum ETFs could cause demand to “floodgate”
Ethereum spot exchange-traded funds are about to launch. Eric Balchunas, an analyst with Bloomberg Intelligence, stated on Tuesday that issuer VankEck’s 8-A form submission was encouraging for a July 2…
Motorverse and TURBO Token Collaborate to Strengthen Community Involvement
TURBO token, a well-known meme coin, and Motorverse, an Animoca Brands initiative renowned for its extensive motorsport games ecosystem, have forged a new partnership. The purpose of this partnership is…
Fantasy League Is Started by Second World Games and Raises $3M
In 2022, Second World Games was established by Íñigo Cavestany and Carlos Cameo, a developer who started his first game at the age of 14 and built a multimillion-dollar firm…
The price of ZEX, which Zeta Markets airdrops, soars by 132%
Zeta Markets, a decentralized exchange based in Solana, launched the airdrop and token creation event for its new cryptocurrency, ZEX, today. Users received 100 million ZEX through the airdrop; at…
Meme Coin of Solana, CHWY leaps 11,000% After Roaring Kitty’s dog post,
Following the posting of a dog picture by Keith Gill, as Roaring Kitty, on his X profile, an unconnected Solana blockchain meme coin with the ticker CHWY saw an increase…
As VanEck files the first SOL ETF bid, Solana rises 8%
In a filing with the Securities and Exchange Commission (SEC) on Thursday, Spot Bitcoin (BTC) ETF issuer and asset management VanEck made the first-ever offer for a Solana (SOL) exchange-traded…
Akash Network rises 12%, driving a rebound in AI tokens
AKT traded to highs of $3.45, while BOME leads the top 100 gainers by market value with a gain of almost 14% in a single day. Out of all the…
GMX V2 is used to start Chainlink Data Streams on the Avalanche mainnet
GMX is the launch partner for the significant integration, which will support Avalanche’s decentralized finance (DeFi) business. According to the platforms, Chainlink Data Streams’ on-demand access to low-latency market data…
Within the first five months, Galaxy Digital anticipates up to $7.5 billion coming into ETH ETFs
Exchange-traded funds that track Ethereum’s native token, according to Galaxy Digital, have the potential to grow into a multi-billion dollar industry shortly after being approved. According to a report released…
Zerion launches a testnet for a Layer 2 rollup built with ZK Stack
Zerion, a provider of cryptocurrency wallets, has started testing the ZERO Network, its next Layer 2 rollup. The testnet will be a part of the growing ZKSync ecosystem, which also…
MegaETH, a new blockchain that is raising $20 million at a “9-figure” token price, has the support of Vitalik Buterin
In a seed investment round, MegaLabs, the company creating the new blockchain known as MegaETH, has raised $20 million. Shuyao Kong, co-founder and chief business officer of MegaLabs, said that…
ORA secures $20 million in financing to tokenize AI models
Oracle communication protocol A $20 million fundraising round led by Polychian, HF0, and Hashkey Capital has been closed by ORA. The protocol is developing an on-chain tokenization technology for artificial…
To move away from Bitcoin, Marathon Digital mines $16 million in Kaspa
Bitcoin BTC tickers are down $60,666 due to intense mining. In an effort to diversify away from Bitcoin, Marathon Digital disclosed that it has been mining $16 million worth of…
Collaboration Between Space ID and Avive to Improve On-Chain Identity Display on Arbitrum Blockchain
A major development in the integration of blockchain technologies has been made with the announcement by Space ID and Avive of a strategic cooperation. Through this partnership, Avive’s platform will…
Scroll TVL Passes $800 Million Following the Start of the Next Points Phase of the Program
Scroll is an Ethereum Layer 2 network that uses zero-knowledge (ZK) technology. Since the project’s June 21 launch of Scroll Sessions, the second phase of its airdrop points campaign, activity…
The goal of the Telegram game Notcoin is to increase scarcity and value by burning $3 million in NOT tokens
The creator of the tap-to-earn game, Telegram’s Notcoin, recently destroyed $3 million worth of NOT coins to boost value and improve scarcity. This calculated action is a part of a…
Alchemy and Worldcoin collaborate before the introduction of World Chain
The web3 infrastructure platform Alchemy has formed a partnership with the human-verification project Worldcoin, in advance of the World Chain blockchain’s introduction in the upcoming weeks or months. According to…