In the midst of the turmoil caused by FTX’s insolvency in the cryptocurrency market, Litecoin (LTC) is starting to shine and climbed by over 45% this month, from $54 to $81. The bullish price momentum may be due to an improvement in its supply dynamics. The uptrend comes ahead of
Ankr, one of the world’s leading Web3 infrastructure providers, has become one of the Sui blockchain’s first RPC (Remote Procedure Call) providers. It is the permissionless Layer-1 blockchain designed to let creators and developers generate Web3 experiences for the next billion consumers. Josh Neuroth, Ankr’s Head of Product, said that
On Sunday, FTX reached out to other cryptocurrency exchanges for assistance, explaining that stolen monies were being moved from the compromised exchange to third parties wallets. The insolvent firm, now run by John J. Ray III, CEO of FTX, requested that its competitors “take all measures” to recover the money
A few weeks ago, it seemed as if the majority of the NFT market was rapidly moving away from accepting creator royalties in any form. OpenSea, the largest online marketplace, contemplated making them voluntary. However, resistance from creators ultimately led to OpenSea keeping royalties. And now another Ethereum marketplace is
Binance U.S is going to resubmit a bid. After FTX filed for Chapter 11 bankruptcy, the agreement with Voyager fell through. Voyager’s exposure to FTX was $3 million as well. It has been reported that Binance U.S, will recommence its offer to acquire defunct cryptocurrency lender Voyager Digital. As a
Shockwaves were felt across the cryptocurrency markets, Web3, and the dapp industry with the sudden demise of the FTX exchange and all of its associated entities. From business as usual to bankruptcies and fraud probes took less than a week. The whole Web 3.0 sector saw the effects of this
Circle, the issuer of the USDC stablecoin pegged to the US dollar, has introduced support for Apple Pay in an effort to bring the crypto and conventional payment systems closer together. In a blog post published on November 15th, Circle made the news and projected that it may increase sales
Tel Aviv, Israel, 15th November, 2022, Chainwire First-of-its-kind Web3 gaming event to connect the community, gaming studios, and influential industry participants to reward selected winners from over 200 games for 16 unique categories Echoing the rapid growth of blockchain-based gaming and rising investment inflows, Polkastarter will be hosting the
The entire crypto industry is gossiping about everything related to Sam Bankman-Fried’s FTX. Also, the global crypto community and regulator bodies are constantly keeping a close eye on the bankrupt FTX and its trading company Alameda Research. In the aftermath of the crypto exchange collapse, the overall cryptocurrency market witnessed
Berlin, Germany, 15th November, 2022, Chainwire With a pitch contest, curated networking sessions and a dedicated mobile app to link people, projects and investors, Next Block Expo’s ambition is to become the most promising networking opportunity for the european blockchain community in 2022. The first edition of the Next Block
