Fri, April 19
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Shanawaz

A crypto enthusiast. Loves to write. Gives full dedication to every task assigned. Specializes in delivering on tight deadlines. An animal lover, especially dogs.

Posts by Shanawaz

Investors Await Upcoming U.S Economic Data as High Volatility Expected

Investors Await Upcoming U.S Economic Data as High Volatility Expected

All eyes are on the impending release of critical economic figures as the cryptocurrency market prepares for a significant week. U.S statistics from the Consumer Price Index (CPI) and the Producer Price Index (PPI) are anticipated by investors with great anticipation, as they will provide insight into inflation tendencies. Amidst

April 8, 2024 2 mins read
FLock.io Teams Up with io.net for Decentralized AI Computing Revolution

io.net Partners with KREA to Revolutionize AI-powered Multimedia Creation

io.net, a decentralized computing expert, and KREA, an AI image and video platform, have partnered in a noteworthy partnership for AI-powered multimedia creation. With this collaboration, KREA will be able to provide computational capabilities for its AI projects to a wider range of clients, including industry heavyweights like Nike (NYSE:NKE),

April 5, 2024 2 mins read
Zeus Network Raises $8M to Further Boost Solana Blockchain

Zeus Network Raises $8M to Further Boost Solana Blockchain

With more than $8 million in financing from prominent venture capital companies and angel investors, Zeus Network has shown that its goal of improving the Solana blockchain platform is backed up. Notable companies including UTXO Management, Anagram, Animoca Venture, Portal Venture, Big Brain Venture, Comma3, Axia8, Lemniscap, Spartan, IVC, AppWorks,

April 4, 2024 1 min read
Pyth Network Launches USDB and W/USD Price Feeds

Pyth Network Launches USDB and W/USD Price Feeds

The Pyth Network is thrilled to launch the USDB and W/USD price feeds. The primary platform for multi-chain bridges and apps interoperability, @wormhole, has $W as its governance token. There are now over 50 blockchains that support the Pyth W/USD price feed. Unlike previous oracles, this Pyth instance responds to the

April 3, 2024 0 mins read
Binance Launches 'Megadrop' for Exclusive Access to Web3 Projects With Rewards

Binance Inscription Marketplace Boosts Accessibility with ARC-20 Token Support

Binance is pleased to announce that the Binance Inscription Marketplace now accepts ARC-20 tokens. ARC-20 is a fungible token standard based on the developing Atomicals Protocol on Bitcoin. Binance is a trusted global blockchain ecosystem with over 185 million users globally. In addition to the many functionalities that are currently

April 3, 2024 3 mins read
Powerloom Surpasses 5200 Snapshotter Lite Nodes, Expands to Base Ecosystem

Powerloom Surpasses 5200 Snapshotter Lite Nodes, Expands to Base Ecosystem

The first node built on Base, an Ethereum Layer-2 scaling solution developed by Coinbase, marks Powerloom’s entry into the Base ecosystem. Powerloom is a leading composable data network that allows protocols to index and query blockchain data in a decentralized way. In keeping with its mission to provide actionable onchain data

April 2, 2024 2 mins read
Binance Expands Portfolio Margin Product Accessibility, Introduces Unified Wallet

Binance Charity and Children of Heroes Team Up for Ukraine’s War-Affected Kids

Binance Charity, the charitable arm of the world’s leading blockchain ecosystem, joins forces with the Children of Heroes Foundation in an effort to provide aid and psychological rehabilitation to children affected by the continuing conflict in Ukraine. Together, they want to host “I am Da Vinci,” a 12-day rehabilitative camp for

April 2, 2024 2 mins read
Crypto Exchange Upbit's Trading Volume Plummets Drastically After March Peak

Crypto Exchange Upbit’s Trading Volume Plummets Drastically After March Peak

After hitting a peak in early March, the 24-hour trading volume at Upbit—one of the largest cryptocurrency exchanges in South Korea—fell to $3.8 billion at the beginning of April. The Upbit exchange reached this year’s all-time high trading volume of around $15 billion on March 5. The fact that Bitcoin

April 2, 2024 1 min read
March Sees Crypto Firms Raise Over $1.4 Billion, Marking 18-Month High

March Sees Crypto Firms Raise Over $1.4 Billion, Marking 18-Month High

March saw the most financing for cryptocurrency firms in 18 months, as a result of a deluge of early-stage investments into crypto and blockchain-related businesses. As per statistics, over $1.4 billion has been invested in cryptocurrency firms. March was the biggest month for the sector’s fundraising since September 2022, when

March 31, 2024 1 min read
Base Hits Record Transaction Volumes in March, DeFi Activity Surges

Base Hits Record Transaction Volumes in March, DeFi Activity Surges

Daily transactions and trade volumes on the layer two blockchain Base, which is incubated by Coinbase, continue to soar as March draws to a close, reaching record highs. According to statistics from a Dune Analytics dashboard, Base saw an all-time high of 2.27 million transactions on March 29. The weekly

March 31, 2024 1 min read