Fuse Network, a payments-focused blockchain, has announced a strategic partnership with Stargate, the industry’s leading cross-chain asset bridge. Through the use of Stargate’s Hydra technology, the collaboration seeks to improve cross-chain interoperability and liquidity inside the Fuse ecosystem, enabling smooth, safe, and economical asset transfers. As it looks to grow its
December 3, 2024 2 mins read
Bybit, the second-biggest cryptocurrency exchange globally in terms of trading volume, has set new Web3 growth benchmarks inside the TON ecosystem. SpaceS, Bybit Web3’s first fly-to-earn and meme-filled Telegram game, has been a huge success, and its organic connections with The Open Network (TON) have accelerated the growth of its
November 30, 2024 3 mins read
An increase in trading activity and market speculation has been indicated by the substantial jump in bitcoin futures open interest after Donald Trump’s U.S. presidential election win on Nov. 5. Experts insist that leveraged trades are safe from an impending market correction, despite the spike. Coinglass data shows that the
November 29, 2024 2 mins read
Pump.fun’s livestream feature has caused major controversy and is the target of criticism. The platform allows users to quickly create meme coins. The feature has been called for removal because of its abuse for extreme content and financial fraud, despite its original intent of helping developers market their ideas. Things
November 25, 2024 2 mins read
In a settlement with the class action lawsuit, Shaquille O’Neal has consented to pay $11 million. The complaint was filed by holders of the Astrals NFT collection. Judge Federico Moreno must now decide whether or not to approve the settlement. Which was presented as an uncontested proposal on Monday in
November 25, 2024 2 mins read
HashKey Global, a licensed virtual asset exchange, has partnered with Sonic, a layer-2 network in the Solana ecosystem. Sonic will be a Web3 partner of HashKey Global. The two sides will work together around the Solana ecosystem to provide users of digital assets and global players better creative experiences. HashKey Global will
November 25, 2024 3 mins read
Despite announcing plans for expansion in the next year, Axie Infinity maker Sky Mavis has announced the layoff of 21% of its employees. As per a report by TechInAsia, out of around 250 worldwide team members, over 50 are scheduled to be let off. CEO and co-founder Trung Nguyen stated:
November 25, 2024 1 min read
In light of a rumoured inquiry into the platform’s compliance with local gambling regulations, prediction marketplace Polymarket has widened its access restrictions to include users in France. Although the company has not yet made an official announcement regarding the ban on French users. A message stating that Polymarket is in
November 23, 2024 2 mins read
Another high-ranking US Securities and Exchange Commission (SEC) officer has announced their impending resignation, drastically altering the trajectory of the agency. A statement made on November 22nd states that SEC Commissioner Jaime Lizárraga would resign on January 17th, which is less than three years after taking the oath of office.
November 23, 2024 2 mins read
Market excitement was sparked by Senator Cynthia Lummis’ recent statement that increasing Bitcoin holdings might contribute to halving the US debt in 20 years. Notably, Lummis has been an outspoken advocate for Bitcoin, which has recently drawn a lot of interest from players in the cryptocurrency market. Despite this, the
November 22, 2024 2 mins read
