Horizen EON’s Archon bridge is now live on Horizen EON as per recent announcement. Archon is a prominent Web3 venture studio. The extensive range of services offered by Archon, including smart contract design, UI/UX development, dApp development, and project management, will greatly improve the capabilities and usability of the Horizen
November 10, 2023 1 min read
The Central Bureau of Investigation (CBI) of India is said to have selected digital asset custodian Liminal to handle the administration of confiscated digital assets. Liminal has previously assisted a CBI operation by forming a specialized team that developed multi-signature and multi-party computation wallets for the secure storage of confiscated
November 9, 2023 2 mins read
A huge number of shares in Robinhood (HOOD), a renowned trading platform located in the United States, were acquired by Cathie Wood’s ARK Invest the day after the business announced ambitions to expand into Europe. ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW), and ARK Fintech Innovation ETF
November 9, 2023 2 mins read
Bitwala, previously known as Nuri, is relaunching as a cryptocurrency banking platform in Europe after having shut down and returned client assets in 2022. On November 8th, Bitwala and the banking services provider Striga announced that they will be resuming business activities under the Bitwala brand. Moreover, Bitwala CEO Dennis
November 8, 2023 2 mins read
Coatue Management, a technology investment business based in the U.S, has written down its investment in the OpenSea NFT marketplace by 90%. Documents seen by The Information on November 7 revealed that Coatue had decreased its investment from $120 million to $13 million, suggesting that OpenSea’s on-paper worth had plummeted
November 8, 2023 1 min read
Due to increased competition for available block space, Bitcoin transaction fees are at their peak level in almost six months. BitInfoCharts reports that as of November 7th, the average BTC transaction cost was close to $6. This week, on-chain transactions have seen significantly increased costs due to the resurgence of
November 7, 2023 2 mins read
When comparing the blockchains with the highest total value locked (TVL) in DeFi, Ethereum, the leading altcoin and smart contract platform, had its TVL drop by 0.25%, to $24.05 billion, but it still leads the pack. Moreover, according to CoinShares’ most recent weekly report, $767 million has flowed into digital
November 7, 2023 2 mins read
As of Monday morning, there were almost 400 unique GROK tokens in circulation, with a total market value in the tens of millions of dollars. This allowed early investors to invest in multiples of their first token purchases. Several blockchains make it possible for anybody to make a call to
November 6, 2023 1 min read
Defunct crypto exchange FTX has submitted a petition to the Delaware bankruptcy court for the liquidation of trust assets held by Grayscale and Bitwise estimated to be worth $744 million. Statements from FTX and its debtors indicate that they expect this approach to facilitate preparation for payments to creditors in
November 6, 2023 2 mins read
Solana (SOL) is retaining its increasing pace as it surpasses Polygon (MATIC) in daily decentralized exchange (DEX) volume. According to recent statistics compiled by blockchain analytics platform Artemis, Solana now outpaces Polygon in terms of both daily transactions and total DEX volume. Compared to Polygon’s $137.4 million, Solana’s DEX volume
November 4, 2023 1 min read