Vladimir Putin, Russia’s president, has signed new legislation limiting cryptocurrency mining in certain areas in an effort to control the country’s energy use. As part of its larger attempts to control the sector and save power during winter peak hours, Russia has imposed certain limits. Between December 2024 and March
1 hour ago 2 mins read
In order to include NFT-based ticketing technology, Hashed and its technological arm, ShardLab, have partnered with Naver Pay, one of the highest-used mobile payment services in South Korea. Over 20,867 NFTs were issued and 8,849 transactions were processed during the two-day event, which was launched at Naver’s annual technology conference, DAN24, with
20 hours ago 2 mins read
An 8-K filing with the Securities and Exchange Commission (SEC) on Monday revealed that business intelligence company MicroStrategy, a corporate bitcoin holder, purchased an extra 51,780 bitcoins for almost $4.6 billion, with an average price of $88,627 per bitcoin, between November 11 and November 17. It follows the selling of
November 18, 2024 1 min read
The Volt App 2.0 debut has been announced by Fused. With a number of new features, including a cryptocurrency debit card, the most recent iteration of its non-custodial DeFi app transforms it into a decentralized banking ecosystem. A powerful decentralized application, Voltage App offers a full range of financial tools to promote widespread
November 15, 2024 2 mins read
In order to integrate its quickly expanding gaming ecosystem with the Sei network, Drift Zone, the Web3 gaming company creating the next generation of Gacha games, has secured a $190,000 grant. With its Telegram mini-game Drift Zone: Arena already having over 500,000 players, the studio is proving that broad Web3 adoption can be
November 15, 2024 2 mins read
The arrest of SK Masud Alam, a resident of West Bengal, by the Delhi Police in relation to the ₹2,000 crore hack on cryptocurrency exchange WazirX is a significant development. Allegedly, Alam used a phony account to launch the assault, which sought to compromise both the hot and cold wallets
November 14, 2024 2 mins read
Zero Gravity Labs (0G Labs or 0GL), a core contributor developing the software that will power the world’s first decentralized AI Operating System (dAIOS), has reached a fundraising milestone by raising $40 million from leading venture capitalists, following a $35 million pre-seed round earlier this year. Additionally, $250 million has been
November 14, 2024 3 mins read
After a successful proof of concept, COTI, a leading Web3 privacy layer, has revealed its cross-chain privacy protocol. For businesses, decentralized apps (dApps), and builders across 70 supported chains, COTI is expected to provide privacy-on-demand. In order to support a variety of DeFi and web3 applications, the new functionality seeks to provide
November 13, 2024 1 min read
According to statistics provided by DeFiLlama, Binance, which is the leading blockchain ecosystem in the world and the biggest cryptocurrency exchange in terms of trading volume and users, has achieved two consecutive billion-dollar inflow weeks. This brings the total amount of net inflows for the month of November to more than
November 12, 2024 2 mins read
Truflation, a leader in real-time financial data and real-world asset indices, is pleased to announce the GameFi Index‘s launch. Referred as Play-to-Earn (P2E) protocols, this cutting-edge tool is designed to monitor the return performance of popular blockchain-based gaming platforms. As of Q2 2024, the GameFi sector has attracted over $1.1 billion in investments
November 12, 2024 2 mins read
