With the acquisition of Money Transmitter Licenses (MTLs) in the states of Illinois and Missouri, Transak, a leading provider of Web3 payments infrastructure, has further strengthened its regulatory footprint in the United States. Through the acquisition of these licenses, Transak is now allowed to directly facilitate crypto transactions for people and companies
February 20, 2025 5 mins read
In order to incentivize the development of native decentralized apps, Sonic SVM, the first chain extension for Solana, has organized a hackathon and invited judges to evaluate the entries. Teams developing dapps for the gaming-optimized Sonic chain, whose mainnet launches on February 27, may win prizes at the Mobius Hackathon. A $1 million
February 17, 2025 2 mins read
Hyve, a high-throughput middleware data availability protocol that is safeguarded by Symbiotic is ecstatic to announce that it has secured pre-deposits totaling $50 million dollars from early contributors (restakers) in only two weeks. The introduction of the Symbiotic mainnet on Tuesday, January 28th, marked the beginning of pre-deposits for HyveDA’s high-performance Data Availability solution.
February 14, 2025 4 mins read
The total value locked (TVL) of Sumer Money, a DeFi liquidity infrastructure protocol, has surpassed $100 million milestone. In addition to demonstrating Sumer’s growth as a capital-efficient lending and synthetic asset protocol, this milestone also serves to reinforce its objective to increase the usefulness of Bitcoin within the context of decentralized finance
February 13, 2025 3 mins read
Bybit, the world’s second-largest cryptocurrency exchange in terms of trading volume, hosted an exciting livestream with the title “Web3 Roasts: Are AI Memes Just Hype or the Real Deal?” The event brought together prominent figures in the fields of Web3 and artificial intelligence. During the event, participants defended their ideas and handled
February 6, 2025 5 mins read
As per the recent Binance Research report, there are many obstacles in the way of scientific research, especially when it comes to using translational research to turn fundamental findings into practical applications. The “Valley of Death” causes 80–90% of research efforts to fail before they can be tested on humans, and
January 28, 2025 3 mins read
The full-stack, chain-agnostic Web3 gaming platform Funtico has announced the launch of its Token Generation Event (TGE), which will introduce the $TICO token to the market. Exchanges such as Gate.io, MEXC Global, BitMart, and Uniswap, which are among the most prominent cryptocurrency exchanges, will begin trading $TICO at 12:00 PM UTC. The
January 27, 2025 3 mins read
In an almost anticlimactic turn of events after Trump’s inauguration, Bybit, the second-largest cryptocurrency exchange in the world by trading volume, presented the most recent weekly crypto derivatives report in partnership with Block Scholes, acknowledging the muted optimistic mood in the crypto markets. With the Trump family meme coins TRUMP
January 27, 2025 2 mins read
The decentralized wireless network World Mobile and Tenity have announced the launched of a $25 million Grant Program. A new wave of blockchain-driven solutions that combine decentralized technology with physical infrastructure is anticipated as a result of this effort, which aims to promote Decentralized Physical Infrastructure Network (DePIN) innovation. Tenity, an early-stage
January 23, 2025 3 mins read
NiceHash ASIC Manager is the latest addition to its product portfolio for ASIC miners, and NiceHash is excited to announce its arrival. When it comes to software products, ASIC Manager (AM) is the one that completes the whole circle of what is required to efficiently operate a mining operation. You are now able
January 22, 2025 3 mins read