Tag: Cryptocurrency
Web3 Development Revolutionized: Uniblock Collaborates with POKT Network
Renowned Web3 API manager Uniblock and POKT Network, which is renowned for its decentralized RPC infrastructure, have partnered strategically. This partnership, made possible by Grove, the original Gateway company of…
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…
After Julian Assange exits the UK’s Belmarsh Prison, the AssangeDAO token rises by more than 80%
After spending 1,901 days in the UK’s high-security Belmarsh jail, Julian Assange was out on Monday. Since then, the value of AssangeDAO’s token (ticker: JUSTICE) has surged by more than…
$584 million leaves cryptocurrency investment products as Bitcoin drops below $60K
According to CoinShares, withdrawals from Bitcoin BTC tickers down $60,949 investment products have reached $630 million in the past week, bringing the total outflows in the last 14 days to…
A partnership to improve decentralized KYC procedures has been announced by Transak and Privado ID
Transak Collaborates with Privado ID to Streamline KYC The collaboration between Privado ID, a privacy-centric identity management expert, and Transak, a cryptocurrency payments gateway, is considered by both teams to…
Over $300 million in cryptocurrency liquidations as Bitcoin and altcoin values collapse
Buyers are facing a possible decline to the psychologically significant $60,000 level following today’s slide in Bitcoin, as bulls were unable to hold key price levels as the cryptocurrency went…
Following the token launch, ZKsync’s value has dropped by 40%
ZK, the much awaited token from ZKsync, debuted on June 17 with a market valuation of more than $1 billion. ZK’s market value experienced a brief rise in the early…
CoinStats advises users to transfer their money out of platform-created wallets in light of a security problem
A security breach that affected the platform has caused CoinStats, a well-known tool that assists users in creating wallets and tracking their cryptocurrency portfolios across many chains, to urge customers…
Through a token sale, modular blockchain Particle Network raises $15 million
Particle Network, a modular blockchain developer focused on chain abstraction technology, has raised $15 million in a Series A funding round. The Spartan Group and Gumi Cryptos Capital co-led the…
Midas launches mBASIS, a new yield-bearing coin, to compete with Ethena
mBASIS is a brand-new yield-bearing token that Midas, a tokenization platform supported by Coinbase Ventures and other investors, has introduced. Midas announced on Thursday that mBASIS is an ERC-20 token…
A “A-bf” rating is given by Moody’s to OpenEden’s tokenized fund
Hill Lights International Limited, the business in charge of issuing OpenEden’s tokenized US Treasury bills, or TBILL Tokens, has been assigned an A-bf bond fund rating by international credit rating…
Mitosis, the Next Phase of the Modular Liquidity Protocol Airdrop Campaign, Begins
Mitosis, a Cosmos-based liquidity protocol, has extended yield chances for Ethereum restakers as it begins its fourth expedition era. Mitosis wants to make the modular blockchain ecosystem more capital-efficient overall….
The TON Foundation’s On-Chain Onboarding Strategy for 500 Million Users
As the ecosystem develops traction as a result of strategic agreements with Telegram and Tether and the popular Tap-to-Earn storyline, TON is a hot topic right now. BeInCrypto had a…
Injective eyes’s entry into Web3 gaming through a significant collaboration
On Wednesday, Injective and DEGA—a well-known game development platform accessible on Ethereum, Cardano, and BNB Chain—announced their partnership. Launching its next stage of development through Web3 games, Injective, a platform…
For the previous four years, the amount of stablecoin transfers has surged by 1500%
This volume was only $100 billion in October 2020. Over the previous four years, there has been a 16-fold growth. Although the trend has been mostly upward, it’s important to…
Major AI-related tokens rally led by fetch.ai, as Nvidia rises to become the most valuable corporation in the world
Major AI-related cryptocurrency tokens have seen huge gains over the last day, led by Fetch.ai FET +22.42%. The rally coincides with Nvidia being the most valuable corporation in the world….
Rival company Bondex, powered by cryptocurrencies, claims to have raised over $10 million
Bondex, positioning itself as a potential web3 competitor to LinkedIn, declared that it had raised over $10 million. In addition to approximately $6.5 million from a community sale on CoinList…
Soon, Layer 2 Ronin zkEVM Will Be Available To Improve Blockchain Scalability
The blockchain gaming platform Sky Mavis, which powers Ronin, has revealed plans to introduce Ronin zkEVM, a Layer 2 chain that utilizes zero-knowledge (ZK) Ethereum Virtual Machine (EVM) technology. This…
Trezor Unveils the “Safe 5” Hardware Wallet, which includes a version that is exclusive to Bitcoin
The Trezor Safe 5, which costs $169, has a larger color touchscreen with haptic feedback, an advanced secure element that satisfies EAL 6+ certification requirements, and the ability to share…
Ethena improves the ENA tokenomics with stronger forced vesting and additional use cases
It has been made public that Ethena Labs’ native token, ENA, has undergone a significant modification in tokenomics. It is now required that at least half of the claimable tokens…