22
May
2024
Posted in Altcoin

Protocol for Humanity Teases Numerous Significant Collaborations After $1 Billion Appraisal

The Proof of Humanity (PoH) System of the Humanity Protocol Humanity Protocol was founded just a year ago, but since then, its unique technique that aims to revolutionize identity verification…

22
May
2024
Posted in Altcoin

$8 million is raised in pre-seed and seed funding rounds for the DePIN initiative Blockless

Blockless, a project aimed at supporting computing power decentralized physical infrastructure networks (DePINs), has announced raising $8 million in early and pre-seed investment rounds. According to Blockless, on Tuesday, NGC…

22
May
2024
Posted in Altcoin

Polimec, the first decentralized Web3 funding chain, launches on Polkadot

Polimec, a decentralized and community-driven funding parachain, has officially debuted on Polkadot and is about to start its first project appraisal. The platform assesses Web3 projects for possible funding with…

22
May
2024
Posted in Altcoin

Amidst fresh collection reaction, Yuga Labs will ‘no longer touch’ CryptoPunks

A new NFT collection with a punk motif that Yuga Labs created in partnership with artist Nina Chanel Abney sparked criticism, as it was perceived as “diluting” the original CryptoPunks…

22
May
2024
Posted in Metaverse & AI

Axie Infinity Unveils the Axie Score System and Governance Portal

A hard fork on the Ronin network is the initial proposal (AIP-001), which aims to enable enhanced delegation of Axie assets. Infrastructure improvements are also included in this proposal to…

22
May
2024
Posted in Altcoin

Aevo, a high-performance decentralized derivatives platform, sees a 33.8% price drop according to Binance Labs

The decentralized derivatives trading platform Aevo is the target of the most recent strategic investment made by Binance Labs. As a high-performance Layer 2 (L2) solution running on top of…

22
May
2024
Posted in Altcoin

Following Thanefield Capital’s $30 million token buyback proposal, the price of Gnosis increases by 20%

Gnosis GNO (+18.18%) A plan for a sizable buyback of DAO’s native token is being discussed. Thanefield Capital, a cryptocurrency fund having a stake in the Gnosis (GNO) token, made…

22
May
2024
Posted in Altcoin

CAGA Crypto Reveals Testnet Integrating Gas Fees and NFT Minting

In order to provide users more chances to interact with the CAGA ecosystem, CAGA Crypto also introduces NFT minting features, which let users create, purchase, sell, and trade NFTs directly…

22
May
2024
Posted in Ethereum

Imagination.Top Creators Will Get Rewards of Almost 600 ETH

The second round of in-game prizes for producers of Fantasy.Top, an Ethereum Layer 2 Blast-powered combination of trading cards and fantasy sports, has just been given out. By May 24,…

22
May
2024
Posted in Altcoin

Genesis Global and New York AG Reach the State’s Highest Crypto Settlement Ever, $2,000,000,000 Settlement

James increased the stakes to $3 billion earlier this year in an amended complaint because additional investors came forward following the lawsuit’s first release, causing the AG’s office to reassess…

22
May
2024
Posted in Ethereum

Launching an Ether custody service that handles ETH like a security: Prometheum

Prometheum, a company that trades and holds digital assets, is said to have soft-launched its contentious Ether (ETH) custody service, which views digital assets like securities. A Fortune report dated…

22
May
2024
Posted in Meme Coin

Meme coin trade volume surges in spite of volatile markets

According to a study by research firm Kaiko, meme tokens are continuing to rank among the best of the year despite defying the usual behavior of market downturns. These tokens…

22
May
2024
Posted in Bitcoin

Bitcoin Pizza Day: Commemorating a Key Moment in Cryptocurrency History

Bitcoin Pizza Day is a significant date in the cryptocurrency world that marks the first recorded use of Bitcoin for a real-world transaction. Celebrated annually on May 22, the day…

21
May
2024
Posted in Bitcoin

Prepare for the “golden cross,” which last caused a 170% increase in the price of BTC

On May 17, the pressure on overhead liquidity persisted as Bitcoin BTC tickers down $70,975 as analysis pointed to a new golden cross on shorter timeframes. Bull indications on the…

21
May
2024
Posted in Ethereum

The Ether ETF application process is moving quickly, but approval is not assured

Regulators have suddenly requested that exchanges that wish to list and sell shares of spot ether (ETH) exchange-traded funds alter important documents pertaining to these products. According to uncofirmed source,…

21
May
2024
Posted in Altcoin

The Sei Foundation suggests updating the network to version 2 in order to become EVM compatible

The Sei Layer 1 blockchain will be upgraded to version 2 through a governance proposal, the Sei Foundation stated on Monday. The goal of this proposed update is to improve…

21
May
2024
Posted in Policy and Regulation

Web3 gaming platform Gala Games sees a 15% decline after losing over $200 million in potential revenue

According to the blockchain explorer Etherscan, Gala Games, a web3 gaming company, appears to have fallen victim to an exploit on Monday, with someone minting 5 billion GALA -2.95% tokens,…

20
May
2024
Posted in Bitcoin

A seven-block streak by AntPool raises concerns about centralization in bitcoin mining

In one hour and thirty-eight minutes on May 17, AntPool mined seven consecutive blocks between block heights 843,893 and 843,904. AntPool Mines Seven Blocks in a Row The mining pool…

20
May
2024
Posted in Ethereum

According to a CoinGecko report, Solana surpasses Ethereum with 91 million daily transactions

With the greatest TPS among Ethereum scaling solutions, Polygon, is over 5 times slower than Polygon, and the blockchain is now an astounding 46 times quicker than Ethereum. Solana Reaches…

20
May
2024
Posted in Altcoin

Base records a 212% rise in trade volumes over time

According to data aggregator DefiLlama, Base is the blockchain with the most monthly and weekly growth in permanent trade volume among the top 10 chains in terms of total value…