With the debut of its Devnet, Somnia—the dream computer for a fully on-chain world—offered the world a preview of its high-performance blockchain, which is intended to manage reactive mass-consumer apps like as gaming, SocialFi, DeFi, and metaverses. Developers and Web3 users may now independently test the blockchain and evaluate Somnia’s 400k TPS
After maintaining a 9-day consecutive bullish streak, Bitcoin (BTC) drops over 5.87% in the last 24 hours, falling from a peak of $91,765 to an intraday low of $86,682. However, the flagship cryptocurrency is currently attempting to recover from earlier losses during Asian trading hours. At the time of writing,
In order to integrate its quickly expanding gaming ecosystem with the Sei network, Drift Zone, the Web3 gaming company creating the next generation of Gacha games, has secured a $190,000 grant. With its Telegram mini-game Drift Zone: Arena already having over 500,000 players, the studio is proving that broad Web3 adoption can be
South Korea’s largest cryptocurrency exchange, Upbit, faces an investigation for alleged violations of Know Your Customer (KYC) procedures. The Financial Intelligence Unit (FIU) has flagged between 500,000 and 600,000 identification issues during the review of Upbit’s business license renewal. The FIU uncovered numerous instances of blurred names or incomplete data
The Asian side of the world woke up to the crypto market’s slight dip in prices. However, on a positive note, prices have steadied their position in the bull run after recent rallies. This clears the path for more progressive growth in the coming days. Meanwhile, turning eyes to major
Eighteen Republican-led states have filed a lawsuit against the Securities and Exchange Commission (SEC), accusing the agency of overstepping its authority in regulating the $3 trillion crypto industry. They argue that, as a result of the SEC’s enforcement tactics, their rights to manage economic policies are being infringed. Furthermore, the
Memelandia, a decentralized hub aimed to grow its meme coin environment, introduced by the Open Network (TON). This initiative makes use of TON’s Telegram integration to boost meme activity on the platform. Additionally, TON Memelandia announced the start of its Memecoin Battles, in which memecoin communities, token developers, and traders would vie
Bhutan has been quietly mining Bitcoin since 2021. Using its hydropower, Bhutan runs low cost, sustainable mining operations and has accumulated over 12,200 BTC, worth about $1.11 billion, making it one of the largest government holders of Bitcoin. Why Bhutan Is Selling Bitcoin According to Arkham Intelligence, Bhutan moved BTC
How Can This Encounter Define the Crypto Future? Two major figures in the crypto world, Changpeng Zhao (CZ) from Binance and Arthur Hayes from BitMEX, met to talk about the future of cryptocurrency at the Binance event. Both have played big roles in shaping the industry and faced their battles
Binance Launchpool has scheduled the launch of USUAL, the governance token of Usual, a decentralized fiat stablecoin issuer, for November 19. This project marks the 61st listing on the Launchpool. As per the official post, Binance will initiate pre-market trading for the USUAL token starting on next Monday, with the
