PolkaPort East has been granted a grant from Web3 Foundation, the organization fostering the expansion of the Polkadot ecosystem. The Decentralized Futures (DF) grant aims to drive technical, community, and wider ecosystem adoption while assisting in the further decentralization of Polkadot. Leading Polkadot’s growth strategies and investor relations, with a focus
June 5, 2024 2 mins read
Since the spot Ether ETF products were approved by the US SEC, the balance of Ethereum (ETH) on centralized exchanges has been rapidly decreasing. Most traders get their hands on Ethereum and other cryptocurrencies through centralized trading platforms. Ethereum’s availability is already under jeopardy, as top market expert Ali Martinez
June 3, 2024 1 min read
Several of the biggest international exchanges have withdrawn their applications for licenses from Hong Kong’s Securities and Futures Commission (SFC), seemingly undermining Hong Kong’s hopes of becoming the most sought-after location for Web3 and cryptocurrency. Exchanges, including OKX, Huobi, and Binance, have reportedly chosen to withdraw their applications in the
June 2, 2024 2 mins read
The EOS Network Foundation (ENF) is excited to announce that EOS Network has approved a revolutionary new tokenomics model that will boost the ecosystem’s economic potential and usher in a “New Era” for EOS. The #EOS Network Block Producers have reached a super majority consensus to approve the new tokenomics
May 31, 2024 3 mins read
Terraform Labs, led by Do Kwon that created the defunct LUNA cryptocurrency and the stablecoin TerraUSD (UST), has reached a preliminary settlement agreement with the SEC over fraud charges. Reuters broke the news of the settlement’s preliminary terms. All parties have notified the court of an agreement, according to the
May 30, 2024 2 mins read
Today, Pudgy Penguins, the brand development business behind the popular Pudgy Penguins character series, and Mythical Games, a cutting-edge gaming technology studio, announced a collaboration to create a unique web3-enabled mobile video game. The collaboration brings together the creators of the well-known Pudgy Penguins characters with the game company behind NFL
May 30, 2024 2 mins read
Ramp Network, a financial technology firm that is developing payment rails to link cryptocurrency to the global financial system, has announced that it is adding support for SEPA Instant bank transfers in Europe to its crypto-to-fiat off-ramp. Ramp is also expanding the number of local currencies it accepts for Visa
May 30, 2024 2 mins read
A complete on-chain solution for trading perpetual futures, Perpetual Hub has been introduced by Layer 3 liquidity protocol Orbs. Prior to today, the market’s leading solutions relied on an order book or virtual liquidity mechanism, both of which were inefficient in terms of capital. With an intent-based paradigm, Perpetual Hub
May 30, 2024 2 mins read
Officially, Hashdex is pulling the plug on their planned spot Ethereum ETF. This withdrawal came only one week after eight other issuers’ comparable bids were approved by the U.S SEC. On Tuesday, Nasdaq announced a change in strategy by withdrawing the Hashdex Nasdaq Ethereum ETF. Following the SEC’s approval of
May 30, 2024 2 mins read
Greg Solano, co-founder of Yuga Labs, has finally spoken out about his plans for the Bored Apes franchise as a whole. Solano took to his official X account to explain that he is holding himself responsible by basing his update on his 10-day check-in. Ever since it debuted and became
May 26, 2024 2 mins read