With a $10 million initial funding, Saakuru Labs and Memecore announced the establishment of a joint foundation with the goal of investing in and acquiring meme coin communities and games that would integrate into the Saakuru and MemeCore ecosystems. This strategic collaboration will boost activity on the Memecore Layer 1 protocol and
October 17, 2024 1 min read
Singularity Finance, an EVM Layer-2 for tokenizing the Real World Assets (RWA) of the AI economy, will be launched via a strategic token merger announced by SingularityDAO, Cogito Finance, and SelfKey. Web3 will be accelerated by a platform optimized for AI tokenization that is powered by the combination of the
October 15, 2024 3 mins read
In its pursuit of methods to use its substantial earnings, Tether Holdings Ltd., the corporation responsible for the USDT stablecoin, is contemplating financing to commodities traders. The corporation has reportedly approached many commodities businesses about US-dollar lending, according to sources familiar with the situation. A market that has relied on
October 15, 2024 2 mins read
Shaktikanta Das, governor of India’s Reserve Bank (RBI), has emphasized the potential usefulness of the country’s digital rupee and restated his support for Central Bank Digital Currency (CBDC). Further, he reiterated his prior position on digital assets by praising the innovation and suggesting it may be used to circumvent certain
October 14, 2024 2 mins read
The presidential campaign of Kamala Harris received a donation of $1 Million in XRP from Chris Larsen, co-founder of Ripple. A civic action organization that backs her bid for the 2024 election, Future Forward USA, received the funds. The timing of the financial contribution is not ideal for Ripple. The
October 14, 2024 2 mins read
After momentarily challenging the $555 support level, BNB, the native token of BNB Chain, gained 4.1% from October 10th to October 11th, indicating resilience. Despite a drop in the overall cryptocurrency market since July, the price of BNB has been quite consistent. The success of BNB has propelled it to
October 13, 2024 2 mins read
Charles Hoskinson, founder of Cardano, wasted no time criticizing Craig Wright after his most recent legal move—a massive £911 billion lawsuit against Bitcoin Core and Square. An influential crypto figure, Hoskinson, has voiced his displeasure with Wright’s continuing legal proceedings. He wanted to know why the authorities keep letting these
October 12, 2024 2 mins read
Launching a crypto derivatives exchange to compete with Binance and other competitors is a possible next step for OpenAI-backed crypto company Arkham Intelligence. The new company, along with the firm’s intentions to relocate, are set to start in November. This is according to an unnamed source familiar with the situation.
October 11, 2024 2 mins read
Ubisoft, a leading video game developer announced that it would leverage web3 technologies to launch its first game smoothly. Champions Tactics: Grimoria Chronicles will launch on HOME Verse, the layer-2 network that is a component of the Oasys gaming ecosystem, on October 23. With the help of Oasys and double jump.tokyo, Ubisoft is
October 10, 2024 3 mins read
The Sui Foundation has recently announced support for native USDC on the Sui network. NAVI, the inaugural and leading DeFi and liquidity protocol on Sui, announced that it would integrate Circle’s native USDC asset on DAY 1. This represents the third biggest USDC supply in the sector, after Aave and Compound, with
October 9, 2024 3 mins read
