Wed, April 24

PayPal Expands Further Into Web3 With On and Off Ramps Payments

According to a recent press release, PayPal has expanded its presence in the Web3 sphere with the addition of PayPal On and Off Ramps integration. The most recent change is geared toward making digital wallets, decentralized dApps, and NFT marketplaces more readily available in the U.S to facilitate the buying

September 12, 2023 2 mins read

Animoca Brands Raises $20M Towards the Development of Mocaverse Platform

Animoca Brands, a Web3 and gaming firm, recently announced the successful completion of a fundraising round to hasten the creation of its Mocaverse platform. To boost its mission of making the Mocaverse project the identification and point system for Web3 games, culture, and entertainment, Animoca raised $20 million. Animoca Brands’

September 11, 2023 2 mins read

Binance NFT Marketplace Ends Support for Polygon Network 

In a significant move, Binance NFT Marketplace has announced it will cease support for the Polygon Network. The change takes effect on September 26, 2023, at 06:00 UTC. This decision aligns with the platform’s ongoing efforts to refine its product offerings. #Binance NFT will be discontinuing The Sandbox NFT Staking

September 11, 2023 2 mins read

Solana Price Witnesses Severe Decline Amid FTX Liquidation Claims

The cryptocurrency market has taken a hit recently with the majority of cryptocurrencies facing severe downtrend, and there are rumors that defunct crypto exchange FTX is planning to sell a large percentage of its assets. FTX is reportedly seeking permission from the court to liquidate its $3.4 billion worth of

September 11, 2023 2 mins read

Insolvent FTX Eyes Funds Recovery Paid to Athletes and Leagues

The new FTX administration has consulted with financial experts to determine whether or not it is possible to recoup the millions of dollars that were distributed to athletes, teams, and organizations for promoting the defunct cryptocurrency exchange. Moreover, according to court documents cited by Bloomberg, experts are looking into whether

September 10, 2023 1 min read

Ripple’s Chief Legal Officer Slams SEC Over Latest Filing

The Securities and Exchange Commission (SEC) has filed yet another interlocutory appeal in its relentless pursuit of a legal case against Ripple Labs. This latest move by the SEC has not gone unnoticed, Ripple’s Chief Legal Officer, Stuart Alderoty, was quick to label it as “hypocritical.” Another SEC filing, another

September 9, 2023 2 mins read

XRP Price Consolidates; Potential Break Below $0.49 Looms

Prominent crypto statistics provider Kaiko recently highlighted the XRP’s current trading volume of $779 million. The figure is up from $462 million trading volume in August. This last month figure is notable since it is four times more than the volume of transactions for the second cryptocurrency on the list.

September 8, 2023 2 mins read

Toncoin (TON) Price Maintains Bullish Momentum Defying Market Trend

The Open Network Foundation (TON Foundation) has announced its formal start as a Swiss non-profit organization. This is in order to aid in the development of The Open Network (TON). The ability of the TON Foundation to effectively plan, strategize, and implement its purpose to promote the TON ecosystem is

September 7, 2023 2 mins read

Polygon Foundation Selling MATIC? CEO Responds

Two wallet addresses labeled as Polygon Foundation have raised eyebrows within the crypto community by depositing over 10.6 million MATIC tokens into the Binance exchange over the past month. While this has prompted concerns about potential token sales, Polygon’s CEO, Marc Boiron, has denied the report and any involvement by

September 7, 2023 2 mins read

Coinbase’s Layer-2 Network Base Suffers First Significant Outage

Since its public release on August 9, Ethereum layer-2 network Base by Coinbase has experienced its first significant outage. No new blocks were created on the Base chain for around 45 minutes on September 5. The “stalled” block production was initially noticed by its developers at 9:36 pm UTC. However,

September 6, 2023 1 min read