Somnia, the Layer-1 blockchain built for high-demand consumer apps, has released its roadmap for moving the conventional gaming sector onchain. Its plan relies on merging its 400K TPS network for high-performance games with a $10M grant program to enhance web3 gaming. Record benchmarks performed on the Somnia devnet has demonstrated
January 15, 2025 3 mins read
Alibaba Cloud and 0G, the first decentralized AI operating system (dAIOS), are working together to promote Web3 innovation, decentralized AI infrastructure, and adoption in the Asia-Pacific region. This alliance is laying the groundwork for scalable, effective, and data-driven solutions by fusing 0G’s decentralized AI expertise with Alibaba Cloud’s industry-leading cloud
January 13, 2025 2 mins read
The victims of the cryptocurrency scam who were tricked into purchasing it in the hope of finding remote job possibilities had more than $2 million stolen from them, and New York Attorney General Letitia James is taking legal action to get it back. In a statement released on January 9th,
January 12, 2025 2 mins read
Spot Bitcoin ETFs are still all the rage, even after a year since they were approved. But there’s cause for concern over the outflow that was observed on the final day of this week. On the second day of outflows, BlackRock’s IBIT topped the charts with a colossal amount of
January 11, 2025 2 mins read
At the beginning of the new year, Bitcoin momentarily recaptured the $100,000 level, which caused investors to feel a tremendous amount of enthusiasm. The rise, on the other hand, did not last long since the sentiment of the derivatives market and the data from the macroeconomic data did not give sufficient support for
January 10, 2025 5 mins read
Decentralized physical infrastructure network for GPU clusters io.net and Alpha Network have partnered to provide a secure environment for web3 and AI apps. By addressing data security issues and democratizing access to AI infrastructure, the partnership will empower developers to create robust decentralized applications. Alpha Network, the first decentralized AI execution layer
January 9, 2025 2 mins read
Since 2009, when Bitcoin first appeared on the market, thousands of other cryptocurrencies have also emerged, many with more creative designs. Newer coins like ETH, BNB, BST, BAT, and MANA have much more utility, serving a variety of purposes within an expanding Web3 ecosystem, whereas Bitcoin and the initial alternatives
December 26, 2024 6 mins read
Reportedly, after Donald Trump’s victory in the US presidential election in November, the number of South Korean crypto holders rose. The number of cryptocurrency users in South Korea rose by 610,000 in November, according to Yonhap News, a South Korean media organization that published the statistics on December 25. Democratic
December 26, 2024 2 mins read
Investors are paying close attention to the well-known dog-themed meme cryptocurrency, SHIB, because of the recent spike in the burn rate. Amidst recent ecosystem events, there has been considerable optimism around the meme coin. Due to recent burn statistics showing that millions of coins were removed from the token’s circulation.
December 26, 2024 2 mins read
Justin Sun, founder of Tron, has started transferring Ethereum (ETH) to his cryptocurrency trading platform HTX once again. The transactions were made by Justin Sun on Christmas Eve, coinciding with the price of Ethereum starting its rebound, according to data from analytics company Spot on Chain. According to the report
December 25, 2024 1 min read