Blockchain developer HOT Labs has received a $500K grant from the TON Foundation, which is in charge of The Open Network’s (TON) development. A platform for deploying and managing memecoins on TON will be developed with the help of the funding. Founded by Petr Volnov and Yuriy Olentyr, HOT Labs is a research
November 25, 2024 2 mins read
The first bitcoin spot index options including a cash settlement will be introduced by Cboe Global Markets. Options based on the newly created Cboe Bitcoin US ETF Index, which will monitor the performance of spot bitcoin ETFs traded on U.S. exchanges, are set to debut on Monday, Dec. 2. Cboe
November 23, 2024 2 mins read
Aave, a pioneering protocol in decentralized finance (DeFi), has reached a significant milestone: $10 billion in active loans. From $3.4 billion at the beginning of the year, this is a 300% increase in lending activity. Active loans on the platform rose by 16.4 percent to $10.04 billion in the previous
November 21, 2024 1 min read
A positive outlook for Bitcoin’s ability to reach $100,000 is indicated by MicroStrategy’s announcement that it has upped its forthcoming note offering to $2.6 billion. The biggest Bitcoin holder among corporations, MicroStrategy, is planning to acquire further BTC to the tune of $2.6 billion via zero-interest senior convertible notes. According
November 20, 2024 2 mins read
In a time in which blockchain innovation interacts with social problems, DWF Labs has announced that they would be providing a grant of $500,000 to $BARSIK, a project that is focused on the welfare of cats. This announcement has aroused a lot of curiosity. On November 19, the prominent Web3 corporation made
November 20, 2024 2 mins read
With the announcement of HARD.fun, the first decentralized memecoin creation platform in the market, Kava, the open-source, non-custodial DeFi ecosystem, has opened the door for the entire cryptocurrency community to realize their memetic visions. An overwhelming majority (more than 80%) of holders of Kava Lend’s governance token, HARD, voted in favor
November 20, 2024 3 mins read
Fully Homomorphic Encryption (FHE) Layer 2 Fhenix has announced a significant upgrade to its testnet . Fhenix is getting closer to its mainnet debut with the release of Nitrogen, the most recent version, which adds significant new decryption capabilities. By using the Threshold Network, which is the mechanism that Nitrogen employs to
November 20, 2024 3 mins read
Dojima Foundation has made an announcement on the debut of Omnichain Web, which is an infrastructure that is intended to hasten the adoption of Web3 by the general public by means of seamless chain integration and better interoperability across different chains. There are now over one hundred protocols that are
November 20, 2024 2 mins read
US spot Bitcoin exchange-traded funds still buy more bitcoins per day than are being produced. According to Coinglass, the total aggregate inflows across all eleven ETFs amount to around $814 million. Assuming institutional investors maintain their present pace of coin hoarding, a massive supply shock is likely, given that around
November 20, 2024 1 min read
To enhance supply chain procedures and cross-border agricultural commodity transactions, the second phase of the Drex central bank digital currency (CBDC) pilot was established by Brazil’s central bank, Banco Central do Brasil (BCB). Moreover, in the second stage, it will employ blockchain and oracles to create a trade financing solution.
November 19, 2024 2 mins read