Pre-staking for $NIM holders has been announced by Layer-1 payments blockchain Nimiq, which is a significant step toward its much awaited migration to Proof-of-Stake (PoS). This initiative not only prepares the way for the network’s transition to a more energy-efficient, decentralized proof of stake consensus, but it also pays out
October 7, 2024 3 mins read
High levels of interest in the 2024 US presidential election and Middle Eastern geopolitical events drove September’s trading volume of $533.51 million on the blockchain-based prediction platform Polymarket. Moreover, this is an increase of $61.51 million over August’s $472 million, as reported by Dune Analytics. Also, the number of active
October 5, 2024 2 mins read
Truflation, the prominent reference point for real-world assets (RWA) indices, has partnered with Sphinx, one of the leading derivatives trading platforms. Through this partnership, consumers will benefit more from the combination of Truflation’s real-time inflation data and Sphinx’s blockchain-based commodities trading platform. This alliance aims to leverage the increasing demand for
October 4, 2024 1 min read
September saw a precipitous drop in trading volume on crypto exchange Binance. A CCData analysis states that derivative trading volume on Binance hit a low of $1.25 trillion in September, down 21% from the previous month and the lowest since October 2023. As a result of the drop in trading,
October 3, 2024 2 mins read
Unioverse, a galactic sci-fi world and game creation platform, has announced a cooperation with N-Fusion, a prominent video game development studio. By working together, the development of games inside the Unioverse ecosystem will pick up speed, giving gamers more chances to explore the ever-expanding web3 gaming world. The Unioverse, a community-owned
October 2, 2024 3 mins read
The Delaware Division of Corporations website now displays an application for a Bitwise XRP exchange-traded fund (ETF). The filing states that the Bitwise XRP ETF was established on September 30, 2024. The CSC Delaware Trust Company, with headquarters in Wilmington, Delaware, was named as the registered agent. Brad Garlinghouse, CEO
October 2, 2024 1 min read
Bringing together the best of both worlds, Pos Indonesia, the state-owned postal service of Indonesia, has released its first-ever postage stamps including non-fungible token (NFT) equivalents. “Cenderawasih,” which translates to “bird of paradise,” is the subject of Pos Indonesia’s first NFT stamp, which the organization announced on its Instagram page.
October 1, 2024 2 mins read
Spheron, a decentralized platform leveraging compute resources, has announced the launch of Fizz Nodes, which allow users to participate in the Spheron network and gain rewards by offering computational resources to deploy AI workloads on the edge, without the stringent reliability demands of traditional provider nodes. By delivering GPU and CPU resources
October 1, 2024 2 mins read
Camino Network, a blockchain-based infrastructure for the travel industry, is thrilled to announce its collaboration with Fireblocks, an enterprise platform for managing digital asset operations and developing creative businesses on blockchain. Users of the Camino Network will have access to over 2,000 trading venues, counterparties, and liquidity partners on the Fireblocks
September 30, 2024 3 mins read
Two significant updates, “fixEmptyDID” and “fixPreviousTxnID,” were recently released to the XRP Ledger (XRPL). Some bullish market sentiment was sparked by the recently offered enhancements, which got positive feedback. This is subsequent to the preceding fixAMMv1_1 amendment’s implementation. With the impending debut of the USD-backed stablecoin RLUSD, the Ripple ecosystem
September 30, 2024 1 min read