BNB Chain, Binance’s blockchain platform, has lately indicated a desire to create a Web3-based storage infrastructure, which it has dubbed BNB Greenfield. The whitepaper they released on their official Twitter page indicates that it will be integrated into BNB Chain’s decentralized storage architecture, which provides end users and decentralized applications
Launching on an Avalanche Subnet, the decentralized cryptocurrency exchange Dexalot represents a new breakthrough in the development of decentralized trading protocols. Without sacrificing decentralization and transparency, the Dexalot Subnet seeks to imitate the user experience of a CEX. Using the Avalanche Fuji test network, its team has spent months developing
The gaming industry has recently experienced a significant shift towards Web3 gaming. With the surge of blockchain technology, Web3 gaming offers players a new level of control, security, and reliability for their digital assets. Bluzelle’s recent upgrade to Stargate, the latest version of Cosmos, is a significant milestone in the
The first yearly ETHTLV, which takes place from February 1 to 9 in Tel Aviv, is being organized by Israel’s most prominent web3 companies. In addition to establishing the community’s presence in the international web3 scene and discussing the actions web3 must take to enroll the next billion users, the
Investors’ faith in self-custodial platforms was badly shaken by events in the cryptocurrency industry last year. However, most retail investors aren’t familiar with or prepared to evaluate the pros and cons of various custodian options. Furthermore, many traders are not familiar with self-custodial options that are now on the market.
The bankruptcy cryptocurrency lender Celsius Network announced that some customers of the custody program from the insolvent crypto lender would be able to withdraw 94% of their eligible assets. Since June 2022, when the Celsius Network halted withdrawals, the crypto lending company created a withdrawal procedure for users who holds
The Ethereum-based social token platform Rally announced its closure on Tuesday. The Rally sidechain’s shutdown was announced in an email delivered to the Rally community on January 31st. Rally indicated that 2022 was a difficult year for the platform and the broader crypto sector. Despite the team’s best efforts, “the
One of the leading banks, HSBC, has recently advertised several high-level roles in the cryptocurrency sector. Suggesting that it may soon join the burgeoning digital asset sector. Recent job postings indicate that the industry’s dominant financial institution is actively seeking to hire a Product Director with responsibility for managing “tokenization”
While the crypto market beholds a significant rally, the top cryptocurrencies outperform the market with bullish momentum. The king Bitcoin (BTC) has surpassed to $24,000 range, and the top altcoin Ethereum (ETH), is near $16,000. As, the global cryptocurrency market cap has surged to $1.05 trillion, which increased by 1.5%
Support for Euro-backed IOUs on the XRP Ledger was recently announced by cryptocurrency exchange Bitstamp. Customers of Bitstamp may now use XRP Ledger for EUR transfers. Bitstamp tweeted on Twitter about their growing user base, saying: “We’re expanding our IOU Services on XRPL. You can now use EUR-backed IOUs as
