One of the most prominent names in Bitcoin mining, Riot Platforms, has announced a massive increase to its cryptocurrency holdings, with the acquisition of 667 BTC, or around $67.5 million. The biggest mining operation in North America is run by this corporation, which is devoted to mining. The firm is
December 16, 2024 2 mins read
Following a little pullback earlier this week, major altcoins are recovering positive momentum today. From its weekly low of $1.94 to its present price of $2.40, XRP has made a spectacular rebound, standing out among the top performers. Here we can see a gain of 2.15% in the previous day.
December 16, 2024 2 mins read
In partnership with Blocks Scholes, Bybit, the second-largest cryptocurrency exchange globally in terms of trading volume, released a new derivatives analytics report that shows ETH perpetual positions are retreating as it continues to dominate BTC in options open interest. The drop in ETH open interest, which analysts attributed to lackluster spot
December 13, 2024 2 mins read
In order to facilitate a new era of sustainable token economies, Quadratic Accelerator (q/acc) has successfully gone live on Polygon zkEVM. By using Augmented Bonding Curves (ABC) and Quadratic Funding (QF), the protocol reimagines conventional token generation events to provide more fairer and robust token launches based on long-term value creation and community
December 12, 2024 3 mins read
The permissionless platform that is pushing innovation in Automated Market Maker (AMM) technology, Balancer, has officially unveiled Balancer v3, a breakthrough upgrade that is aimed to take decentralized finance into its next phase. With a primary emphasis on the optimization of liquidity and the empowerment of developers, version 3 provides 100%
December 12, 2024 5 mins read
In an effort to broaden its ecosystem to include game developers and studios, Gomble Games, the blockchain division of 111%, is introducing the GOMBLE BUILDERS Platform. Within the Gomble Games ecosystem, this new platform seeks to provide a cooperative setting where creators may access tools, resources, and intellectual property (IP) to produce
December 10, 2024 3 mins read
The DePIN for GPU compute, io.net, and Mira Network, a provider of trustless AI output verification, have announced a strategic alliance. The partnership will provide scalable, decentralized solutions for cutting-edge AI applications while addressing issues with AI accuracy and dependability. Consensus techniques are used by Mira’s AI output verification system to drastically
December 10, 2024 3 mins read
In an effort to make Web3 more accesible, user-friendly, and incorporated into users’ everyday lives globally, Binance, the leading blockchain ecosystem in the world and behind the biggest cryptocurrency exchange in terms of both trading volume and users, today announced the relaunch of the Binance Wallet (formerly known as the Binance Web3
December 9, 2024 3 mins read
Prominent Web3 payments infrastructure provider Transak is thrilled to announce that it has integrated with Phantom, one of the cryptocurrency ecosystem’s fastest-growing non-custodial wallets. This collaboration represents a major advancement in the accessibility and use of digital assets for a worldwide audience, made possible by Meld, a global on-ramp and
December 5, 2024 3 mins read
In a major step toward bringing traditional financial assets onchain, Backed, a pioneer in asset tokenization solutions, Sonic (fka Fantom), an EVM L1 blockchain that provides developers with alluring incentives and robust infrastructure, and Chainlink, the industry standard for onchain finance, have announced that they are collaborating with Fortlake Asset Management
December 4, 2024 3 mins read