Coinciding with a meteoric rise in inflation, crypto popularity in Argentina has reached new heights. According to researchers from Forbes, Argentina has been dominating the Western hemisphere in crypto adoption with an annual inflation rate of 276%. According to a Forbes report from July 8, experts found that among Western
July 9, 2024 1 min read
ShardLab, the innovation arm of Hashed, the world’s premier Web3 venture funding company, today announced the debut of its web application, which is driven by account abstraction (AA) and zero-knowledge (zk) technology. This app offers a revolutionary method for using decentralized identity (DiD) and smoothly distributing vouchers. This new app expands the usage
July 9, 2024 2 mins read
In order to list and trade shares of a spot Ethereum (ETH) exchange-traded fund (ETF), asset management firms VanEck and 21Shares have updated their S-1 registrations with the US SEC. The firm’s attempts to secure final clearance from the SEC for its Ethereum ETF included filings on July 8 in
July 9, 2024 2 mins read
SSV Network, a distributed validator network centered on Ethereum, has achieved a significant milestone in the restaking and staking ecosystems by achieving one million $ETH staked on its platform. After its permissionless network was unveiled in December 2023, the protocol went live officially, enabling a variety of partners and solo
July 8, 2024 2 mins read
Bitcoin miner capitulation gauges are getting close to the market bottom after the FTX crisis in late 2022, suggesting a potential bottom for BTC, according to market intelligence company CryptoQuant. As a means of survival or “earn yield or hedge their Bitcoin exposure,” some miners may cut down on operations
July 7, 2024 2 mins read
Cryptocurrency remittances to Venezuela have increased dramatically in the last year, reaching over $460 million. In general, the country’s remittances have increased as a result of the large number of migrants caused by the severe economic circumstances. Crypto adoption has been on the rise in Latin America and other regions
July 6, 2024 1 min read
Before the expected introduction of spot Ethereum exchange-traded funds (ETFs) in the US. The Grayscale Ethereum Trust (ETHE) is no longer trading at a discount to net asset value (NAV). Data from YCharts shows that on July 3, ETHE, which had traded at a discount for the previous three years,
July 5, 2024 2 mins read
DWF Labs, a Web3 investor, has announced the establishment of a $20 million US Cloudbreak Fund. The initiative seeks to provide significant financial support and strategic resources to promising projects and their founders in Chinese-speaking regions. Groundbreaking projects in the fields of GameFi, SocialFi, Derivatives, GameFi, and Layer 1/Layer 2
July 4, 2024 2 mins read
The non-custodial asset bridge provider Celer and the blockchain gaming ecosystem Oasys have partnered to provide Bridged USDC Standard support on the Oasys blockchain. The global financial technology company Circle Internet Financial (Circle) developed the Bridged USDC Standard to allow qualifying blockchains to have a future upgrade route from bridged USDC to native
July 3, 2024 1 min read
MANTRA, the Institutional-grade Layer 1 blockchain for tokenized RWAs, and MAG, a top real estate developer in the United Arab Emirates, announced a major collaboration today that will lead to the tokenization of MAG’s real estate portfolio worth half a billion US dollars, marking an important milestone in the global
July 3, 2024 2 mins read