With a 12% increase to a record high of $20.8 billion on Friday, the futures open interest in Ethereum may be indicating positive momentum in the derivatives market. According to data from CMC, Ethereum has risen 7.31% in the last 7 days, trading at $3,279 at the time of writing.
November 23, 2024 2 mins read
At the North American Blockchain Summit on November 21st, CFTC Commissioner Summer Mersinger spoke about the need for notice and comment regulation in creating uniform US regulations around cryptocurrency. As the new allegations against Uniswap Labs demonstrate, the current “regulation by enforcement” policy is a joint effort by the SEC
November 22, 2024 2 mins read
The MomentumX Accelerator has been launched by Web3 privacy layer COTI in collaboration with IDO platform Poolz. Through the MomentumX Boost Plan, a collection of services that provide companies with the tools they need to thrive, the accelerator will assist ventures expanding on COTI’s technology stack. The MomentumX Accelerator was created
November 22, 2024 2 mins read
Printemps, the prominent department store chain, has announced a significant development in the French retail sector: customers of Printemps can now easily use digital assets to shop for high-end fashion, beauty, and lifestyle products at any of the 20 Printemps stores nationwide. This development is made possible by Binance Pay, the
November 22, 2024 2 mins read
Following a comprehensive testnet campaign that saw over 25,000,000 transactions and 2,000,000 unique wallets engage with a chain, Prom, a scalable network that is built on Polygon SDK, made the announcement today that it has launched its mainnet. Because Prom utilizes zero-knowledge proof technology to enable greater throughput, decreased transaction
November 21, 2024 3 mins read
The digital wallet platform of crypto exchange giant Coinbase, Coinbase Wallet, has announced a new incentive structure for USDC, a stablecoin tethered to the US dollar. On the Coinbase-incubated Layer 2 network Base, users who hold USDC in their Coinbase Wallet now have the opportunity to earn a 4.7% annual
November 21, 2024 2 mins read
The worldwide client base of Crypto.com will have access to a wide variety of new global merchants as a result of a strategic relationship that was recently announced between Triple-A and Crypto.com. Crypto.com users will soon be able to make purchases from renowned e-commerce companies directly using cryptocurrency from inside their
November 21, 2024 3 mins read
A new record of $33.5 billion has been reached so far this year by global crypto funds managed by global asset managers. According to CoinShares, these funds have now had net inflows for six weeks running, with an additional $2.19 billion. The funds’ assets under management have reached a new
November 18, 2024 1 min read
With the debut of its Devnet, Somnia—the dream computer for a fully on-chain world—offered the world a preview of its high-performance blockchain, which is intended to manage reactive mass-consumer apps like as gaming, SocialFi, DeFi, and metaverses. Developers and Web3 users may now independently test the blockchain and evaluate Somnia’s 400k TPS
November 15, 2024 2 mins read
Memelandia, a decentralized hub aimed to grow its meme coin environment, introduced by the Open Network (TON). This initiative makes use of TON’s Telegram integration to boost meme activity on the platform. Additionally, TON Memelandia announced the start of its Memecoin Battles, in which memecoin communities, token developers, and traders would vie
November 15, 2024 3 mins read
