The public testnet for Venom, a Layer-1 blockchain that runs off of the Abu Dhabi Global Market (ADGM), went live today. The achievement is a huge step forward in Venom’s roadmap as it gets ready to go live on the mainnet. As part of its expanding ecosystem, Venom has also
The largest Pepe coin (PEPE) holder has more than $1 million worth of the token under their control. That indicated the “risks of concentration” looming over the near-term future of the popular memecoin. Analysts have expressed concern over the actions of investors who purchased relatively large amounts of Pepe after
Crypto exchange Coinbase initiated a solid move against the U.S. Securities and Exchange Commission (SEC). On Monday, the exchange sued SEC, urging the court to compel the regulator to respond to its rulemaking petition. Paul Grewal, Chief Legal Officer at Coinbase, tweeted: “The SEC is required by law to respond
Chainlink, the standard Web3 services platform, and GMX, the biggest decentralized perpetual exchange running on Arbitrum and Avalanche, have now announced that the GMX community has elected to incorporate Chainlink’s innovative low-latency oracles for financial market data. Moreover, launch partner GMX will be incorporating the new solution’s low-latency oracles into
Thetanuts Finance, a multichain decentralized options protocol, has secured $17 million in an institutional funding round. Thetanuts Finance offers a range of crypto-structured products, enabling a wide customer base to earn a yield on major cryptocurrencies and popular altcoins. Along with providing liquidity, and executing short and long options strategies.
Dogecoin (DOGE) and RenQ Finance (RENQ) are two very different cryptocurrencies, with different use cases, investor bases, and price movements. While DOGE has gained immense popularity due to its meme-like nature and backing from Elon Musk, RENQ has been gaining attention from investors due to its unique approach to decentralized
Since breaking above $30,000 earlier this month for the first time since June 2022, Bitcoin (BTC) has lost momentum and reached a nearly four-week low. On Monday, the largest cryptocurrency showed little change after dropping as much as 1.9% to $26,989. Also, the price of Bitcoin fell below $27,000 for
Binance, the world’s largest crypto exchange, announced the launch of an innovative AI-driven learning tool called Binance Sensei on April 24. The crypto exchange has announced the launch in its blog post. The new AI chatbot is integrated with the Binance Academy. The chatbot instructed to provide information in an
On Monday, OKX, a cryptocurrency exchange, revealed the results of a special polling event organized to choose which meme currencies will be listed. The crypto exchange will add support for ArbDoge AI (AIDOGE) and Bone ShibaSwap (BONE) based on the results of a vote. #OKX Memecoins: 🥁 Votes have been
The Romanian National Institute for Research and Development in Informatics (ICI Bucharest) is launching an internal non-fungible token (NFT) trading platform to promote Web3 adoption in the nation. On April 26, the ICI D|Services institutional NFT platform, which intends to connect commercial and public sector organizations with users, will launch.
