The overall crypto market, much to investor relief, has begun showing signs of price recovery. Leading cryptocurrencies have shown upward movements in price. Parallely, Ripple’s XRP also witnessed price hikes in Asian morning hours. The token recorded a 1.53% increase in price over the last 24 hours. Notably, it initially
Chain abstraction pioneer Particle Network, along with multiple leading blockchain ecosystems in the Web3 scene, has introduced the Chain Abstraction Coalition, an initiative designed to solve one of the most persistent problems in Web3: Fragmentation. Blockchain fragmentation results in different challenges for Web3’s users and developers, stagnating the ecosystem’s growth
The US Spot Bitcoin ETFs witnessed another consecutive day of inflows in the last 24 hours. While the past week witnessed an eventful crypto market crash, Investors after a brief FUD stepped up to take advantage of the price dip. Thus, despite the increasing liquidations, investments also soared in the
Coinbase, the largest cryptocurrency exchange in the USA, has added the altcoin Stader (SD) to its listing roadmap. According to Coinbase’s official statement, SD will be supported on the Ethereum network, generating excitement within the community. While being added to the roadmap does not guarantee a listing, historically, these tokens
Ethereum’s recovery rally has gained momentum, with the price jumping in the last 48 hours, as Bitcoin sustains its position above the crucial $56,000 support level. The recent surge in ETH’s price, coupled with $52M in short-side liquidations, suggests that the bearish grip on the Ethereum price trend is loosening.
Sovereign Nature Initiative (SNI) has announced its partnership with Unique Network and WalletConnect on Polkadot. DOTphin, which will make its official debut at Polkadot Decoded 2024, will use NFTs to improve the environment for the better. Strong community support via Polkadot OpenGov led to the approval of this initiative. DOTphin,
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to announce the introduction of the Bybit Card in Argentina, allowing users to smoothly bridge the gap between digital finance and everyday transactions. Exciting welcome kits are being offered by Bybit Card to commemorate the debut. Users who apply for
The development of secure and decentralized protocols must prioritize the problem of trust and security. Due to present-day design trade-offs, projects often forego decentralization in favor of infrastructure that enables them to run efficiently, such as access to external market data. Simultaneously, this undermines the project’s general security, which in turn
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
A new blockchain platform has been launched by Dubai Customs. With the objective of easing bottlenecks in the supply chain both inside and outside of Dubai. According to a statement released on July 8 by the Dubai Media Office, the blockchain solution was introduced as a component of a larger
