Author: Puskar Pande
In August 2024, Utherverse will introduce the $UTHX token on the Solana Blockchain
Leading company in the metaverse and virtual reality space, Utherverse, has announced the August 2024 launch date of $UTHX, a new utility coin. $UTHX, which is based on the Solana…
Online 3D Role-Playing Game “Crystals of Naramunz” Released by Crypto Rogue Games
Leading the gaming industry veteran Åke André, Crypto Rogue Games is poised to transform the role-playing game genre with its forthcoming Web3 game, Crystals of Naramunz. Inspired by post-apocalyptic stories,…
Comedian Sabinus from Nigeria Introduces Sabicoin on the Solana Blockchain
Popular Nigerian comedian and content creator Sabinus has made a big step into the cryptocurrency space by launching his own digital currency, Sabicoin, which is based on the Solana blockchain. …
$13.5 million will be spent on Bitcoin mining equipment for North America by Chinese telecom company Coolpad
In a filing, Coolpad Group, a Shenzhen-based Chinese telecom company that is listed on the Hong Kong Stock Exchange, stated that it has set aside roughly $13.5 million to buy…
Paradigm has raised $850 million to finance seed stage cryptocurrency projects
With the completion of its third fund, venture capital company Paradigm has raised $850 million to invest in early-stage cryptocurrency startups. The lifeblood of the cryptocurrency industry is venture capitalists,…
In two months, Solana Sandwich Bot generates $30 million from MEV arbitrage
Through MEV attacks, the notorious maximal extractible value (MEV) sandwich bot known as arsc has siphoned up approximately $30 million from users of Solana in the past two months. When…
How Aptos daily transactions increased by 1,466% in three days due to a single game
At the end of May, the 7-day moving average of the total number of user transactions on Aptos jumped to 47 million, demonstrating a sharp increase given that at the…
Aragon Project’s new ‘center’ for Polygon governance
The renowned Aragon Project, which built the first decentralized autonomous organizations, has announced that it has built a governance hub for the Polygon community. As to the statement issued on…
Nigeria drops tax accusations against its executives, much to Binance’s “relief”
Cryptocurrency trading After learning that Nigerian authorities had withdrawn tax charges against its executives Tigran Gambaryan and Nadeem Anjarwalla, Binance declared that it was “relieved” and that Binance was now…
By eliminating “training wheels,” The Graph completes the shift to a decentralized data layer
The Graph—an indexing and query protocol for structuring blockchain data—moved to a completely decentralized data layer following the completion of The Graph Foundation’s Sunrise project. With subgraphs upgraded from centralized…
These two Solana initiatives are listed by Franklin Templeton as early “DePIN” winners
Supporters of blockchain technology claim that it can disrupt more than just the financial markets; it can also decentralize the infrastructure that underpins internet-based services like computing, mapping, and wireless….
This summer, the SEC will approve Ethereum ETFs, according to Chair Gary Gensler
Exchange-traded funds based on spot Ethereum are probably going to debut this summer. During a hearing on the Securities and Exchange Commission’s funding request for 2025, US senators were informed…
“Yescoin” and “Tapswap,” two Telegram games, are launching tokens on the open network
Following Notcoin, which in 2024 dropped the largest gaming token to yet, came the hotly anticipated token airdrop of Hamster Kombat, which is based on the Telegram clicker concept. Two…
ZapperFi will offer a Road to Onchain Literacy through the usage of the Zapper Protocol
In an effort to make onchain data more comprehensible, Zapper Finance, a decentralized finance (DeFi) portfolio dashboard, has introduced Zapper Protocol. The Zapper Protocol introduces indexing templates: Event Interpreters, which…
The Value of Bitcoin Layer 2 TVL Exceeds $2 Billion
The total value locked (TVL) of the bitcoin scaling solutions market has increased by 105% over the last 30 days. In the past month, Bitlayer’s iTVL has increased 720% to…
Starknet’s Layer 3 is being developed with an early launch date
With the launch of Layer 3 on StarkNet, StarkWare has revealed new developments in blockchain technology with the goal of changing the creation of decentralized applications (dApps). Layer 3 of…
The $50 million Manta Network EcoFund is currently accepting applications
Manta Network EcoFund invests in applications that are in line with its mission, extends invitations to creative people, and provides grants for early-stage enterprises up to $50,000. Manta Network takes…
Curve Finance’s founder is liquidated as the price of the CRV token drops precipitously
Curve Finance founder Michael Egorov had his investments in on-chain loans canceled earlier on Thursday. The price of Curve DAO, the token associated with the decentralized exchange, has dropped by…
To obtain more bitcoin, MicroStrategy suggests a $500 million convertible note sale
The business intelligence company MicroStrategy, which also owns corporate bitcoin, is looking to raise $500 million through the issuance of convertible senior notes, with the opportunity to purchase an additional…
Nuffle Labs, the new independent company of the NEAR Foundation, raises $13 million in funds
Nuffle Labs is an independent organization that was established by the NEAR Foundation and has raised $13 million in strategic support. The NEAR Fast Finality Layer (NFFL), the NEAR Data…