Fundraising in the cryptocurrency market reached $2.4 billion in the first quarter of 2024, thanks to a shift in market mood and fresh inflows. According to a recent PitchBook analysis, the cryptocurrency sector saw a huge increase in investment numbers quarter-on-quarter. The bull market in Q1, during which cryptocurrency values
May 18, 2024 2 mins read
Supra, a leading provider of Oracle data feeds and verifiable randomness across 80+ blockchains, is thrilled to announce its integration with ApeChain, making it the first Oracle price feeds and verifiable randomness protocol to be deployed on Arbitrum’s new Layer 3. GameFi, DeFi, and other decentralized apps based on ApeChain will be able to
May 16, 2024 3 mins read
Today marks the debut of Pyth Price Feeds on Xion, the first blockchain designed specifically for consumer adoption by providing seamless user experiences for everyday consumers via crypto abstraction. Xion-based smart contract developers now have access to more than 500 real-time price feeds for both digital and conventional asset types. XION
May 15, 2024 4 mins read
Three new C-suite executives have joined the team at Brillion, a smart wallet development company. The new leadership will boost Brillion’s efforts to develop and market solutions that combine digital assets with conventional finance by bringing a variety of leading-edge industry experience. After working as the CTO and CPO for
May 15, 2024 3 mins read
Michael Novogratz, CEO of Galaxy Digital, has expressed pessimism about the short-term future of Solana, Ethereum, and Bitcoin. While adoption from more conventional investors increases, Novogratz predicted that Bitcoin’s price would stay relatively flat this quarter on a May 14 conference call. Following last week’s corrections that saw Bitcoin’s price
May 15, 2024 2 mins read
Binance has added the FLOKI memecoin to its listing in Thailand. The result is a dramatic increase in the value of the memecoin. FLOKI, which has been steadily growing in popularity in Thailand, went to X to announce the new listing. The FLOKI price surged by over 7% post the
May 14, 2024 2 mins read
The IVS KYOTO Executive Committee is thrilled to announce that in the next weeks, it will host one of Japan’s biggest and most renowned annual crypto conferences. This year’s Japan Blockchain Week Summit will take place at the Kyoto Pulse Plaza with the three-day IVS Crypto 2024 KYOTO event, which runs
May 13, 2024 6 mins read
Due to a precipitous drop in transaction volumes, Bitcoin’s on-chain activity has been approaching record lows throughout the last two months. This slump follows Bitcoin’s all-time high earlier this year and is more a result of market uncertainty and apprehension than a foreshadowing of future price declines. The on-chain transaction
May 12, 2024 1 min read
Bitcoin (BTC) has been yet again endorsed by Rich Dad Poor Dad author Robert Kiyosaki. Despite his penchant for making such predictions, he is of the opinion that the cryptocurrency may mitigate the effects of the US dollar downfall this time. South Africa is one of the original members of
May 12, 2024 2 mins read
The rebound in the cryptocurrency markets in the first quarter of 2024 drove a dramatic increase in revenue for Digital Currency Group (DCG). The crypto behemoth reportedly informed shareholders in a letter that revenue increased 51% year-over-year to $229 million. Despite $17.4 billion flowing out of its Bitcoin fund since
May 10, 2024 1 min read